TB Polska invests DEM 20m in Raciborz logistics base

German company TB Polska, part of the international Tibbet&Britten group, will spend at least DEM 20 million on constructing a warehousing - logistics base in Raciborz, planned for October of this year. The six month negotiation process with the Raciborz authorities has finally resulted in several tax concessions for the investor, which will be granted exemption from real estate tax, upon application. In addition, if TB Polska establishes its headquarters in Raciborz, the period of real estate tax dispensation will be prolonged by a further six months, and if the company employs more than 110 citizens of Raciborz, a further half a year. (Prawo i Gospodarka, p. 4) K.K.