Steinhoff Poland announces it wants to become the No.1 furniture producer

Steinhoff Poland, a subsidiary of the international furniture producer, plans to increase its involvement in the national market. On Friday the company officially opened its new EUR 13 million production plant in Rzepin. Bruno Steinhoff, the founder of the concern, said during the opening ceremony that the company was still planning further development in Poland, but he refused to reveal any details. "We have new projects, but currently we must conclude the investment in Rzepin," said Andreas Bogdanski, managing director at Steinhoff Poland. He has, however, announced that the company is planning to become one of the largest furniture producers in the country. Representatives of the German concern said that sales of the Polish subsidiary would amount to EUR 30 million in 2003, which is eight-fold more than in 1998. About 10% of its production is sold in Poland. (Rzeczpospolita, p. B4) M.M.