WARSAW (AFX) - IBM said it is to open a research and development centre in Krakow in southern Poland following the signing today of an agreement with the Polish minister for the economy Jacek Piechota.
"This is above all an investment in human potential and new technologies," said Piechota.
The centre, the first of its kind in central and eastern Europe, is expected to be operational in two years and will employ 200 workers.
The total value of the investment has not been disclosed, but the Polish Treasury said it is investing 205,000 eur in the project.
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"This is above all an investment in human potential and new technologies," said Piechota.
The centre, the first of its kind in central and eastern Europe, is expected to be operational in two years and will employ 200 workers.
The total value of the investment has not been disclosed, but the Polish Treasury said it is investing 205,000 eur in the project.
newsdesk@afxnews.com
mrm/sw/gsw/har/jfr
COPYRIGHT
Copyright AFX News Limited 2005. All rights reserved.
The copying, republication or redistribution of AFX News content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and the AFX Financial News logo are registered trademarks of AFX News Limited
For more information and to contact AFX: www.afxnews.com and www.afxpress.com
© 2005 AFX News
