Pearl Stream

Type
Business expansion
Country
Poland
Region
Makroregion południowo-zachodni; Opolskie; Opolski
Location of affected unit(s)
Strzelce Opolskie
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
200 jobs
Number of planned job creations
Job creation
Announcement Date
16 December 2010
Employment effect (start)
16 December 2010
Foreseen end date

Description

Pearl Stream, a German-Korean company, announced plans to open a new factory in Strzelce Opolskie, which will start production in April 2011. The company started a recruitment process of 200 employees in December 2010. Pearl Stream plans to invest 30 million PLN (over 7 million EUR) within 3 years. The plant will produce electrical components mainly for electronics industry - the most significant customers will be companies grouped within LG Cluster in Kobierzyce in the Special Economic Zone of Wałbrzych.

Sources

  • 16 December 2010: Puls Biznesu

Citation

Eurofound (2010), Pearl Stream, Business expansion in Poland, factsheet number 71643, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71643.