Polish unit of Samsung goes shopping in Europe

Samsung Electronics Manufacturing Poland, the owner of washing machine and refrigerator production plant in Wronki (Wielkopolskie voivodeship) has decided to put its bet on Polish and European sub-suppliers and spend €500 million on the continent, instead of going shopping in Asia, the Polish Press Agency agency reported. "The goal of changing the source of supplies is reduction of costs and shortening the lead time. Due to improving competitiveness in our market [Polish market] and lower costs of transportation, Polish producers will be the preferred group, if their offer is attractive," said Dominik Będziak, Senior Manager of Purchasing Department at Samsung Electronics manufacturing Polska. Talks with potential business partners are to be held in Poznań, on 9-12 June at the Industrial Subcontracting Exhibition.