UNI - EN REPORT No6/2016
Publication of inside information pursuant to Sections 56.1, 56.6 of the Polish Public Offering Act
Current report no. 06/2016 dated 22 March 2016
Supervisory Board (Aufsichtsrat) and Management Board (Vorstand) of UNIWHEELS AG have decided to accelerate the full expansion of plant 4 in Stalowa Wola
Today, Supervisory board (Aufsichtsrat) and management board (Vorstand) of UNIWHEELS AG have decided to accelerate the full expansion of plant 4 in Stalowa Wola. The 2 million wheels capacity increase of the complete stage is now planned to be reached one year earlier, at the beginning of 2017. Originally, the full capacity increase of 2 million wheels annually was planned for the beginning of 2018, with the first stage of the expansion - enabling a capacity increase of 1.2 mln wheels in total per year - to be completed in the late summer of 2016. This first stage increase will be unchanged. The reason for the acceleration of capacity expansion is stronger than expected customer demand reflected in The Group’s order book.
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