Mitsui High-tec is to build a plant manufacturing generator and motor parts for electric or hybrid vehicles in Skarbimierz, in the Wałbrzych Special Economic Zone of Poland.

The plant will be its first European investment, intended to increase its presence in the continent and to become a component in the development of a global supply system answering the growing interest in environmentally friendly vehicles. Construction will commence in 2019.

Dentons provided Mitsui High-tec with comprehensive legal and tax assistance during the investment process, including: advice on obtaining a positive decision on support in the Polish Investment Zone, obtaining a government grant for the investment through the agency of the Polish Agency of Trade and Investment, assistance in incorporation and financing of the Polish company of the group, rendering corporate law services and acquisition from the Wałbrzych Special Economic Zone, by tender, of land for development of the manufacturing plant.

The following Dentons lawyers advised in this project: Takura Kawai, partner of the Dentons Warsaw office and head of the Japanese Desk in the EMEA region, Cezary Przygodzki, partner and co-head of the Tax Advisory team, Michał Bernat, counsel in the Tax Advisory team and Competition team and Michał Siwek, counsel.

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