Ferro to go further South
12:35
Poland's sanitary company Ferro is going to enter the Hungarian market this year and is also considering exporting its products to Bulgaria, Parkiet.com reported citing the firm's CEO Aneta Raczek.
"We are planning expansion to Hungary this year and in two or three years we would like to become first or second on that market," Raczek said. Through this year, the board of managers will decide about the potential entry into Bulgaria, she added.
"The firm's situation is so stable that we do not exclude acquisitions ... especially abroad," the CEO also said.
Ferro Group is one of the largest manufacturers of sanitary and installation fittings in the Central and Eastern Europe region.
