Finance Investors
22:16 24 June 2020
Post by: WBJ

Google to invest $2bn in Poland: daily

Google to invest $2bn in Poland: daily
Representative image. Source: pexels.com

Google will invest as much as $2 billion in a data center in Poland to deal with cloud services, the Polish-language Puls Biznesu newspaper has stated.

News of the investment follows an announcement by Microsoft in May that it will invest $1 billion in a Polish data center, as the largest economy in the European Union’s eastern wing tries to position itself as a regional technology hub.

“Region Google Cloud in Warsaw is the biggest investment in the infrastructure of this type in Poland,” the paper quoted Magdalena Dziewguc, Google Cloud’s business development director in Poland and Central and Eastern Europe, as saying. “We are getting ready for it to be operational at the beginning of 2021.”

Jadwiga Emilewicz, Poland’s deputy prime minister, told the paper she estimated Google could invest $1.5 billion to $2 billion in the project.

(Reuters)

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