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The Warsaw Voice » Business » November 29, 2012
Business & Economy
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In Brief
November 29, 2012   
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Japanese Invest
Nearly 300 Japanese companies have invested in Poland so far, creating about 40,000 jobs, according to Yasuhiro Oishi, head of the Shokokai association of Japanese employers. He said that Poland is the sixth most attractive country to invest in the European Union. The Polish Information and Foreign Investment Agency (PAIiIZ) estimates that Japanese investment in Poland has come to around $1.5 billion to date.

EIB Loan for Enea
The European Investment Bank will grant Polish energy company Enea a zl.950 million loan for 15 years to finance the modernization and expansion of power grids in northwestern Poland.

Few Savers
Only 8 percent of Polish people say they save regularly, according to a survey by TNS Polska. A year ago, the figure was 7 percent. More than half (56 percent) say they spend all their money to meet their day-to-day needs. Thirty-four percent say they manage to save something once in a while.

New UTC Plant in Aviation Valley
American company Aerospace Technology, part of United Technologies Corp., has launched a new, $70 million plant in Poland, in Tajęcin near Rzeszów in an area known as Aviation Valley. The plant manufactures undercarriages and other components for aircraft, including the F-16 jet. The plant has a workforce of 100; in the near future the number of employees is expected to rise to 250. In all, UTC has 10,000 workers in Poland.

More Wind Power
The total capacity of wind power turbines installed across the European Union has exceeded 100 GW, according to the European Wind Energy Association (EWEA). This corresponds to the capacity of 62 coal-fired plants, 52 gas-fired plants or 39 nuclear power plants, the association says.
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