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German manufacturers to invest PLN 34m in LSSE


2012-12-03



Two German investors have received permissions for manufacturing projects in the Lodz Special Economic Zone (LSSE). One is already present in the zone.

The newcomer is August Faller, a maker of pharmaceutical packaging. The company will invest PLN 20.8m (approx. €5.1m) by the end of 2015 to build a factory of packaging for medicinal products in Lodz, which will create at least 35 jobs by the end of 2014. The plant will be Faller’s first manufacturing site outside Germany. Apart from production, it will also provide secondary packaging services to pharmaceutical companies.

August Faller has over 850 employees and generates annual turnover of €100m.

Meanwhile, Rena (formerly HMS), a major supplier of process technology and equipment modifications for the semi-conductor, photovoltaic, medical and environmental technology and other industries, which already has a plant in the LSSE, will expand it by adding a new production hall in a project worth PLN 12.9m (€3.1m). The expansion will create at least 10 new jobs, taking the total to 148. Rena pledged to maintain this level of employment at least until the end of 2018.

Rena employs nearly 1,500 people and in 2011 generated total output (a measure of revenues plus inventories and work in progress) of €393m.



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