H. Cegielski launching major new investment

Transport manufacturer H. Cegielski–Poznań announced on Friday that it will be investing PLN 72.5 million in development and expansion between 2017 and 2021, according to a report in the Polish press. The company plans to invest in new production technologies, modernization of machinery, expansion of sales combined with entering new markets and strengthening its position on existing markets.  “The solutions adopted in the investment program have been prepared on the basis of a realistic assessment of the market and proposed solutions to ensure its stable development,” said the company’s statement. H. Cegielski–Poznań S.A. was founded in 1846, and in addition to manufacturing rail transport, it supplies engines to power plants and machinery to the military.