February 11th, 2016,
 Issue 472


PAIiIZ: First results after mission to Japan
Polish entrepreneurs continue talking with their Japanese business partners and some of them are expected to visit Poland. The OSI Poland Foodworks company has already signed an agreement according to which Polish-Japanese business cooperation will start in April these year. These are the first effects after Polish business mission to Japan which took place between 14-16th of February 2016 and was headed by Mr Radosław Domagalski, Undersecretary of State in the Ministry of Development.

- Meetings in Japan confirmed that both parties are interested in developing economic relations - said Mr Wojciech Pobóg-Pągowski, Director in the Ministry of Development to sum up the results of the business mission to Japan. - We should combine the political scope of the mission with the business one - he added. This opinion is shared by the entrepreneurs and they are convinced that this kind of missions help to create a positive image of our country. As Justyna Dziewota-Jabłońska from the Symbiona company estimated - Tokyo visit was a perfect occasion to develop business contacts with Japanese entrepreneurs. - Economic missions combined with the political aspect increase significantly the level of trust among Japanese companies.

Sławomir Majman: "Japan is becoming once again one of the most important investors in Poland"

Mr Sławomir Majman, President of PAIiIZ, who moderated the meeting assessing the results of the mission, paid attention that Japanese entrepreneurs are more and more interested in establishing cooperation with Polish partners. - Japan is becoming once again one of the most important investors in Poland - he added. (PAIiIZ)

EC winter economic forecast
Robust and stable economic growth along with lower unemployment rate - according to the newest European Commission report this is winter economic forecast.

Real GDP is projected to increase by 3.5% in both 2016 and 2017. Economic growth in Poland is expected to remain robust and stable, driven by domestic demand.

The general government deficit is expected to decrease to 2.8% in 2016 “but the situation might be less favourable in 2017, when it might exceed 3% unless some measures will be undertaken” - warns the EC.

The unemployment rate is forecasted to decline to 7% level in 2016 and to 6,5% in 2017.

More information: www.mf.gov.pl/ministerstwo-finansow/wiadomosci/aktualnosci/ministerstwo-finansow2/-/asset_publisher/M1vU/content/prognozy-komisji-europejskiej-na-lata-2016-2017

Gulf Industry Fair in Bahrain
Polish entrepreneurs presented their cooperation offers at the Gulf Industry Fair which was organized between 9-11th of February 2016 in Bahrain.

Poland presented its offer at the National stand organized by the Trade and Investment Promotion Section of the Polish Embassy in Abu Dhabi. The formula of the whole event was a so-called ‘one stop shop’ and companies represented the following scopes of activities: aluminium production&processing, industrial metal supply, energy and environment protection, industrial processes, logistics and construction of industrial plants, industrial safety and industrial safety trainings.

More information on the fair: www.gulfindustryfair.com/en

Amazon wants to generate over thousand new jobs in Poland
By the end of 2016 Amazon plans to create over one thousand new jobs in Poland - company announced. Right now it employs 4.5 thousand people full time.

New employees will find jobs in three logistics centres located near Poznań and Wrocław, in the Amazon Development Centre in Gdańsk or in Amazon’s Web Services office in Warsaw. Amazon hires over 40 thousands people in Europe. Last year the company created all in all 10.000 new jobs on the continent, next few thousands are supposed to come this year.

More information: http://biznes.pl/kraj/amazon-zwieksza-zatrudnienie-w-polsce-tysiac-nowych-miejsc-pracy/44jq28

Clothing’s export will grow
Polish manufacturers will be able to use the support from EU’s funds, if they focus on innovations.

Polish export of textile materials and other textile products is growing fast. After first three quarters of 2015 the value of the abroad sale of clothing and textiles was estimated at more than 4.62 bln euros. It is by 15.2% more than in the corresponding period of time one year before. Clothing and textiles are one the Polish export specialties. What concerns textiles over a half of production goes abroad. In clothing - almost a half. The export grows mainly due to the orders from EU’s markets. The largest recipient is Germany, other significant markets are the Netherlands and Austria.

More information: www.rp.pl/Program-Rozwoju-Eksportu/302089844-Eksport-odziezy-jeszcze-wzrosnie.html

Polish yachts has become popular among the French
France is one of the main markets for Polish exporters. Last year’s sales value in this country amounted to 9.17 bln euros in comparison with 8.55 bln in the exact period of time one year before. Poland has also a large surplus in trade flows with France: January-November 2015 it amounted to 3.37 bln euros.

Polish export to France is dominated by highly processed goods, such as: mechanical appliances, vehicles and transport equipment, measuring instruments, tools, electrical equipment and defence equipment. They all make almost the half of export’s value. French market is also significant for the Polish yacht’s and boat’s manufacturers. This luxury industry has become one of Poland’s export specialties and France is one of their key recipients. Polish yacht- and shipyards find there purchasers of goods, which value in millions of euros.


More information: www.rp.pl/Program-Rozwoju-Eksportu/302039937-Francuzi-polubili-polskie-jachty.html

Polish furniture makers search for new markets
Poland is the fourth furniture exporter in the world. The manufacturers sell their goods mainly to Europe, but they are willing to enter other continents.

Polish producers estimate that last year export’s value crossed 36.6 bln zloty. It means that from the beginning of the decade it has increased by over 40% and if compared with mid 90’ it nonupled. In global rankings of furniture exporters Poland is placed just off the podium with 6.3% global market share.

More information: http://biznes.onet.pl/wiadomosci/przemysl/polska-to-4-eksporter-mebli-na-swiecie-eksport-mebli-za-36-6-mld-zl/jnn63b

Poland advanced in the Index of Economic Freedom
Poland has made some progress in the global Index of Economic Freedom carried out by The Heritage Foundation and The Wall Street Journal. The country has moved up by 3 positions in year-to-year comparison. This year’s index is one further in which Poland has improved.

It is Poland’s best result in the history of the index. In this year’s report the attention should be drawn to the improvement in the scope of infringements of property, corruption level, business conditions, monetary policy and the freedom of investment. What concerns the size of public sector and fiscalism we do stand relatively poor.

More information: http://biznes.onet.pl/wiadomosci/swiat/awans-polski-w-indeksie-ekonomicznej-wolnosci/lndd1v


New investments in Kraków’s Special Economic Zone
The Board of the Kraków Technology Park (KTP) issued two permits for doing business in Kraków special economic zone as two companies Comarch and Alupol Films sp. z o.o. decided to return to the zone with their investments.

Comarch will invest in the Czyżyny subarea in Kraków, where it has run research and development as well as IT activity for years. The company will spend at least 14 million zloty and open at least 15 new jobs. In turn, Alupol Films, a part of the Alupol Packaging group being a branch of Grupa Kęty, has received the second permit for operation in the Oświęcim subzone of the Kraków Special Economic Zone. By 2022, Alupol Films will have invested from 90 million to 117 million zloty. The investment aims at increasing the operational capacity for production and enhancement of synthetic foils.

More information: www.kpt.krakow.pl/wydarzenia


British-Polish Manufacturing Industries Network
BPCC will organize on 17th of February 2016 a business meeting for Polish and British companies in Birmingham in Great Britain.

The event aims to encourage Polish and British manufacturers to even more active cooperation by showing them the benefits of forming bilateral relations between the countries. During the meeting Poland will be presented from few perspectives - as a potential market, as a manufacturer/ components supplier and as the source of highly qualified work force. The country will be introduced as a joint venture partner for R&D projects financed by EU funds. Poland’s potential in greenfield investment will not be omitted as well.

The meeting will be held in English. The participation in the event, for registered partners, is for free.

More information: http://bpcc.org.pl/en/events/british-polish-manufacturing-industries-network

Production sector in Poland “Made in Poland”
PAIiIZ, JLL, EY and Hays Poland invite to conference “Made in Poland” - production sector in Poland. The event will take place in PAIiIZ’s Information Centre (Bagatela Street 12) on 18th of February 2016 at 11.00 am.

During the conference newest report on production sector “An Investment Guide for Manufacturing Sector Companies" will be presented, which contains also the latest data on the labour market, real estate investment incentives available to foreign investors in Poland. The report has been carried out by JLL company in cooperation with PAIiIZ, EY and Hays Poland

In the course of the event a discussion panel will be held on topic: Poland’s investment attractiveness for projects from the production sector. PAIiIZ’s representatives, experts and investors from the industry will join the discussion.

The participation in the conference is free of charge.
Conference language: English/Polish.

The application form of participation in the conference are accepted until 16th of February 2016 on web page: www3.paiz.gov.pl/konferencje/?made_in_Poland&lang=en.

Conference is opened to media, after previous accreditation: www3.paiz.gov.pl/konferencje/?made_in_Poland.

Thailand - gate to the South-East Asia
Thailand Board of Investment along with the Polish Information and Foreign Investment Agency (PAIiIZ) and OCO Global would like to invite Polish companies to a meeting dedicated to trade and investment possibilities in Thailand. The debate will take place in the PAIiIZ’s headquarters in Warsaw on 2nd of March 2016 between 10.00-13.30.

We would like to invite Polish companies interested in establishing economic cooperation with Thailand and South-Eastern Asia’s countries. Experts from the Thailand Board of Investment and PAIiIZ will elaborate on business and investment possibilities in Thailand and investment incentives available for the Polish companies. They will also address to the participant’s questions. According to the Thailand Board of Investment’s recommendation, sectors which are most perspective for the Polish-Thai cooperation are the following: cars and car parts dealership, petrochemical industry, plastics, IT (data centre, software etc.), machines for the agricultural industry, aviation and defence industries.

The meeting organized for the Polish entrepreneurs will be held in English and will take place on 2nd of March 2016 between 10.00-13.30 in the PAIiIZ’s Information Centre (Bagatela 12 Str. in Warsaw).

Participation is free of charge. Please confirm your participation by registering on the platform Eventbrite: http://bit.ly/1VHb0NP by 26th of February 2016.

More information: Leszek Kołodziejczyk, Economic Development Department, PAIiIZ, +48 22 334 99 50, +48 668 316 142, leszek.kolodziejczyk@paiz.gov.pl.

IT Business in Poland
Synergy Poland would like to invite to a conference entitled "IT Business in Poland". The event is dedicated to foreign suppliers of IT solutions, interested in the Polish market. The conference will take place on 9-10th of March in the Hilton Garden Inn Airport (Kraków/Balice).

IT Business in Poland

Poland has become an attractive market for the suppliers of niche and industry-tailored IT solutions which support management of companies. It is estimated that over 400 SMEs will invest in such solutions by the end of 2016.

Over 150 decision makers representing companies operating In Poland will participate in the conference. The event will be divided in two parts - first day there will be workshops dedicated to expectations of Polish companies towards IT solutions. The second day will be dedicated to presentations of specific information systems.

The event is organized under the auspices of the Embassy of the Czech Republic in Warsaw, Embassy of Hungary in Warsaw, Embassy of the Slovak Republic in Warsaw and PAIiIZ. (Synergy Poland)

More information: http://en.synergia-it.pl/it-business-in-poland


Stadler plans to expand in Siedlce
Stadler implements new investments in Siedlce with the total value of 40 mln zloty. The plan of expanding the establishment focuses on the enlargement of production space by 6 thousand m2 as well as on the creation of space for new offices (2 thousand m2).

Stadler implements new investments in Siedlce with the total value of 40 mln zloty. The plan of expanding the establishment focuses on the enlargement of production space by 6 thousand m2 as well as on the creation of space for new offices (2 thousand m2).

Stadler Poland is one of the major employers in Siedlce. Currently it hires over 700 well-qualified workers. Thanks to new investments new jobs will be open.

More information: www.rynek-kolejowy.pl/wiadomosci/stadler-rozbudowuje-sie-w-siedlcach-75249.html


A Lębork teenager’s company estimated value of 1 mln zloty
Mateusz Mach, an 18-year-old from Lębork has developed a messenger app which allows deaf people to communicate quickly via hand signs instead of typing.

His company - Five Technology Sp. z o.o. (Ltd.) has raised 400.000 zloty in funding to help expand the app which has been widely covered by the international media.

More information: http://technowinki.onet.pl/oprogramowanie/sukces-nastolatka-z-leborka-jego-firma-wyceniana-na-milion-zlotych/r2berg

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