Umicore confirms building electric battery plant in Poland

• The factory will be based in Nysa (the Opole voivodship)
• Umicore will hire 400 people, 30% of  will be engineers
• The production is due to start in 2020

The Belgian investor will be manufacturing cathode materials for electric vehicles in Nysa (southern Poland). It is due to start deliveries in late 2020. The investment will create up to 400 jobs in the first phase. The CAPEX totals EUR 320m.

Umicore’s choice of Poland follows that of South Korea’s LG Chem, which in October said it would open Europe’s largest lithium-ion battery factory in the country.

“The Electromobility investors are watching Poland carefully in terms of setting business here,”- PAIH's Executive Vice President Krzysztof Senger stresses. He points out that this is one of the reasons that the Agency have decided to derive the electromobility category form its FDI portfolio.

Currently, PAIH is supporting 15 electromobility projects that amount to approx. EUR 2.9bn (including Umicore’s FDI).