• LG Energy Solution Wroclaw highlights the key factors behind its long-term investment and presence in Lower Silesia.
• The company plans to continue diversifying its operations while exploring opportunities to expand production.

LG Energy Solution Wroclaw participated in the “Lower Silesia: A Microcosm of Investments” conference in December, 2024, an event dedicated to exploring why this area of Europe attracts so much investment. During the event, Yong Girl Lee, Director of External Relations at LG Energy Solution Wroclaw, was interviewed by Forbes Polska, one of Poland’s most respected magazines, to discuss the company’s history of investing in the country and the advantages of investing in Lower Silesia, located near Wroclaw.

Please see below for the main points of the interview in a Q&A format.

Q: How did Wroclaw and Lower Silesia become a focal point for investment and development, considering their economic transformation and strategic position in Poland over the past decades?

A: In 1998, LG Corp made a series of new investments, marking its entry into the consumer electronics space with LG Electronics Mlawa. In 2006, the company expanded its operations into Lower Silesia where significant industrial transformation was undertaken.

In early 2006, LG Corp invested heavily in the production of LCD TVs, which was cutting-edge technology at the time, in line with the growing trend of digitalization. By 2016, the focus had expanded to EVs, with LG Chem leading the construction of EV battery factories. Following our spin-off from LG Chem, LG Energy Solution has overseen the construction of Europe’s largest EV battery production plant in just a few years. This development has had a substantial impact on both the Polish and European markets, now contributing to 3% of Poland’s total exports to various countries.

Several key investment factors include the availability of skilled labor, strong collaboration with local employees, and support from the Polish government throughout the transformation process. There is also a well-developed infrastructure in the vicinity of Wroclaw, including competitive logistics capabilities, which helps facilitate the company’s operations.

The region’s advanced IT systems and infrastructure are also essential, enabling the successful implementation of automated production lines leveraging robotic technology. The expertise of IT engineers is invaluable to the application of such high-tech innovations. Alongside technological advancements, energy infrastructure is also driving the company’s transition to EV battery production. The timely and sufficient energy supply continues to contribute to our operations and growth. We are more than satisfied with the results of our investments in the region, and we have plans to further develop our operations here.

Q: Do you consider Lower Silesia to be an important location globally?

Lower Silesia has become an immensely important strategic location for LG Energy Solution. In Europe, our only operational plant is in Biskupice Podgorne, near Wroclaw. However, we do have several suppliers located in the industrial zone close by. This site not only represents LG Energy Solution’s largest investment in Europe to date but also the most significant foreign investment Poland has ever received, with expectations for further investments in the future set to ensure it stays this way.

Q: What is your 5- to 10-year plan, and does it include increasing the factory’s production capacity?

A: LG Energy Solution Wroclaw recognizes the importance of increasing production capacity and continues to explore such opportunities. However, given the current challenges in EV sales, the company must diversify its focus. In addition to producing batteries for EVs, LG Energy Solution Wroclaw is exploring other potential battery applications to strengthen its market position.

LG has been operating here for more than 20 years and hopes to continue its presence for decades to come. We envision another 30 years, which would extend our stay to 50 years. To support this growth, the company emphasizes the need to acquire energy from renewable sources at competitive prices, which would enable the company’s future expansion.

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