We assisted the Kingfa Group in establishing the company and obtaining state aid for an investment worth PLN 260 million

We led the process of establishing the company in Poland and obtaining state aid for a new investment by the Kingfa Group, a leading global supplier of advanced materials. Our work included strategic planning and obtaining support in the form of income tax exemption.  

On Friday 28th December 2023, the Kingfa Group representatives signed the land purchase agreement with the local authorities. The Kingfa Group will open a production plant worth at least PLN 260 million in the Kostrzyn-Słubice Special Economic Zone in Szprotawa (Lubuskie voivodeship). The investment will result in an integrated sales, research and production plant for high-performance plastics for the automotive and household appliances sectors.  

The project involved OW and OW Analytics advisors Jacek Łuczyński, Dominik Jędrak, Marcel Mańka, Paweł Stanek, Justyna Kania, Sandra Mrzygłód and Patryk Ścibak.  

Local press coverage of the new investment: 

https://zielonagora.wyborcza.pl/zielonagora/7,35182,30552521,kolejny-chinski-koncern-inwestuje-pod-szprotawa.html 

https://gazetalubuska.pl/kolejny-chinski-tygrys-wchodzi-do-szprotawy-zatrudni-400-osob/gh/c3-18195407/2 

https://zagan.naszemiasto.pl/kingfa-w-szprotawie-powstanie-ogromny-zaklad-chinskiego/ar/c3-9567753