Thomas Lehmann, the CEO of Libet, a Polish leader in the paving stone market, has said that in the next few years the company plans to take over three or four factories in areas of the country where it does not currently have a presence.
A new element of Libet's strategy is also investing in gravel production, this being a major raw material for the company, which aims to buy its first pit before the end of 2014, expecting to spend around PLN 100mn (€23.87 million) in all on factories and gravel pits in
Thomas Lehmann, the CEO of Libet, a Polish leader in the paving stone market, has said that in the next few years the company plans to take over three or four factories in areas of the country where it does not currently have a presence.
A new element of Libet's strategy is also investing in gravel production, this being a major raw material for the company, which aims to buy its first pit before the end of 2014, expecting to spend around PLN 100mn (€23.87 million) in all on factories and gravel pits in the period up to 2019.
In terms of the whole paving stone market, Lehman predicts that from 2015 it will grow steadily at a rate of 3% or 4% each year, with prices of building materials keeping pace.
