LG Electronics Wrocław

Type
Business expansion
Country
Poland
Region
Makroregion południowo-zachodni; Dolnośląskie; Wrocławski
Location of affected unit(s)
Kobierzyce
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
910 jobs
Number of planned job creations
Job creation
Announcement Date
27 December 2005
Employment effect (start)
Foreseen end date

Description

The Polish Council of Ministers took a resolution on financial support of investment carried by LG Electronics Wrocław in Kobierzyce. The plant will produce LG's Tromm brand washing machines, system air conditioners and two-door refrigerators, which are nowadays experiencing a high demand in Europe. The investment value amounts to almost 250 million PLN and it will create 910 new jobs.

In an announcement of September 2005, the creation of 3220 jobs was expected.

Sources

  • 27 December 2005: The Chancellery of the Prime Minister
  • 6 September 2005: The Chancellery of the Prime Minister
  • www.kprm.gov.pl

Citation

Eurofound (2005), LG Electronics Wrocław, Business expansion in Poland, factsheet number 62697, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62697.