In the year 2012 Sebastian Kleinau faced with a difficult question. The founder and managing Director of the Berlin Startups Talixo was looking for a new location for its IT Department. He considered the passage to India, to Afghanistan, to Pakistan. Ultimately, he landed with his company, the Taxi and limousine Services offers in Krakow.
“there are Many reasons for Poland,” said Kleinau. “There is a cultural proximity to Germany, the labour costs are still comparatively low and the training, particularly in the IT sector in Poland is very good.” His Polish employees can be a great competitive advantage, says Kleinau. And he is sure: “I would make this decision again.”
the founder is not alone. 95 percent of German companies that have invested in Poland, would choose the country as an investment location. The findings of a business survey of the chamber of foreign trade. This number is evidence of how intense the economic relations between the two neighboring countries are now. And how far the companies have to the East the Or now of the chaotic state, the language with the despektierli Chen stereotype of the “Polish economy” even the entrance to the German utility.
Even in the financial crisis, the GDP
grew up in fact, a glance at the Figures shows that Poland’s economy has achieved since the fall of the Iron curtain up to the financial crisis, a more than impressive growth: Between 1990 and 2008, the gross domestic product (GDP) increased from around 66 to 534 billion US dollars. The annual rate of growth of Poland and since 1992, almost always in German. Even in the year of the financial crisis, as Germany’s economy could crash by nearly six percent, went to the mountain in Poland to 2.8 percent.
For the coming year, it expects a Plus of 3.8 percent; in Germany, the Federal Ministry of Finance, from an increase of less than one percent. Still, the gross domestic product per capita is well 13.811 Euro, however, significantly lower than in Germany (almost 40,000 euros).
However, as the economic structure of Poland? With an annual turnover of 50 billion euros the food industry is the strongest industry in Poland. In addition, the automobile industry is the important sectors of the economy of the country. Even more than a quarter of the gross value added in Poland will be achieved through the industry – in the EU average, this figure stands at 20 percent.
Large corporations of the world rank there is, however, hardly. According to the Forbes Ranking of the largest companies in the world in 2018, the mineral oil group PKN was Orlen, the biggest Polish company. With around 25 billion dollars Orlen, however, was only ranked 713 of this list. It is the insurance company Grupa PZU (770), and the Bank Polski (845) followed. In all three companies the state is involved.
Polish medium-sized company, such as Solaris could be Global players
The heart of the Polish economy, the small-form company. After the turn, there was a Boom of start-UPS. From this wide range of self-employed business, the economy still benefits. “Poland is no longer the workbench of Europe,” says Michael Kern, managing Director of the German-Polish chamber of Commerce and industry. “There is in the Polish economy, some medium-sized companies, which may rise in the coming years to international actors.”
As examples, he cites the Bus manufacturer Solaris, the is a leader in the development of electric buses, the Software company Asseco, “the SAP of Poland”, and the cosmetics provider Inglot, “you can find now at all airports of the world”. “The deduction of qualified workers is almost stopped, because the salaries are for highly skilled Jobs in Poland so much lower, the cost of living, however,” says core. “But also in Poland, large skill shortages exist, especially in the case of skilled workers in the technical area.”
The German-Polish economic relationship, in Numbers. the
The PiS party is Apart of the location of risk
of signs of a cooling of sentiment were provoked mainly by the policy of the Polish government. Since the right-wing conservative PiS party of 2015 is in Power, claims the German entrepreneur is the unpredictability of the Polish policy. The economic promotion Agency “Germany Trade and Invest” speaks of “economic Patriotism,” and notes that the government remodels the range of funding opportunities in the direction of a higher local value added.
as a result, Poland lost the top spot in the Ranking of location attractiveness of German chambers of Commerce abroad in Central and Eastern Europe to 2017 in the Czech Republic. “In the German economy, there are Concerns about the predictability of the Polish economic policy,” says core. Of protectionism, he does not want to speak.
Mercedes invested in Poland
For Poland Germany is a hugely important trading partner. Since 1990, more than 30 billion euros have been invested in investment from Germany to Poland, no other country more money. The other way around, it is only a billion euros. Trade between the neighbouring countries is growing steadily. In 2018, the total volume stood at 118 billion euros, of which Germany has recorded a strong Surplus. Nevertheless, a quarter of Polish exports go to Germany. The largest exporter is Volkswagen. A total of more than 6500 German companies in Poland are active.
These Figures also of the Polish government are, of course, known. And so large German corporations will find at least hardly critical words for the Polish policy. In mid-2019 of approximately Mercedes wants to open another plant in Poland. The factory in Jawor to manufacture both Diesel and petrol engines and battery cells. Company representatives rave, environmental and construction permits they have received “record fast”.
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construction boom of the Vistula river, Poland attracts investors with rosy prospects
Aleksandra Lebedowicz
the Expansion of the infrastructure will according to your Wishes forward. In fact, Poland constricted currently an investment package for the rail transport, “as it has been for 80 years and will no longer exist,” says Kern. I can understand that the Expansion of train services is high on the priority list.
