Why poland
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Poland has a large economy and market as the 6th largest in the EU. It has experienced strong economic growth since joining the EU in 2004. Poland offers favorable conditions for foreign business including low corporate taxes, investment incentives, and high-skilled yet low-cost labor force.
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Why poland
- 1. Why Poland? Business Environment 2010: Economy, market and labour. For more information visit www.hireinpoland.com hireinpoland.com
- 3. Schengen member since 2007
- 6. Total area: 312 679 km²
- 8. Currency: Zloty (0,26 €)
- 9. Official language: Polish hireinpoland.com hireinpoland.com
- 11. from the new EU countries
- 12. Located in the heart of Europe
- 13. Part of the trans European road
- 14. network
- 15. Easy access to 250 million
- 16. consumers within a radius of 1,000
- 17. kilometers
- 18. Strong economic growth potential
- 19. Large domestic market hireinpoland.com hireinpoland.com
- 21. One of the fastest growing economy in Central Europe
- 22. The only EU member country to have avoided a decline in GDP
- 24. GDP per capita $18,072 (2009 est.)
- 25. GDP by sector :agriculture: 4.6%; industry: 28.1%; services: 67.3%
- 26. (2009 est.) hireinpoland.com hireinpoland.com
- 28. investment incentives in 14 Special Economic Zones ( income tax
- 29. exemption, real estate tax exemption, competitive land prices), the
- 30. possibility to benefit from the EU structural funds, brownfield and greenfield
- 31. localizations.
- 32. The level of FDI inflow into Poland in 2006 amounted to 13.9 billion Euro .
- 33. (Source: The National Bank of Poland)
- 34. Poland is the 7th in the World in terms of investment attractiveness
- 35. (Source: Ernst & Young)
- 36. The selection of Poland as the co-organizer of the European Football
- 37. Championships in 2012 will speed up a lot of investments in Poland in
- 38. the coming years. This includes investment in sectors such as roads,
- 39. railways and air infrastructure, as well as hotel, tourism, gastronomy and
- 41. Support for foreign investors in all the necessary legal and
- 42. administrative procedures is provided by Polish Information and Foreign
- 44. Poland has a high level of political stability hireinpoland.com hireinpoland.com
- 46. Export goods: machinery and transport equipment 43.2%,
- 47. manufactured goods classified chiefly by material 19.5%,
- 48. miscellaneous manufactured articles 13.3%, food and live animals
- 49. 9.5%, chemicals and related products 7.8%
- 50. Main export partners :Germany 26.1%, France 6.9%, Italy 6.9%, United
- 52. Import goods :machinery and transport equipment 35.3%,
- 53. manufactured goods classified chiefly by material 17.4%, chemicals
- 54. and related products 14 %, miscellaneous manufactured articles
- 55. 10.6%, mineral fuels, lubricants and related materials 9.6%
- 56. Main import partners :Germany 22.4%, China 9.3%, Russia 8.5%, Italy
- 58. Public finances ( Source: CIA World Fact Book) Public debt 47.5% of GDP (2009 est.) Revenues $83.68 billion (2009 est.) Expenses $93.47 billion (2009 est.) Economic aid $68 billion in available EU structural adjustment and cohesion funds (2007-13) Foreign reserves: $67.29 billion (31 December 2009 est.) hireinpoland.com hireinpoland.com
- 60. 16,5% of population has higher education (GUS, 2005)
- 61. Polish workers are educated to the EU standards and diplomas,
- 62. certificates and titles are usually equivalent to those of other EU
- 63. member states.
- 64. 30% of Poles speak fluent English
- 65. Poles like to work for and appreciate foreign employers based on their
- 66. experience of working in other EU countries or working in subsidiraies
- 67. of world's largest companies established in Poland.
- 68. 80% of Poles use internet on a regular basis
- 69. Labour force by occupation agriculture: 17.4%; industry: 29.2%;
- 71. Unemployment 9.1% (March 2010) steadily decreasing
- 72. one of the hardest working nations in Europe ( Source: OECD,
- 73. www.oecd.org )
- 74. Low labour cost hireinpoland.com hireinpoland.com
- 75. If you still have not thought about doing business in and with Poland, now is the time to do so. Check out www.hireinpoland.com for useful information and resources. hireinpoland.com hireinpoland.com