POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 December 10th, 2015,
 Issue 463

NEWS

PAIiIZ rewards investors
For the 9th time, PAIiIZ awarded the most important investments that were completed with the support of the Agency in 2015. The Investments of the Year award ceremony was held on 4 December during in Warsaw Regent hotel. PAIiIZ awards were given in three main categories: “Investment with the biggest value”, “Investment with the biggest number of new jobs” and “Investment in new technologies”. Also “Lifetime Achievement Special Prize” was given.

“Although the 2015 is not over yet, the Agency has already helped to create more than 8,500 new jobs”, said PAIiIZ president Sławomir Majman opening the award ceremony.


Mlekovita Dairy Cooperative receives the award for the biggest investment of 2015 in terms of the value

The award for “The Investment with the biggest value of 2015” went to Mlekovita, the company which manufactures more than 450 types of dairy products and is the second biggest dairy company in Poland in terms of a turnover. The list of the most important products of Mlekovita includes: cheese, milk, fermented beverages, cottage cheese, butter, milk and whey powder. The company was awarded for the construction of a milk powder factory and launching four new production lines in existing plant. The total value of the investment reached PLN 380m.


State Street Bank GmbH Sp. z o.o. as the winner of best investments in terms of the new job creation

This year, “The Investment with the biggest number of new jobs of 2015” award went to State Street Bank GmbH which is to create the Centre of Excellence for Business Processes in Gdańsk, employing 1,200 people. The company will provide accounting and valuation of investment funds as well as tax consulting, investment and risk analysis and management of investment funds. Centre in Gdańsk will serve customers primarily from EMEA (Europe, Middle East, Africa).


The most important high - tech investment of was provided in 2015 by Jeppesen Poland

In "New Technologies" category the prize went to the Jeppesen, which expands the part of the company under the name of GNS (Global Navigation Services) Gdańsk that will focus on data processing and software development for air and sea navigation, as well as providing R&D activity in the aviation technology. The company intends to create 60 new jobs for employees specialising in mobile applications, navigation, geodesy and cartography, as well as geoinformation, aerospace and engineering.


The special award for long-term presence in Poland went to Faurecia Automotive Polska S.A.

The prize for "Dynamic expansion" went to Ursus, Polish company which is to construct tractor assembly plant in Ethiopia.


Ursus receives the award for the most spectacular foreign expansion of the Polish company

A special award for the lifetime achievements went to Faurecia Automotive Poland which owns shared services and R&D centre developing car seats.


The special award for 10 years of successful work and support of the creation of 70,000 new jobs in Wrocław area went to Wroclaw Agglomeration Development Agency (ARAW)

Since the beginning of 2015, PAIiIZ completed 49 investment projects worth over €650m. The all can together generate over 8,500 jobs.


Michał Starost and UFUFU honoured with the award for the most interesting piece of art and design during the Designed in Poland exhibition

More: www.paiz.gov.pl/20151204/paiiiz_rewards_investors. (PAIiIZ)


Companies and people awarded by PAIiIZ in 2015

Go Artic starts with the first Polish business mission to the Arctic region
The first business mission of Polish entrepreneurs to Denmark and Greenland was held between 7 and 10 of December. It focuses on promotion of Polish companies which operate in green technology, high-tech solutions in the energy as well as in advanced industrial.

GoArctic

In Denmark, Polish and Danish entrepreneurs attended a various B2B meetings. Representatives of Polish business participated in the consultation visits with autonomous local authorities of Greenland responsible for natural resources, environment, justice, fishing, hunting and agriculture, construction and infrastructure policies. Participants of the mission from Poland met also the representatives of the Polish community living in Greenland.

Go Arctic programme has been created to promote investment attractiveness of the Arctic to Polish companies. “The Arctic region is a unique place for entrepreneurs operating in the mining and transport industry”, said PAIiIZ President Sławomir Majman. “It’s a promising market for sectors of new technologies, R&D and Polish high-tech companies”, he added. The programme will also provide a platform for dialogue between Polish and foreign investors who invest in the Arctic region.

There are many new economic perspectives on the use of natural resources. Currently, it is expected that melting sea-ice in the Arctic will make waterway stay open for longer. This could be a great opportunity for Polish shipbuilding and shipping industries. Moreover, the uniqueness of that region supports the potential for tourism development. The number of tourists visiting Iceland has constantly growing. It increased by more than 40% last year.


Source: PAIiIZ

Poland is interested in playing an active role in economic exploration of the Arctic region. The Arctic Council has been established in 1996 by the eight countries with sovereignty over territory in that region: Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the United States. Since 1998, Poland is one of its permanent observers.

Follow Go Arctic on FB: facebook.com/goarcticproject and on Twitter: twitter.com/Go_Arctic. (PAIiIZ)

INVESTMENTS IN POLAND

Red Embedded invests in Wrocław
The company providing IT consulting services, Red Embedded Consulting, opens R&D centre in Wrocław. The initial investment costs reach PLN 7 million. The investor has already hired 40 engineers.

To continue its growth, Red Embedded needed to identify a location for a new office. An experienced team was appointed and began a world-wide search for the right location for the company’s most ambitious investment. Wrocław was identified as a clear leader. “Red Embedded quickly identify qualified employees, said Chris Thornborrow, general manager who will head up the Polish office. “Our team in Wrocław will be fully integrated with our existing teams performing the same roles”. The Polish office will begin to deliver services to the clients in January 2016.

According to Sławomir Majman, president of PAIiIZ: “Red Embedded’s investment in Wrocław is yet another proof that Poland is a significant destination for IT business support services. PAIiIZ attaches great importance to investments creating high quality jobs.”

Red Embedded Consulting was founded in 2008. Currently, the company employs 120 engineers providing professional services to a number of globally significant clients. The services it provides have an Engineering bias and include Software, Hardware and Product development and integration services.

More: www.paiz.gov.pl/20151209/red_embeded_invests_in_wroclaw. (PAIiIZ/Red Embeded)

Uber with Centre of Excellence in Poland
Uber announced the opening of Centre of Excellence in Kraków in January. The company is also starting a recruitment of 140 IT and business specialists. This is the first BSS centre of this American star-up in Poland and in the whole Central Eastern Europe.

“Poland is a strategic market for Uber. Our Kraków COE will be one of the most complex in Uber, serving the largest number of countries with the most number of languages”, said Jambu Palaniappan, Uber GM EMEA. Located in Kraków, the centre will become a multi-lingual major hub for Uber, providing service excellence for both users and partner-drivers that cooperate with the company in the region of EMEA. As Palaniappan announced, Uber will invest PLN 38m in the project in the next five year.


PAIiIZ president Sławomir Majman, MDs and CEOs of Uber together with the head of AmCham in Poland Dorota Dabrowski announcing Uber's first investment in Poland

Uber has already started the recruitment of 140 employees to the Kraków COE. “Those are good quality new jobs. We want more of them in Poland”, commented Sławomir Majman, PAIiIZ president during the press conference.

One of the top innovators derived from the Silicon Valey, Uber, has been created in 2009. The company is offering an alternative transport services based on rideshare. The company is present in over 330 cities of 60 countries. In Poland, Uber has been present since 2014 and now provides services in Warsaw, Kraków, Wrocław, Tójmiasto and Poznań. (PAIiIZ/Uber)

Koreans invest in Żarów
At least 72 jobs will be create in Żarów (near Świdnica, dolnośląskie province) by two Korean companies. KCP and ILP operating in automotive industry and will invest nearly PLN 60 million in the Wałbrzych Special Economic Zone.

KCP is a part of Korean company specialising in the production of components used in motors of windshield wipers, steering systems, suspensions and gears, as well as seatbelts. In Żarów, the company will build a new plant, which will employ at least 40 people. The investment will cost nearly PLN 34 million. Construction is expected to be completed in December 2017.

ILP is a subsidiary of the Korean company Ryung IL specialising in the production of automotive components In Żarów, the investor will produce steel parts of steering systems. Construction of the plant will cost almost PLN 24 million. The company is to employ more than 30 people. (WSEZ)

Thales opens a new Waterfront Office in Gdynia
The new Thales office in Gdynia will be responsible for developing new technologies and coordinating regional activities of Thales in the maritime projects, both for military and civil industry. It will also help to manage the most important projects not only in Poland but also in other countries of this part of Europe.

Poland is one of the key markets for Thales - the company has been present in Poland for over 20 years in projects in the maritime sector which includes the modernisation and armament of the Polish Navy. The team of experienced Polish specialists will work in the new office to implement the most important Navy programmes in this sector in Poland.

In March 2015, Thales also signed the cooperation agreement with the Polish Naval Academy for joint training of the Polish Navy’s future personnel and projects in the field of naval defence.

Thales is the world leader in naval technology. The company hires 61,000 employees in 56 countries. (Thales)

EVENTS

Outsourcing Stars Awards
In January 2016, Warsaw will host The Outsourcing Gala Stars, the event presenting the Polish outsourcing BSS sector. PAIiIZ took the patronage over the event.

The Outsourcing Stars Gala will gather representatives of the government, local authorities, public agencies, academics, and international experts from outsourcing and shared services sectors. The fastest growing companies in the industry will be also awarded for their annual achievements.

The Outsourcing Stars Gala 2015 will be held on 28 January 2016 in the Institute of Power Engineering in Warsaw (Instytut Wysokich Napięć).

More information available on: www.proprogressio.pl/pl/gala/gala-outsourcing-stars-2015.html. (PAIiIZ)

ANALYSES AND REPORTS

Good season for employees
According to the 28th Randstad and TNS Poland survey entitled "Employers' Plans", 35% of companies are planning to increase salaries of employees in the next six months. The survey shows that also plans to increase employment in companies remain at a very high level.

As the report shows, employees can expect salary increases in the first quarter of the next year. Over 35% of the surveyed companies admitted that they plan to increase salaries of their employees then. "It is good to be employee in the nearest future, because over one third of employers will get some benefits ", said PAIiIZ president, Sławomir Majman during the presentation of the report.


"It is good to be employee in the nearest future", Sławomir Majman

According to the survey, not only salaries by also employment is growing in the country. 32% of companies plan to create new jobs at the turn of the year. It is a decrease of just 1 percentage point compared to the previous quarter, however at the same time an increase of 5 p.p. y/y and about 12 p.p. more than in 2013. From a regional perspective, the fastest growing of employment can be expected in Pomorskie and Zachodniopomorskie provinces (37%) as well as in such sectors as: logistics, transportation and storage (35% , each) and the industrial sector (33%).

The surveyed companies were also asked to evaluate their financial situation. It appears that they are in good or very good economic condition (67%), while bad or very bad financial position is reported by only 5% of businesses". Companies are in better shape than a year ago, and employers have more arguments to negotiate their conditions”, summed up Majman.

More information: www.randstad.pl/o-randstad/o-nas/aktualnosci/przed-nami-rekordowy-sezon-podwyzek-wynagrodzen. (Randstad)

FROM THE REGIONS

New office of the Subzone
The Wrocław-Kobierzyce Subzone a part of the Tarnobrzeg SEZ moved to the suburbs of Wrocław.

The new office is located at Wyścigowa street 56e, in the immediate vicinity of the sub-zone, The Wrocław-Kobierzyce Subzone of Tarnobrzeg Special Economic Zone was created in 2005 in Biskupice Podgórne. Among the investors operating in this area there are Korean companies as well as UPM Raflatac, Linde Gaz and big multinationals: Compal, Lapp Kabel, Amazon. (ARP Wrocław)

DID YOU KNOW...?

Golden Logo Polska
Robert Lewandowski, Gosia Baczyńska, Rafał Olbiński, Olga Malinkiewicz - are some of this year's winners of the Złote Logo Polska (the Golden Logo Polska) awards. For the fourth time, The Polish Tourist Organisation honoured individuals and institutions for their active role in promoting Poland abroad.

Rafał Olbiński, world renowned graphic designer was awarded in the category "Culture". He has received many prestigious international awards for his posters and artwork, including International Oscar for the most memorable poster in the world - "Prix Saignac". Gosia Baczyńska is esteemed Polish fashion designer. In “Sport” the category Robert Lewandowski, and Paweł Fajdka were awarded. The last one is the youngest gold medallist of the World Championships in the hammer throw. The award also went to Aleksander Doba, engineer and traveller, who sail in kayak across the Atlantic Ocean in 142 days.


Winners of the "Złote Logo Polska" (Source: Agencja fotograficzna Epoka)

In the “Science” category, the award went to Olga Malinkiewicz, 33-year-old physicist, precursor of low-cost methods of producing solar cells based on perovskites. (POT)


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