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The Warsaw Voice » Business » September 17, 2018
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Multinational company plans second plant in Poland
September 17, 2018   
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Multinational materials technology company Umicore based in Brussels will invest PLN 1.38 billion in a plant producing cathodes for lithium-ion batteries, to be based in the Polish town of Nysa, Ministry of Business and Technology said in a press release.
The production is supposed to start towards the end of 2020. The company plans to employ over 400 people at the plant, according to the release.
As part of the investment, a research and development center is also to be built on the site.
"We particularly care for such investments," Minister of Business and Technology Jadwiga Emilewicz said during the official announcement of the investment, while arguing that the Umicore initiative proves that the government's efforts to attract advanced technologies to the Polish business landscape are bringing the desired results.
Lithium-ion batteries are used in the automotive industry, among others.
Umicore already operates a production plant for emission control catalysts in Nowa Ruda near Wroclaw, launched in 2016. That facility employs 80 people.
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