POLISH INVESTMENT AND TRADE AGENCY
NEWSLETTER
 March 31st, 2017,
 Issue 530

NEWS

Polish-African cooperation - the gaining momentum
In the past week, the Polish Investment and Trade Agency hosted two African delegations. On 27 March, the Poland-Botswana economic seminar was organised. A day later, the representatives of the Agency met with the delegation from Nigeria.


Poland-Botswana economic seminar (photo: PAIH)

"For Poland, Botswana is interesting partner for cooperation in the mining sector, as Polish technologies can be used both for diamond extraction and for exploration of large disposal of unused coal", said Krzysztof Senger, executive vice-president of the Polish Investment and Trade Agency. "Botswana is one of the African diamonds," said Botswana Ambassador H.E. Lameck Nthekel. "It's a democratic, safe country. Ideal place for the companies that want to launch business in the whole region”, said the Ambassador. The seminar was organised during the visit of the representatives of the Botswana Investment and Trade Centre (BITC) in Poland.


Meeting with a Nigerian delegation at Polish Investment and Trade Agency headquarter (photo: PAIH)

The meeting with the officials from Nigeria was devoted to bilateral trading and investment opportunities. The Nigerian delegation visiting Poland consists of the representatives of Nigerian Ministry of Foreign Affairs, the National Steel Raw Materials Exploration Agency, the Council for Renewable Energy Nigeria, Chemtech Group and the Nigeria Mining Cadastre Office.

The Nigerian market creates opportunities for Polish companies from mining, energy IT sector (coal mines, coal power plants, power lines, refurbishment of existing power plants, use of biomass and biofuels), as well as marine, agri-food and defence sectors. (PAIH)


Meeting with a Nigerian delegation at Polish Investment and Trade Agency headquarter (photo: PAIH)

More information:

INVESTMENTS IN POLAND

300 jobs in the Katowice SEZ
Almost 300 new jobs and more than PLN 170 million - these are the results of the three new investments in the Katowice Special Economic Zone.


KSEZ, Gogolin industrial area (photo: KSEZ)

The German company Hengst, which produces parts and accessories for motor vehicles will operate in the Gogolin industrial area near Opole, at the A4 motorway. With PLN 66 million, the company is to build a factory and employ at least 130 people.

Another project is the construction of a new plant of Brembo, which is the largest investor of the Sosnowiec-D±browa subzone of the KSEZ. The company will create 10 new jobs in its new cast iron factory in D±browa Górnicza. The new project is worth PLN 100 million. So far, Brembo has invested in the Zone PLN 714 million.


KSEZ, Gogolin industrial area, plan of plots (photo: KSEZ)

Rockwell Automation decided to reinvest on the plot included to the Katowice SEZ at the end of December 2016. The company is to invest PLN 5.5 million and hire 150 people.

In 2017, the Katowice SEZ already granted 7 permits and plans to issue 18 more. (KSEZ)

Fast-Fol with permission in M³awa
Fast-Fol Recycling builds a production plant in M³awa. Permission for the project was issued by the authorities of the Warmia - Mazury Special Economic Zone.

Fast-Fol plant will be equipped with modern and environmentally friendly machines. As part of an investment project worth over PLN 6 million, sixteen jobs will be created.

The investor is engaged in the recovery of raw materials from plastic seals, used in a production of plastic bags. The innovative recycling technology used by the company (segregation, shredding, washing, drying, regranulation) has been developed jointly with the University of Warmia and Mazury. (WMSEZ)

EVENTS

International Week Warsaw in May in Warsaw
From 6-14th May 2017 Polish Students’ Association will held the 24th edition of the International Week Warsaw. The event is organised under the patronage of the Polish Investment and Trade Agency.

During that time, students of the Warsaw School of Economics together with 20 guests from the best business schools in Europe and Asia will have a chance to get to know Polish business and culture. Throughout the Company Visits and Case Studies, students will have a closer look on the characteristics of Polish business and the internal market.

The main goal of the International Week Warsaw is to show the assets of Poland. After each edition, vast majority of the participants come back to Poland for Erasmus programme or seek for job opportunities. (ZSP)

More information: http://iww.zspsgh.pl

ANALYSES AND REPORTS

Polish Development Fund’s report: V4 countries as the European Innovation Centre
‘Poland moved from middle to high-income status in less than 15 years’, says the new World Bank report ‘Lessons from Poland, Insights for Poland’. The Report addresses two sets of questions: what can other learn from the remarkable transition of our country and what policies could it adopt to continue its ascent.

The report shows that Central Europe has a great potential for innovation, however not fully exploited. The level of innovativeness of the V4 economies is currently too low to bridge the gap separating the region from the Western Europe when it comes to the level of development. According to the survey, Visegrad Group countries spend from EUR 100 to EUR 300 per citizen on innovation, almost twice less than the EU average (~ EUR 560 per capita). Moreover, the combination of negative demographic trends and the slow pace of creation and implementation of new technologies cause a serious risk of slowing down the growth dynamics in the next decade. Among the barriers of development of innovation in the V4, there are: low labour costs, which paradoxically reduce the potential return on investment and do not encourage to such projects. Also, the dominance of small businesses in the region makes the entrepreneurs cannot afford to spend budget on innovation. The barrier is also a small experience in international expansion, which is a result of relatively young age of the companies. On the other hand, what is typical for the region is high level of entrepreneurship - more than 40 SMEs per 1,000 inhabitants, what is up to 50% more than in Western Europe.

The Central Europe has the potential to move quickly to a knowledge-based economy. The authors of the report believe that the region can become one of the world's centres of innovation, but under the condition of close internal cooperation in developing an ecosystem for innovation.

More information: www.pfr.pl/pl/aktualnosci/raprot-pfr-stan-innowacji-w-regionie-europa-southeastern-asia


Editorial office: Polish Investment and Trade 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 Investment and Trade Agency www.paih.gov.pl