New U.S. auto investor to enter KSSE next week

The management of the Katowice Special Economic Zone (KSSE) are currently in negotiations with a potential US-based automobile sector investor. However, the content of the talks are still confidential, and representatives of the Zone do not want to reveal any information. At the beginning of next week it is said that the investor will be officially announced and at the same time he is likely to sign a contract. According to unofficial information, the company specializes in the production of car components and gear boxes. Speculation chiefly point at GM Powertrain or DANA. One thing is sure, the value of the planned investment stands at between EUR 40-50 million. The current largest American investor specializing in car components is Delphi, which up to the end of 2003 spent $345 million, on among others, a production plant in Tychy in the KSSE. (Puls Biznesu, p. 5) A.K.