Fiat Powertrain Technologies

Type
Business expansion
Country
Poland
Region
Makroregion południowy; Śląskie; Bielski
Location of affected unit(s)
Bielsko-Biała
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
400 jobs
Number of planned job creations
Job creation
Announcement Date
22 December 2009
Employment effect (start)
Foreseen end date

Description

Benefiting from a long-term public aid programme, Fiat Powertrain Technologies Poland will create 400 jobs in Bielsko Biała. The Council of Ministers has announced to grant the company financial assistance and a corporate income tax reduction. Fiat Powertrain will use the public funds to launch the production of small gasoline engines.

Sources

  • 22 December 2009: Wirtualny Nowy Przemysł Webside (www.wnp.pl)

Citation

Eurofound (2009), Fiat Powertrain Technologies, Business expansion in Poland, factsheet number 70038, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70038.