One step closer to oil giant launching Kraków R&D center

"Last week, the agreement concerning state aid and investment conditions was signed with Shell," said Sebastian Mikosz, deputy president of the Polish Information and Foreign Investment Agency (PAIiIZ). "This is an important step towards the launch of the investment. We are only waiting for the decision of the government concerning this issue," said Alfred Kubczak, spokesman of Shell Polska. According to Puls Biznesu, the company will create at least 450 new jobs, while investment outlays will be as much as $10 million. The amount of state aid remains confidential. The signed contract is one of many that are currently being negotiated by PAIiIZ and despite the fact that the agency is operating without its CEO and deputy president, the work is being carried out in the normal way. (Puls Biznesu, p. 7) M.M.