Marflex to center its production base in Poland

The capital will be used to double the company's production of stretch foil. The concern signed an agreement for the lease of land for the construction of a new factory and the contract for the supply of a new production line. The investments are to create 50-80 new jobs. M.J.Maillis assumes that at the end of 2008 the turnover of the Polish branch of the concern, which is located in Karczew near Warsaw, will increase to EUR 120 million, while this year it is to amount to EUR 50 million. The Greeks forecast that the Polish market will grow by 6-7% a year. "We want Marflex to become the center of the plastic tapes production for the continent. We intend to export output to the Benelux countries, Germany and Scandinavia," stated Michael Maillis, the head of M.J. Maillis. (Puls Biznesu, p. 12) E.B