Domanski Zakrzewski Palinka is advising Toyota on its announced plan to carry out two new investments in Poland: producing gear boxes for hybrid vehicles in a plant in Walbrzych and producing a new generation of petrol engines in a plant at Jelcz-Laskowice. The total investment value is approximately PLN 650 million.
DZP is advising the company in a process to obtain state aid for the investments in the form of financial support offered by the Minister of Development and Finances under the rubric of a 2011-2020 support program for investments of key importance to the Polish economy.
According to DZP, "we have advised Toyota since the start of the process, from concluding an initial letter of intent with the Minister of Development to drawing up an application to the Polish Information and Foreign Investment Agency, the Ministry of Development and the Walbrzych SEZ."
The project was handled by DZP Senior Associate Agata Kudelska." The firm reports, "thanks to the professionalism and involvement of our partners at Toyota and DZP’s long-term experience with similar projects, the state aid applications were drawn up and filed in record time – within two months."
