| POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY | ||||
 
NEWSLETTER
September 19th, 2013, Issue 348 | ||||
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NEWS BPO: the fastest developing sector in Poland
- BPO is the fastest developing sector in Poland - said Sławomir Majman, PAIiIZ’s president, during the opening of business services conference.
Poland is the most popular market in Central Eastern Europe for the investors from the BPO sector. Over the past year, Poland has overtook India in the rate of creating new jobs and expansion of already existing projects in BPO sector. The number of employees hired in this sector is rising about 20% annually since 2008. The number of students in engineering and related advanced technologies is growing since 2011.
During the meeting, the "BPOland Potential and Prospects" report was presented. The document was developed by CBRE, Hays and PAIiIZ. The meeting took place at PAIiIZ on September 16th. More information: www.paiz.gov.pl/20130916/bpo_sector_the_fastest_developing_sector_in_poland. (PAIiIZ) The rise of SEZ
During the "Investing in Poland 2014" conference, participants agreed that great changes are coming in Polish investment landscape. The event has been organized by Warsaw Business Journal under the patronage of PAIiIZ.
Participants agreed that the Polish investment potential will be growing. However, according to them, the changes are inevitable. A major challenge will be a matter of decreasing public aid due to perspective of lack of European funds. That is why special economic zones, which activity was extended to 2026, will play a key role in attracting foreign capital. The strength of zones is their industry specialization. For instance, Łódź SEZ produces household goods and Katowice SEZ attracts mainly investors from automotive branch. (PAIiIZ) Italians in Warsaw
Inflow of Italian investments to Poland was the main topic during the meeting between PAIiIZ’s president Sławomir Majman and Italian journalists.
During discussions that took place on September 16th at PAIiIZ, questions of incentives system and GoChina, GoAfrica programmes were discussed. Journalists from the Apennine Peninsula came to Poland in frame of study visit which programme includes meetings with the representatives of the Ministry of Economy, the President’s Office, Łódź SEZ and Italian investors operating in Poland.
Journalists represent front Italian gazettes: Il Sore 24 Ore, La Nazione, Tribuna Economica and TmNews - information agency. The organization of journalists study visits is one of PAIiIZ’s regular projects. (PAIiIZ) SASAC in PAIiIZ
Procedures concerning setting up and conducting business in Poland and privatization process were the main topics raised during the meeting with representatives of State-owned Assets Supervision and Administration Comission of State Council (SASAC), held at PAIiIZ on September 13th.
Guests learned the benefits of investing in Poland. Both sides declared to continue an economic cooperation in the future.
State-owned Assets Supervision and Administration Comission of State Council (SASAC) is a Chinese government institution, responsible for the managing state-owned companies, including employing managers, merger acceptance, approval of shares sales and drafting law projects on state-owned companies. The Chinese delegation was lead by Zhou Hao. (PAIiIZ) INVESTMENTS IN POLAND Quads factory in Opole
Polaris company started the construction of its quad factory in Opole. The plant has been located in Wałbrzyska Special Economic Zone.
With the new investment Opole will gain new workplaces. The company plans to hire 350 employees at the beginning. The opening is planned on summer next year.
The investment will cost 100 million PLN. During the whole year company plans to produce 250 thousand quads. This is an American greenfield investment which means that it is starting from scratch. The factory will be built on a 12 - hectare lot. (WSSE) New investments in Łódź SEZ
Two new companies received business permits to operate in Łódź SEZ - Poprawa in Ostrzeżów Subzone (Wielkopolska) and Quick-Mix in Rawa Mazowiecka Subzone.
For Poprawa it is the second permission in Łódź SEZ. The company planned to build a new factory and production line. The investor is producing packages from corrugated multilayer cardboard. The investment will cost 4,5 million PLN. The company plans to hire 10 new employees and retain the employment on the level of 66 workers. Quick-Mix company received second permit in Łódź SEZ, in Rawa Mazowiecka Subzone. The company plans to provide new wet products production line with a 1000 m2 warehouse, laboratory facilities and a new wastewater treatment plant. New production line will allow the extension of the product portfolio and enable the production of innovative plasters, paints and grounding that comprise modern insulation systems manufactured products. The company plans to spend 5,1 million PLN, hire 10 new employees and maintain employment on the level of 35 vacancies to the end of 2021. (ŁSSE) MACROECONOMIC POLAND EVENTS Visit Commodities Fair in China
PAIiIZ invites Polish entrepreneurs for China Yiwu International Commodities Fair, which will take place from 21st to 25th October in China.
It is going to be 19th edition of International Commodities Fair, which is dedicated to such sectors as: jewellery, electronics, clothing, ceramic, services and domestic products. Companies that are interested in participating in the Fair will receive special VIP-Package from organizers. The Package consist: airport transfers, 3 nights in hotel, attendance in the events organized during the Fair, tickets, personal translator and guide and a special dinner on the first day of the Fair. The number of sponsored places is limited and for only selected companies. Application (name, surname, position, company name and branch) should be sent here: wojciech.piwowarski@paiz.gov.pl by the September 25th 2013. (PAIiIZ) Where IT works tomorrow
"Where IT works tomorrow" - IT & Business, Trade Fair for Business Solutions will take place between 24th and 27th in Mesa, Stuttgart.
During the expo the "Poland in Stuttgart" meeting will be organized for Polish companies from IT sector to give them a chance to present their products. The event is organized by Polish Embassy in Berlin, Local Global GmBH in Stuttgard and Landesmess in Stuttgart. More information: www.dialog-pl.de. (Dialog) Portuguese on a mission in Poland
The Portuguese Business Mission will take place between 23rd and 26th September in Warsaw. Honorary patrons of the mission are Ministry of Economy and PAIiIZ.
24 Portuguese companies from different sectors (from health care, through educational services, producers of industrial tools up to IT) will attend in Portuguese Business Mission in Poland. The debate about cooperation between companies from both countries upon investments on a global market will be an essential element of the event. Most of the events will take place in InterContinental Hotel. Banco Espirito Santo with a support from Polish-Portuguese Chamber of Commerce are the main organizers. More information provide Ms Magdalena Załubska-Król: +48 721 798 898, e-mail: mz@clearcom.pl. (PPCC) Legal aspects of outsourcing in Poland - seminar
Wardynski&Partners invite to "Legal aspects of outsourcing in Poland - What should business look out for?" conference which will take place on September 25th at Al. Ujazdowskie 10.
The main topic of the seminar is to present the most important legal aspects associated with outsourcing which is a daily praxis for companies from the BPO sector. (Wardyński i Wspólnicy) Medical tourism
Who is cured in Poland? Do Polish medical centers have a chance to attract foreign patients?" - those issues will be raised during the meeting which will sum up the effects of "Promotion of Medical Tourism Branch" programme during its mid-execution.
The meeting will take place on October 3rd in PAIiIZ Information Centre at Bagatela 12. Foreign representatives from medical tourism branch have been invited: Liza Zetterberg from CE Travel AB from Sweden and Julie Conner, certified specialist for the medical tourism from GOBAL Medical Tourism Facilitators from USA. Foreign guests will present their opinions about Polish medical centers and their chances in international medical tourism market. Journalists interested in attending the meeting are asked to confirm their presence until October 1st by send an e-mail to: karolina.dresler@paiz.gov.pl. (PAIiIZ) ANALYSES AND REPORTS Go China!
One of the most important sources about information concerned the Chinese market come from PAIiIZ websites - such statement comes from the report which has been developed by KGHM and PISM.
The report points out that Polish business is starting to be more interested in cooperation with China. 27% of questioned Polish entrepreneurs do business with this country. Nowadays, 11% of Polish entrepreneurs declare the will to start business cooperation with Chinese, 27% admit that is already present in the region. Moreover half of companies plan to expand their previous partnership. Moreover half of these companies plan to expand their previous partnership. Trade has been dominated by import companies (76%). Quarter of them decided to invest or export their products to Asiatic partners. Gochina.gov.pl and exporter.pl are the most popular websites which are used by active Polish business in China. Both sites are managed by PAIiIZ. 6% of respondents claim to use PAIiIZ services. (PAIiIZ/KGHM) Full report is available here: www.pism.pl/publications/reports/PISM-KPMG-Report. Investment in Poland
 "Investment in Poland" publication contains current tax and legal regulations, information about Polish banking, insurance, capital and investment markets.
The document has been developed by KPMG experts. It is not only a set of elementary information about Poland (both from historical and politic-economic approach) but also the source of practical hints considering legal and tax systems. "Investment in Poland" is a compendium of knowledge essential for every investor who wants to enter or stay competitive on Polish market. (KPMG) More information can be found here: Foreign trade
According to preliminary data from GUS in the first 7 months of 2013 export was 6,2% compared with analogical term and reach an 87 billion euro. Import has decreased about 1,7% to the level of 87,5 billion euro. The deficit of turnover decreased consequently to 6,5 billion euro towards 7,2 billion in analogical term.
The export rose rapidly, mostly to emerging and less developed markets for about 15,8% (up to 15,9 billion euro) after 7 months of 2013. Import from those markets was in turn 30 billion euro, reducing for about 3,2%. Owing to this, it was possible to reduce the deficit with those group of countries for about 3,1 billion euro. The result of export in freight section was visible in agri-food sector growth for about 13,6% (to 10,9 billion euro) and chemical sector - for about 8,4% (up to 12,4 billion euro). The value of exported engineering goods was almost 34,2 billion euro and was better for about 6,1% than a year ago. (GUS/MG) The wealth of society is growing
A report published by Ernst & Young "Luxury & Cosmetics Financial Factbook" emphasize that with the increasing affluence of Polish society the interest in luxury goods in our country is growing.
Period between 2008 and 2012 is considered as a very difficult for European economy. However, Gucci and Luis Vuitton were able to enter the Polish market in 2011 and 2013 respectively. The report shows that luxury goods market will grow at the rate from 5 to 6% per year in 2015 and his value will reach 240 - 250 billion euro. The dynamic growth in sales of luxury goods can be clearly seen in Asian countries. According to EY experts, every other luxury product will go to China in 2020. (EY) The report is available here: www.ey.com/GL/en/Industries/Consumer-Products/Luxury-and-cosmetics-financial-factbook-2013. Polish 6th in Europe in terms of sales centers
In 2012 each Pole spent 2860 PLN for shopping in a mall. During last couple of years Poland caught up European markets and now is just after France, Great Britain, Germany, Spain and Italy.
There are 400 shopping malls in Poland which generate 7% of Polish GDP. Data gathered from shopping centers by International Council of Shopping Centres (ICSC) show that sales in 27 EU countries created 19% of total retail sales in 2012. In Poland, this ratio reached 16%, which may indicate as the potential for further development of shopping centers in the country. Average turnover from classified shopping centers were analyzed in the report. Gross sales in Polish shopping centers amounted to 26.3 billion euros in 2012. (PRCH) More info available here: www.prch.org.pl/PL/DlaPrasy/InformacjePrasowe/ObjectId/975/Default.aspx. Entrepreneurs are more optimistic about the future
According to newely ManpowerGroup report "Manpower Employment Outlook Survey", employers in Poland are "carefully optimistic" - about the employment rate in fourth quarter of 2013. 12% of surveyed entrepreneurs plan to increase the employment.
From 750 respondents, an increase in total employment is planed by 12% of the companies, 9% intend to reduce employment, and 74% plan to maintain the same number of working places. In comparison with the results from 4th quarter of 2012, the prognosis is better in 6 out of 10 surveyed branches. The dynamic growth has been noticed in the architecture, energetics, gas industry and water supply branches. The annual increase in optimism of employers was noticeable in four out of the six surveyed regions. The highest increase was in the East region, for about 18 percentage points. The minimum loss, for about 3 pp, was visible in South - West and North - West regions. Manpower Employment Outlook Survey is available here: www.manpowergroup.pl/en/raporty-rynku-pracy/barometr-manpower-perspektyw-zatrudnienia.html. (ManpowerGroup) 
Editorial office: Polish Information and Foreign Investment Agency, 00-585 Warsaw, ul. Bagatela 12 Information and Communication Department, tel: +48 22 334 99 49, fax: +48 22 334 99 99, e-mail: redakcja@paiz.gov.pl | ||||
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