Business, Investments properties in Poland
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).
Among panelist who took part in the debate, which followed the presentation of the report, there were: Iwona Chojnowska-Haponik - Head of the Foreign Investment Department at PAIiIZ, Michał Maliszewski PhD – from the University of Warsaw, Robert Bachorski representative of Sitech, Hans Jorg Otto – Head of the Management Board of EL-CAB and Michael Hepp – President of the Management Board of BASF Polska.
The AHK report shows that 86% of the surveyed entrepreneurs indicated Poland as the most attractive investment destination in Central Europe. The surveyed businesspersons are optimistic about the performance of their businesses - 70% plan to increase their turnover in 2011 and almost 45% expect growth in export and nearly 43% foresee increases in export to Germany.
Upward investment trends find their reflection in the number of German projects run currently by the Polish Information and Foreign Investment Agency (PAIiIZ). At the moment PAIiIZ negotiates 13 projects from Germany which are jointly worth EUR363 million while at the beginning of the 2 quarter of 2010 the Agency had only 6 projects from this country.
Data provided by the Polish Information and Foreign Investment Agency shows that Germany keeps its leading position as Poland's major trade partner and one of the major source of foreign investments. German foreign direct investment inflow to Poland in 2009 exceeded the value of investment from all other countries and amounted to EUR2.14 bn what accounted for 21.7% of the overall FDI inflow to the country and 23.9% of FDI from European countries. At the end of 2009 there were 5848 entities with German capital present in Poland and the German FDI stock in Poland reached EUR20.8 bn.
Poland’s political stability, employees’ qualifications, quality of suppliers and the country’s economic situation makes Poland the most attractive Central Europe investment location to German investors!
paiz.gov.pl
Wróć
Randstad 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.
This is the following day since the middle of the last year when the indexes reached their maximum. The WIG20 ended up with 0,5 percent up and reached 2550 points.
Shares of PZU were of big interest and became 1,59 percent more expensive and cost up to 427 per share in the end of the day.
This is the highest rate in company’s history. Those investors who possess shares of the biggest Polish insurance company gained 46 percent since the beginning of the year.
What causes the growth? PZU had good financial results this year. During the third quarter the net profit grew up to 1,12 billions of PLN, mainly thanks to growing share prices at Warsaw exchange Stock and good valuation of the bonds.
The development of IT industry in the capital of Lower Silesia is remarkable and noteworthy; more and more companies announce new vacancies for work in their branches based in Wroclaw. One of the last examples is Sii, which is going to double the number of workers in their branch office located in our city. Those who are employed at branch office of Sii based in Wroclaw, work for clients from diverse industries including automotive industry, as well as banking and insurance sectors. They work at IT helpdesks, support customers using over 300 applications, administrate business support systems, develop software etc. Wroclaw's office was the third in Poland after Warsaw and Gdansk – now it is one six in the whole country.
czytaj więcejConcern NExteeer Automative, which biggest factory plants are in Poland, will invest about 12 millions of USD in new testing infrastructure, which should help to invent and develop smoother and more quite electric steering systems for hybrid and electric vehicles. The investments in technology have to give hybrid and electric models of vehicles, produced by international companies, improvement in driving comfort. Automobiles produced today are known to have less noise inside the vehicle. Not only noise reduction of the engine compartment or car interior influence on the noiseless, but also the usage of hybrid and electric propulsion system, as well as start-stop systems for instance. As Nexteer Automotive engineers note, reduction of noise decibels made by the engine led onto noise reduction of other components, as well as steering systems.
czytaj więcejCurrently, Polish Information and Foreign Investment Agency (PIFIA) is in charge of 152 investment projects. Total value of planned investments may reach nearly 3 mln euro, whereas the amount of 32 000 new vacancies can be made.
The Agency is in charge of 38 projects originating from the United States, 29 German projects as well as 10 projects from Great Britain. Among the others, there are investors from France and Japan (9 projects from each country), as well as China, India, Switzerland and South Korea (6 projects from each country).