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Breaking News "Ford-Werke, the German subsidiary of American car maker Ford, intends to invest around EUR 94 million in production of its new Ka model in Poland, likely to be launched late this year, Wolfgang Schneider, deputy chief executive of Ford Europe, said at a press briefing on Monday. "The new Ka will be made in collaboration with Italian Fiat in the southern city of Tychy. Ford-Werke decided to move the production from Spain's Valencia, motivated by lower costs, the potential of the Polish market and the country's strategic position in the region." Interfax CE March 2008 News "Representatives of Britain's Cadbury Schweppes and the Economy Ministry have signed a letter of intent concerning an investment in Poland, according to daily Rzeczpospolita. Cadbury is expected to spend over € 250 million on construction of a production plant in Skarbimierz and to develop its existing plant in Bielany Wroclawskie, creating 750 new jobs." Poland A.M. Feb 2008 "Work invitations for 3113 foreigners approved in Latvia in 2007" Baltic Business News Jan 2008 "TeliaSonera still insists on acquiring controlling interest in both Lattelecom and Latvijas Mobiliais telefons, TeliaSonera is ready to invest LVL 70 million more into the deal than was offered by Lattelecom CEO Nils Melngailis and the US investment company Blackstone, which offered to pay about LVL 440 million, said TeliaSonera Mobility Services Head Kenneth Karlberg" Baltic Business News Jan 2008 "The British division of Cadbury Schweppes is considering investing EUR 270 million in Poland. It is still unknown in which part of Poland the company will invest." Puls Biznesu "The growth rates in August 2007's growth rate in wages amounted to 10.5% YoY, which was above market expectations. The wage bill increased by 14.1% in real terms." Central Statistics Office
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