The fourth investor in the Bolesławiec subzone of the Wałbrzych Special Economic Zone “Invest-Park” is the local company Elektros. Previously, the following companies invested in the area: the Swiss corporation Hoerbiger, the American company Guardian and the Bolesławiec-based company Lesław Sacher – Metal Cutting.
Elektros acquired the perpetual usufruct right to a plot measuring 0.5 ha. The city received PLN 255,000 net. The notarial deed was signed on Monday, 20 September, in the Councillors’ Hall.
“Four years ago, when there was not yet a subzone in Bolesławiec, this area was just a stubble field,” said Mayor Piotr Roman during Monday’s meeting. “It may not be San Francisco yet, but things are getting better. I am very pleased that another company will invest in the zone. We estimate that all four investors will ultimately create 600 jobs in this area.”
The notarial deed was signed by Stanisław Stankiewicz and Andrzej Stankiewicz, the company’s heads, and Piotr Roman. According to the company’s management, the investment in the Bolesławiec subzone of the Wałbrzych Special Economic Zone “Invest-Park” will help Elektros expand. “An additional incentive for deciding to build our plant there was our discussions with Lesław Sacher [bolesławieckim przedsiębiorcą, który był trzecim inwestorem w strefie – przyp. red.]. He was the one who motivated us to do it,” Andrzej Stankiewicz emphasized.
Investors who decide to invest in a special economic zone may qualify for tax exemptions amounting to 60% of investment outlays in the case of small enterprises, 50% for medium-sized enterprises and 40% for large plants. The terms of the tax exemption are specified in the permit to conduct business activity in an area covered by a special economic zone, which the investor receives after deciding to invest in the zone. Investors locating their projects in Bolesławiec may qualify for exemptions from local taxes (property tax). Tax exemptions for entrepreneurs are defined by two resolutions of the Bolesławiec City Council: on de minimis aid and regional aid. In the case of de minimis aid, an entrepreneur may obtain a tax exemption after creating just five new jobs. In the case of regional aid, obtaining a property-tax exemption is conditional on incurring investment outlays of at least PLN 500,000 or creating at least 20 new jobs. Incurring higher outlays or creating more jobs than the minimum extends the tax-exemption period. The maximum period of exemption from property tax is 10 years.
(Bolesławiec City Hall information/ii)