POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
May 19th, 2011,
Issue 227

TABLE OF CONTENTS

 

NEWS

Polish National Exhibition in Tashkent - May 25th - 28th

PAIiIZ encourages all interested in the Exhibition to attend the Uzbek-Polish Business Forum organised by the Polish Information and Foreign Investment Agency in Tashkent on May 26th, 2011.

The Polish National Exhibition will be attended by around 30 Polish entrepreneurs representing various sectors. The event enjoys the honorary patronage of the Polish Deputy Prime Minister and the Minister of Economy, Waldemar Pawlak and the Uzbek Deputy Prime Minister and Minister of Foreign Affairs Eljor Ganijew.

The Exhibition will coincide with the 4th session of the Polish - Uzbek Intergovernmental Commission for Economic Cooperation and the Polish-Uzbek Business Economic Forum in Tashkent. The Forum, which will take place in Tashkent on May 26th, is organised by PAIiIZ, the Polish Ministry of Economy, the Trade and Investment Promotion Section in Tashkent, the Uzbek Ministry of Foreign Economic Cooperation, Investment and Trade and UZINFOINVEST. During the Forum guests will have the chance to learn more about investment opportunities in Poland and Uzbekistan and take part in presentations of several Polish companies. (PAIiIZ)

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Get some information about the Programme of Economic Promotion of Eastern Poland in Ełk

The Polish Information and Foreign Investment Agency and the City Council of Ełk encourage entrepreneurs and representatives of local administration units to take part in the meeting which will present the Programme of Economic Promotion of Eastern Poland on May 23rd, 2011.

The meeting will present promotion opportunities offered by the Programme of Economic Promotion of Eastern Poland. Participants will have the chance to learn more about the events, fairs, conferences, study tours and trade missions attended by entrepreneurs and administration officers from Eastern Poland which were financed from the programme and about promotion events which will take part in the second half of the year. Participants will also get an insight in the ways of establishing and maintaining economic cooperation with foreign companies and learn more about the investment offer of Ełk.

To register please send the application (available in Polish here) by May 20th, 2011 at anna.flak@paiz.gov.pl or via fax: +48 22 334 98 86. You may also contact Aneta Werla from the City Council in Ełk at a.werla@um.elk.pl or via fax: +48 87 73 26 230. (PAIiIZ)

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PAIiIZ invited Chinese journalists to visit Poland

The journalists met with the PAIiIZ President Sławomir Majman on May 15th, 2011.

The journalists started to tour Poland on May 14th and will stay in the country till Saturday May 21st. The group consists of journalists from the China Central Television, China Economic Weekly, Shanghai Evening Post and eastday.com/finance.


PAIiIZ President, Sławomir Majman met with the group of Chinese journalists

During their visit the group will have meetings with people from government institutions, higher education institutions and representatives of Polish cities and regions in Warsaw, Cracow and Łódź. During the meetings Polish regions will provide information and data on business opportunities available in Poland.

The major aim of the visit is to provide the Chinese public opinion with reliable information on the country’s economic situation and presentation of possible fields where the countries could develop economic cooperation. (PAIiIZ)

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OECD Guidelines vs CSR Standards

OECD’s National Contact Point together with PWC and Pracodawcy RP invite you to the conference: OECD Guidelines, CSR Standards and Business Management.

During the conference panelists and guests will discuss current trends in introducing guidelines, standards and indicators concerning sustainable development and responsible business. The discussion will also concern the future of Polish business market development, its requirements and current state as well as expectations of those interested in it.

The meeting will take place on May 31st 2011, from 9:30 AM to 1:00 PM at the PAIiIZ Conference Centre at 12 Bagatela Str.

The meeting’s agenda includes:

  • OECD guidelines, sustainable development and challenges ahead of responsible business,
  • Tendencies in introducing responsible business’ guidelines,
  • Results of the Polish stakeholders’ expectations test on the companies’ responsibility,
  • Discussion panel: “Practice of responsible business guidelines and standards implementation - benefits and challenges”,
  • Responsible Business Code and the OECD guidelines.

To register please contact Danuta Łożyńska at danuta.lozynska@paiz.gov.pl till May, 26th, 2011. (PAIiIZ)

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Chances and threats. PAIiIZ on cooperation with China

During this year’s European Economic Forum in Katowice PAIiIZ organised a discussion panel on Polish - Chinese cooperation.

The panel, organised on May 16th, 2011 and chaired by PAIiIZ President Sławomir Majman, gathered J.E. Sun Yuxi, the Chinese Ambassador to Poland; Dominik Radziwiłł, Deputy Minister for Finance; Dariusz Szymczycha, Communications and PR Advisor; Janusz Jankowiak, Chief Economist at the Polish Business Roundtable; Łukasz Krawczyński, President of Management Board of CNR Cargo Wagon; Jarosław Myjak, Deputy President of PKO BP and Adrian Furgalski, the Transport Consultants Group "Tor".

Poland has undoubtedly been attracting attention of Chinese investors. What is now important for those interested in Poland is to find good investment environment - adequate economic, legal, financial and political conditions. - I want to assure all our partners that Chinese investors respect foreign regulations and are reliable partners in business - said Ambassador Sun Yuxi.


Participants of the panel on China in Katowice

Panelsist gathered at the discussions paid attention to the importance of the political climate and its influence on economic relations. Dariusz Szymczycha emphasised that Polish-Chinese relationships have entered a new phase and are now developing beyond the old stereotypes. The relations are now more normal and dynamic. - We have to keep the proportions in mind. China has been pursuing its own policy which depends on their interests. That is obvious. In turn, during EXPO in Shanghai Poland was presented as a country open to China but we still have no direct flights to China.

Undoubtedly, even despite some misunderstandings and obstacles, the number of Chinese development projects in Poland will be growing. In his summery of the meeting PAIiIZ President Sławomir Majman stressed that Poland as a country with an “open door” approach towards Chinese investors stands a chance of becoming one of the major gateways for Chinese business in Europe. (PAIiIZ)

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Poland - the European BPO centre

Poland can attract even the most advanced projects because investors are ready to pay for well-qualified people and the highest quality of products. And this is a new trend. PAIiIZ organised a panel on Poland and BPO during the 3rd European Economic Forum on May 17th in Katowice.

The panel was chaired by Iwona Chojnowska-Haponik, Head of the Foreign Investment Department at PAIiIZ. Among panelist there were: Paweł Adamowicz, President of Gdańsk; Marek Cieślak, Deputy President of Łódź; Daniel Habrat, Member of the Capgemini Polska Management Board; Teresa Kamińska, President of the Pomerania Special Economic Zone; Teresa Korycińska, Director at the Ministry of Economy; Alasdair Nicolson, Director at Shell Business Service Centre; Paweł Tynel, Head of Section at Ernst&Young and Piotr Wojaczek and President of the Katowice Special Economic Zone.

Panelist and guest of the PAIiIZ panel on BPO

During the panel experts discussed development directions of the modern services sector in Poland and debated about Poland’s position in the sector as well as the country’s condition as a place for the most modern projects in the field e.g. LPO KPO MPO. Panelist discussed also the importance and attractiveness of things which tend to play the most important part in choosing an investment destination. Among the most important were human resources, education and knowledge of foreign languages. Among those which are now gaining in importance there were communication in various forms, IT infrastructure and real estate. What really counts is the opinion of players who have been present on a given market and have experience with local conditions as well as issues connected with co-financing and subsidies.

All the experts agreed that human resources, flexibility and multi-language staff are of utmost importance in planning a BPO sector development strategy. (PAIiIZ)

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INVESTMENTS IN POLAND

B4 Group to launch an investment in the Industrial and Technology Park in Płock

The Group signed an official agreement.

The B4 Group’s new manufacturing and office facility of the total area of 11 320 m2 will be located in the 3rd zone of the Industrial and Technology Park in Płock. It will consist of a production floor, office space and a social building. The investment worth PLN 23 mln will be completed by the end of 2011/beginning of 2012.

The facility will focus on providing production, trade and customer services to the construction sector. The project is expected to generate 200 jobs. (Industrial and Technology Park in Płock)

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MACROECONOMIC POLAND

  • Direct foreign investment in 1st quarter of 2011

    FDI inflow to Poland in the 1st quarter 2011 reached EUR 4.5 bn (EUR 4 457 mln) i.e. 16% more that in the 1st quarter of 2010. The figure shows that this quarter attracted 61% of the whole 2010 FDI inflow. (the National Bank of Poland)

  • Exchange rates (as of 19.05.2011):

Buy

Sell

USD

2.7313

2.7865

EUR

3.8843

3.9627


Source: www.nbp.pl

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FROM THE REGIONS

World biggest ships every week in Gdańsk

This week Maersk Elba, one of the world’s biggest ships, entered the Gdańsk container terminal. This is a real milestone in the history of the Gdańsk’s port and the Baltic Sea.


One of the biggest ships in the world - Maersk Elba

DCT is the first and at the moment the only terminal in the South Baltic Sea region that attends the biggest world containers. Maersk Line ships with the capacity of 13 092 and 15 500 TEU will be entering the Gdańsk port as a part of the AE10 service which connects the Far East with Central Europe. - DCT Gdańsk is making history by hosting, for the second time in 16 months, the world’s biggest container ship - says proudly Mr Boris Wenzel, Managing Director of DCT. - This connection is a result of the high quality of service that we provide to Maersk Line as well as the increasing importance of Gdańsk as a gate leading to the Central and Eastern Europe. And this is only the beginning of the extraordinary story of DCT container terminal, MAERSK and the Polish-Asian cooperation - in these words Eivind Kolding, Mearsk Line CEO, began his speech. The opening of the new intercontinental marine connection will bring many benefits not only to the port and Gdańsk, but also to the whole region. Projects of this kind substantially help develop communication infrastructure and new industry brunches. In January 2011 DCT Gdańsk revolutionized the Baltic Sea market by being the first port to start the oceanic container handling services at the Baltic Sea. The position of Gdańsk as a leading port in the South Baltic Sea region was strengthened not only by the increasing container market in Poland but also by the dynamic development of Maersk Line, the largest client of the terminal. (GCOI)

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DID YOU KNOW...?

New Technology Fairs IFONT

The Zagreb-based Trade and Investment Promotion Section invites Polish companies to take part in the IFONT New Technology Fairs from May 26th to May 29th, 2011 in Split.

During the fairs visitors will have the chance to get to know research results and innovative achievements in the fields of , among others, alternative energy sources, natural products, telecommunications and the Internet.

For more information please visit: www.ifont.biz.

Polish entrepreneurs who would like to take part in the fairs together with the Zagreb Trade and Investment Promotion Section are encouraged to contact Anna Awdiejewa from the Polish Agency for Enterprise Development (PARP) at anna_awdiejewa@parp.gov.pl, tel. +48 22 432 71 95 or directly the section in Zagreb at: tel.: (+385 1) 4684 202, 4684 017, 4684 019, 4683 023, fax: (+385 1) 4683 128, e-mail: zagreb@trade.gov.pl. (PARP)

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Editorial office: Polish Information and Foreign Investment Agency, 00-585 Warsaw, Bagatela Street 12
Economic Promotion 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