Automotive sector more interested in export support - DNB

DNB Bank Polska has observed increased interest in its products for automotive sector companies planning foreign expansion, Adam Żelezik, the lender’s director for corporate banking, told ISBnews. In his opinion, in the past two years, Polish firms, mostly car parts producers, have tended to reach westward. Before that, they were most interested in the southern and eastern direction. “We see an expansion trend among firms with Polish capital, which are gradually going abroad. Boryszew and the Impexmetal group are best-known, but there are many examples,” Żelezik said. “They include medium-sized companies, with turnover of PLN 80-200 million, which are looking for attractive takeover targets abroad,” he added.