Mercedes to open €500 mln factory in Poland

Germany's car manufacturer Daimler AG has decided to build a €500 million Mercedes Benz engine factory in Jawor, Poland,  the company announced on Wednesday. "The decision to locate the factory here shows Poland's openness to foreign investments...I am certain that the investment will strengthen Polish-German relations," said deputy Prime Minister Mateusz Morawiecki. The new plant is set to be completed in 2019 and will bring several hundred workplaces. Daimler will produce four-cylinder gasoline and diesel engines for Mercedes-Benz passenger cars. “The planned establishment of a new engine plant in Poland is a further step in our global growth strategy. Capacity expansion in Eastern Europe reflects the increasingly international orientation of our powertrain production compound. This will lead to more flexibility and efficiency in our worldwide production network,” The Financial Times quoted Markus Schäfer, Member of the Divisional Board Mercedes-Benz Cars, Production and Supply Chain Management.