Uflex Group to invest in Poland - Uflex first European manufacturing project was supported by the Polish Information and Foreign Investment Agency and will be located in Poland.
India’s UFLEX Group (formerly known as the Flex Group) is one of the world’s 5 largest manufacturers of flexible packaging films (flexible laminates & pouches, plain and metallised BOPET/BOPP/CPP/coextruded films). In keeping with its core policy of being as close as possible to its customers, it is taking a major step forward in its international operations by investing in a large manufacturing facility in Europe. Its first European manufacturing project will be located in Poland. The first phase of this operation will be the setting up of an 8.7 meter wide/500 meters per minute Biaxially Oriented Polyester (BOPET) Film line and a high-barrier plasma enhanced vacuum metallising plant near Poznan in central Poland.
The plant is being set up under the aegis of Flex Film Europa Sp.z.o.o. The state-of-the-art BOPET Film plant will be one of the world’s largest film lines and will be capable of turning out about 36,000 MT (about 80 million lbs.) of film annually. The total investment in the first phase will be US$ 90 million and the plant is due to start commercial production in mid-2012. This facility will enable European users of BOPET films to obtain their requirements at short call.
Poznan is considered Poland’s second most prosperous city after Warsaw. It is a well-known centre for trade, industry, education and culture. Many leading multinational corporations have manufacturing plants located in the Poznan area.
UFLEX decided to set up the plant in Central Poland after a detailed study of various alternative locations. Poland is very centrally located in Europe and is close to most user markets in that region. Poznan has good industrial infrastructure and many well-known international companies have large plants operating here. This makes for good availability of quality manpower and engineering facilities. Poznan is also well-known for being a leading hub for trade, education and culture.
The UFLEX Group is India’s largest Flexible Packaging conglomerate and is the world’s only fully vertically integrated company in this business. Its products include plain and metallised films, flexible packaging laminates, bags and pouches, PET resins, holographic materials, printing inks and coatings, adhesives, rotogravure cylinders, flexographic plates, packaging machinery and converting machinery. All these products are manufactured in-house in state-of-the-art global scale facilities and present annual revenues are about INR 40 billion (US$ 870 million). It has manufacturing plants located in India, Dubai, Mexico and Egypt.
Because of its extensive domain knowledge of every link of the Flexible Packaging value chain, it offers a wide variety of customised end-to-end packaging solutions for almost any application. Its depth of understanding and expertise enable the delivery of optimum packaging solutions to its customers.
The Group is a leading international player in Flexible Packaging with an extensive global manufacturing and marketing footprint. At last count, its products are used in 103 countries and this number is going up all the time.
Two more new 8.7 meter BOPET Film lines are under installation – one each at its Mexico and Egypt facilities - and a new CPP Film line is under commissioning at Egypt. With the lines presently under installation, UFLEX will emerge as one of the world’s top three BOPET Film producers. Almost all the Group plants are certified as being compliant with ISO 9001 and ISO 14001 specifications. The Mexico facility has recently been accredited with ISO 9001:2008 certification, a further testament to the company’s total commitment to the highest quality standards.
The Group has a long and impressive track record of winning prestigious international awards for product quality, innovation and corporate performance year after year. Ever since its inception in 1983, it has maintained a consistent double-digit annual rate of growth that has been one of the highest in the global Packaging industry.
The Group has plans on its anvil to further extend manufacturing operations to new strategic locations in other parts of the world to service customers’ requirements better.
Źródło: paiz.gov.pl
New investment quarter has started. The agency has received 9 new project, therefore now the PAIiIZ leads 175 investments in total. If all the projects, which total value equals to 3271,85 million euro, are implements, there will be 32 197 of new vacancies created in Poland.
Since the beginning of the year, the agency has implemented 10 projects (162,14 million euro of total value and 2 697 new vacancies). Those investors, who decided to invest to Poland have business in the following fields: aircrafts, BPO, entertaining-scientific, automotive industry, ICT and food processing industry.
The AHK Polska has published the data based on the 10th cyclical poll; a survey. which had been made among the foreign investors. According to the survey, for the third time, Poland has been chosen the best destination for the investors in Eastern Europe. As the chairman of the PAIiIZ Sławomir Majmam noted, receiving a gold medal is not something extraordinary, while being awarded for the third time is a real achievement.
The potential of Eastern European countries was evaluated by 116 entrepreneurships, which have business in the all regional throughout all of Poland. In the final evaluation, getting 4 points in total, Poland beat the following countries: Czech Republic (4 points), Estonia (4,97 points and Slovakia (2,96 points).
The results of the anniversary survey made by the AHK show that the foreign investors are pleased to work in Poland. About 95% percept of the respondents say that their companies are doing well. Michale Kern, the general director of the AHK Polska, says that it is worth emphasizing that 95% of the companies, who took part in this survey, affirmed their will to choose Poland as an investment destination country if they had to do made the decision today.
MTU Aero Engines investment is the eight and the latest successfully completed projects with PAIiIZ support. The company will spend €13,8 m and create 50 new jobs
The majority of completed projects in first quarter of 2015 are represented by BBS, R&D, ICT, automotive, aerospace, electronics and home appliances sectors. The total value of 8 projects reached €153.14m. Due to them, even 2,637 new jobs can be created.
Among 170 ongoing investments supported by the Agency, BPO and automotive sectors predominates. Each of the sector runs 32 projects. Next are: R&D with 19 projects, aviation with 13 projects and food sector with 12 projects. The total value of ongoing projects reaches €3065.45 m. Those investments may created even 30,061 new jobs in the future.
“For the first time in the history, Poland has been promoting itself as medical tourism destination. Due to the international promotion of the medical tourism sector, that lasted for 3 years, foreign audience discovered the potential of our country”, said PhD Ada Kostrz - Kostecka, head of the programme of promotion of Polish medical tourism on International markets 2012-2015 that was provided in cooperation of PAIIIZ. The conference summarizing the project was held on 18 March in PAIiIZ.
Representatives of medical tourism sector abroad and foreign journalist who visited Poland during study visits assess the offer of Polish medical tourism as very good. 12 trade fairs.
czytaj więcejRandstad presented the 25th quarterly report entitled “Employers’ plans”. This is a useful compass for employees. This time the plans of employment are the most optimistic since 6 years”, commented PAIiIZ president Sławomir Majman during the conference held on 9 March.
The first part of 2015 is expected to be very optimistic regarding the employment market. The percentage of employers willing to create new jobs (30%) is the highest since six years – in went up by 4% q/q. Also the number of companies planning to increase salaries in growing. Moreover, despite the lack of enthusiasm among entrepreneurs regarding the economic condition of Poland, there is a rising trend in defining the situation of their companies as good or very good.