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16th October 2009
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Poland to give Opel plant in Gliwice zł.1.9 billion in aid

Opel was previously owned by General Motors
Courtesy of GM Europe

The Polish government might be the second country after Germany to aid the new owners of carmaker Opel, which was recently purchased by Canadian auto parts manufacturer, Magna, and Russian bank, Sberbank.

The possibility of public aid for companies was confirmed on Thursday by the Ministry of Economy. "Any aid granted by Poland will be in line with EU principles and rules of the [European] Single Market," Agnieszka Gapys, the spokesperson for the ministry, told Dziennik Gazeta Prawna.

However, a few days earlier, Deputy Prime Minister Waldemar Pawlak told the daily that the factory in Gliwice will not get be getting any government support.

But the new Opel owners and Germany pressed Poland to help out. The Economy Ministry has not specified the amount of aid to be granted, but according to Radio RMF, the sum could be up to €450 (zł.1,890) million.

Source: Dziennik Gazeta Prawna


From Warsaw Business Journal


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