Counting the cost in making a profit

Bunge Limited, a global food, commodity and agribusiness company, recently launched the Bunge Mathematical Institute in Warsaw.

Initially, a dozen Polish IT and math students and graduates will find jobs that will help Bunge make its activities on all markets more efficient, using advanced quantity techniques.

"Poland, due to its leading position in the math and science world, is an ideal place for BMI," said the finance director of Bunge Limited, William Wells.

The BMI team will be headed by Professor Michał Kleiber, a former Minister of Science and Information Society, who has become BMI's president.

"We apply the newest quantity theories in order to solve complex business problems in agribusiness. This is a great challenge and a big chance for the whole team," said Professor Kleiber.

BMI claims that launching the institute is a significant event for the future of Polish mathematics and science, especially in light of the outflow of young scientists to other countries.

"It is extremely important for us to take care of our best young mathematicians and other scientists and create opportunities for them developing their talents here in Poland," said the Deputy Minister at the Ministry of Science and Higher Education, Krzysztof Kurzydłowki.

"We are convinced that BMI will show the investment in research might bring significant economic advantages for Poland and for companies such as Bunge, which operate here and in other countries," said Wells.