Toyota Motor Corporation gearing up production at its Walbrzych plant

This Friday, the Toyota Motor Corporation's Walbrzych production plant will be officially opened in the presence of senior company and government representatives. The Walbrzych plant will not make only gear boxes, but also complete engines for a new model, which is to be jointly produced from 2005 in Kolin in the Czech Republic by Toyota, Peugeot and Citroen. At the moment, the Walbrzych plant's output is 250,000 gear boxes for Toyota's European plants based in France, Turkey and the UK. But in three years time output will be increased to 550,000 gear boxes and 250,000 petrol engines a year. Thanks to new developments, employment at the factory will increase from the current 300 workers to 1,000 and capital investments will increase from the current euro 100 million to euro 400 million. (Prawo i Gospodarka, p. 7) M.T.