Second factory unit leased
December 1st 2007 HiLo-PSS Group's
investment in the
development of its four
hectare Rasnov Industrial
Park in Brasov, Romania, is
bearing fruit with the
company announcing it has
leased a second factory unit
to Picanol SA.
Once the sale of the
Rasnov Industrial Park is
completed, HiLo-PSS will
lease back its 12,000m2
factory. Over the past two
years it has invested €12
million. Now fully functional,
it is supplying storage
systems to both the UK and
South East European
markets. Comprising of
Gasparini rolling mills,
slitting and cold rolling
facility, paint plant and
accessory production plant,
the state-of-the-art facility is
hoped to consolidate HiLo-
PSS Group's position in
racking and shelving
manufacture in Europe.
"Thanks to the support of
our Romanian and British
banks, customers, suppliers
and staff we are looking
forward to an exciting and
prosperous future," says
James Delap, CE. More articles from HiLo-PSS Group: | 
