Poland is one of the European leaders in attracting foreign investors. According to the fDi Report 2015, Poland in 2014 took the fifth place in Europe by acquiring 177 new foreign direct investments (FDI) worth about 6 billion dollars. Poland is also in the top 20 largest recipients of FDI in the world (World Investment Report, 2015). In turn, Bloomberg ranked Poland as the best country to do business in Central and Eastern Europe (Best Countries for Business 2014
Why invest in Poland?
Foreign investors choose Poland because of the economic stability (the only country in the EU not affected by the recession), a well educated workforce, the potential consumer base as well as the attractive geographic location in Central Europe which facilitates the export of goods. Moreover, in Poland fourteen special economic zones (SEZ) function. The SEZs offer tax exemptions, specially prepared infrastructure and the facilitation of formalities related to new investment.
Information centres for foreign investors
If you want to develop your business in Poland, you can take advantage of free services offered by the Polish Information and Foreign Investment Agency (PAIiIZ). Since the beginning of 2016, PAIiIZ has led 179 investment projects with a total value of over 3.17 billion euro. The largest investors include companies from the United States (46 projects with a value of 862.31 million euro), Germany (29 projects, 324.65 million euros) and France (12 projects, 233.2 million euros). Also Regional Investor Service Centres and the Polish Agency for Enterprise Development (PARP) support foreign investors.
According to the Business Information Centre, in Poland currently operate more than 46 thousand companies with the participation of foreign capital. The most attractive voivodeships for foreign investors are: mazowieckie, dolnośląskie and wielkopolskie (see: infographic).
Companies with foreign capital by Voivodeship
Source: economic information Centre, www.coig.com.pl
Masovia – an attractive region for foreign investors
The Masovian Voivodeship (Mazowieckie – Central Poland) belongs to the best economically developed regions in Poland. 740 000 enterprises operate here, of which nearly 20 thousand companies with foreign capital. The incentive for foreign businesses are attractive investment areas – five special economic zones (SEZ) as well as two zones of economic activity, which also will be converted into SEZs. Entrepreneurs can count on the help of the Masovian Regional Development Agency, with the Investor and Exporter Service Center, providing among others a data base of investment areas. Among the largest foreign investors in Mazovia are Daewoo, France Telecom, Citigroup, Gazprom, Volvo and Mercedes-Benz.
Lower Silesia – invest in the border region
Lower Silesia (Śląśkie – south-western Poland) is located on the border with Germany and the Czech Republic. The voivodeship has a well-developed transport infrastructure and possesses the third, in terms of numbers of students, academic and scientific centre in Poland – Wrocław. The internet portal Invest in Lower Silesia offers a database of available investment areas. Moreover, in Lower Silesia are four special economic zones, and more than a dozen industrial and technology parks open for cooperation with business. In Lower Silesia the following international companies from Germany (Bosch, Siemens, Volkswagen), United States (Amazon, Google, whirlpool), France (Auchan, Carrefour, Credit Agricole), Korea (LG Electronics) and Japan (Toyota, Toshiba) are located. Investors can count on the help of the Lower Silesian Agency for Economic Cooperation.
Greater Poland – a good place for investors
The Greater Poland Voivodeship (Wielkopolskie – western Poland) it is situated on the transport route leading from Western Europe to Russia. Such beneficial location gives an incentive for international logistics companies. In the Wielkopolska subzone are six Special Economic Zones and six industrial and technology parks. Among foreign investors with the greatest capital located in Wielkopolska are companies from Germany (Volkswagen, Beiersdorf, MAN), United Kingdom (Glaxo Smith Kline, Imperial Tobacco), United States (Wrigley Company, Exide), Ireland (Allied Irish Bank), Japan (Bridgestone, Matsushita), the Netherlands (Philips) and Switzerland (Nestlé). The Investor Assistance Centre gives information about investing opportunities in the region of Wielkopolska.
When you invest in Poland, you will take advantage of the immense internal market, the availability of cheap and well educated workforce, the central location in Europe, a well-developed infrastructure and finally the availability of interesting investment areas.