POLISH INFOMATION AND FOREIGN INVESTMENT AGENCY
NEWSLETTER
 June 16th, 2016,
 Issue 489

NEWS

PAIiIZ trains new officers of local authorities
Next group of new officers of local authorities came to PAIiIZ to improve their knowledge regarding principles of supporting foreign investors. They also had the opportunity to learn how to cooperate with PAIiIZ and jointly provide business promotion of Polish provinces.

At the beginning of the two-day training, PAIiIZ deputy president Michał Dąbrowski talked about the importance of the synergy effect in cooperation between PAIiIZ and local authorities. “The two-side follow-up process of investments is crucial, especially when we fight for reinvestments”, Dąbrowski, said to the audience. Among trainees, they were employees of Regional Investor Service Centres, Special Economic Zones, Industrial Parks and representatives of the Local Government Units from across Poland. (PAIiIZ)


Scholarship for local authorities in PAIiIZ

www.paiz.gov.pl/20160615/internship_paiiiz_for_representatives_of_local_authorities

INVESTMENTS IN POLAND

27 FDI completed since the beginning of 2016
Three new investment projects have been added to the list of PAIiIZ completed investments in 2016. Those are: Johnson Controls Foam that increased its plant in Żory; Share Service Sector of M3 in Wrocław; R&D project of Mondelez in Bielany Wrocławskie.

In 2016, PAIiIZ has already completed 27 investment projects with a total value of €375,45m. Due to them, 6,251 new jobs will be implemented in Poland. The majority of investments will be developed in Business Service Sector (BSS).

More information: www.paiz.gov.pl/20160613/27_fdi_completed

Eltel will create 80 jobs
This year, the Scandinavian energy and telecom operator will open a Shared Services Centre in Gdańsk. The company plans to employ 80 specialists in HR, accounting and finance and has already started to rectuit.

To increase the business effectivity of the company, Entel decided to consolidate HR and finance processes that recently were held in in few different counties into one Share Service Centre in Gdańsk. The whole procedures will last two next years.


Eltel announces investment in Grańsk (photo: Invest in Pomerania)

According to Satu Koskinen, Director of Global Shared Services Group Eltel, Gdańsk has a well-developed and mature market for shared services at a competitive cost level. Moreover, in his opinion, the city offers high qualified professionals. (Invest Pomerania)

3 tenants in Piotrkowska Economic Activity Zone
New player has appeared on the Polish investment map. This is Piotrkowska Strefa Aktywności Gospodarczej (Piotrkowska Economic Activity Zone). The first three investors are now beginning their projects in the Zone.

Piotrkowska Strefa Aktywności Gospodarczej

Among the new companies, which already chose Piotrkowska Economic Activity Zone there are: paper accessories’ producer Netuno, Polish automotive company Korona, Piotr Koprowski and trading company Jonbud. In addition, in September, a tender for greenfield plot covering ​​2.2 hectares and located directly along the S8 expressway will be held.

Piotrkowska Economic Activity Zone offers investment areas with attractive lease rates. The monthly lease rent for 10 years period is PL 0.10 net per 1m2. There is an obligation to each investors to create at least 2 new jobs and maintain them for the next 36 month. (PSAG)

EVENTS

Towards Moscow
Trade and Investment Section of the Polish Embassy in Russia invites Polish companies to join to incoming trade shows this summer: Innoprom 2016 (10-14 July) and MIMS Automechanika 2016 (22-25 April).

During both meetings Polish companies will have the opportunity to present their catalogues, leaflets and other promotional material on the National Stand.

To join the event, please contact Polish Embassy in Moscow: Stanisław Podściański, VOIP +48 22 490 97 43; +7(495) 231 16 11; +7(985) 299 75 92.

More information about both events: www.innoprom.com and www.mims.ru

IT sector in Japan
PAIiIZ, JETRO and the Ministry of Economy, Trade and Industry of Japan invite you to a seminar on investment opportunities in the IT sector in Japan. The seminar will be held on Monday, 27 June in PAIiIZ Press Centre (ul. Bagatela 12, Warsaw).

Currently, JETRO or Japan External Trade Organization encourage foreign investors to enter Japan, especially to the IT sector that is now looking for new technologies in Internet of Things (IoT), Big Data and security of IT systems.

During the seminar one will be provided with information on Japanese economy, including the IT market, ongoing governmental reforms, as well as the investment incentives and support offered by JETRO for foreign investors. Case studies of effective cooperation with Japanese companies will be also presented.

Seminar will be held in English. Admission is free and available after registration (until  23 June): www.jetro.go.jp/form5/pub/pow/it_invest_seminar

More information:

The event is organized by PAIiIZ and JETRO with the support of the Polish Chamber of Information Technology and Telecommunications. (PAIiIZ/JETRO)

ANALYSES AND REPORTS

EY: Poland as the most attractive investment location in CEE
Poland is the most attractive country for investors in Central - Eastern Europe and the fifth in the whole Europe - according to the latest EY’ report “Investment Attractiveness Europe”.

According to the EY’s experts, 2015 was a year of records regarding the inflow of investments to Europe. Over 5,000 new FDI projects arrived there. This is the third consecutive year of growth of investments in the continent. All new projects has generated over 218,000 new jobs. As a year earlier, among the biggest beneficiaries of the new FDI there are: the United Kingdom (1,056 FDI), Germany and France.


Number of FDI in each European country (source: EY)

It was also a year of records for Poland. Over the last year, 211 FDI projects have been successfully completed in the country. This is the same number as in Belgium, and at the same time the best result among all Central Eastern European countries. It is also worth to stress that the region improved the efficiency of investment inflow by 34% y / y. The most impressive results of Poland was achieved in new job creation (19.651 new jobs). Not only was the country the best in CEE but it also jumped into the second position in this category in the whole Europe.

As the authors say, the power engine of investments in Central Eastern Europe is manufacturing sector. It generated 69% new jobs last year. In Poland, every second investment was implemented by the industrial sector.

Export goes up
Export accelerates, reports the National Bank of Poland (NBP), analysing balance of payments in April 2016. Comparing to the same period last year, foreign sales increased by 12% to PLN 65.2bn. Imports also grew by 7.3% y/y to the value of PLN 63bn. As a result, the trade surplus in April reached PLN 2,2bn, jumping from PLN 0,9bn in March. A year ago, the trade balance was negative.

The impressive growth of exports in April 2016 was generated mostly by sale of automotive accessories, furniture and food to the European Union countries. Almost the similar range of goods (automotive, food as well medicines) is responsible for the increase of Polish imports.

Also the improved of income from service exports was reported (by PLN 1,2 bn / 9% y/y). It amounted to PLN 14.6bn. So did the outflows of services by 7,5% (PLN 0,7bn). It resulted in the positive balance trade of services that amount of PLN 4.5bn, that was shaped mostly by transport services (PLN 1.6 bn). (NBP)

DID YOU KNOW...?

PLN 3bn for start-ups
Ministry of Development has presented the new programme for young innovative companies called: Start-in Poland. As Deputy prime minister Mateusz Morawiecki comments, this will be the biggest start-up accelerating programme in the whole Central and Eastern Europe.

As a part of the Start-in Poland, the company will receive assistance not only in the incubation and business acceleration, but also during the further development and international expansion. The Ministry expects that over the next seven years, 1,500 new high-tech companies basing on design, IT and engineering solutions will be developed in Poland and ready to compete in foreign markets.

The Star-in Poland programme opens Polish large companies, including State-owned ones to stat-ups by investing in them. Under the programme the experts will look for Polish and CEE talents, know-how and innovations that can be implemented in the State-owned companies. Both, young entrepreneurs from the region will be recruited in the formula of the contests. (Ministry of Development)


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