Investments In Poland

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

Sunday, 2 October 2011

ANALYSES AND REPORTS

Special Economic Zones after 2020

The Ernst & Young report: "Special Economic Zones after 2020 - analysis of the SEZ up to date activity and consequences of their future functioning" was presented on September 28^th, 2011 at the Ministry of Economy.

The Report, which was prepared by a team led by Paweł Tynel - Director of the Grants and Incentives Advisory Services at E&Y, presents the influence Polish SEZ have on economic condition of regions and puts forward solutions concerning the functioning of SEZs after 2020. Entrepreneurs’ opinions concerning the functioning of the zones were gathered in a survey conducted among 215 companies active in all 14 zones in Poland. The companies were active in all the major sectors of the economy.

Since the establishment of the first SEZ in Poland, i.e. 1995 the managements of the zones issued 1354 business activity permissions. The joint value of investments developed within the SEZs totalled PLN 73.2 billion and the number of new jobs created thanks to the projects reached 167,141.

The E&Y analysis proves that regions which host a special economic zone have on average a lower unemployment rate - from 1.5 to 2.9 percentage point and higher GDP 3.9% - 7.5%.

The survey shows that over 50% of the investors who have currently been running business in the zones do not consider establishing new projects if the zones are to exist only by 2020. At the same time the percentage of those who declare to start new projects should the zones exist after 2020, reaches 81%. As many as 96.7% of the surveyed named the CIT exemption as the major advantage which encouraged them to locate their business in a SEZ. Extension of the activity of the Special Economic Zones in Poland would also send a positive signal to investors who consider entering such a zone now. 9 years i.e. the time which is now left till 2020, do not guarantee that all the incentives offered by the SEZ will fully be used by new investors.

The European Commission should not hamper attempts to extend the time of SEZ functioning beyond 2020 if the idea behind zones complies with the common EU regional policy and the regulations in the zones do not violate regulations concerning common regional aid. More in the report which is available for download on our website (only in Polish):
www.paiz.gov.pl/publications/how_to_do_business_in_poland. (E&Y)

EVENTS

Invest in Poland - invest in success!

PAIiIZ has the pleasure to invite you to a conference presenting the current condition of foreign direct investments in Poland. The conference will be attended by the Deputy Prime Minister of Poland, Minister of Economy Waldemar Pawlak.

During the meeting representatives of government administration and business will discuss key issues concerning doing business and investing in Poland. The question whether Poland is still attractive to business is particularly important against the backdrop of the renewed global financial and economic havoc.

The conference will take place on October 5^th, 2011 at 10.00 at the PAIiIZ Information Centre, 12 Bagatela Str. in Warsaw. The conference will be held in Polish and English. Participation is free of charge.

Please confirm your participation by October 3^rd, 2011 at aleksandra.bigda@paiz.gov.pl. (PAIiIZ)

Thursday, 29 September 2011

New edition of Investing in Poland!

The aim of Investing in Poland is to present and promote Poland's economic and investment potential to investors, giving an overall view of the country's investment climate as well as specific information on regions and cities. The publication is aimed at both Polish and foreign investors, be they individuals or multinationals.

Investing in Poland includes analyses of particular voivodships in Poland in terms of investment attractiveness and descriptions of potential investment locations - such as special economic zones and technology parks - as well as insight into regional development.

Friday, 16 September 2011

Conference "Investing in Poland"

The conference will take place on September 20^th, 2011 at 10 a.m. at the Conference and Office Complex “Nowy Świat SA” at 6/12 Nowy Świat Str. in Warsaw.

In addition to offering perspectives on the investment climate and the economic potential of particular regions, the conference will include information on the sectors that are best-positioned to become bigger drivers of the Polish economy, and hence are likely to attract greater investment in the near future. It will explore the reasons for the expected growth of these sectors, and will ask what trends investors need to keep in mind to be successful.

The conference is organised by the editor of the weekly Warsaw Business Journal and the Polish Information and Foreign Investment Agency.

At the conference, organiseres will present the 2012 edition of its annual English-language publication - Investing in Poland - which has been prepared in cooperation with the Polish Information and Foreign Investment Agency (PAIiIZ), PricewaterhouseCoopers (PwC) as well as bilateral chambers of commerce in Poland.

Participation in the conference is free of charge. Please confirm your participation at kdragan@valkea.com or at +48 22 639 85 67 ext 249. (PAIiIZ / WBJ)

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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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Tuesday, 23 August 2011

Poles best in extreme sports

Tadeusz Błażusiak won gold medal in the motorcycle X Games Endurocross event.

Błażusiak beat top competitors from all over the world. He was also the most popular participant of the event among all the sport commentators.

Tadeusz Blazusiak receiving the gold medal in Moto X Enduro at Summer X Games 2011

Tadeusz “Taddy” Błażusiak is a 7-time Champion of Poland, the European Champion and the Champion of the World. As the first player in the history he won 5 times one of the most difficult enduro contest of the world - Erzbergrodeo.

The Endurocross championship in Los Angeles is the part of X-Games, the contest of extreme sports. (blazusiak.com/Wikipedia)

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