Zoning in on investment
The cost of the three major ventures together will total zł.120 million. By the end of 2004, this largest economic zone in Poland will have attracted 12 new investors who promise to invest about zł.700 million and create more than 1,000 new jobs.
Francisco Ros Casares, the Spanish leader in the steelworks industry, Techno Morando Polska and Bitron Poland, Italian capital-based companies, and Plastal-representing Italian and Swedish capital-all count themselves among those already lining up.
Its first such investment abroad, the Spanish group owned by Francisco Ros Casares will invest over zł.40 million in Gliwice, creating 150 jobs.
Techno Merando Polska will venture its second investment in the zone, this time in the area of Jastrzebie and Zory. By injecting zł.19 million into the zone and creating 70 work places, the company wants to produce technological pipes for the automotive industry.
Bitron Poland has plans to manufacture elements for vehicles and household products in Sosnowiec, whereas Brembo, also an Italian group, will spend EUR40 million in order to start a cast iron foundry in the area of Sosnowiec and Dabrowa Gornicza.
American giants were also attracted to the Katowice zone. Eaton Corporation, who will build a factory in Bielsko-Biala at the cost of zł.250 million, will pump in the most. The company expects to employ 300 workers to manufacture car engine elements. Electrolux, in turn, will expand its factory in Siewierz.
The 1,100-hectare special Economic Zone in Katowice came about 1996. Since then, investors have so far invested zł.6.4 billion and offered 17,100 jobs. Sixty-three companies operating in the zone have already started production. (PAP, A.B. )
Francisco Ros Casares, the Spanish leader in the steelworks industry, Techno Morando Polska and Bitron Poland, Italian capital-based companies, and Plastal-representing Italian and Swedish capital-all count themselves among those already lining up.
Its first such investment abroad, the Spanish group owned by Francisco Ros Casares will invest over zł.40 million in Gliwice, creating 150 jobs.
Techno Merando Polska will venture its second investment in the zone, this time in the area of Jastrzebie and Zory. By injecting zł.19 million into the zone and creating 70 work places, the company wants to produce technological pipes for the automotive industry.
Bitron Poland has plans to manufacture elements for vehicles and household products in Sosnowiec, whereas Brembo, also an Italian group, will spend EUR40 million in order to start a cast iron foundry in the area of Sosnowiec and Dabrowa Gornicza.
American giants were also attracted to the Katowice zone. Eaton Corporation, who will build a factory in Bielsko-Biala at the cost of zł.250 million, will pump in the most. The company expects to employ 300 workers to manufacture car engine elements. Electrolux, in turn, will expand its factory in Siewierz.
The 1,100-hectare special Economic Zone in Katowice came about 1996. Since then, investors have so far invested zł.6.4 billion and offered 17,100 jobs. Sixty-three companies operating in the zone have already started production. (PAP, A.B. )