Current report No. 31/2013

Obtaining permission to conduct a business activity in the LSEZ by a subsidiary of the Issuer
(Current report No. 31/2013)

28.05.2013 / The Issuer /

Legal basis:
Article 56 point 1 item 1 of the Act on Public Offering - confidential information

The Management Board of CCC S.A. (The "Issuer") announces that on 28 May 2013, it received the information about receiving the permission by CCC Factory Sp. z o.o. (Ltd.), based in Polkowice, a subsidiary of the Issuer, of a number 109/LSSE, dated on 24 May 2013. It is authorized to run a business activity in the area of Legnica Special Economic Zone (LSEZ) located in Polkowice.

The Company had applied for a permission to conduct a business activity in the LSEZ in connection with the planned investment regarding the logistics center development.

The permission to conduct a business activity was granted based on the following conditions:
1. Company CCC Factory incurs investment expenses in the LSEZ within the meaning of § 6 point 1 of the Regulation of Council of Ministers dated on 10 December 2008 on public aid granted to entrepreneurs operating on the basis of the permission to conduct business activities in special economic zones (Journal of Laws 2008. No. 232, point 1548, as amended), in the amount of at least 40,000,000.00 PLN (say: forty million zlotys);
2. employing at least 10 employees when performing a business activity in the LSEZ until 31 December 2015 and maintaining the employment on the level of at least 578 employees until 31 December 2018;
3. completing the project by 31 December 2015

The permission shall specify the maximum amount of eligible costs:
1. In case of using a tax exemption as for the cost of the new investment, the maximum amount of eligible investment costs referred to in § 6 of the Regulation, amounts to 60,000,000.00 PLN (say: sixty million zlotys);
2. In case of using a tax exemption as for the creation of new jobs, referred to § 3 par. 1 point 2 of the Regulation, to calculate the maximum amount of two-year labour costs, the labour costs are assumed of 15 new employees.

 

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