Samsung, who had bought the Amica factory of freezers and laundry machines in Wronki in the end of 2009, was going to obtain the governmental grant of 8 mln zloty. The decision upon that was planned to be made last week. However, at the beginning it had been delayed and then was blocked by the change in investment support system.
Despite the fact, that the case was included in yesterday government agenda, it was not considered. We can guess that it is caused by its recent reluctant position in investment granting.
Hotel chains plan big investment in Poland. Last week in Warsaw, the new agreement about building cheap hotel was signed. Hampton by Hilton owned by Hilton Worldwide will be built near to Okecie Airport, and will be one of three Hamptons in Poland. One will be built in Swinoujscie, and in two years next will appear in Gdansk. Today, French hotel chain starts building hotel in Warsaw. French B&B owns over 230 hotels (over 16 000 rooms) around the Europe. In next two-three years we want to have over 10 objects in biggest cities in Poland - president of B&B Poland says.czytaj więcej... (kliknij)
Poland produces all kinds of car parts, but has no final assembly lines. And that will not change. SEZs and agency fight for automotive investment. But chance seems to appear in next two, three years.
After Q.1 direct investment inflow has reached 4.46 billion EUR, 617 million EUR more comparing to last year - Ministry of Economy data says. It confirms that it can be the summer in polish investment. Many people believe that those most prestigious, too. Some count on that next automotive factory will join to Ford and Fiat site in Tychy, Opel’s in Gliwice and VW’s in Poznan.
Slawomir Majman, the president of Polish Agency of information and investment is not such an optimist.
Yet another IT company opening its branch in Wroclaw.
This time it is an Indian company MphasiS, which hires over 40 000 employees around the world. In Wroclaw it is opening the service center. This year, about hundred people will find a job there. MphasiS is one of the biggest IT companies in India. Its main headquarters is placed in Bangalore and it has branches in China, Japan, North America, Europe and Australia.
PAIiIZ invited Chinese journalists to visit Poland. The journalists met with the PAIiIZ President Sławomir Majman on May 15th, 2011.
The journalists started to tour Poland on May 14th and will stay in the country till Saturday May 21st. The group consists of journalists form the China Central Television, China Economic Weekly, Shanghai Evening Post and eastday.com/finance.
Radziwiłł: Polish ministry of Finance interested in Chinese investment in polish bonds.
The finance resort is interested in Chinese investment in polish bonds - finance vice-minister Dominik Radziwiłł said.
"Definitely we are keen on increase in Chinese share in polish loan. The share of Asian investors, mainly Chinese ones, has risen from 2% to 15% in 2 years. It is caused by rising China's monetary reserves. We can observe a strong interest in loan of countries like Poland. The trend is clear, investors know the risk profile. I think that it is a beginning of rising history" - Radziwiłł said.
PAIiIZ helps Hispánica de Aviación enter the Polish market. The Spanish giant in aviation services invests over EUR 9 mln in Poland. Hispánica de Aviación specialises in aviation services for medical and fire extinguishing purposes; and provides tourist, charter and patrol flights. For some time now the company has been successfully using the “Sokół” helicopter, manufactured by the Polish PZL Świdnik. Now due to the company’s expansion and new contracts with China, Australia and Chile, the investor decided to buy the Świdnik-based aviation company “Heliseco” which provides services similar to the ones Hispánica de Aviación does. In Poland the company invests EUR9 mln and will hire 107 people, the majority of Heliseco staff. The investor plans to buy new helicopters and expand its hangar base in Poland.czytaj więcej... (kliknij)
It seems to be a record year for investment on wind farm market. In Poland, farms of 500 MW will commence till the end of 2011 - Polish Association of Wind energy estimates. In comparison, coal power plants have ca. 800 - 1000 MW. Energy companies develops wind farms, because they avoid CO2 emission. Additionally, they uses EU grants for farm building, and then thanks to green energy certificates, earn twice more than in coal energy.
- In Europe we bet on green energy, what means that we invest in low and zero-emission technologies. In Poland, because of special conditions, we have 108 MW in wind farms and till 2015 it will be 300 MW - Iwona Jastrzębska, RWE Poland spokesperson declares. RWE is going to invest in Poland 0,5 billion euro. Next week, company opens its third farm in Tychow. In countries which have led in this market segment ( Germany, Denmark, Spain), the annual power increase rate falls down.
Poland and Georgia - time to intensify economic cooperation.
More development projects, growth in exports and exchange of experience in the field of economy - on May 10th, 2011 Poles and Georgians discussed ways of intensifying economic cooperation between the countries.
The seminar Polish-Georgian economic cooperation was opened by Grażyna Henclewska, Undersecretary of State in the Polish Ministry of Economy and Archil Kekelia, Deputy Minister of Economy and Sustainable Development in Georgia. During the meeting which was chaired by the President of PAIiIZ, Sławomir Majman, representatives of the Polish and Georgian delegation discussed investment climate in both countries.
Poland, the Czech Republic or Slovakia? Who's the best in attracting German projects?
First-hand data and opinions on the subject collected from German entrepreneurs were presented by PAIiIZ and the German-Polish Chamber of Industry and Commerce (AHK) on May 5th, 2011.
What is most important for German businesspersons in the investment decision making process? How the Germans see the economic situation in the region, what is their outlook into the future and what are their investment plans? Which country in Central Europe is the most effective in attracting German development projects? Was it a good or bad decision to locate their projects in Poland?
These and other questions were answered today during a debate chaired by the PAIiIZ President - Sławomir Majman. A general commentary of Poland’s attractiveness on international markets was made by Rafał Baniak - Undersecretary of State in the Ministry of Economy. The report “Poland’s investment attractiveness for German entrepreneurs in the context of Central and Eastern Europe” was presented by Michael Kern - Head of the German-Polish Chamber of Industry and Commerce (AHK).
Companies managing harbor terminals in Gdansk and Gdynia plan to spend on development about 1 billion złotych. In Szczecin the investment will reach 100 millions. Container handling in harbours rise to record high.
Container handling in polish sea harbors rise at ca. 30% annually. These are record results on Baltic Sea. On regional scope, annual rise is estimated at about 5%. To fulfill customers' requirements, who want to deliver cargo not only on polish market, but also Russian, Czech and Slovak, terminal operators have to invest in development.
- Growth rate will not be as high, but remain impressive - Maciej Matczak, sea transport expert forecasts.
From April 27th to April 29th, 2011 politicians and businesspersons met during "Europe: North, East - Business without Borders" organised for the third time in Świnoujscie - Heringsdorf.
The Baltic Business Association, the Polish Information and Foreign Investment Agency, the City Council of Świnujście, the Head of the Zachodniopomorskie Management Board organised a meeting for representatives of business, politics and administration.
President of Polish Agency of Information and Investment can be satisfied. More and more companies, both polish and foreign look around and plan investments. Unfortunately, the Ministry of Economy and Finance cannot break the obstacles towards investors.
- For a long time we have not had to so many projects in pocket. There are about 160 - Sławomir Majman, the President of PAII says.
Delegation of the Kyrgyz Ministry of Economic Regulations visited PAIiIZ. The delegation was invited to visit Poland by the Polish Information and Foreign Investment Agency
During their visit in Warsaw the delegation held meetings with, among others, representatives of the Polish Ministry of Economy, the Export Credit Insurance Corporation (KUKE) and the Polish Information and Foreign Investment Agency (PAIiIZ). In PAIiIZ members of the delegation got an insight into the workings of the Agency’s departments and took part in workshops prepared especially for them. Moreover, the delegation visited Łódź where the Kyrgyz guests met with people from the Łódź Special Economic Zone, the regional Investor Assistance Centre, the Łódź City Council and representatives of the Head of the Regions’s Management Board.
Are you interested in expanding your business to Poland? Do you want to know more about the Polish market and its opportunities? Then this webinar is for you!
During our webinar, we will explore the ins and outs of doing business in Poland, including the economic climate in Poland. We will also discuss key factors like taxes, regulatory framework and investment incentives. Whether you are a small business owner or a multinational corporation, this webinar will provide valuable insights into how to succeed in the Polish market. Join us and discover the potential of doing business in Poland!
EU Carbon Border Adjustment Mechanism: Preparing for the new regulation - The implementation of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) on 1 October 2023 is expected to reshape global trade at large. It is imperative that businesses understand and prepare for the changes that the mechanism will bring about.
Join us for a webcast on 14 February 2023 as KPMG professionals provide insights into the inner workings of CBAM, explore the effect that these measures have on organizations situated both within and outside the EU, and delve into why decarbonisation of production, whether that production is expected to be a key source of competitive advantage for selling into the EU market.
01.12.2022 - During the webinar, Rödl & Partner experts will discuss the latest legislative changes in this area of renewable electricity producers and explain the risks and opportunities associated with RES in the new legal reality.
We have recently seen a series of unprecedented interventions in the electricity market that are changing the situation of renewable electricity producers. On the one hand, both the European Commission and the government intend to impose additional financial burdens on producers, thus limiting their profits from energy sales. On the other hand, we are increasingly aware that renewable energy sources are the foundation of energy independence and security, and we can see changes on the horizon that may facilitate the development of renewable energy in Poland.
23.11.2022 Training - During our webinar, experts from Rödl & Partner Poland will present current opportunities, conditions and possible benefits for investors in Poland. We will point out important topics for investors: tax reliefs, funds & SEZ - why it is worth to invest in Poland. From a tax perspective, we will tell about : VAT, corporate income tax (CIT). We will also touch upon the legal aspects of investments: from possibilities avenues and forms to reporting obligations.czytaj więcej
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