Magna to Invest € 238m in Poland

IndustrialsAutomotive ♦ Published: September 3, 2012; 22:30 ♦ (Vindobona)

The Canadian automotive group plans to produce cars for “Mini” and “Infinity”.

Magna to Invest € 238m in Poland / Picture: ©

According to the Polish newspaper “Dziennik Gazeta Prawna”, Magna plans massive investments in Poland. In Zeran, the car factory of Ukrainian AwtoZAZ should be purchased and modernized. Also locations in Austria and Hungary were considered. In the end, the Polish location succeeded, although the government did not offer subsidies.

Investment costs are said to reach about PLN…