German entrepreneur mulls more investment in Sri Lanka

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Kramski Lanka’s new factory building now open German entrepreneur Wiestaw Kramski is considering more investments in Sri Lanka, following the successful completion of two decades in operations as well as the company’s latest expansion.

Kramski Lanka Ltd., the BOI-approved premier German business venture in the Katunayake Export Processing Zone, celebrated 20 years of operations in Sri Lanka with the commissioning of a Rs. 300 million production facility.

To date Kramski has invested over $ 13 million in Sri Lanka.

A subsidiary of Kramski GmbH, one of the premier names in the global tools manufacturing sector with headquarters in Piorzheim, Germany, Kramski Lanka was founded in 1993 to produce high precision components for stamping dies and moulds for the European market. Since 1999, Kramski Lanka has been building moulds and running over-moulding production for customers in Europe, North America and Asia.

The company delivers components/spare parts of the highest quality to customers the world over. Among its main exports are plastic over-moulded electrical and electronic components, injection moulds, stamping tools, dies and punches, bushings, golf putters and golf related products. The company also provides quality inspection services for electrical and electronic components and hardening facilities for metal parts.