POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 April 16th, 2015,
 Issue 429

NEWS

For the third time investors chose Poland as the best location
Polish - German Chamber of Industry and Commerce (AHK) published the results of the 10th Survey on investment attractiveness of CEE countries. For the third time in a row, Poland has been named as the best investment location in the region. “The real challenge is not to win one gold medal but to win it three times”, commented PAIiIZ president Sławomir Majman.

The investment attractiveness of CEE countries was surveyed among 116 foreign companies active on Polish market. Finally Poland scored 4 points and took over the Czech Republic by almost one point (3.1 points), and others leading countries as Estonia (2.97 points) and Slovakia (2.96 points).

The results of the survey also show that foreign investors are satisfied with providing business activity in Poland. 95% of them describe the conditions of their company as good. 96% of companies would choose Poland as investment location again. To add more, 88% of surveyed companies are planning to increase investments in Poland or to maintain the level of invested capital.


For the third time in a row Poland is the best in the CEE region

As previously, among the biggest investment assets of Poland - except being the Member State of the EU - is human capital including high qualifications, productivity and motivation of Polish employees. Investors also appreciate the high level of academic education in Poland. The country also gets good notes for political stability and the improvement of infrastructure. Investors are impressed by the programme of the improvement of vocational training in the country. More information:

www.paiz.gov.pl/20150414/for_the_third_time_investors_chose_poland_as_best_location. (PAIiIZ)

Towards Vietnam, Indonesia, Malaysia
Polish companies are accompanying the governmental delegation to South - Eastern Asia headed by deputy minister of economy Grażyna Henclewska. During conferences entitled „Made in Poland”, trade fairs and B2B meetings, Polish business representing food, mining and cosmetics sector are getting new business counterparts in Vietnam, Indonesia and Malaysia. The mission of Polish companies has been arranged by PAIiIZ.

Vietnam is the first stage of the governmental mission. This year Poland and Vietnam celebrate the 65th anniversary of diplomatic cooperation between the two countries. On 14 April, delegation from Poland promoted Polish economy and the export offer during the „Made In Poland - cooperation opportunities for Vietnamese companies” conference gathered 120 Vietnamese companies and officials. Under governmental’s wing also B2B talks were held between Polish and Vietnamese companies. Both sides had the opportunity to initiate business cooperation or to continue the already started business negotiations.

The majority of Polish companies participating in the mission represent the food sector. Among them there are: dairy, sweet, meet and bear producers as well as importers of Vietnamese coffee to Poland. Also the representatives of mining sector that is considered as the strategic area of Polish - Vietnamese business cooperation are present at the mission.

During the following days the delegation from Poland will visit Indonesia and Malaysia to take part in next “Made in Poland” conferences and promote Polish enterprise during B2B talks and trade fairs.

The mission of Polish business to Vietnam, Indonesia and Malaysia has been arranged by PAIiIZ and co-financed from the European Regional Development Fund under Operation Programme Eastern Poland Regional Development Found, submeasure I.4.

More information: www.paiz.gov.pl/20150415/towards_vietnam_indonesia_malaysia. (PAIiIZ)

Delegation from Shanghai
On 15 April, under the Go China programme, a meeting with entrepreneurs and officials from Shanghai was held in PAIiIZ.

The Chinese delegation included business representatives of such sectors as: furniture, bicycle, automotive, new materials, aerospace, insurance, real estate, health care, tourism, raw materials, food (food imports), consulting. Also representatives of industry and technology parks were present at the meeting.


Business delegation from Shanghai

Both, undersecretary of State in the Ministry of Economy Arkadiusz Bąk and PAIiIZ president Sławomir Majman confirmed that the future of Polish-Chinese is promising. Economic cooperation with China is one of the key aspects of Polish investment policy.

Chairman of the People's Political Consultative Conference of China, Mr Wu Zhiming expressed his positive opinions and expectations in the area of mutual cooperation.


Ministry of Economy and  PAIiIZ representatives talks with Chinese delegation on business opportunities

Shanghai is the largest and most populous city in China. It is also China's largest economic and financial centre, which currently generates 4% of China's GDP. (PAIiIZ)

Mali - a country of great investment opportunities
”Poland is looking for investment partners where the future of the global economy is, so we believe in the future of Africa”, said PAIiIZ president Sławomir Majman opening the meeting, dedicated to investing in Mali, attended by the governmental delegation from this country.

Minister for Overseas Malian Abdramane Sylla and minister of Urban Development and Housing Dramane Dembélé, together with president of the Cluster For Africa - Mamadou Bah and Member of Polish Parliament Killion Munyama were invited by PAIiIZ for talks about the opportunities of cooperation between Mali and Poland, as well as about the investment potential of the country.


Discussion on investment opportunities in Mali between governmental delegation from Mali and representatives of Poland

Mr Abdramane Sylla talked about great economic potential of Mali. However, he said, the country still waits to be discovered by foreign investors. “Mali needs investment in agriculture and infrastructure”, he explained. “Malian real estate market is very attractive area of cooperation. By 2025, we will need over 400 000 new flats and houses”, argued minister Dembélé. Moreover, the development of infrastructure for the needs of local and international distribution or food sector creates other opportunities for investors. Minister Dembélé also focused on potential in the mining sector. In Mali, there are large deposits of iron, bauxite, manganese, and calcium phosphates and uranium that haven’t been explored yet.

By 2014, the Polish exports to Mali reached €2.9 m, while to Poland was €2.7m.

More information: www.paiz.gov.pl/20150414/mali_country_of_great_investment_opportunities. (PAIiIZ)

INVESTMENTS IN POLAND

Spring in investments
It’s time to start next quarter in investments. PAIiIZ portfolio has been reinforced by 9 new projects. Currently, the Agency is providing 175 investments that in the future can generate 32,197 new jobs and in total are worth €3,271.85bn.

Since the beginning of next year, the Agency has successfully completed 10 projects (€162.14m of the total value and 2,697 new jobs planned) represented by such sectors as: aviation, BPO, R&D, automotive, ICT and food industry.


© Agnieszka Kaczmarek-Fotolia.com

Among ongoing projects the majority come from automotive sector (35 investments worth €774.75m in total), BPO (32 investments worth €30.35m), R&D (19 projects worth €56.74m in total) and others as aviation or food investments. In terms of the country of origin of FDI supported by PAIiIZ, as previously, the Americans predominate.

More information: www.paiz.gov.pl/20150401/spring_in_investments. (PAIiIZ)

Faurecia Gorzów member of KSEZ
Faurecia Gorzów Company received business permit in the Kostrzyn Special Economic Zone. Planned investment is worht more than PLN 56m.18 new jobs will be created there.

Due to the investment, the increase of production capacity of Faurecia Gorzów plant is expected. The company will purchase complete production line and build warehouse, new office spaces and car park. (KSEZ)

Quarter in Mielec Special Economic Zone
In the first quarter of 2015, 6 companies received business permits from the Management Board of Mielec SEZ. The total value of expenditures for investments has been estimated at PLN62m. Creation of 64 new jobs is also planned.

The list of companies that received permits consists of: Melex, Pharmaceutical Factory COLFARM, Spiroflex, BASCO 2, ML System and P.H. LEMAT.

Since the beginning of Mielec ZES zone existence all companies already invested PLN 6,6 bn and created almost 27,000 new jobs. Among the most popular sectors in the zones there are: aerospace, automotive, metalworking and plastics processing. (ARP)

MACROECONOMIC POLAND

  • Exchange rates (as of 16.04.2015):

Buy

Sell

USD

3.7487

3.8245

EUR

3.9874

4.0680

Source: www.nbp.pl

EVENTS

B2B meeting with Chinese business
PAIiIZ welcomes business representatives to B2B talks with Chinese counterparts from Dalian. The meeting will be held on 20 April at 9:00 in InterContinental hotel in Warsaw.

The Chinese companies present at the meeting represent such sectors as: foundry, machine construction, bearing, insulators, collars, caps and lathes manufacturing.

Access to the meeting is available by: www.gochina.gov.pl/Dalian_B2B by 17 April. (PAIiIZ)

Join Italian Business Day
On 23 April, PAIiIZ invites Italian companies active on Polish market to Italian Business Day. The Italian Ambassador in Poland, Mr. Alessandro De Pedys will be the Honorary Guest and PAIiIZ is the Official Partner of the event.

The meeting will be focused on a panel discussion on positive experiences leading to the expansion of business but also on pitfalls and surprises that may be encountered by Italians doing business in Poland.

Italian Business Day will be held on K&L Gates, Pl. Małachowskiego 2 in Warsaw.

Access to the meeting by: events.warsaw@klgates.com. (K&L Gates)

How to settle down in China?
On 24 April at 9:30, PAIiIZ invite you to the seminary that will help you to prepare to do business in China and take part in trade fairs or aquire financing for participating in missions. You will also learn about cultural barriers or how to provide B2B talks in China.

The seminar will be conducted by Jacek Kisiała - an expert in national and international exhibitions.

Access to the seminar is free and available by 22 April 12:00 at www.paiz.gov.pl/targi_w_Chinach. (PAIiIZ)

The Political-Economy of Place-Based Policies with a Focus on SEZ
On 23 and 24 April in Warsaw School of Economics “The Political-Economy of Place-Based Policies with a Focus on Special Economic Zones” conference will be arranged.

The first day of the event is dedicated to the presentation of the results of research on economic zones in the world. On the second day, a panel discussion on the future of the SEZ will be held.

Centrum Analiz Społeczno - Ekonomicznych CASE and PAIiIZ are organizers of this event

Registration at www.case-research.eu/pl/konferencja_sse. (WSE)

Go Global - Go Saudi Arabia, Katar and Oman
PAIiIZ took the patronage over the next edition of “Go Global” conference arranged by Rzeczpospolita Daily. This time we invite you to join the conference dedicated to the cooperation with Gulf countries. The meeting is held in InterContinental hotel on 24 April at 10:00 (Registration starts at 9:30).

Saudi Arabia, Qatar and Oman are the countries associated with the oil and natural gas. The oil sector generates nearly half of GDP in those these countries. Openness to foreign trade cooperation and creating favourable conditions for foreign investors creates good opportunities also for Polish companies.

How to do business in the Gulf countries will be the main highlight of the even.

More information: www.rp.pl/goglobal. (RP)

Automotive CEE Day
PAIiIZ took the patronage over the second edition of purchasing meeting - Automotive CEE Day. The event will be held on 28 and 29 April in Kraków.

The main point of the meeting are business talks between automotive companies in CEE countries which are interested in establishing cooperation in the area of production, both in national and international scale.

The event is organised by the research and analysis company AutomotiveSuppliers.pl.

Detailed information is available on www.automotiveceeday.eu. (Automotive Suppliers)

Aerospace & Defence Meetings Warsaw
From 11 to 13 May, Warsaw will held meeting dedicated to Aerospace and Defence sectors in Poland. PAIiIZ took the patronage over the event.

Aerospace and Defence Meetings Warsaw is a great opportunity for leaders of the aerospace and defence industry to make new business relations and strengthen existing ones. This is also a great occasion to meet potential partners from Poland.

The event will be arranged in Exhibition Centre EXPO XXI (ul. Prądzyńskiego 12/14)

More information: www.bciaerospace.com/warsaw. (BCI Aerospace)

Beach Volleyball Business Cup 2015
Between 27 and 28 June, the beach close to Sopot’s jetty will host the 5th Beach Volleyball Business Cup that is addressed to companies and employers’ organizations.

The event has been designed to create an unique business and leisure platform and strengthen the idea of fair play in business. 23 companies including Thomson Reuters (Markets) Europe, Geoban, WNS Global Services (UK) Limited, Torus, Invest in Pomerania or Jabil Circuit Poland took part in last edition of the Beach Volleyball Business Cup.

PAIiIZ invite you to join the Cup! To register please visit: www.bvbcup.pl. (BVBCup)

EXPO 2015

Poland - it is time for EXPO
Organized since 1851, the Universal Exhibitions EXPO are considered as the most prestigious promotional events in the world. This year, EXPO will be held in Milan, and Poland will be in the very centre of the event. On 15 April, in the Banker's Club a press conference dedicated to the Polish participation in EXPO 2015 in Milan was held.

EXPO 2015 starts on 1 May and will last six months until 31 October. Presentation of 150 countries that all will try to interpret the official motto of the event "Food planet, energy for life", is expected to attract 20 million visitors to Milan this year.

Every element of the Polish presentation at EXPO 2015 will refer to food sector, agriculture and the food processing. For instance, the facade of the Polish Pavilion reminds apple boxes made of wood while interiors hide a secret garden. “We will try to show that Poland is a real empire of food production”- said PAIiIZ president Sławomir Majman, who is the Commissioner General of the Polish Section of the EXPO 2015 in Milan.

“The combination of high-quality products, competitive prices, well-developed organic farming, modern infrastructure and technology make Poland successful in this sector “, added undersecretary in the Ministry of Economy Arkadiusz Bak.


Speakers of the EXPO conference (source: PARP)

The six-month programme of Polish participation at EXPO 2015 combines various kinds of events. Visitors of Polish Pavilion will have a chance to take part in Polish - Italian Business Forum, conferences on the potential of Polish regions, the IT Week connected with the promotion of the Polish gaming industry or the Space Technology Week”, added the Commissioner. Also Polish Section will host cultural events, such as concerts, Polish films’ shows combined with workshops with film students from around the world, as well as the presentations of Polish design achievements and culinary heritage.

To promote the Polish presence at EXPO 2015 a unique cook book made by top Polish cooking bloggers and chefs entitled "Appetite for Poland" was created, that presents the combination of Polish-Italian flavours. During the conference, uniforms for Polish Pavilion Staff were also presented. The concept of uniform was designed by Edyta Pietrzyk. The uniforms contain #Poland symbol while the colours of clothes refer to stripe pattern of the Łowicz folk pattern.

Uniforms of the Polish Pavilion at EXPO 2015 staff (source: PARP)

More information: www.paiz.gov.pl/20150414/poland_it_is_time_for_expo. (PAIiIZ)

FROM THE REGIONS

Open for Scandinavia
On 21 April in Elbląg will host the conference entitled "Open for Scandinavia" that coincides with the visit of Swedish and Finish investors.

It is the third time when participants of the event discuss the opportunities of doing business by the Scandinavians in Warmia and Mazury province. This year 24 companies from Scandinavia interested in making business contacts in Poland will take part in the conference.


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