Atlas plans to go ahead with construction of new cement mill

By going through with the investment in the Łódź Special Economic Zone, Atlas will diversify its operations, and therefore will have to face international competitors such as Lafarge, Heidelberg Cement, or CRH. In order to do this, the company seeks extra funds. "We are unable to handle the construction of the cement plant by ourselves. We have two ways out: an IPO or to seek an investor for this project. We are considering both possibilities and have not made the final decision yet," said Grzegorz Grzelak, Atlas president. Company representatives admit that they are holding negotiations with a potential foreign investor whose identity they do not want to reveal. The company has spent zł. 18 million so far in the implementation its cement mill strategy. (Puls Biznesu, p. 5) A.K