Korea's LG Electronics is considering investing up to $110 million in its Polish television factory, daily Gazeta Wyborcza reported on Saturday
Published:
9 December 2004 y., Thursday
Korea's LG Electronics is considering investing up to $110 million in its Polish television factory, daily Gazeta Wyborcza reported on Saturday.
It quoted LG Electronics Europe chief Jong Eun Kim as saying that the investment could take place in two stages, allowing the factory in the central Polish city of Mlawa to begin producing modern plasma and LCD technology televisions in 2006.
The factory now produces traditional picture tube televisions and employs 1,500 people. The daily said the investment could double employment at the Mlawa plant.
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