Bridgestone invests in new production plant

The investor, who already owns a manufacturing facility in Poznan, unofficially said it will invest between EUR 200-300 million, which will lead to the creation of around 800 new work places. An additional 800 new jobs will be created among the corporation's local suppliers. According to sector analysts the demand for tyres is to grow by around 4% annually over the next few years. Bridgestone took over domestic competitor Stomil Poznan in 1999, and currently employs 1,290 people. The project, which was supervised by the Polish Information and Foreign Investment agency (PAIIZ), will be the largest of its kind in the region after World War II. The new investment will become a part of the Kostrzynsko-Slubicka Special Economic Zone. (Puls Biznesu, pp. 1, 4) A.K.