Business, Investments properties in Poland
Polish economy is highly graded by investors. However, rising CHF exchange rate makes anxiety, which can influence on lower spending households that are in debt.
August was one of the worst months in recent decades. Falls on global markets has reached 10-20%. There are few causes for such smash down, but main is that markets “believe” that in 2012 we can expect serious recession in developed countries.
A “million dollar question” concerns how long this slow-down will last and how deep it will be. With growing globalization of capital flows, asset managers have many opportunities to choose countries and regions where they can invest. From this perspective polish market compete with GEM (Global Emerging Markets), or more specific- with EMEA region. After risk-profit assessment potential investors must decide if they want to invest in Brazil, Turkey, Russia, Poland or South Africa.
Polish trumps
Firstly, Poland is a large country in Central Europe, with young population, which is more and more educated and productive. Accessing the EU in 2004 cause quite strong internal demand, which added to positive exportation surplus, has been main factor that burst the economy in 2009.
Another strong attitude is fact that Poland itself is relatively low in debt. Public debt is kept on healthy level, because constitutional debt limit has been effective toward politicians. Last but not least, banking sector is “healthy” it offers simple and traditional products and banks lend money from local deposits.
Another important matter for those who make decisions on investment is a risk connected with policy and legal regulations. In this aspect Poland is really good condition in comparison to other GEM competitors, because its EU membership creates better legal environment that are hard to find in competing countries. The fact that Poland was a part of European Union, but not yet a member of Euro-zone, was crucial for good economic result in 2009. Thanks to depreciation of PLN to EUR, polish exportation to Euro-zone was very competitive.
Disturbing franc
Of course, not everything is such positive- there are a few black clods on the horizon. Current government leads responsible fiscal policy, and in 2012 we expect next deficit reduction. However, the level of consolidation influence on GDP growth is still not known, and there is a risk that without public spending the economy will much more suffer from crisis than in 2009. Another issue is appreciation of franc. Household are relatively high in debt in foreign currencies, what causes fall in consumption of income. Apart from that, the amount of credits rises in comparison to real estate guarantees. It is still not clear how banks and authorities will cope with this problem, the risk exist but is constantly monitored and assessed by both local and foreign investors.
To sum up foreign investors constantly asses the risk connected with each investment according to possible profits. Poland, as a product competes with several countries from Emerging markets. We can say that Poland is seen as a stable and strong economy, which still can prove a proper growth. Moreover the risk connected with legal regulations and policy is similar to those from GEM. Healthy fiscal situation, low debt factor and currency of changing rate are for sure good sales trumps for polish capital markets as a place for foreign investment.
Wróć
New investment quarter has started. The agency has received 9 new project, therefore now the PAIiIZ leads 175 investments in total. If all the projects, which total value equals to 3271,85 million euro, are implements, there will be 32 197 of new vacancies created in Poland.
Since the beginning of the year, the agency has implemented 10 projects (162,14 million euro of total value and 2 697 new vacancies). Those investors, who decided to invest to Poland have business in the following fields: aircrafts, BPO, entertaining-scientific, automotive industry, ICT and food processing industry.
The AHK Polska has published the data based on the 10th cyclical poll; a survey. which had been made among the foreign investors. According to the survey, for the third time, Poland has been chosen the best destination for the investors in Eastern Europe. As the chairman of the PAIiIZ Sławomir Majmam noted, receiving a gold medal is not something extraordinary, while being awarded for the third time is a real achievement.
The potential of Eastern European countries was evaluated by 116 entrepreneurships, which have business in the all regional throughout all of Poland. In the final evaluation, getting 4 points in total, Poland beat the following countries: Czech Republic (4 points), Estonia (4,97 points and Slovakia (2,96 points).
The results of the anniversary survey made by the AHK show that the foreign investors are pleased to work in Poland. About 95% percept of the respondents say that their companies are doing well. Michale Kern, the general director of the AHK Polska, says that it is worth emphasizing that 95% of the companies, who took part in this survey, affirmed their will to choose Poland as an investment destination country if they had to do made the decision today.
MTU Aero Engines investment is the eight and the latest successfully completed projects with PAIiIZ support. The company will spend €13,8 m and create 50 new jobs
The majority of completed projects in first quarter of 2015 are represented by BBS, R&D, ICT, automotive, aerospace, electronics and home appliances sectors. The total value of 8 projects reached €153.14m. Due to them, even 2,637 new jobs can be created.
Among 170 ongoing investments supported by the Agency, BPO and automotive sectors predominates. Each of the sector runs 32 projects. Next are: R&D with 19 projects, aviation with 13 projects and food sector with 12 projects. The total value of ongoing projects reaches €3065.45 m. Those investments may created even 30,061 new jobs in the future.
“For the first time in the history, Poland has been promoting itself as medical tourism destination. Due to the international promotion of the medical tourism sector, that lasted for 3 years, foreign audience discovered the potential of our country”, said PhD Ada Kostrz - Kostecka, head of the programme of promotion of Polish medical tourism on International markets 2012-2015 that was provided in cooperation of PAIIIZ. The conference summarizing the project was held on 18 March in PAIiIZ.
Representatives of medical tourism sector abroad and foreign journalist who visited Poland during study visits assess the offer of Polish medical tourism as very good. 12 trade fairs.
czytaj więcejRandstad presented the 25th quarterly report entitled “Employers’ plans”. This is a useful compass for employees. This time the plans of employment are the most optimistic since 6 years”, commented PAIiIZ president Sławomir Majman during the conference held on 9 March.
The first part of 2015 is expected to be very optimistic regarding the employment market. The percentage of employers willing to create new jobs (30%) is the highest since six years – in went up by 4% q/q. Also the number of companies planning to increase salaries in growing. Moreover, despite the lack of enthusiasm among entrepreneurs regarding the economic condition of Poland, there is a rising trend in defining the situation of their companies as good or very good.