POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
May 12th, 2011,
Issue 226

TABLE OF CONTENTS

 

NEWS

III European Economic Congress

During one of the most important business events in Central Europe Congress, held from May 16th to 18th 2011 in Katowice, PAIiIZ organises two penal sessions devoted to Polish-Chinese economic cooperation and the attractiveness of the Polish BPO sector.

For three days Katowice becomes a place of discussion of several hundred debaters: people of politics, business, science and economy. The merits and the organizational shape of the Congress is managed by the Organizing Committee. Its Honorary Head is Jerzy Buzek, President of the European Parliament.

The leading topic of the Congress will be competitive European economy. Together with panelists and guests we will reflect on what actions have to be taken, what processes need to be launched, what issues we should focus on so that European economy can compete successfully with the most expansive economies of Asia and both Americas.

Among subjects of the European Economic Congress 2011 you can also find issues connected with climate, energy package and its impact on the economy, the future of power industry and common EU energy policy, competitiveness of traditional industrial sectors, innovations, the industry-science connection, the development of the global economy, of regions and cities. Problems of the region of Central and Eastern Europe will be a subject of separate discussion this year. More detailed discussions will concern, among others, the mining, metallurgy, heat engineering, gas market and construction sector.

Organises expect the Congress to gather over 4 500 guests from Poland and from abroad. For more information please visit: www.eec2011.eu or contact Roadshow Polska info@roadshowpolska.pl, +48 22 357 09 77, +48 22 498 92 77. (EEC)

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Multisectoral trade mission of Polish companies to Rio de Janeiro

The Polish Information and Foreign Investment Agency (PAIiIZ) organises a multisectoral trade mission to Rio de Janeiro from June 13th to June 17th, 2011.

The mission offers opportunities to establish economic contacts and enter in cooperation with Brazilian partners. Participants will take part in the Polish - Brazilian economic Forum organised by PAIiIZ in cooperation with Apex Brazil and the Trade and Investment Promotion Section of the Polish Embassy in Sao Paulo. The Forum will be followed by a match-making session. In the framework of its activities, the Agency ensures preparation, print and distribution of promotion materials including information and data from Polish entrepreneurs.

Moreover, entrepreneurs will have the chance to visit Brazil Offshore 2011 which will be taking place from June 14th to June 17th in Macaé and during which the Polish Embassy's Trade and Investment Promotion Section in Sao Paulo will have an information stand.

The mission is organised within the system project “Promotion of the Polish economy on international markets” (subaction 6.5.1 Operational Programme - Innovative Economy). For more information please contact katarzyna.rosinska@paiz.gov.pl. (PAIiIZ)

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Poland-Georgia: time to intensify economic cooperation

More development projects, growth in exports and exchange of experience in the field of economy - on May 10th, 2011 Poles and Georgia discussed ways of intensifying economic cooperation between the countries.

The seminar Polish-Georgian economic cooperation was opened by Grażyna Henclewska, Undersecretary of State at the Polish Ministry of Economy and Archil Kekelia, Deputy Minister of Economy and Sustainable Development in Georgia. During the meeting, which was chaired by the President of PAIiIZ, Sławomir Majman, representatives of the Polish and Georgian delegation discussed investment climate in both countries.

Polish and Georgian delegations during talks about the intensification of economic cooperation

Details of Polish ways and methods of attracting foreign investors to Poland were presented by Iwona Chojnowska-Haponik, Head of the Foreign Investment Department at PAIiIZ. Business opportunities and activities undertaken by special economic zones in Poland were exemplified by the zone in ŁódĄ and presented by Piotr Mazurkiewicz from the ŁódĄ City Council. Information about Financial Instruments for Export Support in Poland was provided by Rafał Wasak, Head of the Unit for Foreign Trade Financing at Bank Gospodarstwa Krajowego (BGK), Poland's only state-owned bank.

During the Q&A session representatives of Polish business were interested mainly in the political climate in Georgia in the context of foreign investment and in opportunities for automotive projects and IT systems.

The seminar was organised in connection with the visit of an official delegation from Georgia and the second session of the Georgian-Polish intergovernmental Commission for Economic Cooperation. (PAIiIZ)

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PAIiIZ and the Nicolaus Copernicus University in Toruń together for the Polish economy

On May 6th, 2011 the Polish Information and Foreign Investment Agency and the Nicolaus Copernicus University in Toruń signed an agreement which says they will together promote the Polish economy and support the development of higher education.

The agreement ensures a regular exchange of information concerning academic achievements and developments connected with sectors of crucial importance for the Polish economy. It also makes it easier for the institutions to undertake common initiatives, especially launch of research and analyses providing support for promotional activities shaping Poland's image on the international level as well as organisation of conferences, workshops and lectures for students.

The document also sets out that university syllabuses should take into consideration the needs of companies with foreign capital which develop their business in Poland. PAIiIZ declared to organise internships and placement programmes for student of the Toruń university.


From the left: Professor Andrzej Radzimiński, Head of the Nicolaus Copernicus University; Piotr Całbecki, Head of the region's Management Board and Sławomir Majman, PAIiIZ President

The agreement was signed by Sławomir Majman, PAIiIZ President and professor Andrzej Radzimiński, Head of the Nicolaus Copernicus University in the presence of the Head of the regions Management Board, Piotr Całbecki.

PAIiIZ has been actively promoting achievements of the Polish science and supporting the development of Polish unversities. The Agency has signed similar agreements with the Warsaw School of Economics, the University of Warsaw, the University of ŁódĄ, the Technology University of ŁódĄ and the Medical University of ŁódĄ. (PAIiIZ)

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The biggest outsourcing conference in June in Warsaw

The joint Roadshow and ABSL conference will take place on June 17th, 2011. The aim is to discuss current trends and directions of the sector’s development in Poland. This is going to be the biggest outsourcing event in Poland with representatives of business, government and media.

The event will be combined with II Conference of the Association of Business Service Leaders in Poland (ABSL). The patronage over the joint Roadshow and ABSL project will be provided by the Ministry of Economy in cooperation with the Polish Information and Foreign Investment Agency and the Polish Chamber of Commerce. This is the first outsourcing project of this size carried out by two leading organizations acting for the benefit of the modern business service sector development in Poland and improving the investment attractiveness of Poland.

The central issue discussed on the conference will be the position of Poland on the global map of business services. During the conference ABSL will make public its most recent report concerning the modern business service market in Poland and in the region of Central and Eastern Europe. The report includes the scale of employment and types of processes in the sector as well as analyses major service centres locations in the region. This year, for the first time, the analysis covered not only Poland but also other countries in the region.

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INVESTMENTS IN POLAND

Procter & Gamble again in the ŁódĄ SEZ

Procter & Gamble to spend at least PLN 130 mln on its new development project in ŁodĄ.

On May 10th, 2011 representatives of the company were granted the company’s fifth permission to start business activity in the ŁódĄ Special Economic Zone. The project envisages creation of a modern assembly line producing shavers for women in the concern’s Gillette facility located in the ŁodĄ Nowy Józefów district. The project will generate 50 new jobs and will contribute to the maintenance of the already existing jobs.

Procter & Gamble chose the ŁódĄ SEZ as a destination for its all Poland-based production projects. The concern's investment outlays in Poland amounted to over PLN 1.5 bln. The projects resulted in an overall number of 2.5 thousand jobs in the concern’s three plants in ŁódĄ, Aleksandrów and Warsaw. (ŁódĄ SEZ)

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New industrial zone in Poniatowa

The project will cost PLN 6 mln and includes modernization of the industrial area formerly owned by the EDA company.

The project will make it possible to professionally prepare investment area of the total of 100 ha, make it easily available and help the investment plots meet all required standards.

Thanks to the initiative also the region’s human resources will be given new work opportunities. It is expected that especially graduates of the Poniatowa technology schools will find new job possibilities. (Lublin Investor Assistance Centre)

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PAIiIZ helps Hispánica de Aviación enter the Polish market

The Spanish giant in aviation services invests over EUR 9 mln in Poland.

Hispánica de Aviación specialises in aviation services for medical and fire extinguishing purposes; and provides tourist, charter and patrol flights. For some time now the company has been successfully using the “Sokół” helicopter, manufactured by the Polish PZL ¦widnik. Now due to the company’s expansion and new contracts with China, Australia and Chile, the investor decided to buy the ¦widnik-based aviation company “Heliseco” which provides services similar to the ones Hispánica de Aviación does.

In Poland the company invests EUR 9 mln and will hire 107 people, the majority of Heliseco staff. The investor plans to buy new helicopters and expand its hangar base in Poland.

The activities may, in fact, signal only the beginning of the company's expansion in Poland. The investment will be located in Poland thanks to the commitment of the Polish Information and Foreign Investment Agency. (PAIiIZ)

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MACROECONOMIC POLAND

  • Exchange rates (as of 12.05.2011):

Buy

Sell

USD

2.7026

2.7572

EUR

3.8644

3.9424


Source: www.nbp.pl

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FROM THE REGIONS

Investors’ from Mazowsze on economic mission to Kazakhstan

The most important and most numerous Mazowsze mission to Kazakhstan took place from April 26th to April 30th 2011.


Participants of the mission

The mission was organized by the Mazowsze Development Agency and the Investor and Exporter Service Centre in cooperation with the Polish-Kazakh Chamber of Commerce and Industry and the Management Board of the region of Mazowsze. The mission was attended by Adam Struzik - Head of the region’s Management Board, two representatives of the Investor and Exporter Service Centre and entrepreneurs from Mazowsze. Meetings with nearly 80 Kazakh companies took place in Almaty, Kokshetau and Astana. The main objective of this mission was to establish cooperation contacts between Polish and Kazakh entrepreneurs. (Investor and Exporter Service Centre)

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DID YOU KNOW...?

Logo of the Polish Presidency in the EU Council

Dynamics, positive energy and solidarity are the main values expressed by the logo of the Polish Presidency, officially presented on Tuesday by Donald Tusk.

Logos have always served as visual and inherent symbols meaning much more than just a graphic mark. A logo is a message through which a state (Poland in this case) sends out information about its attitude towards the 6 months of its leadership in the Union.

Our Presidency’s logo is to show Poland as a modern country - young at heart and capable of initiating positive changes throughout Europe. Since the Presidency - speaking on behalf of the whole European Union - will be visible all over the world, the Polish logo is universal and evokes positive associations in various cultures. (Chancellery of Poland’s Prime Minister)

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