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
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.