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DZP Support Toyota on Receipt of State Aid from Polish Minister of Development

DZP Support Toyota on Receipt of State Aid from Polish Minister of Development

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DZP has advised Toyota Motor Manufacturing Poland on its receipt of financial support from Poland's Minister of Development and Finances to create a new production line in its factory in Jelcz-Laskowice for a new generation 1.5 liter petrol engines. Production is set to start in 2020 with a capital expenditure of PLN 400 million, which increases Toyota's production investments in Poland to nearly PLN 4.5 billion.

According to DZP, "the new engine was designed based on Toyota's new global design platform (Toyota New Global Architecture). The engine and battery will be used in hybrid drives and in the conventional version (for Toyota models sold from 2020)."

DZP reports that it "advised Toyota from the start of the process -- i.e., from the conclusion of a letter of intent with the Minister of Development and Finances. We then advised on drawing up an application to the Polish Trade and Investment Agency, the Ministry of Development, and the Walbrzych Special Economic Zone." The firm's team was headed by Partners Marcin Krakowiak and Anna Glapa and Associate Aneta Wloszek.

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