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TABLE OF CONTENTS NEWS
INVESTMENTS IN POLAND
FROM THE REGIONS
FROM THE EDITOR Dear Readers! This week we bring you information on the latest "European attractiveness survey" by Ernst & Young and a press conference organized at the PAIiIZ Press Centre devoted to the survey and a report on Poland’s investment attractiveness. Also there is news on new SEZ act allowing for the Zone’s enlargement; as it is going to take place in the Pomeranian and Tarnobrzeg Zones. Furthermore, we report on two new investments: the first in Gorzów where TPV Displays opens a new plant and intends to cerate a technological campus, the second in Nowa Sól where the German producer Gedia goes for its second investment in the region. Pleasant reading! PAIiIZ’s editorial team NEWS "European attractiveness survey 2008" by Ernst&Young Poland has been ranked the most attractive destination for new foreign investment in Europe. Moreover, Poland was placed in the 2nd position in Europe in the job-creation ranking and in the 7th place in the foreign direct investment ranking.
A press conference devoted to the presentation and assessment of the latest European Attractiveness Survey prepared Ernst & Young and was held on June 5, 2008 in the PAIiIZ Press Centre.
The report was presented and commented by Agnieszka Tałasiewicz and Krzysztof Rybiński; Partners, Ernst & Young and Paweł Wojciechowski, the President of the Polish Information and Foreign Investment Agency (PAIiIZ). Despite retaining its position as an active player, Europe slowly loses its historical attractiveness leadership. This refers mainly to Western Europe where a shift from production projects to business services may be observed. Among the top ten most attractive investment locations there are: the USA, China, Hong Kong and Brazil. Against this panorama Eastern and Central Europe, and particularly Poland, experiences a very dynamic development both in the job-creation and the new investment attraction aspects. Indeed, among the surveyed investors Poland scored top in Europe as a potential investment location (18%) leaving behind, among others, Germany (16%), Russia (12%), France (11%), Romania (10%) and the UK (9%). Poland may also boast about a very high job-creation rate. Last year, due to new foreign investment projects, 18 399 new workplaces were created, what gives Poland the 2nd place in Europe after the UK. In terms of number of foreign investments, Poland was placed in the 7th position in Europe with 146 projects realised in 2007. Moreover, from the report results that the decisive criteria when choosing a potential project localisation, in general, seem to boil down to four basic aspects: stable legal system, good logistic and transportation infrastructure, effectiveness and labour costs.
At the conference, Paweł Wojciechowski, the President of PAIiIZ, presented data on the Agency’s efficiency. Last year the Agency completed 25 new projects with an overall budget of 896 million EUR what directly contributed to the creation of 5000 new workplaces. - This data testifies to the inventors’ high opinion of Poland’s attractiveness. I am very glad that this also finds reflection in this year’s Ernst & Young report. - the President said. According to Paweł Wojciechowski, Poland’s attractiveness is shaped by its strategic geographical location in Europe, the access to big trade areas, both domestic and eastern outlets, and also the luring perspective of, the biggest in the region, EU funds earmarked for regional development. Moreover, the president touched on the topic of new technologies and emphasised that Poland outpaces many new EU member states in this respect. However, to be able to improve the current position, new foreign investments in the innovation sector are constantly sought. According to Agnieszka Tałasiewicz, in the future the European investment attractiveness is bound to be very much determined by the market’s innovativeness Dr Krzysztof Rybiński, Partner in Ernst & Young, stressed the importance of new economic and infrastructure reforms implementation for Poland to be able to retain the leadership and continue attracting technologically advanced investments. Go to top...
Exposition of the Polish Pavilion for the Shanghai World Expo 2010 The Ethnographic Museum in Warszawa to host an exhibition of the Polish Pavilion project.
The Polish Information and Foreign Investment Agency and the National Ethnographic Museum have the pleasure to invite you to an exhibition devoted to the concept and realisation of the Polish Pavilion for he Shanghai Expo 2010.
25 million EUR earmarked for land preparation Local self-governments may start applying for funds earmarked for preparation of land for investment purposes. The first turn, with 1.5 million EUR to be distributed, started on June 4.
Territorial self-government entities may apply for the subvention. The potentially investment appropriate lots should have a minimum of 40 ha. Funds will be granted for conceptual and research framing projects. Depending on the investor’s needs, the subvention may cover:
The overall budget (for years 2008-2013) amounts to 25 million EUR. The maximum subsidy per project may reach as much as 650 thousand PLN. Applications may be submitted till the end of June 2008. For more information go to : www.mg.gov.pl (MG) INVESTMENTS IN POLAND Gedia again goes for Poland The German producer is to invest 66 million PLN in its second plant in Nowa Sól. According to Puls Biznesu, there are also plans to build an office for the management board.
Thanks to the investment at least 135 new workplaces will be created. Yet Arkadiusz Kowalewski from the Kostrzyn-Słubice Special Economic Zone believes that more places of work may be expected. The plant is scheduled to be completed this year on a 10 ha lot situated not far away from the first Gedia plant in the city. The owner of the new plant is Gedia Poland Assembly, a new company created by Gedia Gebrueder Dingerkus, a German concern manufacturing tin car components. The company has already received permits to operate within the SEZ. Puls Biznesu reports that the new plant is to produce metal constructions, car and engine parts and accessories. It is also to go into metalworking, coating and mechanical working of tin elements. Moreover, a management board office, an IT and accounting services centre together with a centre for research and technical analysis and a call centre are planed to be created. In Nowa Sól there has already been operating one Gedia plant hiring 890 workers and 20 km by the city, in Kożuchów, there are 70 people working in another small Gedia plant. (PB) TPV to hire 1800 people A new TPV Dispalays plant in Gorzów has just been opened. There are several hundred workplaces more than it was expected.
At the moment the plant hires 700 workers and the number is to reach 1800 by the end of the year. That, however, does not seem to be the end of the company’s investment plans in Gorzów. According to Gazeta Wyborcza-Gorzów, the company intends to create a technological campus, where besides the new production premises, space is also earmarked for plants of big concerns’ currently cooperating with TPV in liquid crystal displays production. The campus is planed to take up the majority (25 ha) of the lot as the plant only occupies 8 ha. As for now it has only been revealed that talks with at least two big concerns have been held, one of them is Victory - a metal display parts producer, the second ChiMeiel, electronic components manufacturer. More information on further investors in Gorzów may be available in summer. Tadeusz Jędrzejczak, the president of Gorzów, admits that the TPV investment may be compared to the boom caused by the Stilion company several decades ago. At that time Stilion was a company that brought access to the latest technologies and offered a new quality potential to the local market. The investment process quickly reached full speed. While the lot in SEZ was bought only over a year ago, the plant construction began in September 2007and March 2008 saw the first display produced. Now the plant works double shifts (700 staff) with three processing lines, each capable of producing one million displays a year. In the long run, even ten processing lines may be installed. According to Dziennik, TPV is to focus on TV and LCD screens with a display diagonal ranging from 19 to 42 inches, and bigger in the future. The Gorzów plant is the only TPV investment in the EU and at least one third of the company’s production, the Gorzów plant’s products included, will go to European clients. TPV is determined to keep its position among the five biggest LCD makers in the world. (GW Gorzów) MACROECONOMIC POLAND
Source: www.nbp.pl FROM THE REGIONS The Pomeranian Special Economic Zone enlargement Government agrees to a sub-zone in the Żnin county within the Pomeranian SEZ.
The enlargement means another 100 ha and possible 1300 new workplaces within the Pomeranian SEZ. According to Ekspress Bydgoski, the sub-zone in the Barcin commune is to be made of land located in Wapienno, Sadłogoszcz and Zalesie Barcińskie. The land belongs to Lafarge Cement SA - around 60 ha, 33,5 ha is owned by the Tresury and 5 ha by the commune. Lafarge, the biggest investor in the region, intends to build energy-efficient production lines for concrete production implementing technologically advanced solutions. In order to minimise possible detrimental impact of the investment, the company announces the introduction of state-of-the-art dust removal systems. The project is estimated to be worth between 320-350 million EUR. On the Tuesday press conference the Kujawsko-Pomorskie Province Chairman Piotr Całbecki said that Barcin is prepared to refrain from real estate tax imposition to the benefit of new workplaces creation. Bartosz Nowacki, a member of the Voivodship Management Board, claims that the sub-zone will have a beneficial economic influence not only on the Żnin county but also on the Mogilno and Inowrocław counties. The Barcin commune admits that there have already been signals from other companies interested in investing in the region. The Voivodship Management Board have been holding negotiations on further sub-zone enlargement and it seems that it is the area in the vicinity of Bydgoszcz that stands the best of chance of future SEZ inclusion. (Ekspress Bydgoski) Bigger SEZ in Radom The Parliament passed an act that will give a green-light to the Tarnobrzeg SEZ enlargement. The decision may have a beneficial effect on Radom and the surrounding region.
Echo Miasta reports that it has already been some months since the Radom City Council passed a resolution allowing for the transfer of more than 100 ha of land under the Radom SEZ management. The land is located in the Wośniki and Wólka Klwatecka districts. The lots have been waiting for the inclusion for so long because the old SEZ enlargement terms were valid. According to the terms negotiated with the EU, the SEZ size cannot be changed as any SEZ enlargement would entail a similar-size SEZ liquidation. According to Radosław Witkowski, a Civic Platform MP, the European Commission has no legal basis to question the new SEZ act. While the act is yet to be signed by the President, the decision on Radom SEZ expansion is to be taken by the Council of Ministers. (Echo Dnia - Radom)  Editorial office: Polish Information and Foreign Investment Agency, 00-585 Warsaw, Bagatela Street 12 Economic Promotion Department, tel: (+48 22) 334 98 15, fax: (+48 22) 334 99 98, e-mail: redakcja@paiz.gov.pl | |||||||||||||
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