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Pullach, Germany, Dec 17, 2007 - (Hugin via ABN Newswire) - IFCO SYSTEMS today announced that it has further expanded its international network by opening a new office in Poland. Poland is the largest economy in Central Eastern Europe with a fast growing retail market and an annual fruit & vegetable production of more than 8 million tonnes.
The Polish market provides excellent growth opportunities for IFCO SYSTEMS' RPC rental business and is a good base to develop new business in other key potential markets in Central Eastern Europe.
Karl Pohler, CEO of IFCO SYSTEMS: "With the opening of our new office in Poland, IFCO SYSTEMS is setting the foundation to take advantage of the growth opportunities in Central Eastern Europe."
IFCO SYSTEMS is an international logistics service provider with more than 180 locations worldwide. IFCO SYSTEMS operates a pool of more than 83 million Reusable Plastic Containers (RPCs) globally, which are used primarily to transport fresh produce from producers to leading grocery retailers.
In the United States, IFCO SYSTEMS also provides a national network of pallet management services. With more than 100 million sorted, repaired and reissued wooden pallets annually, IFCO SYSTEMS is the market leader in this industry. In 2006, IFCO SYSTEMS generated revenues of US $647 million.
WKN: 157670; ISIN: NL0000268456 ; Index: CLASSIC All Share, Prime All Share; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Börse Düsseldorf, Prime Standard in Frankfurter Wertpapierbörse;
