Monday, December 17, 2007
FT REPORT - POLAND 2007: Fastest growth in a decade
FT REPORT - POLAND 2007: Fastest growth in a decade
By Stefan Wagstyl, Financial Times
Published: Dec 12, 2007
The first Chevrolet to be built in the European Union rolled off a Polish production line last month, the fruit of a joint venture between General Motors, the US brand owner, and UkrAVTO, the Ukrainian industrial group that controls the sprawling Warsaw factory where the car is assembled. The partners are investing to raise Aveo production to 100,000 by 2009 and make some modest increases in the plant's 2,600 staff. Janusz Wozniak, the president of the FSO plant, said at the launch: "The start of production of the Chevrolet Aveo is the start of a new era at the FSO plant."
It is also typical of the foreign investment pouring into Poland. With many multinationals already established, there are fewer big greenfield projects than in the past. Foreign companies are focusing instead on broadening and deepening their existing operations. The capital inflow may lack the headline-making billion euro schemes of past years but it is even stronger than expected when Poland joined the EU in 2004. The authorities forecast foreign direct investment in 2007 to exceed last year's record €15bn. The FDI figure is just one sign of the strength of the economy the new government is inheriting. Poland is witnessing its fastest economic growth surge in a decade, with gross domestic product set to rise by about 6.5 per cent this year.
The main driver is domestic demand with Polish consumers spending money as never before, while companies are expanding investment at nearly 20 per cent a year. Construction is booming, as are consumer services from drycleaners to travel agencies. Wages are rising quickly and employers are clamouring for workers. Unemployment has fallen from 20 per cent just before EU accession to 11 per cent. While about half the decline has come through emigration, the rest has been achieved through domestic job creation. As Jeremi Mordasewicz, economic adviser at Lewiatan, the employers' organisation, says: "The economy is in good condition. Wages are growing strongly, but so are employers' profits."
The consumer boom is sucking in imports in increasing volumes, but exports have been growing at healthy rate of 15 per cent annually over the past three years. The current account deficit has opened up a little to a likely year-end figure of about 3.8 per cent. But this is easily covered by FDI inflows. Lewiatan expects 2008 to be another strong year, not least with a business-friendly government in power, following Jaroslaw Kaczynski's somewhat hostile administration.
However, there are some clouds on the horizon. As Ryszard Petru, chief economist at BPH bank, says: "In 2007, the surprises were positive [in the form of higher-than-expected growth]. In 2008 they could be negative." One potential threat is the global credit squeeze.
Dariusz Filar, a member of the Polish central bank's monetary policy committee, says the financial turmoil has had "no real impact" on Poland - beyond a slight increase in banks' international borrowing costs. Polish economists also take comfort from the fact that GDP growth is led by domestic demand, not exports, so the effects of a slowdown in western Europe, Poland's main market, would be smaller than in the past. And yet, as one senior banker says: "I think people in Warsaw need to pay more attention to what is going on in the world. I am afraid of what might happen if the financial problems in the US have a bigger effect in Europe."
The Polish economy also has some problems of its own - chiefly the danger of over-heating. Capacity utilisation is estimated at nearly 90 per cent. While the latest headline consumer inflation rate is low at 2.2 per cent year-on-year in the third quarter, it is creeping higher and has prompted the central bank to raise its basic interest rate in stages by 100 basis points to 5 per cent, with perhaps another 50 basis points to come.
While rising food and energy prices are playing a role, the national bank's main concern is wages, which are increasing at an accelerating rate - 11 per cent year-on-year in October, the latest month for which there is data. With an estimated 2m Poles working abroad, employers are struggling for staff with key skills, including engineers, building workers and marketing managers. Mr Filar says: "The labour market is tight and will increase in tightness in 2008 and over the next few years." For the government, this puts pressure on public sector pay. But, as Donald Tusk, the prime minister, says, rising wages are good news for many low-earning Poles. "The lack of labour in Poland is a problem in some niches, but I also want to look at it from the view of wage earners."
Meanwhile, credit has been growing rapidly, particularly consumer credit, which is forecast to rise by about 33 per cent this year, following a similar rise last year. Economists say that, with household borrowings still low in proportion to GDP, there is plenty of scope for further increases. But credit has fuelled demand growth, notably in housing, driving up property prices in big cities to levels which might prove hard to sustain if the economy falters.
With interest rates rising and some slight tremors in financial markets, the economy is slowing slightly, with economists forecasting a GDP growth rate of about 5.5 per cent for 2008. But they see no evidence for a dramatic decline in the growth rate thereafter.
They point to five main economic drivers.
These are strong investment, including that from abroad: the big increase in EU aid that came with accession but has yet to start flowing in earnest: the heavy boost to infrastructure spending that Brussels will help finance (including expenditure linked to hosting the 2012 European football championships); rising employment and wages as the current cohort of young people in their 20s, constituting a demographic bulge, are absorbed into the economy; and the growing contribution of migrant workers bringing money home.
Jacek Rostowski, finance minister, sees every reason for optimism: "There is no question that the Polish economy will continue to catch up to the economies of western Europe with growth rates that will be significantly above the growth rates in those economies."
However, he has some concern about the international financial markets, saying: "Everyone is aware that the next year could be somewhat fraught in the world economy."
By Stefan Wagstyl, Financial Times
Published: Dec 12, 2007
The first Chevrolet to be built in the European Union rolled off a Polish production line last month, the fruit of a joint venture between General Motors, the US brand owner, and UkrAVTO, the Ukrainian industrial group that controls the sprawling Warsaw factory where the car is assembled. The partners are investing to raise Aveo production to 100,000 by 2009 and make some modest increases in the plant's 2,600 staff. Janusz Wozniak, the president of the FSO plant, said at the launch: "The start of production of the Chevrolet Aveo is the start of a new era at the FSO plant."
It is also typical of the foreign investment pouring into Poland. With many multinationals already established, there are fewer big greenfield projects than in the past. Foreign companies are focusing instead on broadening and deepening their existing operations. The capital inflow may lack the headline-making billion euro schemes of past years but it is even stronger than expected when Poland joined the EU in 2004. The authorities forecast foreign direct investment in 2007 to exceed last year's record €15bn. The FDI figure is just one sign of the strength of the economy the new government is inheriting. Poland is witnessing its fastest economic growth surge in a decade, with gross domestic product set to rise by about 6.5 per cent this year.
The main driver is domestic demand with Polish consumers spending money as never before, while companies are expanding investment at nearly 20 per cent a year. Construction is booming, as are consumer services from drycleaners to travel agencies. Wages are rising quickly and employers are clamouring for workers. Unemployment has fallen from 20 per cent just before EU accession to 11 per cent. While about half the decline has come through emigration, the rest has been achieved through domestic job creation. As Jeremi Mordasewicz, economic adviser at Lewiatan, the employers' organisation, says: "The economy is in good condition. Wages are growing strongly, but so are employers' profits."
The consumer boom is sucking in imports in increasing volumes, but exports have been growing at healthy rate of 15 per cent annually over the past three years. The current account deficit has opened up a little to a likely year-end figure of about 3.8 per cent. But this is easily covered by FDI inflows. Lewiatan expects 2008 to be another strong year, not least with a business-friendly government in power, following Jaroslaw Kaczynski's somewhat hostile administration.
However, there are some clouds on the horizon. As Ryszard Petru, chief economist at BPH bank, says: "In 2007, the surprises were positive [in the form of higher-than-expected growth]. In 2008 they could be negative." One potential threat is the global credit squeeze.
Dariusz Filar, a member of the Polish central bank's monetary policy committee, says the financial turmoil has had "no real impact" on Poland - beyond a slight increase in banks' international borrowing costs. Polish economists also take comfort from the fact that GDP growth is led by domestic demand, not exports, so the effects of a slowdown in western Europe, Poland's main market, would be smaller than in the past. And yet, as one senior banker says: "I think people in Warsaw need to pay more attention to what is going on in the world. I am afraid of what might happen if the financial problems in the US have a bigger effect in Europe."
The Polish economy also has some problems of its own - chiefly the danger of over-heating. Capacity utilisation is estimated at nearly 90 per cent. While the latest headline consumer inflation rate is low at 2.2 per cent year-on-year in the third quarter, it is creeping higher and has prompted the central bank to raise its basic interest rate in stages by 100 basis points to 5 per cent, with perhaps another 50 basis points to come.
While rising food and energy prices are playing a role, the national bank's main concern is wages, which are increasing at an accelerating rate - 11 per cent year-on-year in October, the latest month for which there is data. With an estimated 2m Poles working abroad, employers are struggling for staff with key skills, including engineers, building workers and marketing managers. Mr Filar says: "The labour market is tight and will increase in tightness in 2008 and over the next few years." For the government, this puts pressure on public sector pay. But, as Donald Tusk, the prime minister, says, rising wages are good news for many low-earning Poles. "The lack of labour in Poland is a problem in some niches, but I also want to look at it from the view of wage earners."
Meanwhile, credit has been growing rapidly, particularly consumer credit, which is forecast to rise by about 33 per cent this year, following a similar rise last year. Economists say that, with household borrowings still low in proportion to GDP, there is plenty of scope for further increases. But credit has fuelled demand growth, notably in housing, driving up property prices in big cities to levels which might prove hard to sustain if the economy falters.
With interest rates rising and some slight tremors in financial markets, the economy is slowing slightly, with economists forecasting a GDP growth rate of about 5.5 per cent for 2008. But they see no evidence for a dramatic decline in the growth rate thereafter.
They point to five main economic drivers.
These are strong investment, including that from abroad: the big increase in EU aid that came with accession but has yet to start flowing in earnest: the heavy boost to infrastructure spending that Brussels will help finance (including expenditure linked to hosting the 2012 European football championships); rising employment and wages as the current cohort of young people in their 20s, constituting a demographic bulge, are absorbed into the economy; and the growing contribution of migrant workers bringing money home.
Jacek Rostowski, finance minister, sees every reason for optimism: "There is no question that the Polish economy will continue to catch up to the economies of western Europe with growth rates that will be significantly above the growth rates in those economies."
However, he has some concern about the international financial markets, saying: "Everyone is aware that the next year could be somewhat fraught in the world economy."
Sunday, December 16, 2007
Tuesday, December 11, 2007
Monday, December 3, 2007
Chinese Lenovo computers are to conquer Polish market
Chinese Lenovo computers are to conquer Polish market
Lenovo Technology Polska, the Polish branch of the Chinese computer maker Lenovo Group, introduced its first Lenovo-branded computers to be sold in Poland starting from April 2006, Polish daily Rzeczpospolita reported on Tuesday.
According to a spokesman of Lenovo Technology Polska, entering into the Polish market is connected with the company's global strategy that is aimed at expanding into Western markets. Lenovo, the third largest personal computer manufacturer in the world, hopes to become global leader in world's PC market by 2010.
The company presented its own branded products to the Polish public on Monday. "We develop, manufacture and market reliable, high-quality PC products and value-added professional services that provide customers around the world with smarter ways to be productive and competitive and due to it we can help Polish customers achieve their goals", the spokesman said.
Lenovo was relatively unknown outside China, but made news headlines in December 2004 with the announcement of its intent to acquire the PC division of IBM. On March 9, 2005, it was announced that the Committee on Foreign Investment in the United States has completed its review of the deal.
IBM and Lenovo completed the deal on May 1, 2005. As a result of the acquisition Lenovo's product line includes the ThinkVision, ThinkPad, ThinkVantage, ThinkCenter, Aptiva and NetVista.
The Polish branch of the global company, Lenovo Technology Polska, was established in August 2005।
Lenovo: A Worldwide Leader in TechnologyLenovo is an innovative, international technology company formed as a result of the acquisition by the Lenovo Group of the IBM Personal Computing Division.As a global leader in the PC market, we develop, manufacture and market cutting-edge, reliable, high-quality PC products and value-added professional services that provide customers around the world with smarter ways to be productive and competitive. We base our success on our customers achieving their goals: productivity in business and enhancement of personal life.
Our company
Lenovo's executive headquarters are in Purchase, New York, USA with principal operations in Beijing, China, and Raleigh, North Carolina, USA and an enterprise sales organisation worldwide. The company employs more than 19,000 people worldwide.
The New Lenovo – A Marriage of Visionaries
In 1981, IBM envisioned computing at a new level – a personal level – to extend the power and the productivity of information technology from the mainframe to the individual, at home and at work. That vision led to the founding of a new unit within IBM, the Personal Computing Division, which virtually invented personal computing. PCD advanced the state-of-the-art with a series of innovations ranging from the very first laptop computers to the latest high-security technologies, such as the built-in "air-bag” that protects data, and biometric identification that protects user identity. PCD created the icon of notebook computing, the ThinkPad, and the unique software tools, known as ThinkVantage Technologies, which increase user productivity.In 1984, not long after PCD was founded, 11 computer scientists in Beijing, China also had a vision – to create a company that would bring the advantages of information technology to the Chinese people. With RMB200,000 (US$25,000) in seed money and the determination to turn their research into successful products, the 11 engineers and researchers set up shop in a loaned space – a small, one-story bungalow in Beijing. The company they founded, Legend, opened the new era of consumer PCs in China.
Since it was established, the company has affected the lives of millions of Chinese: It first introduced PCs to households, then promoted PC usage in China by establishing retail shops nationwide. It also developed the pioneering Legend Chinese Character Card that translated English operating software into Chinese characters, and achieved breakthroughs like PCs with one-button access to the Internet.By 1994, Legend was trading on the Hong Kong Stock Exchange; four years later, it produced its one-millionth personal computer. In 2003, Legend changed its brand name to Lenovo, taking the "Le" from Legend, a nod to its heritage, and adding "novo," the Latin word for "new," to reflect the spirit of innovation at the core of the company. The company name changed from Legend to Lenovo a year later.In 2003, Lenovo introduced a self-developed collaborative application technology, which heralds the important role Lenovo is going to play in the 3C era (computer, communications and consumer electronics). These and other market-leading personal computing products catapulted Legend to a leadership position in China for eight consecutive years with over 25% market share in 2004.Today, these two visionary companies are united under the Lenovo name. With Lenovo's landmark acquisition of IBM's Personal Computing Division in May 2005, the new Lenovo is a leader in the global PC market, with approximately $13 billion in annual revenue, and products serving enterprises and consumers the world over.Our values Lenovo and its employees are committed to four company values that are the foundation for all that we do: • Customer service: We are dedicated to the satisfaction and success of every customer. • Innovative and entrepreneurial spirit: Innovation that matters to our customers, and our company, created and delivered with speed and efficiency.• Accuracy and truth-seeking: We manage our business and make decisions based on carefully understood facts.• Trustworthiness and integrity: Trust and personal responsibility in all relationships.
A Heritage of Innovation and Excellence
Legend's entrepreneurial spirit and PCD's track record of breakthroughs live on in today's Lenovo, an IT giant with global reach, competing worldwide.Globally, the company offers customers the award-winning ThinkPad notebooks and ThinkCentre desktops, featuring the ThinkVantage Technologies software tools, as well as ThinkVision monitors and a full line of PC accessories and options. The Think family is consistently ranked as the undisputed premium-brand leader in the global PC industry, with products rated "best-in-class” and "number one” in survey after survey. No other family of personal computers has won as much recognition.
In China, Lenovo commands more than one-third of the PC market, covering all segments. Its leading-edge PCs are highly acclaimed for their user-friendly, tailor-made designs and customized solutions for various customer needs, including the Tianjiao and Fengxing consumer desktops and Yangtian and Kaitian enterprise desktops. Lenovo also has a broad and expanding product line encompassing mobile handsets, servers, peripherals and digital entertainment products for the Chinese market.
Allied with IBM to Offer a Total Solutions Portfolio
Lenovo and IBM have a strategic alliance designed to provide a best-in-class experience for enterprise customers. The companies have entered into significant, long-term agreements that give customers preferred access to IBM's world-class customer service organization and global financing offerings, and that enable Lenovo to take advantage of IBM's powerful worldwide distribution and sales network.
Lenovo's customers are able to count on the entire IBM team – including sales, services and financing – for access to IBM's legendary end-to-end IT solutions. As part of a five-year commitment, IBM will also provide Lenovo with warranty services and offer Lenovo customers leasing and financing arrangements. Through this long-term relationship, customers will receive the best products with the lowest total-cost-of-ownership.
Rich in Research & Development Talent
Customers of the new Lenovo will benefit from the union of PCD's and Lenovo's extraordinary R&D capabilities. Lenovo's global research and development centers in China, Japan and the US have produced some of the world's most important advances in PC technology. The company is rich in talent, with teams who have won hundreds of technology and design awards – including more than 2,000 patents – and introduced many industry firsts. And many more are on the way.
The goal of Lenovo's R&D team is ultimately to improve the overall experience of PC ownership while driving down total cost of ownership. In turn, this commitment distinguishes Lenovo from its competitors and attracts PC customers who demand the increased productivity that real innovation provides.
A Good Neighbor, Next Door and Around the World
Lenovo is committed to being a responsible and active corporate citizen, consistently working to improve its business while contributing to the development of society. Lenovo believes that business is an integral part of society and it is dedicated to working together with its employees and local communities to improve the quality of life at work and at home.In 2003, at the height of the SARS epidemic in China, Lenovo donated funds to support the prevention of the disease, with employees
voluntarily raising additional donations for this important cause. And, in 2005, the company donated funds to South Asian countries devastated by the tsunami.Lenovo also has been a major supporter of sports and physical fitness in China. In 1999, the company sponsored the Chinese national women's soccer team and two years later sponsored Beijing's successful bid to host the 2008 Olympic Games.A tradition of social responsibility and corporate philanthropy is another shared value common to both PCD and Lenovo. PCD has donated ThinkPad notebooks and ThinkCentre desktops to a wide variety of nonprofit organizations around the world, and its employees have also donated thousands of volunteer hours to local causes.
An Olympic Partner for the Turin and Beijing Games
Thinking globally, in 2004, Lenovo became the first Chinese company to join the Olympic Partner Program. As a worldwide sponsor with the International Olympic Committee, the company will be a major supplier of computing equipment – such as
desktop and notebooks computers and servers – and funding in support of the 2006 winter games in Turin, Italy and the 2008 summer games in Beijing, China। This major sports marketing initiative will help introduce the Lenovo brand around the globe.
The key to our success at Lenovo is attracting high quality employees. With that in mind, we offer a market-competitive salary and benefits package that may include:
Health care options
Pension
Life insurance
Holidays
Lenovo Technology Polska, the Polish branch of the Chinese computer maker Lenovo Group, introduced its first Lenovo-branded computers to be sold in Poland starting from April 2006, Polish daily Rzeczpospolita reported on Tuesday.
According to a spokesman of Lenovo Technology Polska, entering into the Polish market is connected with the company's global strategy that is aimed at expanding into Western markets. Lenovo, the third largest personal computer manufacturer in the world, hopes to become global leader in world's PC market by 2010.
The company presented its own branded products to the Polish public on Monday. "We develop, manufacture and market reliable, high-quality PC products and value-added professional services that provide customers around the world with smarter ways to be productive and competitive and due to it we can help Polish customers achieve their goals", the spokesman said.
Lenovo was relatively unknown outside China, but made news headlines in December 2004 with the announcement of its intent to acquire the PC division of IBM. On March 9, 2005, it was announced that the Committee on Foreign Investment in the United States has completed its review of the deal.
IBM and Lenovo completed the deal on May 1, 2005. As a result of the acquisition Lenovo's product line includes the ThinkVision, ThinkPad, ThinkVantage, ThinkCenter, Aptiva and NetVista.
The Polish branch of the global company, Lenovo Technology Polska, was established in August 2005।
Lenovo: A Worldwide Leader in TechnologyLenovo is an innovative, international technology company formed as a result of the acquisition by the Lenovo Group of the IBM Personal Computing Division.As a global leader in the PC market, we develop, manufacture and market cutting-edge, reliable, high-quality PC products and value-added professional services that provide customers around the world with smarter ways to be productive and competitive. We base our success on our customers achieving their goals: productivity in business and enhancement of personal life.
Our company
Lenovo's executive headquarters are in Purchase, New York, USA with principal operations in Beijing, China, and Raleigh, North Carolina, USA and an enterprise sales organisation worldwide. The company employs more than 19,000 people worldwide.
The New Lenovo – A Marriage of Visionaries
In 1981, IBM envisioned computing at a new level – a personal level – to extend the power and the productivity of information technology from the mainframe to the individual, at home and at work. That vision led to the founding of a new unit within IBM, the Personal Computing Division, which virtually invented personal computing. PCD advanced the state-of-the-art with a series of innovations ranging from the very first laptop computers to the latest high-security technologies, such as the built-in "air-bag” that protects data, and biometric identification that protects user identity. PCD created the icon of notebook computing, the ThinkPad, and the unique software tools, known as ThinkVantage Technologies, which increase user productivity.In 1984, not long after PCD was founded, 11 computer scientists in Beijing, China also had a vision – to create a company that would bring the advantages of information technology to the Chinese people. With RMB200,000 (US$25,000) in seed money and the determination to turn their research into successful products, the 11 engineers and researchers set up shop in a loaned space – a small, one-story bungalow in Beijing. The company they founded, Legend, opened the new era of consumer PCs in China.
Since it was established, the company has affected the lives of millions of Chinese: It first introduced PCs to households, then promoted PC usage in China by establishing retail shops nationwide. It also developed the pioneering Legend Chinese Character Card that translated English operating software into Chinese characters, and achieved breakthroughs like PCs with one-button access to the Internet.By 1994, Legend was trading on the Hong Kong Stock Exchange; four years later, it produced its one-millionth personal computer. In 2003, Legend changed its brand name to Lenovo, taking the "Le" from Legend, a nod to its heritage, and adding "novo," the Latin word for "new," to reflect the spirit of innovation at the core of the company. The company name changed from Legend to Lenovo a year later.In 2003, Lenovo introduced a self-developed collaborative application technology, which heralds the important role Lenovo is going to play in the 3C era (computer, communications and consumer electronics). These and other market-leading personal computing products catapulted Legend to a leadership position in China for eight consecutive years with over 25% market share in 2004.Today, these two visionary companies are united under the Lenovo name. With Lenovo's landmark acquisition of IBM's Personal Computing Division in May 2005, the new Lenovo is a leader in the global PC market, with approximately $13 billion in annual revenue, and products serving enterprises and consumers the world over.Our values Lenovo and its employees are committed to four company values that are the foundation for all that we do: • Customer service: We are dedicated to the satisfaction and success of every customer. • Innovative and entrepreneurial spirit: Innovation that matters to our customers, and our company, created and delivered with speed and efficiency.• Accuracy and truth-seeking: We manage our business and make decisions based on carefully understood facts.• Trustworthiness and integrity: Trust and personal responsibility in all relationships.
A Heritage of Innovation and Excellence
Legend's entrepreneurial spirit and PCD's track record of breakthroughs live on in today's Lenovo, an IT giant with global reach, competing worldwide.Globally, the company offers customers the award-winning ThinkPad notebooks and ThinkCentre desktops, featuring the ThinkVantage Technologies software tools, as well as ThinkVision monitors and a full line of PC accessories and options. The Think family is consistently ranked as the undisputed premium-brand leader in the global PC industry, with products rated "best-in-class” and "number one” in survey after survey. No other family of personal computers has won as much recognition.
In China, Lenovo commands more than one-third of the PC market, covering all segments. Its leading-edge PCs are highly acclaimed for their user-friendly, tailor-made designs and customized solutions for various customer needs, including the Tianjiao and Fengxing consumer desktops and Yangtian and Kaitian enterprise desktops. Lenovo also has a broad and expanding product line encompassing mobile handsets, servers, peripherals and digital entertainment products for the Chinese market.
Allied with IBM to Offer a Total Solutions Portfolio
Lenovo and IBM have a strategic alliance designed to provide a best-in-class experience for enterprise customers. The companies have entered into significant, long-term agreements that give customers preferred access to IBM's world-class customer service organization and global financing offerings, and that enable Lenovo to take advantage of IBM's powerful worldwide distribution and sales network.
Lenovo's customers are able to count on the entire IBM team – including sales, services and financing – for access to IBM's legendary end-to-end IT solutions. As part of a five-year commitment, IBM will also provide Lenovo with warranty services and offer Lenovo customers leasing and financing arrangements. Through this long-term relationship, customers will receive the best products with the lowest total-cost-of-ownership.
Rich in Research & Development Talent
Customers of the new Lenovo will benefit from the union of PCD's and Lenovo's extraordinary R&D capabilities. Lenovo's global research and development centers in China, Japan and the US have produced some of the world's most important advances in PC technology. The company is rich in talent, with teams who have won hundreds of technology and design awards – including more than 2,000 patents – and introduced many industry firsts. And many more are on the way.
The goal of Lenovo's R&D team is ultimately to improve the overall experience of PC ownership while driving down total cost of ownership. In turn, this commitment distinguishes Lenovo from its competitors and attracts PC customers who demand the increased productivity that real innovation provides.
A Good Neighbor, Next Door and Around the World
Lenovo is committed to being a responsible and active corporate citizen, consistently working to improve its business while contributing to the development of society. Lenovo believes that business is an integral part of society and it is dedicated to working together with its employees and local communities to improve the quality of life at work and at home.In 2003, at the height of the SARS epidemic in China, Lenovo donated funds to support the prevention of the disease, with employees
voluntarily raising additional donations for this important cause. And, in 2005, the company donated funds to South Asian countries devastated by the tsunami.Lenovo also has been a major supporter of sports and physical fitness in China. In 1999, the company sponsored the Chinese national women's soccer team and two years later sponsored Beijing's successful bid to host the 2008 Olympic Games.A tradition of social responsibility and corporate philanthropy is another shared value common to both PCD and Lenovo. PCD has donated ThinkPad notebooks and ThinkCentre desktops to a wide variety of nonprofit organizations around the world, and its employees have also donated thousands of volunteer hours to local causes.
An Olympic Partner for the Turin and Beijing Games
Thinking globally, in 2004, Lenovo became the first Chinese company to join the Olympic Partner Program. As a worldwide sponsor with the International Olympic Committee, the company will be a major supplier of computing equipment – such as
desktop and notebooks computers and servers – and funding in support of the 2006 winter games in Turin, Italy and the 2008 summer games in Beijing, China। This major sports marketing initiative will help introduce the Lenovo brand around the globe.
The key to our success at Lenovo is attracting high quality employees. With that in mind, we offer a market-competitive salary and benefits package that may include:
Health care options
Pension
Life insurance
Holidays
Cadbury UK transfer some manufacturing to Poland.
Cadbury UK transfer some manufacturing to Poland.
Staff from Keynsham joined their fellow workers at Bournville
Cadbury's workers have been holding a protest in the West Midlands over plans to close a company factory.
Staff from the threatened Somerdale factory in Keynsham, near Bristol, joined workers outside the Bournville plant to promote their campaign.
They handed over a letter thanking fellow workers for their support.
In October, the company announced plans to shut Keynsham, restructure Bournville and transfer some manufacturing to Poland.
Cadbury's plans will mean the loss of 500 jobs at the Keynsham site by 2010.
A further 200 jobs would also be cut at the Bournville plant.
Unite convenor Andy Nicholls said Cadbury bosses needed to know their workers and consumers opposed the job losses and the "environmental havoc" of transferring work to Poland.
Sites at Chirk, Wales, and Marlbrook, Herefordshire, will be unaffected।
Sitemap
Home
Search
Sitemap
About Chocolate
History of Chocolate
Cocoa And Maya Civilisation
The Aztec Empire
Don Cortes
First Cocoa Makers
Chocolate Across Europe
Chocolate Houses
Drinking Chocolate
First Chocolate For Eating
History of Cadbury
Cadbury - Social Pioneers
The Founding Of The Cadbury Business
The Victorian Industrial Scene
Moving To Bournville
Bournville Village
Bournville Development
The Bournville Village Trust
The Trust Today
Welfare Of Employees
Worker Education Schemes
Facilities
Employee Participation
Planning And Layout
The Factory In A Garden
John Cadbury's Reforms
Key Events - The Cadbury Business
Manufacture Of Drinking Chocolate
Cadbury Brothers - 1847
Cadbury Brothers - 1861
Cocoa Essence - 1866
Cadbury Chocolate Box
Cadbury Brothers - 1899
Cadbury Dairy Milk - 1905
Cadbury Milk Tray - 1915
Cadbury World Map
Cadbury Milestones
1750 - 1799
1760
1768
1790
1794 Richard Tapper came to Birmingham
1800 - 1849
1800
1802
1820
1824
1830
1831
1840
1842
1847
1849
1850 - 1899
1850
1854
1860
1860
1864
1865
1869
1870
1873
1875
1878
1879
1880
1886
1887
1889
1890
1895
1896
1897
1898
1899
1900 - 1949
1900
1900
1902
1905
1906
1908
1910
1910
1911
1913
1914
1915
1916
1919
1920
1920
1922
1923
1924
1928
1929
1930
1932
1933
1934
1936
1938
1939
1940
1948
1950 - 1999
1950
1958
1950 - 1999
1960
1960
1967
1969
1970
1970
1971
1976
1980
1983
1985
1987
1988
1989
1990
1990
1992
1993
1996
1999
Present Day
2000
2001
2002
Product Info
Cadbury Dairy Milk
Cadbury Dairy Milk Melts
Cadbury Dairy Milk with Creme Egg
The Range
Heroes
Milk Tray
Crunchie
Double Decker
Picnic
Bournville
backbutton
Bournville Deeply Dark
comp_thankyou
competition
Details Form
html
comp_thankyou
competition
deeplydark
form
Index
login
new_form
poetry
register
story
terms
thankyou
Tour Dates
login
register
sample
terms
Thankyou
Cadbury Dairy Milk
CDM_Exit
CDM_Terms
Cadbury Share Boxes
Creme Egg
Competition
Games
Goo Game
Goo T's & C's
Goo Tube
Gooey Extras
Leaving
No Flash
Terms and Conditions
Terms and Conditions
Win Eggs
Flake
Flake
Flake No Flash
Products
Flake Html
Flake Products
Hot Chocolate
Melts
Game
Game html
Melts html
Music
Poll
Poll html
Products
Thank You
Wispa
Home
Your 80s style
Win ultimate 80s prizes
Wispa back in the day
Hall of shame
Wispa FM
Fun & Stuff
My Way Podcast
About Podcasts
Episode Schedule
Terms & Conditions
Competition
Into The Goove
ForwardToAFriend
Into The Goove
Pairs Game
Flash Game
Non-flash Game
Fun Cards
Collect Fun Card
Chocolate Machine
Splurge
Kitchen & Lifestyle
Product Guide
Nutrition Info
Definitions
Recipes
Party Food
Chocolate and Butter Icing
Halloween Magic
Stockade Cake
Desserts
Bananaroon Cups
Bournville Mocha Chocolate Mousse
Flake Cheesecake
Magical Mousse Dessert
Pancake Clouds
Snowy Mountain Pudding
Chocolate Cakes
Beehive Chocolate Cake
Chocolate Bakewell Tart
Chocolate Banana Pie
Chocolate Layer Pie
Citrus Squares
Flip Triangle
Harvest Slice
Magic Flake Cake
Tropical Treat
Truffle Temptation Cake
Hot Puddings
Harvest Slice
Tropical Temptation
Biscuits and Cookies
Viennese Whirls
Chocolate Treats
American Fudge Cake
Memorable Mousse Cake
Rich Chocolate Mousse
Tiramisu Crown
Learning Zone
Case Study
Background
Product Development
The Launch
Resource Packs
Visit to Cadbury World
Market Review
Information & Careers
Recall Statement
Double Choc FAQs
Press Releases
Community News
Back to School
Bournville Art Project
Cadbury World organises get active fun run
Cadbury Charity Effort for Rare Bone Disease
Cadbury Donation to "We Want Our Pool" Appeal.
Cadbury employees support homeless charity
Cadbury gets Active!
Cadbury support cancer charity with a fundraiser
Cadbury Trebor Bassett Activity Fund Support
Cadbury Trebor Bassett Team Lend a Hand
Cadbury Trebor Bassett welcomes the Big Issue
Cadbury World fun run
Christmas Comes Early
CTB tackles ground force
Environmental honours for Cadbury Trebor Bassett
Everything's Coming Up Roses!
Feast Your Eyes On This
Fishy Project for Cadbury Employees
Fresh Start for Fireside Day Centre
Get Active at the UK's biggest activity day
Get Active Fund supports cricket club
Ground Force!
It may be for charity but they're still boy racers!
Local hospital pleased following Cadbury support
On your bike
Sales Team Set To Create A Pond Dipping Area
Shhh Don't tell anyone
Special Nest Egg for Tiny Lives Campaign
Spotty idea wins top prize
Sweet Challenge
The big freeze
Views From Around The World
Weston Park Hospital Cancer Appeal
General News
107 Candles on the cake for Cadbury's oldest pensioner!
108 Reasons to Celebrate
7pm is officially British Happy Hour
Are men becoming soft centred?
Audley Harrison steps into the ring with Cadbury
Cadbury Dairy Milk Centenary to be a Big year
Cadbury Schweppes wins most admired company award
Chocs away for Paula Radcliffe
Elliot and Alistair the Chocolate Tankers
Get Active at the UK's biggest activity day
Northerners are the happiest ...
Pursuit of happiness costs UK over £96 billion a year
RSVP ... 44 years later!!
Scientists of the future
Sharing Centenary Celebrations
Product News
Cadbury Dairy Milk Miniatures Advent Calendar product recall
Cadbury Milk Tray relaunches with extra umm and aahh
Cadbury Trebor Bassett offers chance to Get Minted
Launch of four new flavours
Product News: New Cadbury Dairy Milk Wafer
The Five Bars of Christmas
UK first energy stimulant chocolate launches in UK
Fact Sheets
In The Community
Why We Invest In Our Communities
Community Focus
How We Contribute
The Cadbury Schweppes Foundation
Awards And Recognition
More Cadbury Links
Recruitment
Graduate Recruitment
Sales Roles
Field Sales Solutions
Talk To Us
Contact Us
Online Feedback
Nutrition
Registration
Rate Our Site
FAQ's
American Weights And Measures
Cadbury And GM Technology
Cocoa Working Practices
Consumer Health, Ingredients & Marketing FAQs
The Get Active Debate
Where Can I Buy ....?
Legal Information
Terms of Use
Copyright
Privacy Policy
Accessibility Policy
Melts T&Cs
My Account
Edit Personal Data
Staff from Keynsham joined their fellow workers at Bournville
Cadbury's workers have been holding a protest in the West Midlands over plans to close a company factory.
Staff from the threatened Somerdale factory in Keynsham, near Bristol, joined workers outside the Bournville plant to promote their campaign.
They handed over a letter thanking fellow workers for their support.
In October, the company announced plans to shut Keynsham, restructure Bournville and transfer some manufacturing to Poland.
Cadbury's plans will mean the loss of 500 jobs at the Keynsham site by 2010.
A further 200 jobs would also be cut at the Bournville plant.
Unite convenor Andy Nicholls said Cadbury bosses needed to know their workers and consumers opposed the job losses and the "environmental havoc" of transferring work to Poland.
Sites at Chirk, Wales, and Marlbrook, Herefordshire, will be unaffected।
Sitemap
Home
Search
Sitemap
About Chocolate
History of Chocolate
Cocoa And Maya Civilisation
The Aztec Empire
Don Cortes
First Cocoa Makers
Chocolate Across Europe
Chocolate Houses
Drinking Chocolate
First Chocolate For Eating
History of Cadbury
Cadbury - Social Pioneers
The Founding Of The Cadbury Business
The Victorian Industrial Scene
Moving To Bournville
Bournville Village
Bournville Development
The Bournville Village Trust
The Trust Today
Welfare Of Employees
Worker Education Schemes
Facilities
Employee Participation
Planning And Layout
The Factory In A Garden
John Cadbury's Reforms
Key Events - The Cadbury Business
Manufacture Of Drinking Chocolate
Cadbury Brothers - 1847
Cadbury Brothers - 1861
Cocoa Essence - 1866
Cadbury Chocolate Box
Cadbury Brothers - 1899
Cadbury Dairy Milk - 1905
Cadbury Milk Tray - 1915
Cadbury World Map
Cadbury Milestones
1750 - 1799
1760
1768
1790
1794 Richard Tapper came to Birmingham
1800 - 1849
1800
1802
1820
1824
1830
1831
1840
1842
1847
1849
1850 - 1899
1850
1854
1860
1860
1864
1865
1869
1870
1873
1875
1878
1879
1880
1886
1887
1889
1890
1895
1896
1897
1898
1899
1900 - 1949
1900
1900
1902
1905
1906
1908
1910
1910
1911
1913
1914
1915
1916
1919
1920
1920
1922
1923
1924
1928
1929
1930
1932
1933
1934
1936
1938
1939
1940
1948
1950 - 1999
1950
1958
1950 - 1999
1960
1960
1967
1969
1970
1970
1971
1976
1980
1983
1985
1987
1988
1989
1990
1990
1992
1993
1996
1999
Present Day
2000
2001
2002
Product Info
Cadbury Dairy Milk
Cadbury Dairy Milk Melts
Cadbury Dairy Milk with Creme Egg
The Range
Heroes
Milk Tray
Crunchie
Double Decker
Picnic
Bournville
backbutton
Bournville Deeply Dark
comp_thankyou
competition
Details Form
html
comp_thankyou
competition
deeplydark
form
Index
login
new_form
poetry
register
story
terms
thankyou
Tour Dates
login
register
sample
terms
Thankyou
Cadbury Dairy Milk
CDM_Exit
CDM_Terms
Cadbury Share Boxes
Creme Egg
Competition
Games
Goo Game
Goo T's & C's
Goo Tube
Gooey Extras
Leaving
No Flash
Terms and Conditions
Terms and Conditions
Win Eggs
Flake
Flake
Flake No Flash
Products
Flake Html
Flake Products
Hot Chocolate
Melts
Game
Game html
Melts html
Music
Poll
Poll html
Products
Thank You
Wispa
Home
Your 80s style
Win ultimate 80s prizes
Wispa back in the day
Hall of shame
Wispa FM
Fun & Stuff
My Way Podcast
About Podcasts
Episode Schedule
Terms & Conditions
Competition
Into The Goove
ForwardToAFriend
Into The Goove
Pairs Game
Flash Game
Non-flash Game
Fun Cards
Collect Fun Card
Chocolate Machine
Splurge
Kitchen & Lifestyle
Product Guide
Nutrition Info
Definitions
Recipes
Party Food
Chocolate and Butter Icing
Halloween Magic
Stockade Cake
Desserts
Bananaroon Cups
Bournville Mocha Chocolate Mousse
Flake Cheesecake
Magical Mousse Dessert
Pancake Clouds
Snowy Mountain Pudding
Chocolate Cakes
Beehive Chocolate Cake
Chocolate Bakewell Tart
Chocolate Banana Pie
Chocolate Layer Pie
Citrus Squares
Flip Triangle
Harvest Slice
Magic Flake Cake
Tropical Treat
Truffle Temptation Cake
Hot Puddings
Harvest Slice
Tropical Temptation
Biscuits and Cookies
Viennese Whirls
Chocolate Treats
American Fudge Cake
Memorable Mousse Cake
Rich Chocolate Mousse
Tiramisu Crown
Learning Zone
Case Study
Background
Product Development
The Launch
Resource Packs
Visit to Cadbury World
Market Review
Information & Careers
Recall Statement
Double Choc FAQs
Press Releases
Community News
Back to School
Bournville Art Project
Cadbury World organises get active fun run
Cadbury Charity Effort for Rare Bone Disease
Cadbury Donation to "We Want Our Pool" Appeal.
Cadbury employees support homeless charity
Cadbury gets Active!
Cadbury support cancer charity with a fundraiser
Cadbury Trebor Bassett Activity Fund Support
Cadbury Trebor Bassett Team Lend a Hand
Cadbury Trebor Bassett welcomes the Big Issue
Cadbury World fun run
Christmas Comes Early
CTB tackles ground force
Environmental honours for Cadbury Trebor Bassett
Everything's Coming Up Roses!
Feast Your Eyes On This
Fishy Project for Cadbury Employees
Fresh Start for Fireside Day Centre
Get Active at the UK's biggest activity day
Get Active Fund supports cricket club
Ground Force!
It may be for charity but they're still boy racers!
Local hospital pleased following Cadbury support
On your bike
Sales Team Set To Create A Pond Dipping Area
Shhh Don't tell anyone
Special Nest Egg for Tiny Lives Campaign
Spotty idea wins top prize
Sweet Challenge
The big freeze
Views From Around The World
Weston Park Hospital Cancer Appeal
General News
107 Candles on the cake for Cadbury's oldest pensioner!
108 Reasons to Celebrate
7pm is officially British Happy Hour
Are men becoming soft centred?
Audley Harrison steps into the ring with Cadbury
Cadbury Dairy Milk Centenary to be a Big year
Cadbury Schweppes wins most admired company award
Chocs away for Paula Radcliffe
Elliot and Alistair the Chocolate Tankers
Get Active at the UK's biggest activity day
Northerners are the happiest ...
Pursuit of happiness costs UK over £96 billion a year
RSVP ... 44 years later!!
Scientists of the future
Sharing Centenary Celebrations
Product News
Cadbury Dairy Milk Miniatures Advent Calendar product recall
Cadbury Milk Tray relaunches with extra umm and aahh
Cadbury Trebor Bassett offers chance to Get Minted
Launch of four new flavours
Product News: New Cadbury Dairy Milk Wafer
The Five Bars of Christmas
UK first energy stimulant chocolate launches in UK
Fact Sheets
In The Community
Why We Invest In Our Communities
Community Focus
How We Contribute
The Cadbury Schweppes Foundation
Awards And Recognition
More Cadbury Links
Recruitment
Graduate Recruitment
Sales Roles
Field Sales Solutions
Talk To Us
Contact Us
Online Feedback
Nutrition
Registration
Rate Our Site
FAQ's
American Weights And Measures
Cadbury And GM Technology
Cocoa Working Practices
Consumer Health, Ingredients & Marketing FAQs
The Get Active Debate
Where Can I Buy ....?
Legal Information
Terms of Use
Copyright
Privacy Policy
Accessibility Policy
Melts T&Cs
My Account
Edit Personal Data
Subscribe to:
Comments (Atom)