Delphi Polska gets green light for development plans
American car parts producer Delphi is planning to invest an additional zl.
120 million to develop their Polish factories in 2003. "The largest part of
sum will be used to finance new production lines and increase the space in
our factories in Gdansk and Blonie," said Leszek Waliszewski, president in
Delphi Polska. Market analysts do not see any threats facing the company's
growth. "They have good technologies, are managed quite well and compared to
their competitors they look pretty good," said Stefan Bielinski, chairman of
the Automotive Industry Chamber of Commerce. Delphi Polska is now completing
the restructuring of its factories. Many problems have been tackled, and the
Krosno-based factory, which had been on the verge of bankruptcy, has been
turned around and is making an operational profit. "We should close this
year with a sales value of $300 million," said Waliszewski. (Puls Biznesu,
pp. 1, 6) A.D.
