Why Poland? - Forum Ekonomiczne
Why Poland? - Forum Ekonomiczne
Why Poland? - Forum Ekonomiczne
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Why</strong> <strong>Poland</strong>?<br />
<strong>Poland</strong> is a great place In which to invest and develop business. In the Ernst &Young European<br />
Attractiveness Survey 2010 report <strong>Poland</strong> was chosen by managers from international companies as<br />
the most frequently considered location for new foreign direct investment (FDI) in Europe.<br />
The Polish market, with 38 million potential customers, is one of the largest in the European Union.<br />
A convenient location in the centre of Europe and at the crossroads of its main communication<br />
routes makes it possible to export goods from <strong>Poland</strong> to all European countries and to reach over<br />
half a billion consumers. <strong>Poland</strong>’s main trade partners include Germany, Russia, China, France, Great<br />
Britain, Italy, Hungary, Ukraine and Spain.<br />
Well-educated Polish economists, engineers, IT specialists and scientists are appreciated and<br />
sought-after employees of IT companies, research and development centres and scientific institutes.<br />
The Polish economy has solid foundations for stable development. Global economic crisis has left<br />
<strong>Poland</strong> unscathed and <strong>Poland</strong> is the only country in Europe that did not experience recession (in fact<br />
it was developing at the fastest pace on the continent).<br />
Export and internal demand are not falling, either. The latest Eurostat data show that growth of<br />
retail sales in <strong>Poland</strong> was the highest in the European Union when compared with last year.<br />
Global concerns are happy to choose <strong>Poland</strong> as a location for new investment in Europe. The<br />
FDI value in <strong>Poland</strong> in 2009 amounted to Euro 9.95 billion and preliminary data for the year 2010<br />
suggests a figure of Euro 5.34 billion.<br />
<strong>Poland</strong> offers incentives to foreign companies. One of many possibilities is the location of<br />
investment in a Special Economic Zone, of which there are 14 in <strong>Poland</strong>. Special Economic Zones<br />
offer new investors attractive tax relief, facilitated employment processes and well-prepared areas<br />
for investment.<br />
A considerable potential customer market<br />
<strong>Poland</strong> is one of the largest European Union member states. It is the sixth largest potential<br />
customer market in the EU and is the largest market in Central and Eastern Europe. It is much bigger,<br />
more absorbing and diversified than in other countries in the region. Here, in the centre of Europe,<br />
you can develop your company’s operations and export goods easily to the large Eastern market.<br />
Despite the unfavorable situation of the global financial markets, economic growth in <strong>Poland</strong> in<br />
2009 was the highest on the continent and amounted to 1.7 per cent, whereas in the third quarter<br />
of 2010 it was the highest among all EU member states – 4.7 per cent (seasonally adjusted). This is<br />
based, to a large extent, on internal demand.<br />
By investing in <strong>Poland</strong>, a country with a great geographical location and a large, absorbing<br />
internal market, foreign companies find new prospects for development. From our country, thanks to<br />
developed communication routes and the proximity of both Western and Eastern European markets,<br />
investors can develop their export operations and reach new recipients.<br />
EU structural funds<br />
Investors present on the Polish market can hope not only for great conditions for investing but also<br />
for direct help. Besides tax incentives passed by councils of communities and different forms of aid,<br />
for instance, in Special Economic Zones, they can also count on structural funds. In the years 2007-<br />
2015 <strong>Poland</strong> will receive over Euro 67 billion from the European Union budget for improvements to<br />
the competitiveness of its economy.<br />
EU aid will be available for projects in almost all sectors of economy and in the 2007-2015 period<br />
<strong>Poland</strong> will be the largest beneficiary of European EU funds. To plan their distribution and usage<br />
effective Operational Programs, Regional Operational Programs and Programs of European Territorial<br />
Cooperation (Interreg IV) have been created.