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.
Šaltinis:
hindustantimes.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders.
more »
AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions.
more »
Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt.
more »
Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA.
more »
Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard.
more »
The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout.
more »
With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis.
more »
Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally.
more »
With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU.
more »
China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
more »