Krakow Plaza to spend zl. 200 million on Plaza Centers

Plaza Centers Poland subsidiary Krakow Plaza (KP) has bought a plot in Czestochowa and won a tender for the purchase of another plot in Sosnowiec, both of which the company intends to develop as Plaza Centers shopping-entertainment complexes. The combined investment will total $50 million (over zl. 200 million) and will create 800-1,000 jobs. The two complexes will be furnished with eight- or ten- screen cinemas, bowling alleys, billiard rooms, cafes, restaurants and shopping galleries. The company has not decided when construction will begin. KP management has also announced it will construct 44 such complexes by the end of 2005. (Puls Biznesu, p.10) A.Z.