Browsing: Economy

Is Poland’s export model effective? How do EU-US bilateral agreements impact on Polish foreign trade? Are Polish companies benefiting from the business opportunities in the emerging markets like Africa? These questions were discussed at the Changing Polish Industry Forum by representatives of Polish government, institutions and business. Polish Information and Foreign Investment Agency board member, Monika Piątkowska, took part in the meeting.

Industry in Poland represents nearly 25% of the entire economy. That makes Poland close to profile of Germany (25.8%). However, this proportion is higher than the average in the European Union (18.5%). Polish companies are considered as competitive, due to their high flexibility, production efficiency, good product quality and the ability to control costs. Those are the results of analysis of the competitiveness of Polish producers entitled “Trends in 2014. Made in Poland”. The survey was conducted by DNB Bank.

Poland was ranked at the 50th position among 186 countries in the Index of Economic Freedom. With its 67 points, Poland made a seven-step progress compared to last year’s results. This is the best score the country has ever had.

Poland has maintained its 20th position in the Brand Finance Nation Brands 2013 ranking published in December. Our nation brand’s value increased by 5 percent relative to 2012 and amounts to 497 billion dollars.

According to preliminary data compiled by GUS (Central Statistical Office), from January to October 2013, export of goods from Poland increased by 6%, reaching a value of €127.5 billion. Imports was worth €128.7 billion and was higher by 0.1 % than last year.

Procter & Gamble announced the opening of a next investment in Poland. With the support of Polish Information and Foreign Investment Agency, the company established European Centre for Planning and Logistics in Warsaw, where 500 people will find new jobs.

According to newely ManpowerGroup report “Manpower Employment Outlook Survey”, employers in Poland are “carefully optimistic” – about the employment rate in fourth quarter of 2013. 12% of surveyed entrepreneurs plan to increase the employment.