POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 October 30th, 2014,
 Issue 406

NEWS

Polish - Italian cooperation
On 30 October, under the official visit of Polish president Bronisław Komorowski to Italy, a conference entitled “Poland - new business opportunities for Italian investors” was held. The event was moderated together by ICE president Riccardo Maria Monti and PAIiIZ president Sławomir Majman.

During the conference Poland’s investment incentive offer as well as the strongest assets of Polish economy were presented. Guests were also provided with information about Poland’s participation in the incoming EXPO 2015 in Milan. PAIiIZ president is the General Commissioner of the Polish Section of EXPO 2015. As it was marked by president of Poland Bronisław Komorowski, Poland would like to share its experience with the international audience of the EXPO exhibition. He also added that “Polish optimism” is a good export product.


President Bronisław Komorowski: “Polish optimism” is a good export product” (source: Jacek Turczyk, PAP)

The conference was arranged by PAIiIZ, Agenzia per la promozione all`estero e l`internazionalizzazione delle imprese italiane (ICE) and Promotion, Trade and Investment Department of the Embassy of Poland in Rome. Ministry of Economy together with the Ministry of Economic Development in Italy, took the patronage over the event. (PAIIIZ/prezydent.pl)

RM58 chair at “Designed in Poland” in Sofia
The best samples of well know Polish design, including a legendary project by Roman Modzelewski are presented during the “Designed in Poland” exhibition in Sofia, Bulgaria. The exhibition was opened on 29 October by Sławomir Majman.

Everyone who visits Mega Mall in Sofia in Bulgaria, between 29 October and 7 November, will be amazed by the art exposition from Poland. A variety of Polish modern design projects - jewellery, ceramics, fashion and furniture has been gathered there under “Designed in Poland” exhibition.

For the first time in the history of “Designed in Poland” project, a legendary RM58 chair is presented. This is one of the Polish classics designed in 1958 by Roman Modzelewski.


RM58 Chair by Vzór (source Vzór)

Visitors of “Designed in Poland” exhibition will have the opportunity to take part in voting contest for the best piece of the exhibition. The results of the voting will be published on 7 November and those who voted for the winning project will be awarded by PAIiIZ.

„Designed in Poland” exhibition has been arranged by PAIiIZ and Promotion, Trade and Investment Section of the Polish Embassy in Sofia.

More information: www.paiz.gov.pl/20141029/RM58_chair_at_Designed_in_Poland_in_Sofia.

The State of Georgia looks for business opportunities in Poland
Last week delegation of the Georgia Department of Economic Development paid a visit to Czech Republic and Poland.

Under the visit, on 23 October the delegation meet with representatives of Polish Ministry of Economy and PAIiIZ deputy president Anna Polak-Kocińska.

The programme of the visit included also a B2B talks and a study visit to Podkarpackie province where American delegation went to Regional Development Agency in Rzeszów, Euro-Park Mielec, Aeropolis Techno-Park in Jasionka, and the Aviation Valley.

The politicians from the State of Georgia in their visit to Poland were accompanied by The Metro Atlanta Chamber - the trade organization gathering SMEs from Atlanta. Also representatives of local companies representing aviation and agri-food sectors came to Poland. (PAIiIZ)

INVESTMENTS IN POLAND

Amazon is open
Exactly one year ago, Ministry of Economy together with PAIiIZ announced the Amazon’s investment in Poland. This week, the American giant opens its fulfilment centres near Wrocław and Poznań where 6,000 people will be hired. PAIiIZ supported the implementation of this record investment.

The new centres will serve to handle orders from Amazons.de, and ultimately will serve customers from all over Europe. Poland’s central location in Europe and a close connection to key markets as well as the access to a great employment base were key reasons behind this decision, argued Tim Collins, director of operations for Europe, Amazon in 2013.

Amazon plans to create up to 2,000 long term jobs in each logistics centre. In addition, during the holiday season total employment of the company in Poland is expected to grow to 9,000 people. Never before, none of projects, PAIiIZ has been involved with, let to such a big recruitment campaign. For this reason, in 2013, American investor was awarded by the Agency “The Biggest Investment of the Year” in “Employment” category.

New employees have already started work in two distribution centres located in Bielany Wrocławskie that were opened 28 October 2014. The third centre in Sady near Poznań was open on the following day, on 29 October 2014.

More information: www.paiz.gov.pl/20141029/amazon_is_open. (PAIiIZ)

10 months in investments
41 successfully completed investment projects worth €1762,14 m in total and chance to create 7,424 new jobs - this is the result of PAIiIZ activity in supporting FDI in 10 months of 2014.

Currently, PAIiIZ supports 179 investment projects with a total value of €3,838.99m that in the future can create 38,773 new jobs.

Undoubtedly, in terms of the country origin, US is the leader among ongoing PAIiIZ investments. (54 projects, worth €993,65m; 8,440 new jobs planned). The second place is held by Germany (26 projects, worth €400,15m; 6,405 new jobs planned) while the third by the UK (12 projects; worth €89,5m; 1,915 new jobs planned). The following places in PAIiIZ portfolio is held by investors from France (11 projects), Korea (9 projects) and India (8 projects).

In terms of sectors, BPO leads among PAIiIZ investments (40 projects worth €33.65m; 11,730 new jobs planned). Next is automotive industry (35 investments projects; worth €1030.25m; 8,650 new jobs planned); R&D (15 projects; total value of €57.7m; 1,816 new jobs planned). More information: www.paiz.gov.pl/20141027/10_months_in_investments. (PAIiIZ)

MACROECONOMIC POLAND

  • Exchange rates (as of 30.10.2014):

Buy

Sell

USD

3.2764

3.3426

EUR

4.1804

4.2648

Source: www.nbp.pl

EVENTS

Opportunities to do business with Angola
On 4 November at 11.00, PAIiIZ hosts workshop on economic cooperation with Angola. The meeting will be attended by the Ambassador of Angola, Mr Domingos Culolo and companies active on Angolan market.

The discussion will also focus on the investment process in Angola as well as on financial securities regarding doing business in the country. Also best areas to invest in the country will be presented.

Polish - English - Portuguese translation will be available. Online registration by z.sadowy.sadowska@expandglobe.com. (Expandglobe)

Export Forum 2014 in Bratislava
The Slovak Investment and Trade Development Agency (SARIO) welcomes all to take part in Export Forum 2014 that will be arrange on 13 November in Bratislava.

This year the Partners of the Export Forum 2014 are the Visegrad region (V4) and Austria. On July 1, 2014 the Slovak Republic took over the one-year presidency of the V4.

Export Forum 2014 is the largest event organized by SARIO. It gives SMEs a unique opportunity to find business opportunities abroad and penetrate the global market. The event focuses on B2B talks especially in automotive, engineering, nergy and ICT sectors.

More information: www.sario.sk/en/events-projects/export-forum-2014-v4-countries-austria. (SARIO)

Trade mission to Sweden and Norway
PAIiIZ invites all parties interested in taking part in the medical tourism trade mission to Sweden and Norway. The mission will be arranged between 17-20 November.

Polish medical centres are looking for partners in Sweden and Norway. The B2B meetings with Scandinavian partners will be arranged in Stockholm on 18 November and in Oslo on 19 November. During the meetings workshops and meeting with local medical agents will be arranged for Polish medical centres and all parties representing Polish medical sector.

The trade mission is held under the Promotion programme for medical tourism promotional provided together by European Centre for Enterprise, PAIIIZ and Ameds Centrum.

More information: Iwona.Lipska@paiz.gov.pl, tel: +48 22 334 98 49. (PAIiIZ)

Poland - Israel seminary on innovation
On 28 October, on the occasion of the official visit of president of Israel Mr Reuven Rivlin, Ministry of Economy holds the Poland - Israel Seminary on Innovations. The meeting starts at 13.00 from registration.

Polish medical centres are looking for partners in Sweden and Norway. The B2B meetings with Scandinavian partners will be arranged in Stockholm on 18 November and in Oslo on 19 November. During the meetings workshops and meeting with local medical agents will be arranged for Polish medical centres and all parties representing Polish medical sector.

The trade mission is held under the Promotion programme for medical tourism promotional provided together by European Centre for Enterprise, PAIIIZ and Ameds Centrum.

More information: Iwona.lipska@paiz.gov.pl, tel: +48 22 334 98 49. (PAIiIZ)

Automotive CEE Day
PAIiIZ took the patronage over the Automotive CEE Day that will be held on 19 November in Best Western Hotel in Kraków.

This is an automotive event with an unique interactive format (its attendees can invite other attendees to B2B talks). B2B business talks between automotive companies in CEE countries which are interested in establishing cooperation in the area of production nationally and internationally is a main objective of the meeting. Among the attendees there are: OEMs (manufacturers of cars, delivery vehicles and lorries), manufacturing suppliers and non-manufacturing suppliers.

More information: www.automotiveceeday.eu/en. (AutomotiveSuppliers)

20 years of SEZs in Poland
This year, Poland celebrates the 20th anniversary of the introduction of Special Economic Zone Programme to the country. On this occasion, on 20 November, Teatr Narodowy in Warsaw will hosts a “20 Years of SEZ in Poland” Gala.

During the Gala, companies and the most important achievements provided under Polish SEZs will be awarded.

There are 14 Special Economic Zones in Poland. Since the establishment of zone programme about PLN 95bn have been invested and 270,000 new jobs where created there.

More information: www.kpmg.com/pl/20latSSE. (KPMG)

ANALYSES AND REPORTS

Poland goes up in Doing Business Ranking
Poland gained the 32nd place in the world’s “Doing Business” survey provided by the World Bank. This year Singapore, New Zeland and Hong Kong were listed as the world’s best in doing business. The survey assessed 189 countries.

Poland not only made a huge progress in the Survey. During recent years the country has gone up by 40 positions. Such a good result is the effect of improvement in three categories: the ease to getting electricity, registering property and trading across borders.

More information: www.doingbusiness.org/data/exploreeconomies/poland. (Doing Business 2015)

Poland - partner for Japanese investors
“First of all, the Japanese investors we interviewed rate Poland highly, with the Polish labour force typically mentioned as a key advantage. A second key consideration of many Japanese investors is the promising business climate and special economic zones” - write authors of KPMG’s report “Poland’s Position as a Business Partner for Japan”.

Japan is the world’s second-largest economy among developed nations. According to the OECD, between 2000 and 2012, Japanese investment stock in Poland increased nine-fold to approximately USD 1.4bn in 2012.

Poland has jumped to the forefront as one of the prime destinations for Japanese manufacturing firms in Europe. Whereas the number of affiliates in Western Europe was stagnant or decreased between 2005 and 2010, we observe that this number rose by 48% in Poland in that period to reach fifth place in Europe. In terms of growth potential, the most attractive sectors for the Japanese investor include energy and mining, agriculture, food, chemicals, healthcare and financial services.

The report “Poland’s Position as a Business Partner for Japan” has been prepared among senior management (senior execs) of Japanese companies doing business in Poland. (KPMG)

FROM THE REGIONS

16 Polish best investment sites of 2014
The 6th “Golden site 2014 National Competition” has just finished. The contest was attended by 136 communities that submitted 212 investment locations. The Jury chose 16 winners - the best investment sites in Poland. Winners were awarded by deputy prime minister Janusz Piechociński, deputy minister of Economy Ilona Antoniszyn-Klik and PAIiIZ members of the Board.


Deputy prime minister Janusz Piechociński during „Golden site 2014 National Competition” (source: Leszek Szymański/PAP)

Sławomir Majman: "Every investor is important for us" (source: Leszek Szymański/PAP)

This year’s edition of “the Golden site 2014 National Competition” was dominated by 3 Polish provinces: Wielkopolskie, Podkarpackie and ¦l±skie.

“Every investor - a foreign or a Polish one - is important for us”, said Sławomir Majman. Communities with best investment locations of the 2014 in Poland know it very well. “60% of investment plots that won this year already host investors”, he added.


Awards for 16 winners of the Golden site 2014 National Competition (source: PAP/Leszek Szymański)

The “The Golden Site National Competition", has been organized periodically since 2005 by PAIiIZ, in close co-operation with the Voivodship Marshals and Regional Investor Assistance Centres - the partners of PAIiIZ, under the auspices of Deputy Prime Minister and Minister of Economy Janusz Piechociński and Union of the Provinces of the Republic of Poland. Since the beginning of the contest, 1,045 communities that submitted 1,625 investment plots took part in the competition.

The list of winners is available on: www.paiz.gov.pl/20141027/16_polish_best_investment_sites_of_2014.


Deputy minister Ilona Antoniszyn-Klik with winner of the commetition (source: MG)

Ostrowiec ¦więtokrzyski cooperates with PAIiIZ
On Friday, 24 October, PAIIIZ deputy president Anna Polak-Kocińska together with president of Ostrowiec ¦więtokrzyski Jarosław Wilczyński signed the cooperation agreement between the Agency and the city. The ceremony was also attended by deputy minister in the Ministry of Economy, Arkadiusz B±k.

Under the agreement, PAIiIZ will support Ostrowiec ¦wietokrzyski in attracting new investments to the city by providing trainings regarding preparation of investment offers and managing investment data bases. MoU with Ostrowiec ¦więtokrzyski is the 44th agreement signed by the Agency with cities in Poland. Also PAIIIZ signed the cooperation agreement with Wrocław Aglomeration Development Agency.

Currently, two investments in the city are implemented - a greenfield project of Kram Polska S.A. and a brownfield investment of Evoltaic Sp. z o.o. Moreover, Denmark - based Weiss operating in Ostrowiec ¦więtokrzyski. (PAIiIZ)


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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