New investment of Electrolux in Świdnica Electrolux Poland was granted a new business activity permission to invest in the Wałbrzych Special Economic Zone. The company will start production of a new, compact kitchen oven. The project will be realised in the Świdnica sub zone of the Wałbrzych Special Economic Zone. The new investment, expected to be…
Faurecia Gorzów and its innovative products in the Kostrzyn-Słubice SEZ The company has been present in Gorzów Wielkopolski since 2002 and is now developing a new investment project. Faurecia Gorzów wants to construct a new facility in which the company will install modern machines for the production of innovative products - door panels and other door elements for the new…
Auto Galeria expands its operations in the Kostrzyn-Słubice SEZ On March 18th, 2011 Auto Galeria was granted its second business activity permission to operate in the SEZ. The company, which has been operating in the SEZ since 2005, now plans to expand its operations and invest in a new production floor and a warehouse. Thanks to the investment, the…
Tender to secure nuclear contract An international tender will be announced this July for a company that can supply technical expertise for the construction of Poland's first nuclear power plant. The tender, worth 40 billion zloty, is set to be declared by PGE, the largest electricity group in Poland, which has been allotted responsibility for…
Penta Fund Plans Big Investments in Polish Utility Sector Private equity fund Penta Investments filed an offer for Warsaw-based heat distributor SPEC and eyes investment in Polish assets of Vattenfall, Penta investment director Jozef Janov told the Polish news agency PAP. "We filed an offer for SPEC," Janov said. "We hope this offer will be accompanied by the sale…
Husqvarna Opens Its First Polish Plant Swedish lawn mower maker Husqvarna opened yesterday its 25 million euros plant in a Special Economic Zone in the southern Polish town of Mielec yesterday. The plant will produce 1,000 machines daily. Next year it will raise the number of employees to 250 full-time staff. Husqvarna plans to relocate part…
Monetary Policy Council Raises All Interest Rates By 25 Base Points Poland's central bank on Tuesday raised its interest rate for the second time this year to address select price threats, including a spike in inflation expectations. The Monetary Policy Council (RPR) decided to increase the reference rate by bps to an even 4 percent. The decision was in line with…