Wood floor firm Barlinek paves way for new factory

Just over a month ago shareholders of the company, which is also called Barlinek, agreed to capitalize zł.30 million to build two sawmills. Now, with the decision to make yet more investments, the company is looking for extra funds to build the new factory in the recently enlarged Barlinek special economic zone. "In order to enter the zone certain conditions have to be met: a company has to invest at least EUR 40 million or employ 500 people. We chose the first option," said Barlinek's president Paweł Wrona. The new factory is to be built by 2006 and its output will be wholly exported. In the meantime, Barlinek is in talks to set up its biggest sawmill in Ukraine that would supply materials to all its Polish factories. Barlinek currently produces 4 million square meters of wooden floors a year. (Puls Biznesu, p. 7) D.W.