Wednesday, 11 January 2012

ANALYSES AND REPORTS




The percentage of Polish entrepreneurs who plan to increase the employment is still higher then of those expecting reductions. The majority of companies expects no change in the level of employment.
Of the 750 Polish employers surveyed 14 percent expect to add to their workforces in the coming quarter, 11 percent plan reductions and 71 percent expect no change in payrolls in the January-March time frame.
The strongest optimism for 1st quarter of 2012 is reported by employers from the Transport, Storage & Communication and Finance & Business Services industry sectors. Job seekers in the Construction (+8%) industry sector may also expect some offers in the quarter ahead; the Outlook declines slightly from previous quarter, but improves from Q1 2011 by 8 percentage points, suggesting employers may be moderately more confident in their ability to justify adding to their payrolls compared to last winter season.
Regional Outlooks are modest and indicate the first-quarter hiring pace will slow. Positive hiring intentions are reported in five of the six regions. The strongest regional Outlook is reported in the South region (+7%). (Manpower Group)


According to HSBC Global Research Poland offers the cheapest equities in the CEE.
The authors of HSBC report “Mispriced. CEEMEA equity projections” find Polish valuations among the cheapest on emerging markets what bears testimony to its attractiveness and great investment opportunities compared to the rest of Europe.
Furthermore, the HSBC’s experts note relatively good macroeconomic data: remarkably steady growth, inflation and interest rates under control.
Valuations are attractive by historical standards, and both domestic and foreign liquidity could provide support.
In 2011 EPS (Earning per Share) growth is 27,7%, while the forecasts for EMEA is 20,5%, and for emerging markets 10,4%.
Our key overweights are Russia, Turkey and Poland - the HSBC’s analysts report - we are reducing Hungary to neutral. Czech and Egypt stay neutral(HSBC)

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Friday, 6 January 2012

Why Poland?


Polish Information and Foreign Investment Agency in co-operation with PwC consulting company released second edition of Why Poland - guide for foreign investors.
The publication presents Poland as an ideal location for investments pointing out country’s economic stability, educated people, strategic location and investment incentives. It includes also the information on Poland’s strategic sectors - e.g. automotive, BPO, aviation, IT, electronics and R&D.

From the left: Olga Grygier-Siddons - President of PwC in Poland, Sławomir Majman - President of PAIiIZ, Marek Łyżwa - Vicepresident of PAIiIZ

Why Poland is published in English. The electronic version is available here: www.paiz.gov.pl/publications/about_poland.
The publication was presented during the conference which was held on December 13th at the PAIiIZ premises. Among the speakers there were: Undersecretary of the Ministry of Economy Ms Ilona Antoniszyn-Klik, Bridgestone Board Member Mr Takayasu Iwata, professor Witold Orłowski, Director at PwC Adam Żołnowski and Tobiasz Kowalski from Samsung Electronics Poland Manufacturing. (PAIiIZ)

From the left: Takayasu Iwata - Bridgestone Board Member, Adam Żołnowski - Director at PwC, professor Witold Orłowski, Ms Ilona Antoniszyn-Klik - Undersecretary of the Ministry of Economy, Tobiasz Adam Kowalczyk - Samsung Electronics Poland Manufacturing, Sławomir Majman - President of PAIiIZ

Friday, 2 December 2011

Invest in Poland


Polish Information and Foreign Investment is currently 159 investments worth a total of 6.47 billion euros, which can create 42 200 jobs.
The main directions of investment flows remain unchanged: The Agency supports 43 projects American, 17 British, 15 German, 11 in South Korea and 10 from China and Japan. Change is not well in the popular sectors include 31 projects for the automotive industry, 29 for shared services sector, 11 for mechanical, electronic and 9 to 8 to R & D and ICT.
Until the end of November 2011. Agency completed 51 investment projects worth a 135 million - a 187% value achieved in the period January - November 2010, the investments will create 10,117 Closed jobs, or about 8% more than in the corresponding period last year Most projects come from the USA (12), Japan (5) and China, France and South Korea (after 4). Among them are China's largest employer (mentioned 4 projects will create 2,853 jobs), and the biggest investor in Japan (Japanese investments this year are worth a total of 176 million euros).
Among the investors who decided this year to operate in Poland, 16 represents the BPO sector and R & D, 8 automotive, food and 5. Investments in the services sector do not involve high capital expenditure - here leads the automotive (595.4 million euros this year), but they create the most jobs (2490).
Most projects in this year went to the province of Lower Silesia, Małopolska, Wielkopolska and the Lodz. 33% of all investments closed by PAIiIZ was invested in special economic zones.
Among the projects closed by PAIiIZ are multinationals such as PriceWaterhouseCoopers, Nordea, BNP Paribas, Credit Suisse, 3M, TRW Automotive, Pilkington and Gedia.

More information: www.paiz.gov.pl (PAIiIZ )


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Wednesday, 16 November 2011

Investor at the Kraków Technology Park increases employment


Ericpol Telecom a company active in the Park launches a new recruitment process and plans to hire 250 persons over the next few months.
This year the company has hired over 200 engineers but the demand on Polish specialist has been growing. By the end of 2012 the company will hire experienced programmers, analysts, testers and graduates of IT and electronic faculties. Due to the fact that future Ericpol Telecom employees will have to cooperate with international teams, the employees have to know English.
Ericpol is the biggest Polish IT exporter and provider of outsourcing and consulting services. The company has production centers in Belarus, Ukraine and Sweden. At the moment Ericpol hires 1200 people. (KPT)

Financial Times
On November 2nd, 2011 Financial Times issued a special report “Investing in Poland” . The Polish Information and Foreign Investment Agency cooperated with the Financial Times in the field of Poland's promotion in the report.
The report which provides useful information concerning investment conditions in Poland has been issued by FT for several years now.
This year PAIiIZ like in previous editions of the report cooperated with FT.
We helped publish a text Poland: A haven for investors by the Deputy Prime Minister and Minister of Economy, Mr Waldemar Pawlak.




The report is available for download:

www.ft.com/cms/s/2/70beb51a-0429-11e1-98bc-00144feabdc0.pdf
                                   
(PAIiIZ)

Thursday, 27 October 2011

16 new investment projects at PAIiIZ


The Polish Information and Foreign Investment Agency has currently been running 161 development projects. Within the last 3 weeks the Agency started 16 new projects.
The projects we have now been supporting are jointly worth EUR 6027.64 million. Investors declare to create 47,849 new jobs.
No changes were recorded in the group of investors who constitute the most numerous group interested in investing in Poland - still Americans top the ranking with 42 projects. The projects from the USA are jointly worth EUR 1.1 billion and are expected to generate 10,035 new jobs. The second most numerous group of projects run by PAIiIZ by country constitute projects from the UK (17 projects worth EUR 377.8 million and expected 6,252 jobs). The UK is followed by Germany (14 projects, EUR 481.8 million and possible jobs for 4,422 people), China (12 projects), South Korea (11) and Japan (10).

Copyright: nyul-Fotolia.com

The most popular sector to invest in is the automotive industry (31 projects worth EUR 2283 million and 15,132 jobs), BPO (29 projects worth over EUR 33 million and jobs for 9,372 people) and the machine industry (13 projects worth EUR 677.8 million, 3,496 jobs). Moreover, investors often choose Poland to locate here their projects in the electronic sector and in ICT (PAIiIZ runs 8 projects in each of the sectors).
In 2011 the Agency has already closed 45 investment projects worth a total of EUR 10642.2 million. Thanks to the projects there will be 8, 996 jobs created in the country.
Data published by the National Bank of Poland (NBP) shows that FDI inflow to Poland between January and August 2011 reached EUR 5.2 billion (EUR 5.229 million) what accounts for 128% of FDI inflow recorded in the same time of the previous year and 78% of the whole inflow of 2010. (PAIiIZ)