# Lotte Wedel raises 2019-21 investment plan to PLN 300 million for Warsaw plant expansion

Lotte Wedel increased its 2019-21 investment plan from PLN 200 million to PLN 300 million to expand its Praga factory with new lines and automation, and is seeking acquisitions in Poland and Central-Eastern Europe. The report was dated 2018-12-13.

- Type: Investment
- Announced: 2018-12-13
- Where: Praga, Warsaw, Poland
- Value: $78.0M (300.0M PLN)
- Status: announced
- Products: confectionery

## Companies

- [Lotte Wedel](https://endata.com/companies/4335.md) (investor)

## Sources

- [portalspozywczy.pl](https://www.portalspozywczy.pl/slodycze-przekaski/wiadomosci/wedel-wyda-300-mln-zl-na-inwestycje-szuka-tez-firm-do-przejecia,166047.html), 2018-12-13: "Lotte Wedel zatwierdził plan inwestycyjny na lata 2019-21, powiększając go względem zapowiedzianego kilka miesięcy temu."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.