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10/02/2017

Signing the investment agreement

On 10 February 2017 the Management Board of Elemental Holding S.A. signed the investment agreement concerning opening a sampling line for PCBs in the plant in Bydgoszcz.

The agreement determines the scope and rules of carrying out the investment consisting in the expansion and modernisation of the plant in Bydgoszcz, run so far by subsidiary Terra Recycling which shall be taken over by the entity which will carry out the planned process for the investment duration.

The major objective of the investment is the plant expansion by launching a sampling line for printed circuit boards, which is related to incurring investment expenses by companies from Elemental Holding Capital Group amounting to no more than thirty six million PLN. During the investment, cooperation will be established with companies belonging to Elemental Holding Capital Group with respect to the providers of process solutions and know-how.

The investment completion is planned for 31 July 2017.

For more information, see Current Reports.

About Us

Elemental Holding is a leading Polish group operating in the recycling and recyclable material trading industry and a top supplier of recyclable material for metalworks and foundries all over the country. It runs its operations using recycling facilities located in Poland, Germany, Lithuania, Finland, United Kingdom, Turkey and Middle East countries.

The Holding mainly specialises in trading in and processing non-ferrous metals a as well as electronic circuits.  (more)

 

Elemental Group