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The Warsaw Voice » Business » May 14, 2008
Business
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Indesit Expands
May 14, 2008 By A.R.    
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Indesit Company, Europe's second largest producer of household appliances, plans to manufacture 2.9 million pieces of equipment in its Polish plants this year.

In 2007, Indesit Company's sales on the Polish market rose by 14.8 percent despite growing competition. "Last year was very important to us because we considerably expanded our range of innovative products," said Marco Zini, regional director at Indesit Company Polska.

The Italian company has been in Poland since 1992-initially as a sales office. In September 1999, the company opened its first plant in Łódź to manufacture stoves for various European markets. In October 2004, Indesit's second plant in Łódź started making refrigerators, with a new production line launched in April 2006. At present, the plants provide employment to over 2,700 workers between them and the total value of the company's investment has exceeded 120 million euros.

Indesit's expanding production capacity in Poland will help the company meet its 2008 targets. Indesit will soon open new plants in this country. Two factories are under construction in Radomsko, a sub-zone of the Łódź Special Economic Zone, in a project that is worth over 80 million euros. The washing machines and dish washers to be manufactured in these plants will be sold on the European and global markets. Around 1,500 new jobs will be created. The plants will launch production in the second half of 2008 and will help Indesit increase its output to 2.9 million units this year.

Indesit Company, known as Merloni Elettrodomestici until December 2004, has 18 manufacturing sites and 24 sales offices across the world. It employs over 17,000 people and makes around 15 million appliances annually. The company owns the global brands Indesit and Hotpoint-Ariston, and three regional brands: Hotpoint in Britain, Stinol in Russia, and Sholtes in France.
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