Finance Investors
20:47 21 January 2020
Post by: WBJ

Toshiba to open plant in Poland, pump millions

Toshiba to open plant in Poland, pump millions
Source: Wikipedia

Japan-based multinational conglomerate Toshiba Carrier Corporation – a part of the Toshiba group – will open its first European production plant in Gniezno, western Poland, in 2020, at a cost of over PLN 100 million (over €20m), Polish Investment and Trade Agency (PAIH) has announced on Tuesday.

The tech giant’s decision was announced during a Polish-Japanese investment meeting in the Japanese capital Tokyo.

Poland has been an attractive partner for Japanese business for decades, PAIH stated. Over 300 companies with Japanese capital already operate in the European nation, employing approx. 40,000 employees. They mainly represent industries such as machinery, automotive, food, electromobility, and the modern business services sector.

The statement comes as Polish Prime Minister Mateusz Morawiecki continues his visit to Tokyo to meet Japanese PM Shinzo Abe, the imperial couple, businesspeople and the Polish diaspora.

Morawiecki seeks to strengthen Poland’s economic cooperation with Japan, one of the biggest Asian investors present in Poland.

(ISBnews)

poland
mateusz morawiecki
paih
japan
toshiba

lifestyle

LifeStyle
6 days ago

Marcelina Zawadzka: Online Shopping Is a Lifesaver for Young Parents

LifeStyle
1 month ago

Doda Promises Emotions and Surprises at Polsat Hit Festival in Sopot

LifeStyle
2 months ago

New Culinary Concept Opens in Warsaw’s Kamionek District

LifeStyle
2 months ago

Mercedes-Benz Unveils Sleek New CLA with Electric Power and AI Tech

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
5 years ago

25th jubilee edition of Book of Lists – project start