Koreans to receive record-high grant from Polish state

Korean chemical group LG Chem will soon get a PLN 242.6 million (EUR 58 mln) grant from a Polish state programme which supports investments key for the economy, Puls Biznesu daily writes, citing the Ministry of Entrepreneurship and Technology.

According to the newspaper, three companies that carry out major automotive projects can count on grants under the programme. Apart from LG Chem, two other companies, German-based chemical group BASF and Japan's Toyota Motor Manufacturing will soon sign contracts with the Polish government support.

According to the daily, the battery plant for e-cars in Kobierzyce, southwestern Poland, to be built by LG Chem will receive the highest-ever grant in history.