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Japan Denso Group has announced that it will establish a new company in Poland on April 5, 2013 to expand its dashboard business in Europe.
The new company will be located in the city of Myslowice in southern Poland. The company will install a total of 16.1 million PLN (about US$5.1 million) in funds for the company and plans to finance it until the 2015-2016 fiscal year. The total number of employees in the new company will be expanded to around 70.
Denso said that it owns the automobile dashboard production business in eight countries and regions, and the new Polish company will begin production of dashboard products in August this year, which will enable it to further increase its production capacity and better meet customer needs.
The new company covers an area of ​​4,500 square meters and its sales are expected to reach 104 million zlotys (about US$33 million) by FY2015
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