Merloni Indesit Polska gets into high gear

Despite falling prices, Merloni hopes to see even better results in 2004 thanks to the construction of another two production plants in Łódź. Once the buildings have been completed, the company will spend another EUR 50 million by the end 2005 on installing production lines. "We are doubling the output of our cooker plant, while during the second quarter our washing machines factory will open, and still before the end of the year the refrigerator plant will start functioning. Within three years, all divisions will produce one million pieces each," announced Giuseppe Parma, Merloni Indesit Polska director general. Around 84% of the goods made in the Łódź factory are exported, and it is expected that the new factories will have a similar sales structure. (Puls Biznesu, p. 6) A.K.