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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.

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