BREMBO: NEW PLANT IN POLAND, 130,000,000 IN PROCEEDS IN 2007

BREMBO: NEW PLANT IN POLAND, 130,000,000 IN PROCEEDS IN 2007

The Brembo group has inaugurated the new Dabrowa foundry in Poland this morning. Forty-five million euros have been invested in order to double the smelting capacity of the group, which will go from 90 thousand tonnes to 160 thousand tonnes, between European and American plants. Poland is, for Brembo, the second top nation in the world for investments and personnel employed and is a true "launching pad" towards the automobile markets of eastern Europe, "in development". Since 1995, Brembo has invested in Poland a total of around 100 million euros and in 2006 it forecasts spending of 20 million for the doubling of the processing plant alongside the new foundry. Between the production site of Dabrowa and that of Czestchowa, where the firm has had a plant since 1995, Brembo employees about 800 workers in Poland, a figure that at the end of the year will become 1000. According to the president of the group, Alberto Bombassei, who inaugurated the new plant along with Finance Minister Giulio Tremonti and his Polish counterpart Piotr Grzegorz Wozniak, Brembo's overall proceeds in Poland in 2007 will exceed 200 million euros, of which 130 coming from the plant inaugurated today.