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[December 2004]
Wienerberger Plans Investments in Poland
Wienerberger AG (Vienna, Austria) is planning investments in Poland. Current projects include the construction of a new moulded roof tile plant at a location already secured by the company and the expansion of the flat roof tile production plant in Kunice.
"Our investment plans for Poland reflect economic forecasts for expected market growth as well as increase in the market share of clay roof tiles resulting from pent-up demand for residential construction over the mid-term," noted Johann Windisch, Member of the Managing Board of Wienerberger AG for Central-East Europe.
This investment, together with the €33.5 million investments being made by the company in France and Belgium, is seen as further proof of the steady implementation of Wienerberger's profitable expansion strategy as well as being an integral part of the company's announced growth programme with roughly 20 smaller, high synergy projects.
ENDS