Mazur Look International cleared to build factory in SSE

The Economy Ministry has cleared Mazur Look International, a member of the Schoeder Group, to build a furniture factory in Warminsko-Mazurska Special Economic Zone (SSE). The investment is estimated at zl. 12.5 million and construction would commence as soon as the SSE authorities grant Mazur Look building permits. According to the company administration manager Witold Fotek, if work on the building starts this year, the company will produce its first pieces of furniture as early as the first half of 2001. The company has been granted tax incentives for 20 years for being the first to invest in a region of high unemployment [30%]. The new plant will initially employ 50 but that would gradually increase to 250. It will have an output of 60,000 units per day exclusively for export to Germany. (Rzeczpospolita, page B2) S.M.