CZECH REPUBLIC: Faurecia builds new exhaust plant
Faurecia Exhaust Systems plans to increase its production capacity significantly this year by building a new production line at a cost of nearly CEK180 million ($US4.8 million) at its current site in Bakov. Construction started in January and should be completed by April. The firm is expanding because it cannot meet growing demand, despite working a three-shift operation. FES, which is owned by Faurecia of France, expects total turnover in 2001 of nearly CEK5.25 billion ($US140 million), compared with over CEK1.5 billion ($US40 million) in 2000.
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