NIFCO Korea Invests €15M in Poland

Plastic fasteners and precision moldings supplier NIFCO Korea, a member of Japanese NIFCO Inc., plans to invest €15 million in Zory, Southern Poland, to provide products for its major clients in the Czech Republic, Poland and Slovakia. The project will cost €15 million and is estimated to create 200 workplaces.

NIFCO Inc. runs 20 branch offices in 13 countries, including Poland but the NIFCO Korea project in Poland is independent of the concern's activities run in the country by NIFCO.

NIFCO Korea, which was established in 1985, provides engineered plastic products which are mainly used in the car and electronic industry. The company’s major clients include Korean concerns Hyundai/Kia, LG and Samsung Electronics. Source: PAIiIZ