Q3 2013 financial results
14/11/2013Boryszew sponsoring Kapitalna Warszawa concert
21/01/2014
On the territory belonging to Boryszew S.A. and Elana branch, Boryszew Group starts its production of automotive components. The first contract was signed with Volkswagen Group worth PLN 120 million.
As Boryszew Group continues its development of automotive, it started the production of automotive components in Toruń for two German-giant models: Caddy and T6. At the same, as a part of the agreement, the company will produce components for VW Tiguan in Germany. The total value of all contracts signed in recent weeks, including production in Germany is worth PLN 240 million.
“Toruń has always been very essential for Boryszew Group. It is not only due to the common history, but also thanks to great level of business openness and friendliness. Also, a rapid development of infrastructure played an important role for this project. Hence, we decided to settle the production here,” says Paweł Surówka, Member of the Board at Boryszew S.A. in charge for the Automotive Segment.
The contract with VW Group worth PLN 120 million includes production and delivery of interior plastic components for T6 and Volkswagen Caddy.
“On one hand, the contract with VW Group proves the trust in the quality of our products and also demonstrates the ability to quickly provide new production capacity responding to demand from our business partners,” Paweł Surówka says . “On the other hand, it is a test for our potential. I am fully confident that we can pass the test with flying colors which will the rewarded wth further contracts for new plants opening in Toruń.”
Boryszew’s development is now spreading abroad. Except for the existing plants in Germany, the Czech Republic, France, Spain, China and Brazil, we opened a new factory in Russia. Its opening is scheduled for Q4 this year.
“The new factories in BRIC countries bring an immense opportunity for the entire group, and particularly important considering constant difficulties on the European market,” Boryszew’s Board Member says. “It is also a great chance for Polish workers and managers to experience and understand completely different business and production cultures as the key management in our plants is Polish.”