Greek Companies in Poland
Despite the grim headlines and the overall economic crisis, Greek companies continue to invest and prosper both abroad and at home.
Warsaw Business Journal reports that there are currently about 40 companies with Greek capital active in the Polish market.
Greek-owned companies have invested more than €1.4 billion and created a total of 11,000 jobs in Poland. Greek direct investments in Poland include Germanos mobile telephony products and Chipita food manufacturers (with a major plant in Tomaszów-Mazowiecki).
Following Poland’s EU accession in 2004, Greek business activity has been significantly increased. Intralot took control of Totolek bet management and operation company while Intracom allocated a high technology investment of more than €10 million and operating close to 400 plants in the country. Finally, Eurobank’s filial Polbank is working on the creation of a large branch network.
(Monday, January 9, 2012)
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