Mahle confident that new investments will pay off
German car parts producer Mahle plans to invest euro 60 million in its
plants in Krotoszyn by 2005. This will boost employment in the plant from
the present 1,200 to 1,700 workers. "The investment is divided into four
stages. First we will complete the aluminum foundry, worth euro 10 million,
which we have already started building, then we will build a new production
plant which will produce pistons for car engines," said managing director
Andreas Kosicki. The company also operates on the spare parts market and
plans to enter the Russian market in the future. Mahle entered Poland in
1998 and has already invested zl. 167 million in its plants. Last year 61%
of the company's revenues were generated by exports. Their main clients
include Daimler Chrysler, Volkswagen, Audi, Volvo and Renault. (Puls
Biznesu, p. 10) M.M.