8/12/2008

Golf on par with best investments in Poland

Chairman the ITI media group, Jan Wejchert, is planning to invest 60 million euros in the thriving golfing industry, still perceived as elitist in Poland.



The construction of a new golf course, already in progress near the Polish capital, will cost Wejchert between ten to twelve million euros, the daily Rzeczpospolita has discovered.



The ITI Chairman will have to spend an additional 48 to 50 million euros on purchasing the necessary amount of land. The new golf course will be be among the best in Central and Eastern Europe, says the company.



The golf market has been on the increase in Poland, as the number of Polish golf amateurs, currently estimated at 6,000, grows by 20 per cent every year, according to the Polish Golf Association.

“There are currently about 40 golf courses in Poland, including several 18-holes ones. [...] Some of the golf courses in Poland are on par with the world’s best,” Waclaw Laszkiewicz, head of marketing at the Polish branch of PGA told the newspaper.


In September this year, Wejherowo, north Poland will be the venue of the European qualifications for the Golf World Championship with a prize pool of 5.5 million US dollars.
Source: polskieradio.pl

Etykiety: , ,



Flights to Poland

Novea - Business in Poland