Paradyz to build new ceramic tile plant in Lodz Special Economic Zone

Paradyz, a company set up by ceramic tiles producer Ceramika Paradyz, was granted permission to do business in the Lodz Special Economy Zone (SSE) and wants to invest zl. 34 million in a new Tomaszow Mazowiecki-based production plant. According to Ceramika Paradyz trade director Piotr Tokarski, the plant construction should start in two weeks and full production should be achieved by October 2002. At present exports constitute 12% of Paradyz's sales but by expanding into German and American markets the company wants to increase that to about 20%, says Tokarski. The new plant will probably have more than 250 employees. (Puls Biznesu, page 4)