Euroglas to invest millions in state of the art glass factory

German-Swiss Euroglas Polska will spend zł.723 million on a glass mill in the Łódź Special Economic Zone. "This is the largest investment in the Łódź SEZ. The firm plans [...] to employ 275 persons. Glass mill sounds nice, but this company uses very advanced technology. Additionally, these are good jobs, as such plants cannot be moved easily. The firm will operate at least as long as the furnace will last, that is 15-30 years," said Marek Cieślak, president of ŁSEZ.

The negotiations lasted over a year and the investor considered a number of locations throughout Europe, but it had strict requirements, such as 50 ha plot, flat land, railway sidings and clean air. Its final decision was swung by planned local government investments in infrastructure.

The Zone is currently preparing another seven permits, in which prospective companies will oblige to invest zł.250 million.

Source: Puls Biznesu