Post by tufta on Sept 19, 2010 19:31:04 GMT 1
I remember there were times prior Poland's accession to EU when I was reassuring people anxious about Poland's economy future inside EU. It seems that the first glimpses of the predicted swap in investment flow direction are already here. It is great news for Poland and the whole EU - the equalization of economic power between the Germany and Poland is already on the horizon. For the better, safer and just future of our Union and the continent. Of course this is still only a fady trend, with German economy still 8 times larger than the Polish one, while the countries have comparable sizes (...and incomparable populations) , but it is the move in the correct direction. And in line with the previous voices, or critisism, that Poland is too much conncentrated on investing to the East, and too less to the West.
Polish companies eagerly invest in Germany
17th September 2010
Germany opens its job market to Poles next year, encouraging anticipatory investments
Courtesy of Wikimedia Commons
Polish companies are taking advantage of the weak global economy and investing in the biggest markets across the world.
In H1, Polish firms invested a total of €2.3 billion, according to data collected by the National Bank of Poland (NBP). That's more than in the whole of 2009, when direct foreign investment by Polish companies reached €2.07 billion. Polish investors have focused most on the German market.
Interest in the Poland's western neighbor results from the fact that Poles will be able to work there next year.
"We have been receiving more and more phone calls from businessmen who are planning to launch production here or open their service center offering employment for workers from Poland," said Tomasz Salmon from the Trade and Investment Section of the Polish Embassy in Berlin.
Another reason for an intense interest in the German market is the low price for which investors can purchase struggling German companies. The most investments were made in the chemical sector.
Polish companies eagerly invest in Germany
17th September 2010
Germany opens its job market to Poles next year, encouraging anticipatory investments
Courtesy of Wikimedia Commons
Polish companies are taking advantage of the weak global economy and investing in the biggest markets across the world.
In H1, Polish firms invested a total of €2.3 billion, according to data collected by the National Bank of Poland (NBP). That's more than in the whole of 2009, when direct foreign investment by Polish companies reached €2.07 billion. Polish investors have focused most on the German market.
Interest in the Poland's western neighbor results from the fact that Poles will be able to work there next year.
"We have been receiving more and more phone calls from businessmen who are planning to launch production here or open their service center offering employment for workers from Poland," said Tomasz Salmon from the Trade and Investment Section of the Polish Embassy in Berlin.
Another reason for an intense interest in the German market is the low price for which investors can purchase struggling German companies. The most investments were made in the chemical sector.