A part of the expenditure for non-financial fixed assets was earmarked for further modernization and current reproduction of fixed tangible assets and for erection of new building structures. The expenditure in the group of buildings and structures amounted to 0.7 million PLN.
In 2016 the equipment to streamline the production and assembly processes was bought for the sum of 3.2 million PLN.
Outlays earmarked for vehicles in 2016 amounted to 2.8 million PLN.
Replacement of hardware and modernisation of IT infrastructure involved spending of 1. million PLN.
The expenses for licences and rights to modern software amounted to 1.1 million PLN.
The expenditure incurred by the parent company in 2016 for implementation of the new integrated IT system to support enterprise management (ERP system) amounted to 0.9 million PLN.
The expenditure incurred by the subsidiary ENERGOTEST sp. z o.o. in 2016 in respect of purchase of software and licences not put to use until 31 December 2016 amounted to 0.2 million PLN.
In 2016 the Group incurred the expenditure of 3.5 million PLN for development work.
The 2016 investments were financed from the funds owned by the Group entities and only a small part of those sources came from selling of some items of non-current assets.
Investment expenditure planned by the Group for the first half of 2017 assume spending of 19.7 million PLN.
The amount will be spent on replacement purchases and also on modernisation of machine fleet, technical equipment and office and production facilities.
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