First American Scientific Corp. (fka FASC)

[ptrey]

TRCPA...Looks like FASC was right with their decision to do business in POLAND...The center for business in Eastern Europe imo:

http://www.wbj.pl/?command=article&id=27716&

29th July 2005

Poland tops Europe, ranks fourth in world for investment attractiveness

From Poland A.M.

According to Ernst & Young's (E&Y) European Attractiveness Survey, Poland holds the fourth place in the world and the first in Europe with respect to attractiveness for investments.

"Our attractiveness was indicated by 17% of respondents which allowed us to overtake the three best European countries so far (Germany, the United Kingdom and France), informed Danuta Janczak, the deputy president of E&Y's board. Poland won first place for the cost of labor (17% of positive marks) and the accessibility of industrial centers (12%) as well as second place for the potential growth of labor force productivity (13%). It was also the leader with respect to investment plans. "In comparison with 2004, the plans for investments in Poland doubled (it was indicated by 16% of investors as compared to 8% in 2004)," revealed Janczak. However, "the most important thing is to translate this interest into real investments," stated Sebastian Mikosz, the deputy president of the Polish Information and Foreign Investment Agency. "There has never been problems with the perception of Poland. It is worse with the instruments supporting the investments in practice," he added. (Puls Biznesu, pp. 1, 9) E.B.