Entrepreneurs declared investment of over 1 billion PLN in 2020!

30 decisions to grant support, over PLN 1 billion of investment outlay and 500 new jobs are the results of 2020 in the Polish Investment Zone managed by the Kraków Technology Park (KPT).

Even at the very end of the year, the Board of the KPT issued support decisions for four entrepreneurs. PLAST-MET Automotive Systems, Fonte, Afore Polska, and Orlen Południe SA decided to take advantage of the tax relief.

PLAST-MET Automotive Systems will build a production hall and modernise the furnishing of the plant. The investment will be conducted at the cost of PLN 114,019,000 in Olkusz.

Fonte will expand its facility in Zator and invest PLN 25,650,000. The new infrastructure will help the company to continue to implement innovative technologies.

New production hall will be a part of the investment carried out by Afore Polska from Gorlice. The entrepreneur declared an outlay of PLN 2,600,000.

The last support decision issued in this year goes to Orlen, which will build a new plant with civil and water engineering facilities in Trzebinia, and purchase specialist installations and equipment. This will make it possible to increase the production of biodiesel. The company declared an investment outlay of at least PLN 41 million. This is the second support decision that Orlen Południe SA cashes in on.

This year investments by Polish companies predominated, with more than every other of them reinvesting. This means that Polish entrepreneurs were not afraid to opt for development in this difficult time, and recognise the tax relief in the Polish Investment Zone a reasonable and practical tool. We are glad to be able to help them in that.

Wojciech Przybylski, President of the Board of the KPT said.

26 out of the 30 decisions concern Polish companies, and 17 are the decisions to reinvest. Moreover, it is worth mentioning that 23 of the companies belong to the SMEs.

First of all, we are very glad that we have managed to meet our assumptions: we intended to issue at least 26 support decisions (the plan was drafted before the pandemic). We also wanted to reach the small and medium-sized entrepreneurs and convince them that the Polish Investment Zone was also designed for them. These numbers are proof that we succeeded.

Krystyna Sadowska, Director of the Investor Support Division, commented.

Interestingly, this year’s tax reliefs were dominated by the metal production sector, the remaining ones being IT services, and the machine and chemical industries.

Let us also reiterate that this year’s unprecedented success of the Kraków Technology Park is the support for Lafarge, a company that will carry out an investment worth no fewer than PLN 450 million. This is the largest single decision about support issued in the history of the Kraków Technology Park as well as one of the largest projects supported within the Polish Investment Zone in the country.

We are closing this year with a dram of optimism and hope that the following one will not be worse.

Wojciech Przybylski concluded.

From the first days of the Polish Investment Zone, the Kraków Technology Park has issued 85 support decisions, and the entrepreneurs declared investment outlay exceeding PLN 3.5 billion and opening 2065 new jobs.

Barbara Wityńska-Słącz

Media Relations Krakow Technology Park

+48 728478518