LG Innotek

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
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
540 jobs
Number of planned job creations
Job creation
Announcement Date
12 May 2006
Employment effect (start)
Foreseen end date

Description

LG Innotek is planning an investment by Kobierzyce (Lower Silesia), in a sub-area of the Tarnobrzeg Special Economic Area, to the tune of USD 66 million – this operation will employ 540 people, and it will produce LCD components as a subcontractor of LG Philips LCD. Both LG Innotek and LG Philips are part of the Korean LG group.

Sources

  • 12 May 2006: Puls Biznesu

Citation

Eurofound (2006), LG Innotek, Business expansion in Poland, factsheet number 63474, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63474.