Wielton enlarges investments by PLN 40 mln
15:46
The largest Polish manufacturer of equipment for traction units, Wielton, plans to expand investments by approximately PLN 40 million (investments in 2015 equaled PLN 18 million).
Wielton's CEO Mariusz Golec said they were going to increase their production capacity in Poland, manufacturing 16,000 trailers and semi-trailers by 2018.
"This year we also want to strengthen our position in foreign markets, focusing on Germany, France, Italy and Benelux countries. We think about development in Africa as well," CEO Mariusz Golec said.
At the same time, the company does not intend to cease their commerce in Russia, despite the recession.
"We do not want to leave this market. We have optimized costs and we want to be ready for a rebound in the industry. At the moment, the market is under pressure, but perhaps in 2017 we will see some signs of recovery."
