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.
The US is the country with the biggest number of investments provided with Agency’s support. There are 48 American ongoing projects worth €938.41 m in total and the chance to create 6,610 new jobs. The second is Germany with 29 investments (€429.65 m; 4,751 new jobs). The following positions are occupied by: France (11 projects), Italy (10 projects) and Japan (9 projects).
German daily newspapers report that it started to cloud over Polish economy, which had recently begun to shrink. They compare today’s recession with the crisis of 2009 and claim that the situation today is even worse than it was. According to today’s German daily newspaper Handelsblatt – the country, thought to be the economy engine, does not produce anymore steam. Poland, being the only European Union county which was not affected by the world crisis in 2009, is apparently losing the economy burst. According to the data from Central Statistical Office – the GDP of the third quarter of this year increased in no more that 0,4 percent in comparison to the previous quarter. It was not so bad even in critical 2009 – during the world economy crisis. During the downturn, when all EU countries were in recession, Polish GDP increased in 1,7 percent. The daily reports that according to the Central Statistical Office the situation is getting even worse due to significant reduction in domestic demand that used to be a driving factor for economic growth in Poland, which rate was immensely higher than the average one in EU. In the meantime, according to media reports, the majority of Poles are afraid of upcoming crisis , save up and drastically cut expenditures. As stated in an article published in Financial Times Deutschland, the fact that quantity of foreign orders and employment increased in comparison with the previous month – will not have a notable impact on the existing situation.
According to the Portuguese weekly newspaper Expresso - Poland is a gate for investors from Portugal, who are planing to invest in Ukraine, Lithuania, Belarus and Russia.
The newspaper notes that Polish economy has achieved immensly good results. The average growth of GDP in Poland between 2003 and 2008 was 5.2% annually. Meanwhile, in 2009 Poland was the only country which avoided recession.
It is also mentioned that the values of Portuguese Investments in Poland are systematically growing. The newspaper reports that the values of the investments between 2007 and 2011 continued to grow and increased to 721 millions of euro.
Slawomikr Nowak, the Minister of Transport, Construction and Maritime Economy, declared that a trip from Wroclaw to Warsaw in 2014 will take 3,5 hours. This means that a journey from the capital to Czestochowa will take 2 hours, which is more than one hour faster than it is today. The trip duration from Gdynia to Warsaw will also be reduced. About 1 billion PLN will be spent for renovation and revitalization of train stations.