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Stock Report
NRF expands production capacity with new factory of 11900m2 in Poland
Posted On : 2025-04-02 12:10:09( TIMEZONE : IST )
NRF, a global leader in cooling systems for the rail, marine, industrial, and automotive market, is excited to announce the opening of a new production facility in Panattoni Park Gdansk West II, Poland. This strategic expansion is driven by NRF's commitment to meeting growing customer demand and enhancing production efficiency.
The new facility, located at ul. Magazynowa 40, 80-180 Jankowo Gdanskie, spans a total of 11900 m2. It includes an aluminium production factory, office space, and additional space for warehouse operations and future projects. This investment underscores NRF's long-term vision of continuous innovation and sustainable growth in the rail and industrial cooling systems sector.
With NRF Thermal Engineering experiencing rapid growth, this new factory will allow the company to keep pace with increasing client demand while further improving service efficiency. The expansion also provides a more comfortable and modern work environment for employees and integrates new investment to enhance product quality, streamline production times, and optimize service delivery.
Sustainability is a key pillar in NRF. That is why the facility is designed with environmental responsibility in mind, featuring solar panels installed on the roof to reduce its carbon footprint and enhance energy efficiency.
The new factory is scheduled to begin operations at the end of February 2026. NRF is committed to minimize disruptions during the transition period taking place by second half of January 2026, also ensuring a smooth and efficient ramp-up period.
This expansion marks another milestone in NRF's growth, reinforcing the company's position as an industry leader dedicated to innovation, quality, and sustainability.
Shares of Banco Products (I) Limited was last trading in BSE at Rs. 344.45 as compared to the previous close of Rs. 344.80. The total number of shares traded during the day was 6822 in over 441 trades.
The stock hit an intraday high of Rs. 348.20 and intraday low of 340.10. The net turnover during the day was Rs. 2351286.00.
