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Ernst Leopold will invest CZK 450m in five years

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Blansko-based foundry Ernst Leopold, which is currently in insolvency proceedings with approved reorganisation, is going through a restructuring process. The company focuses on investments in the stabilisation and a growth in the efficiency in 2016. The company plans to start investments in the modernisation of its production capacities, energy, safety, and innovations in 2017. It will likely invest at least CZK 450m in next five years, ČIANEWS was told by company executive Zdeněk Tužička. According to his words, the company will likely generate revenues totalling EUR 15m in 2016.


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