POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 June 12th, 2014,
 Issue 386-387

NEWS

Polish Pavilion at EXPO 2015 will be designed by 2pm studio
On 6 June in PAIiIZ, in the presence of deputy prime minister Janusz Piechociński, the results of the national-wide architectural competition for designing the Polish Pavilion at EXPO 2015 in Milan were presented. The first award went to young architects form 2pm studio for project full of strong, symbolic expression.

”Feeding the planet, energy for life” is the official motto of EXPO 2015 that will be hold in Milan between 1 May and 31 October 2015. EXPO is dedicated to the agriculture and food sector that is considered as Polish export specialty.

59 Polish studios took part in contest. They represented both - the most experienced companies as well as studios run by young artists. The leader of a winning team, Piotr Musiałowski, wanted his concept of the Palivion to resemble a symbolic labyrinth, with the magic garden - Polish orchard full of apple trees that is placed in the centre of the building. This mysterious green interior is hidden behind an openwork panels that refer to wood fruit boxes and its simplicity of form. It is worth noting that boxes for fruits are used by designers as a material for creating furniture: beds, tables or even bookshelves.


Winning project of the Polish Pavilion by 2pm

This idea let the Jury to give 2pm studio the first price in the contest. The judges were impressed the most by the contrast between simple look of the Pavilion’s front and its idyllic interiors as well as the reference to apples that are a very positive symbol in many cultures.

More information: www.paiz.gov.pl/20140606/polish_pavilion_at_expo2015_will_be_designed_by_2pm_studio. (PAIiIZ)

Poland in pole position
Poland maintained its leading place in the ranking of investment attractiveness in Central and Eastern Europe. It is the second year in a row that the country won the competition.

According to the foreign companies, Polish economy has no equal in the region. 91% of respondents assess the economic situation in Poland as good or satisfying. 94% of respondents would choose Poland again for the place of their investment project - this is, the highest result in the region and the same result as Estonia. As for the investments in CEE, 80% of respondents would choose the region again.

During the conference presenting the results of the report, president of BASF, Dirk Elvermann, emphasized that the decision to locate BASF factory in Poland was right, and if he had to choose once again, he would also invest in Poland.


Presentation of investment attractiveness survey of Central and Eastern Europe, 2014

German companies are on the second place on the PAIiIZ’s list of supported projects. They are mainly interested in the automotive industry and BSS.

The report was prepared by the Polish-German Chamber of Industry and Commerce and presented on 10 June.

More information: www.paiz.gov.pl/20140610/poland_in_pole_position. (PAIiIZ/AHK Polska)

Quality, knowledge and technology
PAIiIZ has organized business mission to Vietnam. During meetings in Hanoi and Ho Chi Minh Polish entrepreneurs have the opportunity to presents their offer.

On 11 June, on the first day of the mission, undersecretary of state in the Ministry of Foreign Affairs Katarzyna Kacperczyk and PAIiIZ member of the Board, Monika Piątkowska, took part in the Poland - Vietnam Business Forum. The event was also attended by 400 Polish and Vietnamese entrepreneurs. Polish companies represent such sectors as: agri-food, construction industry, energy, pharmacy, financial, mining, IT, railway, environmental protection and shipbuilding. The business mission also includes paying a visit to Ministry of Agriculture. On 13 June, the representatives of Polish government and Polish companies will visit Ho Chi Minh. The mission has been arranged by the Ministry of Foreign Affairs and PAIiIZ and co-financed by the European Union.


PAIiIZ deputy president Monika Piątkowska talking about business opportunities offered by Poland

More information: www.paiz.gov.pl/20140611/quality_knowlege_and_technology. (PAIiIZ)

13th China International Consumer Goods Fair
13th China International Consumer Goods Fair in Ningbo - the larges consumer fair in the area of Yangtze River has just successfully finished. The event was attended by PAIiIZ president Sławomir Majman and Polish entrepreneurs who went there under the business mission arranged by PAIiIZ and Trade and Investment Promotion Section of Polish Embassy in Shanghai.

The exhibition of goods offered by exporters from Central and Eastern Europe has been the main highlight of the event. Polish companies had the opportunity to show their products at exhibition stands arranged for them together by PAIiIZ and Investment Promotion Section in Shanghai. Polish companies were also offered the logistics services, participation in various events organized during the fair. They also took part in B2B meetings.

More information: www.paiz.gov.pl/20140609/13china_international_consumer_goods_fair/en. (PAIiIZ/WPHI Shanghai)

INVESTMENTS IN POLAND

5,000 new jobs due to PAIiIZ support
Since the beginning of 2014, 19 investment projects worth €1,5 billion have been completed with the PAIiIZ support. Thus, soon 4,965 new jobs should be created.

Currently, PAIiIZ supports 154 investment projects worth €2,998.45m in total, that in the future can deliver 32,500 new jobs.

The majority of projects come form the US. The American investor provides 41 investments that together are worth €543.65m and should bring 6,405 new jobs. Next is Germany with 28 investments. On the following places there are investors form the UK (10 projects), France and Japan (9 projects each), China, India, Sweden and South Korea (6 projects each).

BPO maintained the position of the most popular sector among investors supported by PAIiIZ (33 projects). The leader is followed by automotive (29 projects), R&D (11 projects), aviation (10 projects), electronic and wood sector (8 projects each).

More information: www.paiz.gov.pl/20140605/5000new_jobs_due_to_paiiiz_support. (PAIiIZ)

New investment in Kamiennogórska Zone
PLN 18m will be invested and 10 new jobs will be created in Kamiennagóra Special Economic Zone due to PHU "Metal" that plans to implement a new manufacturing technology.

The company specializes in metal products manufacturing, including specialized tools, locks for fair exhibitions and fencing caps. In KSEZ the company will build a production hall and warehouse facilities. New machinery and production lines will be also bought. ("Mo-Me" Multimedia)

Heli-One, with headquarters in Jasionka
The Canadian company Heli-One officially launched the business in Jasionka near Rzeszów.

Heli - One is a part of CHC Helicopter - a large helicopter services company specialising in helicopter maintenance repair and overhaul. Jasionka is one of four places in the world where Heli-One has its service units. The new unit will provide service support for customers from Central Europe and the Middle East, such as German police or navy in Thailand. The Canadians also plan to provide services for Polish army. The company has chosen Podkarpacie region for locating its unit due to the aviation cluster and academic institutions for aviation professionals that are located there. (Euro-Park Mielec Special Economic Zone)

Alteams Poland in Lebork
Alteams Poland is celebrating the inauguration of its new plant in Lebork in Pomerania. The region was selected due to its location, which enables it to serve effectively Alteams key customers within 48h.

It is the biggest foreign investment in the manufacturing sector in Pomerania for the last couple of years. By the end of 2014 there will be about 100 employees in Alteams Poland.

All essential processes including High Pressure Die Casting, CNC, surface treatment, assembly and supply change management are operational.

The key clients of the investor include such companies as Ericsson or NSN. The majority of products from the Lebork-based facility will be exported. However, part of the production will be delivered to EMS (electronics manufacturing services) companies in Poland. The regional recipient of Alteams’s products is Flextronics - the American high-tech contractor, whose facility is located in Tczew.

Alteams is one of the world’s biggest supplier of cast light metal components to the telecom sector. (Invest in Pomerania)

MACROECONOMIC POLAND

  • Exchange rates (as of 12.06.2014):

Buy

Sell

USD

3.0099

3.0707

EUR

4.0752

4.1576

Source: www.nbp.pl

EVENTS

How to participate in the World Bank tenders?
PAIiIZ and the World Bank in collaboration with the Polish Confederation Leviatan organise workshops for experts representing consulting companies. The meeting will be held on 23 June in PAIiIZ.

The meeting is dedicated to professionals and consultants representing financial advisory sector with the fluent knowledge of English as well as advanced in providing projects co-financed by the EU founds, who are interested in the expansion to foreign markets through participation in projects financed by the World Bank.

Applications will be accepted until June 15 at www.paiz.gov.pl/seminarium_PSLO.

The programme is available on: www.paiz.gov.pl/20140623/jak_uczestniczyc_w_przetargach_banku_swiatowego. (PAIiIZ)

Polish-Dutch Economic Forum
On 25 June, on the occasion of the official visit of his Majesty King Wilhelm Alexander and Her Majesty Queen Maxima, the National Stadium in Warsaw will host Polish-Dutch Economic Forum. Participation in the event has been confirmed by president of Poland Bronisław Komorowski.

The official visit of the king will be accompanied by a business delegation representing energy, agriculture, logistic and water management sectors. After the plenary session B2B meetings between Polish and Dutch entrepreneurs will be held.

The Forum is organised by Ministry of Economy, the Embassy of the Kingdom of Nederlands and PAIiIZ.

The registrations to the forum until 18 June by www.paiz.gov.pl/Polska-Holandia.

Media acreditiation is available until 23 June by www.paiz.gov.pl/Holandia_media.

More information: www.paiz.gov.pl/20140625/polish-dutch_economic_forum.

(PAIiIZ/Embassy of the Kingdom of Nederlands)

8th MA thesis contest!
For the eighth time Teraz Polska Promocja contest for the best MA thesis on the Polish promotion has started. Nearly PLN 50,000 can be won by competitors. The MA thesis can be submitted until 17 October 2014.

The contest is arranged for the eighth time together by Teraz Polska Foundation PAIiIZ, POT and PARP. MA thesis on various topics related to promotion of Poland, including the country’s image creation as well as promotion in terms of economy, agri-food, tourism, sports, culture and science or regional promotion Polish are welcome to take part in the contest.

Application is available until 17 October 2014.

More information:
www.terazpolska.pl/pl/konkurs-teraz-polska-promocja
(information is provided in Polish only). (Teraz Polska)

Polagra Food
PARP invites you to participate in the fourth edition of the international matchmaking event which will be held on 30 September 2014 at the International Trade Fair POLAGRA FOOD in Poznan, Poland.

The Matchmaking event is dedicated to food industry companies who operate in such areas as: food and beverages (manufacturers, distributors, importers), HoReCa, food technology, packaging and transport.

Participation is free of charge.

The registration form is available at: www.b2match.eu/b2b-food2014.

More information: www.een.org.pl/index.php/Europa/articles/gielda-kooperacyjna-na-targach-polagra-food-poznan-30-wrzesnia-2014-r.html. (PARP)

ANALYSES AND REPORTS

The surplus in foreign trade
According to data published by Polish central statistic office (GUS), in January-April period, Polish export of goods reached € 53,4bn and increased by 6.6% compared the same period last year. On the other hand, an import was higher by 3.3% and reached € 52.7bn y/y. Last year, € 0,9bn trade deficit has been converted into a € 0,7bn surplus.

After four months of 2014, exports to developed countries increased by 8.7% (to €44,8bn), while import was four times slower (to €34,2 bn). As a result, positive balance of trade has grown by €2.9 bn to the level of €10.6 bn.

The exports to the European Union increased by 9% (to € 41 bn). After four month of 2014 exports to less development countries decreased by 3.3% (to €8.6 bn). Meanwhile, imports increased by 5.5% (to €18.5 bn). As a result, trade deficit got deeper by almost €1.3 bn to €9.9 bn.


© Victoria-Fotolia.com

In terms of sectors, exports increased in: electromechanical products’ sectors that dominate in Polish foreign trade (by 9.8% to € 21.3 bn), in agri-food products (by 8.2% to € 6.9 bn) and light industry (by 12.1% to € 2.1 bn). (Ministry of Economy/GUS)

Poland prints for Europe
According to the recent report on printing industry in Poland provided by KPMG and Polskie Bractwo Kawalerów Gutenberga (Chevaliers de Gutenberg), the popularity of Polish printing products and services is rapidly growing in foreign markets.

In 2013, Polish exports of printing goods and services have reached PLN 5.34 billion. This is the increase by 8.8% year on year. Packaging and labels are the leading products exported by Polish printing industry. Between 2009-2013, the foreign sale of those products grow by 68%, while at the same time the total exports of printing goods and services increased by 48%.

As in the previous year, the majority of clients of the industry were located in Germany. Over 64% of Polish printing products sold in foreign markets went there. The leader is followed by France and the Netherlands (each with 20% of export share) and the United Kingdom (17% of export share).

Polish printing companies assess the situation in the Polish market as good. According to KPMG estimates, in 2013 the value of product sold by the printing industry in Poland reached PLN 11.7 billion. By 2015 it may even grow to PLN 13 billion. KPMG survey also shows that the printing industry is optimistic about the future. Nearly 60% of companies believe that in 2014 they can increase sales, while only 14% is predicting a decline. (KPMG)

FROM THE REGIONS

Time for Radom
During last 20 years, BPO companies have chosen major Polish metropolis for locating their services centres. However, recently there has been a significant change in location trends. A new player has appeared on the Polish BPO map - it is Radom.

Smaller cities and towns not only can offer competitive costs of operating outsourcing business but they also are a hub of highly motivated workforce that is fully engaged in work. It all can be found in Radom. According to the experts, Radom is becoming a "satellite" of Warsaw. The opportunities for BPO companies in investing in smaller towns were discussed at the event entitled Radom Calling. (Poland Today)

DID YOU KNOW...?

Heavy metal - a music of prosperity
Experts argue that the more heavy metal bands in the country, the higher the GDP it has.

For many years, heavy metal was considered as a the music of working-class kids in economically ravaged, deindustrialized places. However, the recent survey shows that heavy metal is increasingly popular in highly developed and countries. The scientists discovered that the number of heavy metal bands in a given country is associated with its wealth and affluence. It means that at the country-level, the number of heavy metal bands per capita is positively associated with: economic output per capita; level of creativity; entrepreneurship; share of adults that hold college degrees); the overall levels of human development and well-being, and satisfaction with life. (www.citylab.com)


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

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