Booming exports behind Ceramika Paradyż's new zł. 86 million factory

The investment will be located on a site in Tomaszów Mazowiecki which is part of the Łódź Special Economic Zone. "Once the factory opens it will employ 150 people," said Ceramika Paradyż president Stanisław Tępiński. The investment is divided into two stages. The first will see zł. 60 million being spent on actually building the factory and ensuring production of five million square meters of tiles a year. The second phase, which will be concluded in early 2005, will mean a further investment of zł. 26 million to expand production capacity to seven million square meters of tiles annually. "We are building this factory simply because we cannot meet the present demand for our products. Thanks to the fact that the exports as a share of our sales rose from 7% to 20%, our total revenues increased 14% in 2003," said Tępiński. (Puls Biznesu, pp. 1, 8) M.M.