18.05.2011
New investment plan of Tire Company Dębica S.A.
T.C. Dębica S.A. will invest PLN 70.4 million in 2011-2013<br /> <br /> Tire Company Dębica S.A., the largest tire maker in Poland, will invest even US $ 70.4 million in the 2011 – 2013 period. The investments at T.C. Dębica S.A. will comprise solutions securing the compliance with the technical and legal requirements set forth in the European Union labeling directive. This strategic decision will enable the Company to maintain a competitive position vis-à-vis other tire makers in Poland and abroad. It will also help the Dębica plant to develop a manufacturing process with the state-of-the-art technical parameters.
T.C. Dębica S.A. will invest PLN 70.4 million in 2011-2013
Tire Company Dębica S.A., the largest tire maker in Poland, will invest even US $ 70.4 million in the 2011 – 2013 period. The investments at T.C. Dębica S.A. will comprise solutions securing the compliance with the technical and legal requirements set forth in the European Union labeling directive. This strategic decision will enable the Company to maintain a competitive position vis-à-vis other tire makers in Poland and abroad. It will also help the Dębica plant to develop a manufacturing process with the state-of-the-art technical parameters.
The investment projects implemented by Tire Company Dębica S.A. will apply to the overall manufacturing processes including the purchase of tire making machinery and equipment. TC Dębica, being the leader of tire business in Poland, and the largest exporter in the Subcarpathian region, will launch the investment process still before the effective date of new European Union directive that will come into force in fall 2012. The new directive imposes a tire labeling obligation on the tire makers. The tire labels will carry information on such technical parameters as: fuel efficiency, wet grip and noise level.
- We are very happy to note the implementation of new labeling system, because in our opinion it will provide the customers with access to safer tires offering lower fuel consumption – says Jacek Pryczek, the President of Management Board of Tire Company Dębica S.A. Our company is taking its best efforts to produce tires meeting highest safety and environmental standards – adds J. Pryczek.
The investment plan will be implemented in the 2011 – 2013 period. It was accepted by the Company’s Management and Supervisory Boards.
Tire Company Dębica S.A., the largest tire maker in Poland, will invest even US $ 70.4 million in the 2011 – 2013 period. The investments at T.C. Dębica S.A. will comprise solutions securing the compliance with the technical and legal requirements set forth in the European Union labeling directive. This strategic decision will enable the Company to maintain a competitive position vis-à-vis other tire makers in Poland and abroad. It will also help the Dębica plant to develop a manufacturing process with the state-of-the-art technical parameters.
The investment projects implemented by Tire Company Dębica S.A. will apply to the overall manufacturing processes including the purchase of tire making machinery and equipment. TC Dębica, being the leader of tire business in Poland, and the largest exporter in the Subcarpathian region, will launch the investment process still before the effective date of new European Union directive that will come into force in fall 2012. The new directive imposes a tire labeling obligation on the tire makers. The tire labels will carry information on such technical parameters as: fuel efficiency, wet grip and noise level.
- We are very happy to note the implementation of new labeling system, because in our opinion it will provide the customers with access to safer tires offering lower fuel consumption – says Jacek Pryczek, the President of Management Board of Tire Company Dębica S.A. Our company is taking its best efforts to produce tires meeting highest safety and environmental standards – adds J. Pryczek.
The investment plan will be implemented in the 2011 – 2013 period. It was accepted by the Company’s Management and Supervisory Boards.