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  • KPIT Cummins to start operations in Wroclaw, Poland - Investors quide
    locally The team is expected to grow to 500 people over the next few years Company is planning to recruit experienced engineers initially however there are discussions with the local university for curriculum changes and adequate training to meet their specific requirements Commenting on the announcement Sanjay Mandal President KPIT Info systems GmbH said This facility will enable KPIT to service customers in same time zone with multilingual capabilities This

    Original URL path: http://araw.eu/artykuly/41/KPIT-Cummins-to-start-operations-in-Wroclaw-Poland (2016-04-28)
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  • New Fagor Mastercook plant in Poland - Investors quide
    of the five main manufacturers of white goods in Europe has opened a new washing machine plant in Wroclaw On the area of 35 000 sq m 30 000 washing machines in 57 different models will be produced monthly 80 of the production from the new plant will be destined for foreign markets The investment outlays will amount to EUR 31 million About 1000 workers will be employed in the

    Original URL path: http://araw.eu/artykuly/42/New-Fagor-Mastercook-plant-in-Poland (2016-04-28)
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  • New Toshiba Plant in Kobierzyce - Investors quide
    Kobierzyce On the 13th of September Piotr Grzegorz Woźniak Minister of Economy and Mr Toshio Yonezawa Vice President of Toshiba Corporation have signed a letter of intent In Kobierzyce near Wrocław in the Tarnobrzeg Special Economic Zone the Japanese company will build an LCD TV factory By the end of 2010 1006 work places will be created The total investment outlay will amount to about PLN 167 million Production is expected to begin in August 2007 Over 95 of the production will be destined for foreign markets Attractive location 8 km away from Wroclaw and with direct access to A 4 motorway as well as the fact that in the region there already are some other companies of the same electronic sector have positively influenced Toshiba s decision of investing in Kobierzyce Furthermore in Wroclaw the third biggest university centers in Poland the Japanese investor hopes to find new employees Toshiba currently manufactures LCD TV s in Europe Toshiba Information Systems located in Great Britain The Polish company Toshiba Television Central Europe Sp z o o will be an additional production base that will support Toshiba in meeting demand and reinforcing its presence in the European market Toshiba s target

    Original URL path: http://araw.eu/artykuly/43/New-Toshiba-Plant-in-Kobierzyce (2016-04-28)
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  • Fitch Rates Poland's City Of Wroclaw 'BBB+', Outlook Stable - Investors quide
    reflects Fitch s expectations that the city s fundamentals will remain solid and that its budgetary performance will be satisfactory in the medium term The management of the City is efficient The City s authorities have a clear and consistent view of long term development of the City Local development strategy presents integrated programme of simultaneous development of social services higher education local infrastructure and culture together with the creation of positive business environment Wroclaw s budgetary performance has improved substantially since 2003 and is satisfactory In 2003 its operating balance increased tenfold from 2002 due to a reduction of operating expenditure Operating margin rose to 7 6 in 2005 from 0 7 in 2002 In 2005 an operating balance of PLN128 6 million EUR42 1m allowed the city to limit its direct debt In the medium term Wroclaw is focusing on improving its financial ratios and increasing its financial flexibility It has been restructuring its debt resulting in lower interest payments In 2005 Wroclaw repaid PLN251 2m of its debt exceeding the projected PLN187 5m Wroclaw s GDP per capita is 46 4 higher than the national average and is fuelled by services The unemployment has been steadily decreasing

    Original URL path: http://araw.eu/artykuly/44/Fitch-Rates-Poland-s-City-Of-Wroclaw-BBB-Outlook-Stable (2016-04-28)
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  • Toyota invests in Lower Silesia - Investors quide
    Toyota Motor Manufacturing Poland TMMP and will manufacture gearboxes engine parts and other automotive components With the new investment TMPP s production capacity will increase to 720 000 units annually The company will take advantage of last year s rules for regional aid which allows maximum aid at the level of 50 percent of the investment value According to Toyota spokesman Grzegorz Górski The plans for the Polish Toyota plants

    Original URL path: http://araw.eu/artykuly/45/Toyota-invests-in-Lower-Silesia (2016-04-28)
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  • Google opens an Innovation Centre in Wrocław - Investors quide
    and the government of Wroclaw announced plans to open during the next few months an Innovation Centre in Wroclaw Goggle plans to create 200 work places during the next two years The new centre will immediately begin to recruit talented workers particularly those that can speak foreign languages Information about available positions and methods of application can be found the site http www google pl jobs Wojciech Szelagowski Vice president of the Polish Information and Foreign Investment Agency S A PAIiIZ said The investment of Google in Poland is a particular distinction for our country Google sets demanding requirements of its workers The fact that it s opening centres in Wroclaw and Krakow confirms that it s found qualified workforces fulfilling its requirements Which may be a signal for other investors John Herlihy Online Sales and Operations director of Google for Europe commenting on the agreement said We expect that the new Wroclaw centre will allow the continued improvement of services offered by us to our European clients The large numbers of talented personnel combined with the friendly business environment is for us a great encouragement The Wroclaw innovation centre will also be able to use the specialised knowledge and

    Original URL path: http://araw.eu/artykuly/46/Google-opens-an-Innovation-Centre-in-Wroclaw (2016-04-28)
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  • Opening of the LG's Technology Park near Wrocław - Investors quide
    a manufacturing plant which will mainly produce LCD modules and domestic appliances Work will be found there for almost 12 thousand people Up to the end of the year LG Phillips plans to employ 100 people and the remaining companies a further 400 LG s street in Biskupice Podgórne fot Wikipedia After the ceremonial opening of the LG Technology Park before entering the refrigeration plant a tree was planted then the president of LG Phillips and representatives of the local authorities cut a ribbon The Polish plant will be one of our three most important complexes manufacturing LCD monitors in the world emphasised Mr Bon Moo Koo the Director of the concern s supervisory board Near Wrocław there are located the factories of LG Electronics LG Phillips LCD LG Chem LG Innotek and five other supplying sub groups The first four production lines of LCD modules began operating in October of last year this August the fifth production line will come into operation The LG board is counting on reaching a 30 35 share of the European LCD market by 2011 The LG group operates in 120 countries employing 140 thousand people The company has been present in Poland since

    Original URL path: http://araw.eu/artykuly/47/Opening-of-the-LG-s-Technology-Park-near-Wroclaw (2016-04-28)
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  • Wrocław better than Moscow - Investors quide
    the General Forum of the International Exhibitions Bureau BIE was welcomed enthusiastically The BIE Forum took place on June 19th in Paris Wrocław s candidature is supported by the Polish Government there to persuade people to vote for Wrocław were the Minister for Culture Mr Kazimierz Ujazdowski Wrocław s President Mr Rafał Dutkiewicz former Polish President Mr Lech Wałęsa and the singer Miss Urszula Dudziak Support was also given by the President of the Council of Ministers Mr Jarosław Kaczyński and the leader of the European Parliament Mr Hans Gert Pottering As a theme for EXPO 2012 Wrocław chose the phrase Culture for free time for the World s Economies The modern world needs rested people Mr Lech Wałęsa said in Paris Free time is the world s biggest field for business explained the economist Mr Bohdan Jung who thought up the motto Dolny Śląsk s presentation also received acclaim for their multimedia presentation and live satellite connection with the market square in Wrocław where several hundred fiddlers played the melody Brother John A great impact was also made by the visualisation of the EXPO thematic pavilions prepared by Mr Tomasz Bagiński who s been nominated for an Oscar To

    Original URL path: http://araw.eu/artykuly/48/Wroclaw-better-than-Moscow (2016-04-28)
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