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Poland

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Hydro has today announced a tender offer for the acquisition of 100% of the shares of Alumetal S.A, a company listed on the Warsaw Stock Exchange, for PLN 68.4 per share in cash (the “offer price”), representing an aggregate equity purchase price of approximately PLN 1.066 billion (approx. EUR 232 million).

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Johnson Matthey, global leader in sustainable technologies, held a ground-breaking event today to celebrate the start of construction at its plant in Gliwice, Poland.

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The European Commission has found that Poland's €95 million measure in favour of LG Chem Group (‘LG Chem') is in line with EU State aid rules. The investment aid will support the expansion of LG Chem's battery cell production facility for electric vehicles in the Polish Dolnośląskie region.

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MAN Truck & Bus is upping the pace of its transformation and the associated expansion of its plant in Krakow, Poland. The foundations were laid in a celebratory ceremony. MAN is investing around €130 million in the expansion of this production plant.

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The turn off 2020 and 2021 is very exceptional for the Polish branch of Stellantis in Gliwice. The company is intensively preparing to launch the production of large commercial vehicles in its new factory.

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European industrial market leader Panattoni is completing another development for the automotive industry in Bielsko-Biała.

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At the end of October, a groundbreaking ceremony took place at the new ZF Electronics Plant in Częstochowa.

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Śrem sees the start of one of the strategic investments for the national economy. With the electrolyte production facility, Poland will strengthen its position as one of
Europe’s major export centres supplying innovative electromobility-related technologies.