Will Hyundai follow NGK into the Katowice SEZ?

By the end of the month, Japanese NGK Ceramics is to start the construction of its diesel engine production plant in the Katowice Special Economic Zone (SEZ). The initial investment will be zł. 88 million. The plant will employ 150. "Production will be based on the latest technologies. NGK Ceramics is owned by world sector leader NGK Insulators Ltd," announced Justyna Romańczyk from the Katowice SEZ. The zone management hopes that the plant will stimulate further interest from other Far-Eastern companies. According to unofficial information, SEZ officials are in talks with Korean Hyundai about investing in the area. However the competition is hot, as Hyundai is also considering investing in Hungary or Slovakia. (Rzeczpospolita, p. B3) A.K.