|POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY|
May 29th, 2014,
Poland Germany - the central investment magnet
Poland as the best place in CEE region and Germany as the best in the Western Europe to locate foreign investments - those are the results of the 12 th EY’s “European Attractiveness Survey”. The report was presented in PAIiIZ on 27 of May.
Despite the fact that in 2013 European economy has just returned to growth, the number of new FDI projects has increased by 4% year on year. Poland and Germany were the most attractive locations in their parts of the continent. 31% of investors describe Poland as the best in CEE region. The country scored about 20% votes more than the Czech Republic, located on the second position. Next there were: Romania, Hungary, Ukraine and Turkey. On the other hand, according to 40% of respondents, Germany was the best in the Western Europe region in attracting investments. Thus Poland and Germany together they can be called as the “central European investment magnet”.
In 2013, Poland attracted 107 new investments and reached the 10th position in Europe in terms of the number of new projects, decreasing by 3 positions year on year. However, in terms of creating new jobs, Poland maintained the 3rd position, after the UK, and France. It is worth noting that Poland was the first in the EU and the second in the whole Europe - after Serbia - in terms of new jobs created thanks to FDI. The average foreign investment in Poland delivered about 130 new jobs.
As far as the attractiveness of the various regions of the world, for the first time Western Europe overtook China reaching 45% votes. It means that since the economic collapse in 2012, the West improved by 12%. The third place went to South America (31% of votes) and Central Eastern Europe was the next. (PAIiIZ)
More information: www.paiz.gov.pl/20140527/poland_germany-central_investment_magnet. (PAIiIZ/EY)
More Chinese investments in Poland
The spring series of meetings with Chinese business has just started. On 26 May PAIiIZ held the meeting with the delegation from the Ministry of Commerce of China (MOFCOM). Next day the matchmaking forum with the Zhejiang province’s business lead by governor Li Qiang took place in Warsaw.
During the conference, companies from machinery, mining and energy sectors that represented the China Chamber of Commerce for Import and Export of Machinery & Electronic Products (CCCME) were introduced with the investment opportunities and the most attractive areas of cooperation offered by Poland.
On 26 May, the Zhejiang (China)-Poland Matchmaking Forum began with signing the memorandum of understanding between PAIiIZ and China Council for the Promotion of International Trade Zhejiang Provincial Committee (CCPIT Zhejiang Provincial Committee). The even gathered nearly 100 Chinese companies. During the event, China's Ambassador in Poland, Xu Jian stressed the fact that Poland is popular particularly among enterprising residents of Zhejiang Province. About 60% of the Chinese living in Poland come from Zhejiang. After the official part of the forum individual business meetings of Polish and Chinese companies were held. (PAIiIZ)
INVESTMENTS IN POLAND
New projects in PAIiIZ portfolio
During the last two weeks, PAIiIZ has acquired 2 new investment projects. Due to that, the Agency’s portfolio consists of 154 ongoing projects that in total are worth € 3002,45m and can let to the creation of 32,618 new jobs in the future.
Currently, PAIiIZ supports 40 investment projects from the US. Next are German investors with 29 projects. There are also 10 projects from the UK, 9 from France and Japan each and 6 from China, India, Sweden and South Korea each.
In terms of sectors, the majority of projects supported by PAIiIZ come from BPO (33 projects, total). The leader is followed by automotive (30 projects), R&D (11 projects), aviation (10 projects), electronic and wood (8 projects each) sectors.
Since the beginning of the 2014, the Agency has successfully completed 18 investments, worth € 1,544.44 m in total. Those investment projects should bring 4,933 new jobs.
More information: www.paiz.gov.pl/20140523/new_projects_in_paiiiz_portfolio. (PAIiIZ)
Poland - the automotive hub
Next foreign company has chosen Poland. Korean automotive company Mando located its plant in Wałbrzych. The factory’s opening ceremony was attended by undersecretary of state at the Ministry of Economy Ilona Antoniszyn - Klik and PAIiIZ president Sławomir Majman.
Mango’s newest investment is one of the largest automotive plants in Wałbrzych Special Economic Zone. This is also the first European manufacturing facility of Mando Corporation in Europe. The investment project includes building production facilities, warehouses, social facilities and infrastructure. Before choosing Poland, the company had also considered locating its plant in Slovakia, Hungary and the Czech Republic.
Mango’s investment project has been supported by PAIiIZ since 2006.
More information: http://www.paiz.gov.pl/20140523/poland-the_automotive_hub. (PAIiIZ)
The activities of SEZs in 2013
The Council of Ministers summed up the activities of SEZ in 2013. Last year, Special Economic Zones in total covered 16,200 hectares of land and employed 266,700 people. And the cumulative value of investments in all Polish SEZs in the end of 2013 reached PLN 93 billion.
Last year, companies invested more than PLN 7.3 billion in SEZs. During this period 253 permits to operate under the Special Economic Zones programme were issued. That is nearly 15% of all valid permits issued since the programme was established. Katowice SEZ, Wałbrzych SEZ and Łódź SEZ have the biggest share in the accumulated value of investments. The highest investment growth was recorded in Legnica SEZ. Most of the projects implemented under the programme were established by companies with Polish German and American capital.
The total number of jobs in the areas increased in 2013 by more than 19,200. The majority of new jobs are created in Wałbrzych SEZ (over 3000), Mielec SEZ (over 2,500) And Kostrzyn-Słubice SEZ (over 1,600). (Ministry of Economy)
Next SEZs get bigger
1,400 new jobs will be created in three expanded special economic zones. On 27 May 2014, Council of Ministers adopted a regulation extending Krakow, Łódź and Wałbrzych Special Economic Zones. 20 new investments worth in total over PLN 2 billion will be implemented there.
13 new investments representing chemical industry, electronics and furniture sector are planned in Kraków SEZ. Their total value has been estimated at PLN 1.5 billion. They should also deliver 718 new jobs.
Łódź SEZ is expecting five new investment projects that together are worth PLN 237m. Due to that 561 already existing jobs will be maintained. Moreover, 590 new ones will be created. Two of the investments will be carried out in Łódź: Barry Callebaut Manufacturing Polska plans to expand its plant producing cocoa products and chocolate. Under the second project IMA Solutions producing dietary supplements, dietetic foods and pharmaceuticals will modernise its factory. Also De Heus producing premixes and Nordkalk, the producer of limestone-based products will expand their business in ŁSEZ. In Radomsk a plant specialising in the production of structural glass, laminated and heat-treated single glazing will be built.
On the other hand, in Wałbrzych SEZ two projects worth in total nearly PLN 190m will be introduced. Together they will deliver 90 new jobs. One of them is made by Gestami Polska. The company will focus on the expansion of the existing plant by introducing additional producing lines. (Ministry of Economy)
Three new investments in Euro-Park Mielec
Nearly PLN 70m will be invested and 280 new jobs will be created by three companies in Euro-Park Mielec SEZ.
Aliplast Extrusion that belongs to the Corialis International Group will invest PLN 36m for the purchase of a production line of aluminum profiles used in the automotive industry and railways. The investment will let to increase of employment by at least 30 employees.
Aesculap Chifa will invest PLN 20m in the construction of a plant and a modern administration facility. The company will employ at least 200 people.
Cyfrowa Foto that operates in printing business will invest PLN 12.1m. The company plans to purchase a plot, build a manufacturing facility and supply it with specialised machinery to start a production of photobooks and other printed products. Due to this investment, 50 people will be hired. (ARP)
Reinvestment in Kamiennagóra SEZ
Autocam Poland specialising in the production of car parts will invest PLN 12m in the development of the plant.
Under Kamiennagóra SEZ the company will modernise production facilities and the machinery. The investor will also buy measuring equipment for its quality laboratory to start the production of fuel system components. ("Mo-Me" Multimedia)
Next investor in Legnica SEZ
Schweiker received a permit to operate a business in Legnica SEZ. The entrepreneur will invest PLN 25.5m and create 20 new jobs.
The project includes purchasing the land and the construction of a production hall where windows, doors and shutters made of PVC and aluminium will be produced. Entrepreneur also plans to establish the cooperation with technical schools in the region. (LSEZ)
4th Eastern Poland Business Forum
On 3-4 June in Kielce, for the fourth time, "Eastern Poland Business Forum" will be arranged. The event is organised by PAIiIZ.
The event will gather 250 participants including representatives of business, science, media and top European politicians as the former European Commissioner for Enterprise and Industry, Günter Verheugen and former president of the European Parliament.
This year, the participants of the forum will look at the issues related to smart specialization (including sectors with the biggest development potential), internationalization of enterprises, the possibility of opening the Eastern Poland macro-region to economic cooperation with Europe and the whole world. Creation of a positive economic climate in Eastern Poland by strengthening the specific characteristics and advantages of the macro-region is the main aim of the Forum.
More information: www.epbf2014.eu. (PAIiIZ)
Automation of production processes
On 5 June at 10.00, Słupsk Technology Incubator will hold the opening ceremony of Pracownia Automatyki, Robotyki i Systemów Wizyjnych (the Laboratory of Automation, Robotics and Visual Systems) as well as the conference on related issues.
Establishing the laboratory of industrial robotics is an opportunity for the development of entrepreneurship in Słupsk region. Pomeranian Agency of Development invites to the meeting that will be held under the patronage of the governor of Pomorskie province.
More information: www.sse.slupsk.pl/index.php/pl/homepage-mainmenu/events-pl/632-otwarcie-pracowni. (Słupsk SEZ)
Polish-Dutch Economic Forum
On 25 June, on the occasion of the official visit of his Majesty King Wilhelm Alexander and Her Majesty Queen Maxima, the National Stadium in Warsaw will host Polish-Dutch Economic Forum. Participation in the event has been confirmed by president of Poland Bronisław Komorowski.
The official visit of the king will be accompanied by a business delegation representing energy, agriculture, logistic and water management sectors. After the plenary session B2B meetings between Polish and Dutch entrepreneurs will be held.
The Forum is organised by Ministry of Economy, the Embassy of the Kingdom of Nederlands and PAIiIZ. Soon you will receive detailed information regarding the agenda and registration. (PAIiIZ/Embassy of the Kingdom of Nederlands)
FROM THE REGIONS
IT world leader in Gdańsk
EPAM - one of the CEE top IT service providers and software produces will open a new office in Gdańsk.
Developers employed by EPAM in Poland will create and develop “Big Data” technologies for customers in the USA, Canada and the Western Europe. Until the end of 2014 the company plans to employ over 100 people, while in the long-term period over 500 people should work for EPAM in Poland.
The list of EPAM's clients include: Thomson Reuters, UBS, Microsoft, Oracle, Expedia, Coca-Cola, SAP and Barclays Capital. EPAM investment is in line with the Pomeranian province strategy to attract IT companies. (Invest in Pomerania)
DID YOU KNOW...?
Poland. Spring into
A new campaign promoting Poland abroad has just been launched under the claim “Poland. Spring into”. The campaign is coordinated by the Ministry of Foreign Affairs.
“Take a look at Poland. See how much we have achieved and what more we can give Europe” - encourages the authors of the campaign, which will cover the United Kingdom, Germany, Belgium, Sweden, and will last until the end of November 2014. The campaign has been designed to show that Polish energy drives positive change in Europe. It also presents the scale of the changes in Poland during the recent 25 years.
The claim “Poland. Spring into” was inspired by the idea “creative tension” created by Wally Olins, one of the world’s leading branding specialist who had worked on the Poland’s promotion strategy. The world “spring” has a double meaning and refers not only to the most joyful time of the year but also to freshness, energy and power.
The promotional activities include broadcasting a TV spot in top televisions in Europe: BBC, CNN, Eurosport and Sky News. Social media activities, outdoor campaigns and vast range of actions in public space referring mainly to the 4th June - the anniversary of the election that is a symbolic date of the collapse of the communistic regime in Poland, will be also arranged.
The campaign is organized under recently established by the Council for the Promotion of Poland “Communication Principles of >>the Poland << Brand. (Ministry of Foreign Affairs)
Editorial office: Polish Information and Foreign Investment Agency, 00-585 Warsaw, Bagatela Street 12
Information and Communication Department, tel: +48 22 334 99 49, fax: +48 22 334 99 99,