Skip to content
Advertisement

Business

Ceramika Tubadzin investments continue to pay off

The third largest producer of ceramic tiles, Ceramika Tubadzin, is completing its new production plant in Ozorkow near Lodz. This is the third stage of the factory's development, which has set the enterprise back by a total zl. 130 million. "We expect the investment to pay off in 10 years. The situation in our sector is not the best, but our annual sales are continually increasing. Last year we sold over 5 million square meters of tiles and this year we estimate sales will total 6.5 million square meters," said Marcin Baranski, Ceramika Tubadzin marketing director. The company had considered expanding through buying out its competitors, but it turned they lacked the modern production techniques currently demanded by the market. In 2001 the company recorded zl. 140 million turnover. (Puls Biznesu, p. 11) M.T.

More from Business All