GARO invests in new production and logistics facility in Poland.
NORDIC BUSINESS REPORT-January 27, 2022-GARO invests in new production and logistics facility in Poland
(C)2022 M2 COMMUNICATIONS http://www.m2.com
Electrical installation equipment manufacturer GARO AB (STO:GARO) said on Thursday that its board of directors has resolved on an investment in a new production and logistics facility in Szczecin in northwest Poland.
Located close to the company's existing facility, the new space will add approximately 15,000 square metres and is expected to facilitate a considerable increase in capacity primarily in GARO's E-mobility business area, and also in its Electrification business area.
The project is planned to commence in the second quarter of 2022, with the facility due to be completed by summer 2023.
GARO's...
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