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Government awards aid for seven foreign investment projects


2011-10-07



The government’s interdepartmental panel on state aid on 4 October approved grants for seven investment projects by foreign companies, including five business process outsourcing (BPO) centres and two manufacturing projects, Puls Biznesu has learnt. The projects are worth a total of PLN 800m (approx. €183m) and are expected to create up to 2,600 jobs.

Thus, State Street, the US financial services group, will add 600 new jobs at its financial centre in Krakow, taking the total to 1,400; Capita, a leading BPO firm in the United Kingdom, has been awarded state aid towards the cost of opening a shared service centre in Krakow, which will employ 500 people; Metro AG, the German cash and carry and retail group, will open a finance and accounting centre in Szczecin, with a staff of 250; Microsoft will add 50 jobs at its 100-strong R&D operation in Wroclaw; and Nokia Siemens Network will expand further its IT centre in Wroclaw.

Also, Ronal, a leading European maker of alloy wheels based in Switzerland, received a grant in support of a PLN 237.5m (€54.2m) manufacturing project in Walbrzych (Dolnoslaskie voivodship) that is to create 350 jobs; and Mando, a Korean auto parts producer, will invest PLN 400m (€91.3m) to build a factory in Walbrzych, which will employ 300 workers.

According to deputy economy minister Rafal Baniak, the panel is set to meet again later this month due to a high number of applications.



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