Procter and Gamble investing $150 ml. in plant expansion
American concern Procter & Gamble (P&G), aiming to triple its production
in Poland, plans to invest $150 million over three years, mainly in
expansion of its Warsaw factory, thereby increasing capacity for
production of diapers, shampoo and bleach. When completed, the enlarged
plant will add five new diaper production lines to the current seven,
enabling P&G Polska to triple its output and export to 25 countries,
including those in the Middle East. According to company authorities, no
layoffs are planned and it is even possible new workers will be hired,
depending on needs. However, frequent promotion of workers within the
company is more likely. "Poland is our center point in Central and Eastern
Europe", said John E. Pepper, P&G head. The company has recently opened a
new Warsaw headquarters, its management and marketing center for Poland
and the Baltic states. In Poland the concern sells products under 20
different brand names and is a leader in the washing powder and diapers
markets. In the last fiscal year, P&G's revenues in Poland exceeded $400
million,(Gazeta Wyborcza, p.18