Ronal to invest euro 100 million in auto wheels factory

Germany's car wheel producer Ronal has announced plans to invest around euro 100 million in the construction of a new factory in Poland. The company already owns a car wheel factory in Walbrzych, the second one will be established in Jelcz Laskowice in south west Poland. The construction of the plant will be divided into two stages, each requiring euro 50 million. The first stage is to be finished by the end of 2002, when the factory will have an annual production capacity of 1 million car wheels. "The investment will be finished in three years and the planned production size is 3.5 million units annually, says Krzysztof Brosig, the head of Ronal Polska. The plant will employ up to 1,000 people. The company's main clients will include such names as Ford, General Motors, Suzuki and Toyota. (Puls Biznesu, p.6) A.K.