Mercedes to build €800 mln factory in Poland - Rzeczpospolita

Germany's car manufacturer Daimler AG has decided to open an €800 million Mercedes Benz Manufacturing (MBM) engine factory near Jawor, Poland, according to unofficial information from Polish daily Rzeczpospolita. In the beginning of March, Markus Schaeffer, the president of MBM informed that the company is on the lookout for a location for its new plant. Poland was named among one of a few possible sites, with its logistics and well-qualified labor considered as advantages. Asked about the investment, Prime Minister Beata Szydło told a news conference on Monday: "We are in talks with various investors, we endeavor to create work places, particularly in regions where there's high unemployment. At the moment I can say that there are talks underway with various entities." The new plant will bring 1,500 workplaces. The company also considered three other CEE locations: Hungary, Romania and Slovakia, according to the newspaper.