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January 06, 2005 12:00 AM

Two tyre makers look to Poland for investments

ERJ Staff
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    Warsaw--Two tyre makers are studying whether Poland is the right place for investments, according to the Polish News Bulletin (PNB). In North-eastern Poland, Michelin is close to a decision on the location of a distribution and logistics centre employing 500. PNB says the Polish authorities have extended a special economic zone to include Michelin's proposed site, but Michelin still is looking at alternative locations, notably Hungary.

    In a separate story, PNB says Korean tyre maker Hankook is looking for locations for a tyre manufacturing factory in the Central European region. The alternatives are Poland, Hungary and the Czech Republic. Wroclaw and Gorzow Wielkopolski have been mentioned as possible short-list sites for the investment. PNB suggests the plant might represent as much as €700 million in investments and bring 2000 jobs. It says Hankook expects to issue a shortlist of locations before the end of January


    This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.

    Polish News Bulletin (Poland) story on Michelin Olsztyn (may require subscription to FT.com)

    Polish News Bulletin (Poland) story on Hankook (may require subscription to FT.com)

    Website of Polish News Bulletin

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