In June, we signed a letter of intent authorising us to commence work worth over PLN 15 million on the construction of the LG – Philips factory in Biskupice Podgórne, near Wrocław, in the municipality of Kobierzyce. We will carry out the high-voltage and telecommunications installations there at record speed.
The LG Philips factory is currently the largest investment in Poland. Its value is €429 million. The total value of all investments in the municipality of Kobierzyce is €800 million, as subcontractors will also be building their factories alongside LG Philips. The following figures illustrate the scale of these investments:
- Total area of all plots - 2,574 ha
, including the LG Philips plot - 660 ha-
Estimated number of employees across all factories - 12,000 people
Elektromontaż Poznań will carry out the following works here, amongst others: high-voltage and low-voltage electrical installations, including power, lighting and lightning protection systems, a fire alarm system, a public address system, telephone and computer installations, as well as a television system and a hotel management system.
We plan to complete work on the Korean group’s new investment in February 2007