EC to confirm public aid for LG Philip's investment
The value of the investments of LG Philip's is to amount to EUR 430 million and the investments of the whole group of companies will total EUR 850 million. "Thirteen thousand people will find a job there," stated Piotr Pelka from the Office for Competition and Consumer Protection. The Koreans would not have invested in Poland if not for the tax reductions and subsidies promised by the government and local authorities. (Rzeczpospolita, pp. A1, B10) E.B.