9/19/2005

Optimism high as Poland regains investment lustre

Poland is regaining its reputation as the most attractive location for foreign investors in central Europe, after being trumped for several years by more aggressive rivals such as Slovakia.

In the last month Poland beat the Czech Republic to win a €430m ($528m, £290m) flat screen factory from LG Philips LCD, the Korean-Dutch joint venture. Symbolically the factory will be located in Kobierzyce, in south-west Poland, which had been expecting a car plant from South Korea's Kia before losing out to Slovakia last year.

(Source: FT)

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