Business Technology
13:09 14 September 2024
Post by: WBJ

EC Approves Polish Public Aid for $4.6 bn Intel Investment

EC Approves Polish Public Aid for $4.6 bn Intel Investment
Source: Photo by Nick Knupffer on Flickr

The European Commission has approved Polish government plans to grant over €1.7 billion in financial aid for a €4.15 billion Intel semiconductor plant. 

Poland’s Digital Affairs Minister, Krzysztof Gawkowski, said on Friday that Warsaw had received word from Brussels that it would be permitted to grant the aid.

Intel's production and testing facility in southeastern Poland will be one of the country’s biggest-ever foreign investment deals and is expected to create around 2,000 jobs.

(TVP

ec
krzysztof gawkowski
intel
public funding

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