Poland beats rivals to win Delphi R&D investment

"We will employ 264 engineers who will work on, among others things, a suspension systems for cars manufactured by PSA, Ford, BMW, DaimlerChrysler, Opel, Volkswagen and Renault," said Marek Adamiak, president of Delphi in Poland. The value of the investment stands at z³.5 million, while the investor will receive a subsidy amounting to z³.1 million. "Receiving support from the state was a condition for carrying out the investment," explained the president. The Economy Ministry stressed that state budget will profit from the project anyway. "Over two years the investment will produce central and local budget revenues of z³.4.8 million," said Marcin Kaszuba, deputy economy minister. This type of investment is very important issue for Poland, as it will contribute to transferring necessary know-how. (Puls Biznesu, pp. 1, 6) M.M.