History of PPPT

The initial step towards the functioning of PPPT was an agreement signed on 7th November 2003 between PKN ORLEN and the Municipality of Płock which set out the principles of co-operation and mutual obligations within the PPPT project.

On 14th July 2004 PKN ORLEN and the Municipality of Płock each acquired a 50 per cent stake in PPPT S.A. – a joint stock company named Płocki Park Przemysłowo – Technologiczny Spółka Akcyjna (The Płock Technological & Industrial Park). On 2nd November 2004, the Presidents of Płock and PKN ORLEN together with the Rector of the Płock Branch of the Warsaw School of Science and Technology entered into an agreement on an R & D co-operation within the PPPT project.

30th December 2004 marked an agreement between PPPT S.A. and the Industrial Development Agency regarding the financing, from EU funds, of the first infrastructure undertakings. More than a year later, on 5th January 2006 PPPT S.A. officially opened its Administration Centre and welcomed its first 13 investors.

At present, PPPT S.A. offers approximately 200 hectares of investment grounds, of which 130 have been equipped with all the supply, utility, media and facility infrastructure necessary for doing business. The net cost of the investments made in 2005 and 2006 totalled EUR 11.1 million.

On 5th December 2006 the PPPT development project was put on the list of 26 priority undertakings in the Mazovia Province with a CAPEX of nearly PLN 240 million.

In July 2007 PPPT began the sale of the first investments grounds, and in November 2007 the Company awarded 1st prize in the Mazovia Province initiative in the 2nd National Contest “The Golden Sites 2007”. The contest was organized by the Polish Information and Foreign Investment Agency.

The PPPT S.A. land project considered by the jury represents an area of 110ha. The ranking covered 407 offers submitted by 258 local governments

Together with the Łódź Special Economic Zone we have joined efforts to convert the PPPT’s investment grounds III – VI into a special economic zone, as a result of which investors would be entitled to an income tax holiday.