Lufthansa Group to open accounting center in Kraków

The Lufthansa Group has announced plans to open a European Airline Accounting Center (AAC) in Kraków. AAC, which was formed in February this year, will begin operations on April 1. The company will be responsible for 45% of financial accounting and 90% of sales accounting for all Lufthansa representative offices as well as other companies belonging to the Group operating in Europe, with the exception of Germany. Initially the company will employ 35 local employees. Kraków was chosen from a shortlist of 36 cities in 12 countries. The main reasons for choosing the southern city was a remarkable human resources base and relatively low labor costs. The company did not reveal the investment costs or the value of savings it hopes to record by combining its accounting offices, which are currently spread across Europe. (Rzeczpospolita, p. B3) A.K.