9/27/2006

Japanese investment in Poland hits billion-dollar mark

Japanese companies invested close to a billion dollars in Poland between 1989 and 2005, with more investment inflow expected in the near future, according to a senior Polish government minister. Global Japanese firms such as tyre manufacturer Bridgestone, electronics giants Panasonic, Sharp, Toshiba and car maker Toyota have already set up shop in Poland, a member of the European Union since May 2004.

Most Japanese companies have taken advantage of investment incentives offered by Poland's 14 special economic zones, Deputy Economy Minister Andrzej Kaczmarek said Tuesday in Warsaw.
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