New investment! During the Plastpol Kielce fair, on May 23, we signed a contract for the purchase of a production line with the German company Reifenhauser. The installation of the EUR 7 million barrier film production line will take about a year.
– This purchase will increase production twice, it is vital to secure the supply chain. We must have a separate line, fully capable of taking over the production. This step makes it possible for us to become the leader in barrier films production in Poland and in this part of Europe – says Andrzej Bogucki, President of Bogucki Folie. – In the future, we are considering entry to other markets; markets such as Lithuania, Ukraine, Latvia, Estonia, and even Belarus in the future. The “southern” market, i.e. Romania, Bulgaria and Croatia are also possible targets for us.
– I believe that the Polish market is important, considering how fast it is developing. The market expands mainly due to the number of investments that Polish entrepreneurs have made in recent years – says Ulrich Reifenhäuser – CSO of Reifenhauser Group. – I predict Poland will soon become an important country for the German processing industry. Costs differences in energy consumption and logistics make Polish plastic products competitive and able to conquer the German market soon.