Elcoteq investing zl.98 mln. in Wroclaw parts factory

Elcoteq, a Finnish provider of sub-components for telecom manufactures, has announced plans to build a factory in the Wroclaw Technological Park (WPT) at a cost of zl.98 million. The electronic parts factory will begin by employing 400 to 500 workers in the third quarter of next year, later increasing personnel to as many as 1000. The company is also considering constructing new buildings and expanding its production after a few years, a pattern it has followed in several other countries. Poland will play an important role in the company's plans according to Elcoteq managers. The company initially made its proposal in July, but had to wait until now for approval because of the conflict between the Agricultural Property Agency of the State Treasury, the owner of WPT land, and the city council. Elcoteq is a worldwide corporation, with factories in 12 countries and 11,000 employees. Its core operation is production of mobile phone parts for Ericsson and Nokia. (Puls Biznesu, p.9) M.K.