Swiss Bioma Agro Ecology to invest in Lodz

Bioma Agro Ecology, a Swiss company dealing with biotechnology and waste disposal, intends to enter the Polish ecology market. The company is negotiating with the local authorities in Lodz, where it plans to construct its registered office as well as an incineration plant. The investment, estimated to be worth zl. 240 million, is to be situated on land belonging to Ustronna Power Plant (Zaklad Energetyki Cieplnej Ustronna). Ustronna's existing workforce should be employed by the new investor. The prospect of future funding from the European Union is assumed to be the reason for the Swiss investor's interest in Polish ecology. The waste disposal market in Poland is valued at an estimated zl. 150 million. The first tender concerning the investment is to be invited at the end of the year. (Puls Biznesu, p. 11) K.Z.