Mercator Medical expands its plant in Thailand

Medical gloves producer, Mercator Medical wants to expand its plant in Thailand with a PLN 100 million investment. The money is to come from their own funds, raised through increasing the share capital of the company and from bank loans. As many as seven new production lines will be constructed, with a total capacity of 140 million gloves a month. The beginning of the investment depends on several conditions, including obtaining necessary permits and tax exemptions and securing financing. Once they are met, construction should start in H1 and be completed within 18 months from the start. The factory's current capacity is 100 million gloves a month.