POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 February 26th, 2015,
 Issue 422

NEWS

Polish President and business mission in Japan
An official visit of President of Poland Bronisław Komorowski in Japan has just began. The mission includes government administration and 50 representatives of Polish business. On the first day of the visit a business seminar on Polish-Japanese economic relations was held in Tokio. The meeting, co-organised by PAIiIZ, was moderated by president Sławomir Majman.

“We should aim to diversify Japanese investments in Poland which now focus in the automotive and electronics industry” said president Majman. Among the fields of possible Polish-Japanese cooperation there is clean coal technologies and energy which could help in the modernisation of the industrial sector. In July 2014, a Japanese company Mitsiu and Kompania Węglowa jointly launched the construction of the power station Czeczott. Other areas with potential do develop business relationships are agri-food and chemical sectors, as well as finance and business services.

As President Komorowski emphasized, the purpose of the visit is to announce the strategic partnership between Poland and Japan. On February 27, president will officially open the Polish-Japanese Economic Forum where over 250 Japanese entrepreneurs is expected to participate.

More information: www.paiz.gov.pl/20150226/polish_president_and_business_in_japan. (PAIiIZ/prezydent.pl)

Polish Cities of the Future 2015/2016
Warsaw, Kraków and Poznań are at the top of the first Intelligence Polish Cities of the Future 2015/2016 ranking. The official Award Ceremony was held in Warsaw on February 23, and it was attended by PAIiIZ president Sławomir Majman, deputy president Anna Polak-Kocińska and undersecretary of state in the Ministry of Economy Arkadiusz B±k.

Warsaw is this year’s leader. The capital of Poland overtook competitors in four of the six categories - Economic Potential, Human Capital and Lifestyle, Business Friendliness and Connectivity. Kraków and Poznań have come in second and third place, respectively. Warsaw received the biggest number of FDI from a wide range of sectors. However, the business sector represented by 15.3% of inward FDI was the most popular. Thanks to well-developed communication including the International Airport, Kraków scored the second place of the ranking. Additionally, the capital of Małopolska region is the second largest city in Poland - not only in terms of population but also in economy development. Moreover, gaining the second place in the Human Capital and Lifestyle category is due to the fact that Kraków is a student city.


PAIiIZ deputy president Anna Polak-Kocińska: “Thanks to the foreign capital Poland exports highly processed products to the most technologically advanced countries in the world” (source: Zbyszek Panek)

Poznań, that was ranked the third in the overall ranking, performed well in the economic potential category and well educated human resources. Poznań is a favorable location for reinvestments.

Publishing the results of the ranking coincided with a workshop on international investment promotion. It focused on: trends in FDI inflows to Poland and the world and what impacts the decision making investments. Also experience of investment agencies, cooperation with media and promotion of the regions were also discussed. The workshop was arranged by fDi Intelligence and PAIiIZ. (PAIiIZ/fDi Intelligence)


The deputy president Anna Polak-Kocińska during the Award Ceremony (source: fDi Intelligence)

''The relations between Polish cities and foreign direct investments is not just a just a flirt, it is a true romance'', commented president Majman (source: fDi Intelligence)

Read more:

INVESTMENTS IN POLAND

The new office of Airbus in ŁódĽ opened
On 19 February Airbus Helicopters opened the office in ŁódĽ where about 100 new employers will be hired. The investment was supported by PAIiIZ.

This is the fourth office of Airbus in Europe, other are located in France, Germany and Spain. The Polish office will focus on development of R&D projects of the company as well as on designing new constructions and providing modernization of helicopters.

It is expected that graduates of ŁódĽ University of Technology will be among employers of the company’s new office, as for nine years the University has been operating with Airbus. Moreover, a new faculty related to the aviation is to be opened there soon. Airbus and the French embassy will fund scholarships for students.

Read more: www.paiz.gov.pl/20140219/the_new_office_of_airbus_in_lodz_opened. (PAIiIZ)

6 projects completed
From the beginning of 2015 PAIiIZ has already completed 6 investment projects worth €137.84m in total, which will create 2,000 new jobs in the nearest future.

Currently PAIiIZ runs 163 investments with a total value of €2979.45m. Approx. 30,000 new jobs may be created in Poland.

In terms of a country with the biggest number of FDI, the US is on the top of PAIiIZ's list (49 projects, worth € 988.51m, approx. 6,500 new jobs). The second place belongs to Germany investors that provide 27 investment projects. France is the third with 11 projects.

Automotive sector is the leader among all sectors supported by PAIiIZ - 34 projects can deliver 6,670 new jobs. BPO sector with 31 investments takes the second place. The Agency also runs 18 R&D projects.

More information: www.paiz.gov.pl/20150220/6_projects_completed. (PAIiIZ)

SEZ plans for 2015
In 2015 special economic zones plan to issue 217 business permits that the total value can reach even PLN 7.7bn. According to the estimates, about 11,000 new jobs should be created due to that.

One of the newest ideas regarding incentives for investors, is the creation of areas of investment activity along Polish expressways. Such projects will be developed in a close cooperation with local governments. Already managements of several zones started to establish this programme. For instance, Legnica SEZ is preparing plots along the S3 expressway. Pomeranian, Słupsk and Kostrzyn-Słubice zones together have created the project entitled "S6 - The Seaside Investment Route", while Katowice SEZ develops a project entitled “4S” that will lead to the economic revival of areas of areas located along the four local expressways. (MG)

LUG Light Factory
In Lubuski Industrial and Technology Park, the construction of a new manufacturing plant of LUG Light company has just started. The new plant will produce high-tech lighting equipment made in LED technology.

LUG specializes mainly in the production of industrial and decorative lighting for internal and external use. The company develops and sells its products in Poland and around the world. (LPPT)

Investment in ŁSEZ
For the third time, Mecalit received a business permit to operate in ŁódĽ SEZ.

Mecalit Poland is a supplier of plastic components for home appliances industry. Under the new investment, the company will expand the existing plant and spend at least PLN 12m for that purpose. Also 20 new jobs will be created by the investor. (ŁSSE)

Three business permits in KTP
Elettrostandard Polska, Wind Mobile and Pracownia ¦lusarska Bartosz Wójcik - these three companies received permits from the Kraków Technology Park, to conduct business there.

Elettrostandard Polska will reinvest in Niepołomice. The company will expand its manufacturing plant and the office space. Total expenditures will reach PLN 13.5m. Wind Mobile operating in the telecommunications market, will create 40 new jobs and spend about PLN 1m on new investment. Manufacturer of gates and metal elements - Pracownia ¦lusarska Bartosz Wójcik is to invest at least PLN 2.4m. (KPT)

MACROECONOMIC POLAND

  • Exchange rates (as of 26.02.2015):

Buy

Sell

USD

3.6336

3.7070

EUR

4.1235

4.2069

Source: www.nbp.pl

EVENTS

Polish Medical Tourism - join the meeting
We invite you for the first Polish session dedicated to the Polish Medical Tourism at the World’s leading travel trade show ITB Berlin. The event will be held on March 4 at the Palace Hotel in Berlin at 12:00.

During the meeting, a special offer of Polish Medical Tourism will be presented. Guests will discover Polish unique modern procedures as well as dedicated medical offer for foreign patients in the country.

The access to the meeting is free of charge. Registration is available on-line by www.paiz.gov.pl/medical_tourism until February 28.

For more information, please contact: Magdalena Rutkowska m.rutkowska@ameds.pl or Iwona Lipska iwona.lipska@paiz.gov.pl or visit www.polandmedicaltourism.com. (PAIiIZ)

7th TIME Economic Forum
PAIiIZ took a patronage over TIME the Economic Forum (Telecommunication, Internet, Media, Electronics). The event will be held on March 9 at the Hilton Hotel in Warsaw.

Today, ICT sector impacts on the development of the industry, infrastructure and services. The goal of this year's TIME Economic Forum is to promote the Programme for Digital Development of Infrastructure and Industry (PCRIP). During the forum, the most important issues of ICT sector which determine the rate and directions of its development will be discussed.

Registration is available: http://rejestracja.fgtime.pl.

More information: www.fgtime.pl. (KIGEiT)

Expand your business to Emirates
PAIiIZ took a patronage over the conference dedicated to an expansion of foreign companies to the United Arab Emirates, entitled "Expand your business to the Emirates". The meeting will be held on March 10 at the Bristol Hotel in Warsaw.

Thanks to the presence of the RAK Investment Authority, participants will learn about benefits of investing in the United Arab Emirates. After the official part of the meeting entrepreneurs will have the opportunity to establish business relationships through B2B conversations.

The meeting begins at 9:00.

More information and applications for participation: www.mkbl.eu/#!news/c1msm. (MK usiness Link)

Poland as a partner - country of ISH Frankfurt
For the first time Poland was selected as a partner - country of ISH Frankfurt fair, which will be held between March 10 and 14 in Frankfurt upon Main. The event is organized by Trade and Investment Promotion Section in Cologne.

ISH Frankfurt is one of the biggest international events linking the issues of effective use of resources as water and energy. At the fair one will have the opportunity to visit Poland’s national stand. Also activities promoting Polish economy will be established there. The event will be attended by over 90 Polish exhibitors.

More information: www.kolonia.trade.gov.pl. (WPHI Kolonia)

Investment Summit "Select USA"
Register at the second Investment Summit "Select USA", which will take place on March 23 and 24 in Washington. This event will help to get answers for questions related to the process of opening office, starting production or creating a distribution centre in the United States.

The meeting is dedicated to all investors as well as to professionals, trade chambers and associations active in investment in US area.

More information is available on www.SelectUSAsummit.com or by Witold Czajkowski, +48 22 625 43 74 from the US Embassy. office.warsaw@trade.gov. (the Embassy of U.S.)

ANALYSES AND REPORTS

Prime mover of Innovation 2015
We invite you to participate in the "Inicjator Innowacji 2015” contest organised by Newsweek weekly and PwC. Ministry of Economy took the honorary patronage under the contest.

"Inicjator Innowacji 2015” is addressed to all innovative organisations - regardless of size, form of ownership and economic sector. Participants will be assessed in four categories: large companies; SMEs; start-ups; joint projects of business and science.

The contest has been created to promote innovation in the Polish market. The competition aims to select and award fast developing organizations that introduce innovative solution.

Registration is available on-line www.newsweek.pl/innowacje by deadline March 23. (PwC)

FROM THE REGIONS

Polish Space Agency in the GSTP
In Gdańsk Science&Technology Park, a letter of intent on cooperation between the Pomeranian Special Economic Zone, Gdańsk and the Polish Space Agency (POLSA) was signed.

Under the project, Polish Space Agency will provide research and development projects on space technology, including engineering of satellites and their use for commercial, defense, security and scientific purposes. POLSA will also develop research educational activities. (MG)

DID YOU KNOW...?

Polish film won the Oscar Award!
Paweł Pawlikowski’s “Ida” won the Oscar Award in the Best Foreign Language Film category! This is the first time in the history when the Polish film received this prestigious award.

Foreign critics praise the film’s artistic value. “Ida is one of those miraculous films where the images on the screen are so startling, so unique, so themselves, that the visuals take on a whole subterranean level of meaning, coursing beneath the actual plot”, comments Sheila O’Malley, a New York-based critic who ranked Ida as the best 2014 film.

Ida has been nominated for The American Academy Award in two categories: for The Best Foreign Language Movie and for Photos made by Łukasz Żal and Ryszard Lenczewski. Before that, it was showered with awards at European and international film festivals, wining over 100 prizes, including a Goya Award, dubbed a Spanish equivalent of the Oscar, and the British Academy of Film and Television Arts (BAFTA) award, called the British Oscar.

More information: More information: www.polska.pl/en/culture-and-art/visual-arts/oscar-poles. (www.polska.pl)


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,
e-mail: redakcja@paiz.gov.pl
Polish Infomation and Foreign Investment Agency www.paiz.gov.pl

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