Chinese company to invest in Poland: report
PR dla Zagranicy
Paweł Kononczuk
29.05.2017 15:55
LiuGong Dressta Machinery, a Chinese producer of construction equipment, wants to open its European HQ in Warsaw and modernize its factory in Stalowa Wola, south-eastern Poland, the Puls Biznesu daily has reported.
Photo: Pixabay/Skitterphoto
The paper quotes LiuGong’s vice president, Hou Yubo, as saying that Poland is a perfect place for business, as it is part of the “New Silk Road”, has a stable, high GDP growth rate, and skilled workers.
According to the paper, LiuGong has already invested some PLN 320 million (EUR 76 million) in Poland.
The company has a production hall in Stalowa Wola, employing some 1,200 people, but LiuGong now wants to modernize it and move its logistics centre from the Netherlands to the Polish city, the daily said.
“Poland’s efforts to tighten trade relations with China are finally paying off,” an expert quoted by the daily said.
(tf/pk)
Source: Puls Biznesu