Government willing to prop up Finnforest investment

Finish based concern Finnforest intends to invest over EUR100 million in the słubicko-kostrzyńska special economic zone (SSE), said Economy and Labor Deputy Minister Andrzej Szejna. Finnforest is the largest company in Europe operating in the wood processing sector. "The Polish government is willing to prop up this investment with all possible means. We are treating this project with priority and 70% of production will be exported" said Szejna. He also added, that both the government and the investor realize what the financial circumstances are. "We are able to support the investment as much as our budget allows. Support may include an income tax exemption or the so called investment grant. The decision must be taken by the investor who must evaluate whether the terms we are offering are satisfactory or not" said Szejna. (Parkiet, p. 1) A.Z.