Continental Can gets a boost
Continental Can has been active on the Polish market since 1991 and has built "a healthy home market," said Terry Voce, head of Continental Can Polska.
Voce said the company had a large client list including Coca-Cola, Pepsi-Co, Żywiec, EB and Lech. Continental Can is building up operations here because Poland is strategic, with 40 million consumers.
"It's a strategic base for expansion," Voce said. The company expects to export 20% of its can production to target markets such as Russia, Ukraine, Hungary and the Czech Republic, Voce said.
The company already has a packaging factory in Krakow.
Until the opening earlier this month of the Radomsko can production plant, Continental Can had been importing 300 million cans per year from Germany and selling them on the Polish market.
The company also wants to open a plastics production plant in Poznan and a fish-canning plant in Gdynia sometime later this year.
Voce said the parent company is the largest German investor in Poland, but large operating losses make breaking even next year doubtful. Like most foreign companies investing in Poland, he said, Continental Can "won't start making money for the next two to three years."
Voce said the company had a large client list including Coca-Cola, Pepsi-Co, Żywiec, EB and Lech. Continental Can is building up operations here because Poland is strategic, with 40 million consumers.
"It's a strategic base for expansion," Voce said. The company expects to export 20% of its can production to target markets such as Russia, Ukraine, Hungary and the Czech Republic, Voce said.
The company already has a packaging factory in Krakow.
Until the opening earlier this month of the Radomsko can production plant, Continental Can had been importing 300 million cans per year from Germany and selling them on the Polish market.
The company also wants to open a plastics production plant in Poznan and a fish-canning plant in Gdynia sometime later this year.
Voce said the parent company is the largest German investor in Poland, but large operating losses make breaking even next year doubtful. Like most foreign companies investing in Poland, he said, Continental Can "won't start making money for the next two to three years."
