Cersanit ready to grow, but first wants to block low-quality imports
Cersanit announced it is willing to invest as much as zl. 150 million in the
construction of a new ceramic tile factory alongside its existing plant in
Walbrzych. The company announced it wants to cooperate with domestic
competitors to protect the market against low quality imports. In the next
few days, the existing plant will produce the first batch of tiles specially
designed for export to the U.S. market. "This year's 70% share of
post-soviet countries in our export structure will decrease as we want to
intensify export to North America", said Cersanit's chairman Mariusz Gromek.
The company has ambitious plans to increase tile production up to 20 million
square meters a year. After opening the new factory, the company would
become one of top three domestic producers, after Opoczno and Ceramika
Paradyz. Presently Cersanit's share of the market stands at between 8% to
10%. (Prawo i Gospodarka, p. 7) M.T.