LG Electronics

Type
Business expansion
Country
Poland
Region
Makroregion południowo-zachodni; Dolnośląskie; Wrocławski
Location of affected unit(s)
Kobierzyce
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
2,600 jobs
Number of planned job creations
Job creation
Announcement Date
25 March 2006
Employment effect (start)
Foreseen end date
31 December 2007

Description

LG Electronics, the South Korean electronics giant, has commenced construction of two factories in Kobierzyce near Wrocław, one to produce television sets and one for the production of refrigerators. Between them, the new plants will hire 1000 people in 2006 and another 1600 in 2007.

The Polish Council of Ministers financially supported the 170 million PLN investment of LG Electronics.

Sources

  • 25 March 2006: Rzeczpospolita
  • 27 December 2005: The Chancellery of the Prime Minister

Citation

Eurofound (2006), LG Electronics, Business expansion in Poland, factsheet number 63232, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63232.