Investments In Poland: New jobs

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Sunday, 22 January 2012

NEWS

151 investment projects

Polish Information and Foreign Investment Agency has currently been running 151 investment projects worth jointly EUR 5.7 billion which may generate nearly 40 thousand new jobs.

The majority of the investments comes from the US: 43 projects worth jointly EUR 1.38 billion will create 8547 new jobs. On the second place there is United Kingdom (16 projects, total value EUR 373 million, 5802 new jobs). Third is Germany (16 projects, EUR 525 million, 4527 jobs) followed by China (10 projects worth EUR 207 million, 1271 jobs).
Among the most popular sectors the first place is taken by the automotive (29 projects, total value of EUR 1.9 billion, 11444 jobs), followed by the BPO (28 projects, EUR 27 million 6457 jobs), the machine sector (11 projects, EUR 654 million, 2909 jobs) and R&D (8 projects worth EUR 11,1 million, 795 jobs).

Franck Boston- Fotolia.com

The inflow of foreign direct investments (FDI) to Poland in the period of January-November 2011 amounted to EUR 9.38 billion - 3.2 bn (54%) more than in the previous year. (PAIiIZ/MG)

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5th International Conference and Exhibition AIRPORT 2012

On February 16th 2012, at Warsaw Palace of Culture and Science, the Polish Monthly RAPORT, Skrzydlata Polska Aviation Magazine and Warsaw Exhibition Board S.A. organize the International Conference and Exhibition AIRPORT 2012.

This initiative is aimed at promoting and popularising issues connected with the plans for building, modernizing, and equipping airports as well as airport infrastructure and related infrastructure in Poland.

Among the invited guests there are: representatives of the government, local government and cities; authorities, boards of regional airports, airline representatives, companies operating in the construction, IT and aviation sectors.

The programme of this-year’s event includes: new technologies and trends in the managing of air traffic control in Europe, airport expansion, new terrorists threats to air traffic and its development in Europe and technologically advanced means of prevention.

More information: Agnieszka Nieradko, +48 22 8496006. (ZTW)

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Sunday, 9 October 2011

Investments in Poland - investments in success

The inflow of the foreign direct investments (FDI) reflects the economic situation in the world. It rises in the times of economic prosperity and falls in the time of crisis. But even in the time of global economic slowdown Poland maintained the leading position in terms of investment attractiveness.

In the years 2007-2010 the inflow of foreign direct investments to Poland was in all these years positive. Despite the global crisis, Poland remained one of the most attractive investment locations and according to UNCTAD it has improved its position among the largest EU countries receiving FDI: from the 11th position in 2007 rising to 8th in 2010.

In term of the FDI inflow structure in the years 2007-2010, only in 2008 reinvested profits were negative. As a result of the economic crisis foreign companies did not reinvest their profits in the business in Poland but they allocated the savings in the parent companies operating in the markets more affected by the crisis. In 2009 the situation has returned to the state before the economic turmoil - reinvested profits accounted to 42% of the total inflow (40% in 2007). Recently the National Bank of Poland (NBP) again pointed to the trend of transferring profits earned by investors abroad.

During a conference at PAIiIZ Poland's Deputy Prime Minister Mr Pawlak, PAIiIZ President Mr Majman, President of Pilkington Automotive Poland Mr Jania and President of Indesit Poland Mr Melone discussed the current condition of investments in Poland

Polish Information and Foreign Investment Agency, however, has not noted fall in investment project. In the first ten months of 2011 the Agency closed already 45 investments worth over 1 billion euros, which will create almost 9 thousand new jobs. The value of the new projects already exceeds the result achieved throughout the whole 2010. In the last 3 years 131 foreign companies supported by PAIiIZ opted for investments worth a total of 2.6 billion euros and employed over 28 thousand people. Among the investors, the Americans, Swedes and French were dominating. The most popular sector was the BPO and R&D, automotive and machinery. 24,5% of the investment value closed by PAIiIZ went to the Lower Silesia voivodeship, 14,5% to Mazovia and 10% to the Wielkopolska region. Over 1/3 of all the investors located their investments in the special economic zones.

PAIiIZ’s participation in the investment project in Poland in the years 2009-2011 was 14%. The Agency supported companies such as: Cargotec, Ikea, Pilkington, Goodrich, MTU, Indesit, 3M, Cadbury, ABN Amro, Nordea, HP and Geoban.

Currently the Agency services 150 investment projects with a total value of 5,9 billion euros which declare over 45 800 new jobs. The dominated investors come from the USA, Great Britain and China and from the BPO, automotive and machinery sector.

UNCTAD predicts that FDI inflow in the world will return to the pre-crisis level in 2011. Meanwhile, the investors are looking for locations burdened with the lowest risk. In the forefront of these countries is Poland. In the latest UNCTAD report Poland took 6th place in the world in terms of investment attractiveness. (PAIiIZ)

Thursday, 6 October 2011

PAIiIZ helps new investors enter the Polish market

Within the last three weeks the Agency closed 9 new investment projects.

As of September 27^th, 2011 the Polish Information and Foreign Investment Agency supports the development of 150 investment projects jointly worth EUR 5.9 billion which may generate 45,857 jobs.

No changes were recorded in the group of investors who constitute the most numerous group interested in investing in Poland - still Americans head the ranking with 39 projects from the USA.

The 39 American projects are jointly worth EUR 1.14 billion and are expected to generate 8,384 new jobs.

The second most numerous group of projects run by PAIiIZ by country constitute projects from the UK (15 projects worth EUR 323.8 million and expected 6,032 jobs). The UK is followed by China (15 projects, EUR 251.5 million and jobs for 2,246 people), Germany (12 projects), North Korea and Japan (10 from each of the countries).

Also the automotive sector is still the most attractive - we have currently been running 28 automotive projects which are worth EUR 2.13 billion and are expected to generate 14,721 jobs. The second most popular sector is BPO - we have now 24 projects located in the field. Investment outlays in the projects reach EUR 36 million with 8,841 possible jobs. Moreover, we run projects in the machine industry (13, EUR 675.8 million, 3,436 jobs) ICT (8 projects) and the electronic and chemical sectors (7 project in each of the industries).

Last three weeks saw 9 projects finalised and a start of negotiations with 3 new investors. Thanks to the recently closed projects, foreign companies will invest in Poland EUR 96.4 million. The projects should generate jobs for 490 people.

In 2011 the Agency has already closed 45 investment projects worth over EUR 1 billion. The projects will create 9,000 jobs.(PAIiIZ)

Copyright Yuri Arcurs-Fotolia

Saturday, 27 August 2011

Weyerhaeuser starts construction of its first European production facility in Gdańsk

The factory will be the most modern facility of its kind in the world.

On 2 August this year, the ceremony of laying a foundation stone for the construction of a new modified fibres processing facility took place in the premises of Weyerhaeuser Poland Company located at the MASZYNOWA Industrial and Technology Park.

The foundation act of commencing construction works was signed in the presence of the representatives of US Embassy, Gdańsk authorities, the representatives of the Pomeranian Special Economic Zone, and guests. The construction site was consecrated by His Eminence Senior Archbishop Tadeusz Gocłowski. „I am very happy that in this symbolic way we can start the realisation of our investment. I hope that the plant will start its basic production activity in the beginning of 2013.” said Tomasz Włodarczak, Plant Director of Weyerhaeuser Poland, at the ceremony.

The Plant in Gdańsk Kokoszki is the first European investment of the company and the most modern object of this kind in the world.

fot. Weyerheauser

The Weyerhaeuser Company, which was founded in 1900, is a world leader among timber processing companies. It operates in 10 countries and employs over 14,900 employees, mainly in the USA and Canada. Its innovative solutions concerning the use of modified fibres are applied in the production of everyday use hygienic articles. The company was running social actions since 1948 via the Weyerhaeuser Company Foundation, now renamed Weyerhaeuser Giving Fund.

For more information:
Zuzanna Szopowska,
e-mail: z.szopowska@thinkspire.pl,
tel +48 785 340 300,

Tomasz Włodarczak Head of the Weyerhaeuser Poland factory in Poland
tel.: +48 605 880 195,
e-mail: tomasz.wlodarczak@weyerhaeuser.com

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Wednesday, 22 June 2011

Foreign direct investment in Poland on the increase - latest data from the National Bank of Poland and PAIiIZ

Data on this year’s FDI inflow to Poland is very positive. Prospects for FDI inflow in the whole 2011 look promising.

FDI inflow after the first 4 months of the year totalled EUR 5.9 billion. i.e. 23% more than in the same period of the previous year. The figure accounts for 81% of the whole 2010 FDI inflow to the country.

In April balance of foreign investment in Poland was positive and amounted to EUR1.5 billion (EUR 1476 million). This balance comprised: net inflow of equity capital to Polish direct investment enterprises (EUR 742 million), positive reinvested earnings (EUR 670 million), and net inflow of debt instruments (EUR 64 million). The high level of inflow of equity capital indicates that investors start new projects.

As of June 10th, 2011 the Polish Information and Foreign Investment Agency (PAIiIZ) has been running 154 investment development projects worth EUR 5599.86 million which are estimated to generate 36 332 new jobs. The greatest number of projects come from the USA (36), the UK (15), South Korea (14) and China (13). Among sectors it is the automotive sector (25) that results to be the most popular. It is followed by the BPO (24) and the machine sectors (14).

This year PAIiIZ managed to successfully close negotiation processes in 23 projects worth EUR 829.2 million which will create 6084 new jobs. (PAIiIZ)

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Get to know our base of cooperation projects

The new PAIiIZ Base of Cooperation Projects gathers information on projects run by Polish communes, towns, regions and enterprises.

www.paiz.gov.pl/investment_offers. (PAIiIZ)

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Monday, 20 June 2011

Ernst & Young: Poland at the forefront of the most attractive investment destinations in Europe

Poland came third in the number of jobs generated by foreign direct investment (FDI) in 2010 - according to an annual survey of Investment Attractiveness of Europe prepared by the consulting firm Ernst & Young. Announcement of the report took place on June 15^th at the headquarters of the Polish Information and Foreign Investment.

Last year, Poland recorded the highest increase in the number of FDI projects across Europe - 40% more than in 2009. Experts from Ernst & Young say that Poland made a lasting positive impression on the international scene during and after the crisis - Poland was one of the few economies which successfully tackled the crisis what effectively convinces investors that the investment risk may be lower here than in other EU countries. We have also well-qualified staff - particularly in large cities. It is the large number of students and alumni who speak dozens of different languages that made Ernst & Young open its Shared Services Centre this year in Wroclaw. The centre now hires over 200 people - says Duleep Aluwihare, Managing Partner of Ernst & Young Poland.

This view is shared by the President of the Polish Information and Foreign Investment, Sławomir Majman - Positive results of the survey came as no surprise to me. Poland is still perceived as a leader in the region, it has a huge internal market, educated staff and enviable growth. Thus in the race for investment Poland comes ahead of the Central European group. In the latest edition of the E&Y Survey Poland ranks high in terms of the average size of FDI projects. In 2010 one investment project located in Poland tended to create an average of 86.5 jobs, while in countries that ranked ahead of us in terms of the total number of newly created jobs, it was 29.1 in Britain and 26.6 in France. Last year only Hungarians managed to attract larger FDI projects which created on average 97 jobs per project.

In 2010, foreign investors created in Poland 12.4 thousand jobs - more jobs were generated by FDI projects only in the UK and France. Most of the jobs were created by Americans - 3845 what represented over 31% of all jobs created by FDI in Poland in 2010. Despite the fact that they were running only 10 FDI projects in the country, Korean investors hired more than 1.6 thousand people. Third place in this respect was occupied by German companies (943 jobs) and the fourth by entrepreneurs from the UK (926). Paweł Tynel, Director at Ernst & Young drew attention to the growing role of the Swedish capital - The IKEA Group and its subcontractors are active on the Polish market. The company’s investment in Podlasie is a perfect example of IKEA’s appreciation of the market as the factory created 250 jobs.

In 2010, the largest number of FDI projects in Poland was developed in the electronics/domestic appliances sector as well as in the automotive industry - what resulted in the creation of 2.2 and 1.5 thousand jobs respectively. Third place was taken by business services, through which in 2010 there were more than 830 jobs created.

The Ernst & Young report shows that Europe is the second, after China, most attractive investment direction. The number of FDI projects in 2010 on the Old Continent has increased by a total of 14% compared with 2009 and amounted to 3757. The projects created in Europe over 137 thousand jobs. Americans turned out to be the engine of growth across the continent as the U.S projects generated 37.9 thousand jobs, more than double the number of jobs created by German companies (17.5 thousand). (Ernst & Young)