Advisory to Toyota on new investments in Poland

On 20 October Toyota announced that it will carry out two new investments in Poland – production of gear boxes for hybrid vehicles in the plant in Wałbrzych and new generation petrol engines in the plant at Jelcz-Laskowice. Total investment value – approx. 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 within a support programme for investments of key importance to the Polish economy in the years 2011-2020 and for locating the projects in the "INVEST-PARK" site of the Wałbrzych Special Economic Zone.

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 Wałbrzych SEZ. The project was handled by DZP lawyer Agata Kudelska, Senior Associate in DZP’s Infrastructure & Energy Practice.

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.

DZP has advised Toyota for many years on all aspects of its business, including corporate and labour law issues. DZP also provides Toyota with state aid support, particularly as regards the business carried on in the SEZ and obtaining other forms of support for the investment projects.