Wienerberger spends $163 mln in eastern expansion

04.05.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Wienerberger , the world's largest brickmaker, will spend 120 million euros ($163 million) on new plants and upgrading old ones in Poland...

...and the Czech Republic, the company said on Friday.

Wienerberger said the expansion was to address the booming housing market in Poland and the Czech Republic, where high demand can currently only be matched by importing building materials from neighbouring countries.

The expansion is part of Wienerberger's 250 million-euro expansion plan announced earlier this year.

For a detailed list of the investments, please double click on [ID:nHug123482]

[VIENNA/Reuters/Finance.cz]

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