INVESTMENTS IN POLAND
Borgers enters to Poland
Automotive manufacturer Borgers AG opened its first factory in Poland. From 24 August, car interior fittings will be manufactured by this German company in Złotoryja (Dolny ¦l±sk). Polish Investment and Trade Agency (PAIH) has supported the investor in the implementation of the project in Poland.
In 2015, the German manufacturer lunched a second factory in USA. Meantime, it had also decided to implement its next European production project. Except Poland, Czech Republic and Slovakia were taken into account by the investor. Eventually, Borgers had chosen Poland.
For the investment, the localization consulting services in Poland had been entrusted to PAIH. “Due to the business potential of Borgers and the specific nature of its investment project, the Agency has recommended the investor plots of specified parameters in five voivodships primarily chosen by Borgers: in Opolskie, ¦l±sk, Dolny ¦l±sk, Lubuskie and Zchodniopomorskie.
PAIH has also mediated in the preliminary talks with local governments and economic zones”, – explains PAIH President Tomasz Pisula. (PAIH/Borgers AG)
More information: www.paih.gov.pl/20170823/borgers_enters_poland
Packaging manufacturer invest in Suwałki Special Economic Zone
In August 2017, Management Board of SSSE issued business permits for: PPHU MARTEX, Padma 3.0, Masterpress S.A. and KARTON Sp. z.o.o. All of these companies are specialized in production of packaging. The total value of new investment projects is over PLN 34m.
PPHU MARTEX is among new investors in the zone. The company is specialising in manufacturing of polyethylene and different types of packaging, cleaning and hygiene accessories. By the ned of 2020, the enterprise will invest over PLN 3 m quarter in the Ełk sub-zone, and will create 6 new workplaces.
The other three companies are reinvesting in the Suwałki zone by expanding their production facilities. First of them is the subcontractor of IKEA, Padma 3.0, which manufactures wood products, wood-based panels and plastics. In SSSE will invest over PLN 18m and will increase their employment by 10 new employee, to 222 workers. Similar plans has been made by Masterpress, a company producing labels and packaging. Its investment, worth PLN 9m, will allow to expand its production and storage hall in Białystok sub-zone. KARTON Sp. Z. o.o, which is producing packages out of wavy textures, has also plans to expand its production hall. This project will cost PLN 3,5m.
So far, the Suwałki SSE has given 243 permissions of running business in the zone. The zone occupies 648,4501 hectares and includes three Polish voivodships: Podlaskie, Warmińsko-Mazurskie and Mazowieckie.
Silvan and Porta KMI with permissions from Warmińsko-Mazurska SEZ
The Polish doors and windows' producers, PORTA, will build a logistic and storage base in Warmińsko - Mazurskie SSE, it will also establish do B+R activity, there. Meanwhile, a German furniture company Silvan is planning the expansion of its industrial plant.
PORTA KMI has chosen Warmińsko-Mazurskie SSE out of 5 different locations in Poland. Thanks to the project, a new production facility will be built. Also IT development section will be implemented there. The investment is worth PLN 16m and will bring 12 new jobs to the company.
The German company Silvan, which is specialized in wood products from the garden, will create over 100 jobs and expand the company’s production infrastructure, by purchasing new machines, equipment and means of transport.
Doing Business in Germany: Opportunities Through Innovation
Polish Investments & Trade Agency and German Trade & Invest invite you to a workshop dedicated to the opportunities of investment expansion for Polish companies to Germany. The Doing Business in Germany will take place on September 12 at the Polish Investments & Trade Agency (Bagatela 12) at 10 AM (registration from 9:30 AM).
PAIH President Tomasz Pisula and German Ambassador in Poland Rolf Nikel will be the hosts of the event.
Once again, on 12 September, in The Heart Warsaw in Warsaw, R&D Summit will be held. An event which brings together R&D leaders from Poland and from all over the world. It is an occasion to learn the latest trends and get information about tools in the innovation area, as well as directions of technological development and ecosystems of innovation.
The conference is organized by techBrainers, whose aim is the integration of specialists of the B+R+I sector in Poland. During the event there will be: sessions with keynote speakers, discussion of R&D heads and roundtables.
Everyone concerned are pleased to register on www.rdsummit2017.evenea.pl
More information about the event: www.rdsummit.pl/?lang=en
12 Congress of Industry and Automotive Market
Polish Investment and Trade Agency invites you to the 12th Congress of Industry and Automotive Market, which is under its honorary patronage. The event, that will offer merits-related knowledge and industry insights, will be held on November 8-9 at the Sound Garden Hotel in Warsaw.
The expected number of participants is about 600 people: biggest players in the automotive parts market, as well as representatives of government and state institutions.
The new formula of the Congress will be centred around numerous panel discussions, which will be accompanied by experts’ debates, B2B meetings and networking sessions. Also there will be awarded the prize of the Polish edition of the Safe Workshops of the Year 2017 competition.
The organizers of the event are industry institutions and organizations: PAIH, STM, SITK, Moveo, as well as technical universities - Warsaw University of Technology and Military Academy of Technology.
More information soon at: www.moto-konferencja.pl
7th annual CEE Investment and Green Buildings Award
On October 26, 2017 at the Intercontinental Hotel in Warsaw, there will be held the EuropaProperty Award in investment and ecology sector Ceremony. The event is considered to be one of the most important events in the Central and Easter European industry.
On this day, more than 400 CEE leaders will meet to award prizes to companies and individuals who have shown the best results, made the best investment deals, and reported growth and development over the past year.
ANALYSES AND REPORTS
Brexit not so dreadful for commercial cooperation with United Kingdom
United Kingdom will formally leave the European Union in March 2019 and will trade with the EU countries under existing rules for the next three years. BZWBK experts has examined the impact of Britain’s exit from EU to conclude that Brexit does not necessarily have to mean negative consequences for Poland.
Recent Central Statistical Office’s (GUS) data show that Polish exports should not be reduced to UK in case of Brexit threat. Despite the fact that in the Q3 of 2016 (after the announcement of Brexit) the sale of Polish companies dropped down in UK, the growth trend is now clearly visible. As the data shows, the British market is still rich of business opportunities for Polish companies.
If the worst scenario of Brexit was fulfilled, we would expect the introduction of WTO tariffs. Such situation would cause a decrease in demand for EU goods in UK, as well as for UK goods in EU. Thus, BZWBK experts believe that changing the rules, on which commercial relations of UK and EU are based on is not going to suit nobody.
“The United Kingdom is a country that imports on a large scale and where consumers value the opportunity to choose products from all over the world. 52% of food consumed in the UK is imported. From this group 1/3 is imported from the European Union. Therefore, it seems that the status quo is highly likely to be maintained”, says Marcin Luziński, an economist at the Bank ZWBK. “The UK does not have to drop on the list of Polish exporters from the current second place”, adds Luziński. (BZWBK)
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