At the end of 2016, the Management Board of the Kraków Technology Park issued business permits to Valeo Autosystemy to run two reinvestments that will be conducted in Skawina and Chrzanów. The Valeo Group plans to invest PLN 420m.
In Chrzanów, the company will spend PLN 101,7m to create 100 new jobs, to expand the factory and to build a warehouse. Valeo is also planning to buy a new production line to manufacture car lighting systems. The factory expansion will be also held in Skawno. The company’s second project this year will cost PLN 323m. Under the investment, Valeo will hire 150 new people and develop R&D centre.
Valeo is an international automotive company operating in Kraków Technology Park since 2013 when its two investments were supported by PAIiIZ. In Poland, the company hires 6,000 people including 2,500 in Kraków Technology Park.
Source: PAIiIZ. http://www.paiz.gov.pl/