Parts maker to invest zł.100 million in Polish factory

"The funds will be chiefly devoted to the development of production in our facility in Nisk," declared Toora Poland president Renzo Poli. The company also plans to expand its product portfolio for delivery cars and trucks. It is also considering the creation of a research and training center in Poland. Toora's combined investment in Poland in the previous three years exceeded zł.180 million. The company's announcement of the planned financial engagement came after it submitted its issue prospectus to the Securities and Stock Exchange Commission in mid September. Toora Poland plans to increase its capital by around 35%, which would mean issuing six million new shares and selling them on the Warsaw Stock Exchange. (Puls Biznesu, p. 7) A.K.