British carmaker Jaguar Land Rover (JLR) is planning opening a factory in CEE, and has focused its attention on Poland.
JLR executives have told the UK’s Sunday Times that the company has been considering bids by Slovakia, Hungary, the Czech Republic and Turkey for a factory to produce some 200,000 cars a year.
However, the unnamed sources added that Poland had offered “huge” incentives.
Local sources said that the plant could most likely be built in Kraków at a cost of GBP 1.2 billion (PLN 7.01 billion / EUR 1.69 billion).
Last year JLR produced 450,000 cars, but has plans to expand to one million vehicles.
While based in England, with a British heritage, JLR is owned by Indian Tata motors.
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