Lider Artur bins biscuit baking plant buy-up, believing newbuild to be better
Lider Artur (LA), a Wołomin-based biscuit producer, is about to build a new factory in this country. The decision was made after LA withdrew from negotiations to buy a factory in Jarosław that is currently being closed down by Danone-owned LU Polska. Artur Dołęgowski, LA's owner, said, "We will build our factory somewhere in the countryside. We will employ some 400 people to operate several production lines." According to analysts, building such a large facility would cost LA about zł.67.5-90 million (EUR 15-20 million). Lider Artur is among the country's ten biggest biscuit producers. Operating two modern factories in Wołomin and Radzyń Podlaski that in total employ almost 500 people, the firm exports around 35-40% of its products, mainly to Russia, Romania, the USA and Canada. (Puls Biznesu, p. 5) D.W.