ERG to expand output capacity and export sales

Photo by ERG

Poland’s injection moulder and packaging film manufacturer ERG capital group has announced plans to invest in expanding its manufacturing capacity with the use of an investment grant from the European Union. The company applied to obtain some PLN 6m (€1.4m) from the EU, reports local business news site Biznes.interia.pl.

The latest announcement follows the release of ERG’s improved financial results for the first quarter of this year. From January to March 2016, the manufacturer posted revenues of some PLN 24.9m (€5.6m), an increase of 15% compared with the same period a year earlier.