Bosch-Samsung venture looks for investment site
Their planned investment within the next five years will amount to $300-400 million, and the planned factory may be located in Łódź.
"Two weeks ago we had a signal that something might be going on. Bosch and Samsung need a decent location in Europe. For the time being talks were very general and concerned development opportunities of Bosch, which is planning something with a partner," said a person close to negotiations held in Łódź.
Representatives of Bosch and the Łódź Special Economic Zone refused to comment on the rumor. Lithium-ion batteries will be developed in South Korea, while marketing and sales will be located in Germany.
According to Bosch and Samsung estimates, hybrid engines will be used in three million vehicles. "Lithium-ion technology will not pose a serious threat to acid-lead batteries for the next 5-10 years," said Jarosław Nadstazik of Exide, which is the local market leader in Poland.
Source: Puls Biznesu (M.M.)
"Two weeks ago we had a signal that something might be going on. Bosch and Samsung need a decent location in Europe. For the time being talks were very general and concerned development opportunities of Bosch, which is planning something with a partner," said a person close to negotiations held in Łódź.
Representatives of Bosch and the Łódź Special Economic Zone refused to comment on the rumor. Lithium-ion batteries will be developed in South Korea, while marketing and sales will be located in Germany.
According to Bosch and Samsung estimates, hybrid engines will be used in three million vehicles. "Lithium-ion technology will not pose a serious threat to acid-lead batteries for the next 5-10 years," said Jarosław Nadstazik of Exide, which is the local market leader in Poland.
Source: Puls Biznesu (M.M.)
