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Europe’s leading miller to invest PLN 42m in Polish plants


2012-08-24



GoodMills, the leading milling company in Europe and a top-four player globally, will invest PLN 42m (approx. €10.3m) in Poland over the next three years, as it seeks to complement its dominance in the country’s B2B market with a leadership position in B2C transactions, Rafal Salomon, CEO of GoodMills Polska, said in an interview with Rzeczpospolita.

The investment programme will cover all of the group’s facilities in Poland. It will include capacity extensions at its Polish mills, an expansion of its warehousing base, and productivity-enhancing investments in its packing machines. As part of the plan, its four production units in Poland, Diamant International PMZ, Diamant Stradunia, Aurora Kamionka and Aurora Polska, as well as VK Polska, another local subsidiary, will from 1 October onwards operate under the banner of GoodMills Polska.

Vienna-based GoodMills Group has a total of 29 mills in Central and Eastern Europe that between them process more than 3 million tons of wheat a year, and generates turnover of over €1bn. At present it has subsidiaries in Germany, Austria, Poland, Czech Republic, Hungary, Romania and Bulgaria. It also owns a minority stake in a leading milling company in Greece.



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PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.