TPV likely to buy TV factory in Zyrardów

The company earlier announced that it will invest zl.400 million in a factory producing monitors in Gorzów Wielkopolski which would open at the turn of 2007 and 2008. Now it seems that TPV may also invest in Zyrardów. "TPV is looking for locations for the construction of an LCD TV factory. Gorzów Wielkopolski and Zyrardów are on the list of the places for which we conducted the feasibility study. At this stage we do not want to inform about the progress of the project," stated Vijo Lee from TPV Technologies. "The company is considering the acquisition of a TV manufacturing plant in Zyrardów which is owned by Chinese TTE. The contract is ready but TPV has not made a decision yet," revealed Stefan Kaminski, the president of the National Economic Chamber of Electronics and Telecommunications. TPV hopes that the takeover of TTE Polska in Zyrardów would allow it to begin production immediately and to train people for the factory they are going to construct in Gorzów. (Puls Biznesu, p. 6) E.B.