P&G to base its Olay creams factory in ŁSEZ

The company declared it would invest zł.157 million in the plant by 2012. Construction is to begin this year. "We have started procedures to obtain the necessary permits and I hope we will begin construction in October," revealed Jacek Dzierwa, the P&G general director in Poland. "We will create 300 jobs, out of which 210 will be at Procter & Gamble and the rest in companies closely working with us," he added. The factory will be located within the Łódź Special Economic Zone (ŁSEZ) and will produce Olay creams. (Rzeczpospolita, p. B5; Gazeta Wyborcza, p. 26; Dziennik, The Wall Street Journal supplement, p. 6) E.B.