Lotte Group and E.Wedel company have informed about the new investment's location. The factories are going to be erected on a 20 ha plot of land bought from Wałbrzych SSE in Świdnica. The investors are going to become neighbours with such brands as Electrolux, Klingenburg or Colgate-Palmolive.
The project was being led by Polska Agencja Informacji i Inwestycji Zagranicznych (PAIiIZ). Preparations for formalization of plot's purchase are currently underway. Production profile and direction for sale of products, which are going to be manufactured in the new factory, are being developed as well.
Lotte Group begun its expansion into Old Continent with the purchase of the oldest Polish chocolate manufacturer's brand in september 2010. Lotte is an international company operating in food, chemical, construction, financial and tourism industries. It is considered to be one of the strongest global sweets manufacturer.