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The solemn opening ceremony of the new manufacturing site took place today in the presence of many guests
Among them officials from local authorities
suppliers to the project and representatives from the owners
The official ribbon cutting ceremony was conducted by the Norwegian Ambassador to Poland
Olav Myklebust.“I am very pleased to see Norwegian company Jøtul
with their unique history of providing stylish
high quality wood stoves and fireplaces for more than 160 years
expanding their presence in Poland through this new plant here in Wroclaw
This contributes to the trend of strengthened cooperation between Norway and Poland in many areas
said in he speech that this was an important day for the future of the Jøtul Group
“This plant is bringing together the best of two plants we had in Norway and Denmark
Additional we have invested some Euro 7 million in new state of the art equipment enable the plant to produce both steel stoves for Scan and cast iron stoves for Jøtul based on casted parts from our foundry in Norway
We have been in production since early January and are now around 120 well skilled local employees
This will increase further as we are increasing production day by day.” Mr
Brunborg also thanked everyone working hard to implement this project in a very tight time line
“A lot of employees have put in a lot of energy and time to achieve this
We are also very impressed by our landlord Prologis
that together with their many contractors constructed a 20.000 m2 “tailormade” building for us in six months”
Brunborg.Managing Director of OpenGate Capital
Veillas expressed high satisfaction with the new plant and the execution of the project
“When we acquired Jøtul Group in the beginning of 2018 we started an extensive analysis together with the management on how to improve profitability
hereunder the production and distribution footprint of the Group
This analysis ended in a decision in end of 2018 to build this new plant in Poland
This to achieve a lower cost structure and synergies by moving the manufacturing in Denmark together with most of the manufacturing that took place in Norway
A very important part of the decision was that we wanted to continue to be in control of our own production
making sure that the Group continue to produce high quality products for all their brands
We also decided to keep our R&D and innovation centers both in Denmark and Norway to enable us to continue the development of the innovative and high quality products the Group is known for
OpenGate Capital is very committed to our investment in Jøtul and this day is a milestone for the future of the Jøtul Group”
About Jøtul GroupJøtul is one of the world’s oldest producers of stoves, inserts and fireplaces. Building on a proud Norwegian heritage, Jøtul combines fine craftsmanship with the art of coping with the cold for 160 years. Jøtul is headquartered in Norway and features four prominent brands Jøtul. Scan, Ild and Atra and proudly sells to 45 countries around the world. To learn more about Jøtul, please visit: www.jotul.com
Contact: Nils Agnar Brunborg
Jøtul har produsert ovner og peiser av støpejern siden 1853
Det er et ekstremt egnet materiale for produkter som skal tåle høye temperaturer og raske temperaturendringer
Norsk tradisjon og solid håndverk har vært oppskriften til at Jøtuls produkter har blitt det naturlige valget for kunder verden over
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