Fuji Seal International sets its terms to open packaging factory

Among its more famous clients are Danone. "We will construct the third of our plants in Europe, after the UK and France," claims Akira Wakasugi, an investor relations manager in Fuji Seal International. The company demands not only a plot with full infrastructure, but also that a Special Economic Zone be created in the area of the potential investment, which could become a sub-zone of the Łódź Special Economic Zone. "I assess the chances of carrying out the project at 50%. In order to establish the zone in the area, the Japanese company would have to invest at least EUR 40 million," said a person close to the transaction. Fuji Seal accepts this condition. "In 2005 and 2006 we intend to invest JPY 5 billion [roughly zł.151 million]," announced Akira Wakasugi. (Puls Biznesu, pp. 1, 5) M.M.