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WHY POLAND? Market Overview and Economic Situation Michael Clay – UK Chairman
[object Object],[object Object],[object Object],[object Object],[object Object],Main themes
Poland $534 bn (+1.8%)  18th 38.1m Czech Rep. $207 bn (-4.3%)  40th 10.5m  Hungary $146 bn (-6.7%) 52nd 10.0m Slovakia $90 bn (-5.0%)  57th 5.4m Slovenia $51 bn (-7.5%) 69th 2.0m Lithuania $40 bn (-14.4%) 75th 3.3m Latvia $28 bn (-17.5%) 80th 2.2m Estonia $20 bn (-14.5%) 93rd 1.3m GDP (nominal) Source World Bank/EIU, 2009 growth GDP rank pop.
Poland – High Skills, Low Cost ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Foreign direct investment
Structural & Cohesion Funds ,[object Object],[object Object],[object Object],[object Object],[object Object],EU structural and cohesion funds
Structural & Cohesion Funds ,[object Object],[object Object],[object Object],EU structural and cohesion funds
Structural & Cohesion Funds How much do the net contributors to Poland’s EU structural and cohesion funds see of the money? For every €1 that Austria contributes to Poland via Brussels, it sees €0.93 back in terms of contracts won by Austrian companies competing for EU-funded tenders. Germany sees back €0.64. Denmark €0.43, Sweden €0.41. The UK? A mere €0.13! The UK taxpayer is paying to build Poland’s new infrastructure, but UK businesses are not benefiting from the opportunities! EU structural and cohesion funds Source: Ministry of Regional Development
Structural & Cohesion Funds ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Public Private Partnerships
Structural & Cohesion Funds ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Public Private Partnerships
Poland – High Skills, Low Cost Source: OECD, GUS, Eurostat ,[object Object],[object Object],[object Object],[object Object],Poland’s skilled workforce
FDI destinations and unemployment Source: GUS
Source:  GUS ,  2009 data Age Year of birth 2010 2004 1983 1967 1957 1946 Falling demographics for next 20 years 1939 2034 2027 2007 1991 1981 1970 1963 starting work 340 000 2017 1993
24 18 21 15 12 9 6 3 Growth and unemployment  2000 2001 2002 2003 2004 2005 2006 2008 2007 Unemployment % 2009 Source: GUS (Polish stats office) 0 GDP growth, year-on-year % 2010
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The British - Polish experience
Arcelor Mittal Tesco BP  Shell GlaxoSmithKline  Unilever Aviva Largest British investors in Poland Pilkington (now NSG) Cadbury’s (now Kraft) Provident  Associated British Foods  HSBC RSA (Royal Sun Alliance) First Property Group London & Cambridge Property
Fill fill GBP  billions Source: Office of National Statistics, UKTI Trade between UK and Poland
Fill fill Poland: an increasingly important partner
Trade direct for higher margins Poland UK 750 PLN € 200 € 160 30% 50%  30% £100 £100 1,000 PLN
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Catalysts for future growth
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Summary
www.bpcc.org.pl e-mail:  [email_address] [email_address] Contact us Thank you

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Poland economy and market October 2010

  • 1. WHY POLAND? Market Overview and Economic Situation Michael Clay – UK Chairman
  • 2.
  • 3. Poland $534 bn (+1.8%) 18th 38.1m Czech Rep. $207 bn (-4.3%) 40th 10.5m Hungary $146 bn (-6.7%) 52nd 10.0m Slovakia $90 bn (-5.0%) 57th 5.4m Slovenia $51 bn (-7.5%) 69th 2.0m Lithuania $40 bn (-14.4%) 75th 3.3m Latvia $28 bn (-17.5%) 80th 2.2m Estonia $20 bn (-14.5%) 93rd 1.3m GDP (nominal) Source World Bank/EIU, 2009 growth GDP rank pop.
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  • 7. Structural & Cohesion Funds How much do the net contributors to Poland’s EU structural and cohesion funds see of the money? For every €1 that Austria contributes to Poland via Brussels, it sees €0.93 back in terms of contracts won by Austrian companies competing for EU-funded tenders. Germany sees back €0.64. Denmark €0.43, Sweden €0.41. The UK? A mere €0.13! The UK taxpayer is paying to build Poland’s new infrastructure, but UK businesses are not benefiting from the opportunities! EU structural and cohesion funds Source: Ministry of Regional Development
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  • 11. FDI destinations and unemployment Source: GUS
  • 12. Source: GUS , 2009 data Age Year of birth 2010 2004 1983 1967 1957 1946 Falling demographics for next 20 years 1939 2034 2027 2007 1991 1981 1970 1963 starting work 340 000 2017 1993
  • 13. 24 18 21 15 12 9 6 3 Growth and unemployment 2000 2001 2002 2003 2004 2005 2006 2008 2007 Unemployment % 2009 Source: GUS (Polish stats office) 0 GDP growth, year-on-year % 2010
  • 14.
  • 15. Arcelor Mittal Tesco BP Shell GlaxoSmithKline Unilever Aviva Largest British investors in Poland Pilkington (now NSG) Cadbury’s (now Kraft) Provident Associated British Foods HSBC RSA (Royal Sun Alliance) First Property Group London & Cambridge Property
  • 16. Fill fill GBP billions Source: Office of National Statistics, UKTI Trade between UK and Poland
  • 17. Fill fill Poland: an increasingly important partner
  • 18. Trade direct for higher margins Poland UK 750 PLN € 200 € 160 30% 50% 30% £100 £100 1,000 PLN
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  • 21. www.bpcc.org.pl e-mail: [email_address] [email_address] Contact us Thank you