POLSKA POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND NEWSLETTER November 3rd, 2011 issue 251

NEWS PAIiIZ STARTS NEGOTIATIONS from the Special Administrative Region of Hong Kong PAIiIZ organised the meeting to present the Korean and the Chinese province of Guangdong. The event delegation the investment potential of Poland and WITH NEW INVESTORS attracted some 1000 representatives of Polish business cooperation opportunities awaiting foreign investors in The last two weeks saw the Agency close 3 projects who are interested in investing in China. the IT sector in Poland especially possibilities connected and start talks with 4 new investors A meeting of such a scale and prestige which does help with the broadband development strategies in Eastern October 28th, 2011: the Polish Information and businesspersons establish new contacts and exchange Poland. Details of the opportunities were presented by Foreign Investment Agency supports the development ideas concerning common initiatives was for the first representatives of the Management Boards of the of 161 investment projects jointly worth EUR 6.85 time ever held in Poland. The Polish Information and regions of Świętokrzyskie, Warmia and Mazury, Podlasie billion which may generate 47 859 jobs. Foreign Investment Agency w co-organised the event and Lublin. Three projects in which the negotiation processes were was represented by the Agency's President Mr Sławomir - Poland and South Korea are similar in a number of successfully finished over the last two weeks are jointly Majman. aspects. Over the last 30 years we have made an worth EUR 2.7 million and will create 150 new jobs. All Polish Prime Minister and Minster of Economy Mr extraordinary progress - said Choi, Hee Jeong, Director the investors come from the USA and are active either who also attended the event claims at the Intergen Group. - Today in Korea we see in the R&D or the ICT sector. that for the Chinese businessmen Poland is the best technologies and IT as major drivers of our economy - he There are no changes in the list of investors interested gateway to the European Union. added. in Poland if we analyse the list by the country of origin - Poland is our important business partner and a - 30% of all Korean investment projects located in the of investing company still American companies top continuously growing market. The country's good CEE region are developed in Poland - emphasised Marek the ranking (PAIiIZ now has 40 projects in the pipeline economic condition found reflection in that Poland was Łyżwa, Deputy President of PAIiIZ - and the value of worth EUR 1.1 billion and potential 9,935 jobs). From the only country which had a positive GDP growth accumulated Korean investments in Poland reached EUR among projects currently negotiated by PAIiIZ 17 come during the times of crisis - said Huang Huahua the 1.4 billion. from the UK (worth EUR 378 million and potential Governor of the Guangdong Province during the At the moment the Polish Information and Foreign 6,252 jobs), 15 from Germany (EUR 489 million and conference. - We try to encourage Polish companies to Investment Agency supports the development of 11 4,522 jobs) and 11 from each of the Asian countries - enter our market and to start their business in Hong investment projects from South Korea which are jointly South Korea, China and Japan. Kong which may be the starting point for their expansion worth EUR 248 million and may generate 1,400 jobs. The most popular sector is still the automotive sector to the market of continental China. I am deeply (PAIiIZ) (32 projects, EUR 2323 million and 15,242 jobs), the convinced that the conference will result in numerous BPO (29 projects, EUR 33 million and 9,372 jobs), the Polish-Chinese projects - said Stephen Lam, Secretary MISSION: AMERICA machine sector (11 projects, EUR 658 million and General for Administration of the Special Administra- The Polish Information and Foreign Investment 2,946 jobs) the electronic industry (9 projects) and ICT tive Region of Hong Kong. During the conference the Agency organised a trade mission to the United (7). Polish Information and Foreign Investment Agency and States. Thanks to the mission presidents of Polish This year the Polish Information and Foreign the Department for Foreign Trade and International cities and towns, heads of the Voivodeship Executive Investment Agency held talks and successfully finished Cooperation of the Guangdong Province signed a Boards and presidents of Polish special economic negotiations with 48 investors who decided to invest in cooperation agreement. Poland a total of EUR 1067 million. Projects zones had an opportunity to present the investment This was the 10th business conference organised by the potential of their regions implemented by the companies will create 9,306 jobs. Special Administrative Region of Hong Kong and the The mission included meetings with representatives of The latest data published by the National Bank of administration of the Province of Guangdong. In American companies, trade institutions and science and Poland(NBP) shows that FDI inflow to Poland in 2010 previous years similar conferences were held in New technology parks. Members of the mission visited, reached EUR 6.7 billion. (PAIiIZ) Delhi, Sydney, Madrid, Paris, San Francisco, Vancouver, among others, a station of hydrogen-powered buses, London, Tokyo and Seoul. The fact that this year it was the Office of Film, Television and Digital Media, Aero that hosted the meeting has a lot to do with the Tech School, met the authorities of the state of growing volume of trade transactions between Poland Connecticut, the Connecticut State University and the and Guangdong - last year USD 2.3 billion. The trade U.S Commercial Services. volume between Hong Kong and Poland places the On October 19th, 2011 the delegation took part in a country among Hong Kong's strategic partners. (PAIiIZ) meeting "Poland: Business Partner in Central Europe” in New York. The meeting was organised by the Trade and Investment Promotion Section of the Polish Consulate General in New York and the European-American Chamber of Commerce. On October 21st, 2011 the delegation had the chance to attend a seminar “Poland Trade Day” in New Britain which included “one-to-one” sessions. On October 24th, 2011 the mission participants took part in a conference devoted to the © pressmaster-Fotolia.com prospects of cooperation between Poland and the state Georgia in the times of Polish UE presidency. In order to THE BIGGEST POLISH-CHINESE form a concrete framework for the future cooperation, dialogue and intensified trade contacts representatives CONFERENCE TOOK PLACE IN of the State and PAIiIZ signed a cooperation agreement. WARSAW The mission was held from October 18th to October “Hong Kong Guangdong Business Conference in President of PAIiIZ Sławomir Majman chaired the opening 29th, 2011 and included representatives of the Warsaw 2011” - one of the biggest economic session of the conference authorities of the city of Częstochowa, Łódź. the region conferences organised in the CEE region took place of Kujawy and Pomorze, Śłąsk and the Mielec and Łódż on October 27th, 2011 in Poland. The Polish KOREAN IT COMPANIES IN PAIiIZ SEZs. The idea behind the mission was to attract new Information and Foreign Investment Agency co- The companies visited PAIiIZ on October 28th, 2011 investor to Poland, promotion of the country among organised the event and held a meeting with representatives of the members of the American business environment as well The meeting in Warsaw was attended by over 600 Agency and the Management Boards of eastern as establishment of new business contacts. (PAIiIZ) representatives of business and government circles regions of the country INVESTMENTS IN POLAND MANDO STARTS CONSTRUCTING a supplier of GM, Ford and DaimlerChrisler. furniture and playground equipment. In the Mielec SEZ The project was supported by the Polish Information the company will manufacture large-size waste A FACILITY IN POLAND and Foreign Investment Agency. (PAIiIZ) containers. The company will invest at least 30 people The foundation laying Cremony took place on and will invest PLN 18.9 million. November 3rd, 2011 in Wąłbrzych NEW INVESTMENT PROJECTS IN Concrete Leżajsk will construct a facility producing The facility, which is situated within the Wałbrzych concrete and prefabricated elements within the Leżajsk Special Economic Zone, will manufacture, among THE MIELEC SEZ subzone. The company will invest over PLN 2.7 million other things, brake systems, steering columns, traction Contenur Polska and Concrete Leżajsk will invest in and will hire at least 14 people. control systems and shock-absorbers. By the end of the Mielec Special Economic Zone EURO-PARK Since the beginning of 2011 the Mielec SEZ issued 15 2015 the company plans to invest PLN 390 million and MIELEC over PLN 21 million and will hire at least 44 business activity permissions which will make it possible will create 280 jobs. people to implement projects worth PLN 151 million and will The company has been hiring over 3.5 thousand Contenur Polska headquartered in Mielec was created create 341 new jobs. (the Industrial Development people. Outside Korea the concern has factories in by Contenur SL, producer of waste containers, garden Agency) China, Malaysia, Turkey, India and the USA. Mando is Polish Information and Foreign Investment Agency www.paiz.gov.pl POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND TWO BUSINESS ACTIVITY towards small and medium-sized companies was both in stationary industrial and in mobile hydraulics. established on April 14th, 2009. Due to the latest change The company will invest over PLN 4.6 million and will PERMISSIONS IN ZATOR of borders the subzone's area rose from 4.9 ha to 28.5 increase the current level of employment by at least 5 The Zator subzone in the Kraków Technology Park ha. persons. attracted new investors - Argo-Hytos Polska and Argo-Hytos which combines modern solutions in the Ekowafel has been active in the sectors of confectionery. Ekowafel field of filtering with hydraulic and lubricating systems In Zator Ekowafel will invest PLN 2 million and will hire at Zator is one of the most recently established zubzones will manufacture products which may be implemented least 5 persons. (the Kraków Technology Park) of the Kraków SEZ. The subzone which is geared ANALYSYS AND REPORTS FOREIGN INVESTORS ASSESS people from which to choose workforce (3.88) the assessed only by every 5th surveyed company (21%). factor was rated at good or very good by twice the Over half of the surveyed was positive about the POLAND'S INVESTMENT CLIMATE number of people who assessed it this way in 2007. The cooperation with local administration. AS GOOD! next most highly assessed aspect of the climate for The overall climate for business in Poland in 2011 was Foreign investors like Poland's high internal business is the country's political stability 3.84. Almost assessed as good while it was perceived as satisfactory demand, easy access to well-educated staff and the ¾ of the surveyed perceive the situation as good or very last year. For more information please contact: (PAIiIZ) country's political stability - shows the latest PAIiIZ good while 5 years ago this aspect was one of the report on climate for business in Poland. The overall weakest elements of the overall climate. Within the last rating of Poland's investment attractiveness this year 5 years assessment of Poland's political stability rose by is the highest since the survey has been conducted 1.6 i.e. the biggest increase from among all the Every year PAIiIZ asks foreign investors active in Poland assessed factors. how they see the country's investment conditions. This Taxes and other fiscal charges were assessed at good or year we publish the 5th edition of the survey in which 6 very good by every 4th surveyed i.e. 2 times more than out of 10 surveyed companies assessed Poland's last year. investment climate as very good or good. The average The worst assessed factor is road infrastructure. Yet it is rating this year is 3.59 and is the highest since the worth emphasising that the last 5 years saw an beginning of 2007 when the first survey was improvement in the assessment of the aspect from 1.6 conducted. The most appreciated factor was the size of in 2007 to 2.3 this year. The second worst assessed the market (4.04) and access to a pool of highly-skilled aspect are law regulations which were positively © pressmaster-Fotolia.com ESTERN POLAND EASTERN POLAND ON THE year the fairs hosted such exhibitors as Embraer, the special evening meeting Airtec Get Together Evening. AVIATION SECTOR FAIRS AIRTEC IN Boeing Company, Bombardier Pratt&Whitney, Avio and Entrepreneurs representing the region of Eastern Poland Saab. This year Poland is the Partner country of the could take part in the fairs thanks to the European FRANKFURT event. Regional Development Fund under the Operational 17 companies from Eastern Poland present their This year the stand of Eastern Poland presents, among Programme - Development of Eastern Poland within the offer on the international fairs of suppliers for the other things, an ultra-light MP-02 aircraft Czajka Programme of Economic Promotion of Eastern Poland, aviation sector AIRTEC which have been taking manufactured in the Krosno-based Aero-Kros and the Measure i.4., Component Promotion, I Priority nd th place in Frankfurt between November 2 - 4 , 2011 Mars exploration rover Magma2 created by students Operational Programme - Development of Eastern AIRTEC is one of the most important events for from the Białystok University of Technology. In Frankfurt Poland. (PAIiIZ) entrepreneurs in the aerospace industry in Europe. Last the team promoting Eastern Poland will organise a EVENTS INVESTMENT CONFERENCE IN PIŁA it is good for a business to focus on innovative products The conference will take place on November 9th, 2011 Piła and the Polish Information and Foreign and implement innovative processes and procedures. (Wednesday) at 10.00 at the PAIiIZ Information Centre Investment Agency have the pleasure to invite you to At the end of the meeting representatives of the business at 12 Bagatela Str. the conference Piła - Development and Investment and academic milieus will gather at a round table to During the meeting PAIiIZ, TPA Horwath and the law firm which will take place on November 24th, 2011 discuss issue vital for a better cooperation between the DZP will present the report “Wind energy in Poland”. The conference aims to showcase the economic two circles. Participation in the conference is free of charge. The potential of the city on the background of the region, Participation in the event is free of charge. There is a conference will be translated into English. R.S.V.P. including the potential of the Piła subzone of the limited number of places available so please register by [email protected] Pomeranian Special Economic Zone which was created November 13th, 2011. For more information please (TPA/PAIiIZ) last September. visit: www.belgium.pl (Belgian Business Chamber) The Conference will also provide an opportunity to POLISH INVESTMENT ABROAD organize a discussion concerning the importance of PAIiIZ invites you to take part in a conference Polish investment for the development of the city and region. The debate will be attended by representatives of all companies investment abroad which will take place levels of local government, representatives of PAIiIZ, on November 14th, 2011 at 10.00 in PAIiIZ the SEZ, entrepreneurs and representatives of higher During the conference we will present and discuss a education institutions. report prepared by the Mikołaj Kopernik University on PAIiIZ which signed a cooperation agreement with the Polish foreign investments. We will also sign a city in July 2011 supports the conference and cooperation agreement with the Bank Gospodarstwa encourages all interested parties to attend the event. Krajowego (BGK). Detailed programme of the meeting For more information contact: the Development and will soon be available on our website in the Events European Funds Section of the Piła City Council at 67 section.

201 42 18, 67 210 42 21 or via e-mail: RSVP: [email protected] (PAIiIZ) [email protected] CONFERENCE: WIND ENERGY (Piła / PAIiIZ) SECTOR IN POLAND IN 2011 Exchange rates (as 03.11.2011) The Polish Information and Foreign Investment CONFERENCE: INVESTMENT Agency, the consulting group TPA Horwath and the Buy Sell ATTRACTIVENESS OF POLISH law firm Domański Zakrzewski Palinka invite you to a USD 3,1369 3,2003 conference “The wind energy in Poland 2011” REGIONS EUR 4,3313 4,4189 The conference will be held in the seat of PAIiIZ on November 15th, 2011 at 12.00 Source: www.nbp.pl During the conference the Polish Information and Foreign Investment Agency and the Warsaw School of Economics will present a publication ”Report of the investment attractiveness of Polsih regions. From a diagnosis to the success of regional policy”. More information next week in our Newsletter. (PAIiIZ)

BELGIAN BUSINESS CHAMBER Polish Information INVITES YOU TO A SEMINAR and Foreign Investment Agency 00-585 Warsaw, 12 Bagatela Str. Stimulated to become innovative. Benefits from new tel. (+48 22) 334 98 40 technologies in business The idea behind the seminar is to stimulate fax (+48 22) 334 99 90 cooperation between entrepreneurs and the academic e-mail: [email protected] world. Public Relations Division. The seminar includes a presentation which shows why Economic Promotion Department

Polish Information and Foreign Investment Agency www.paiz.gov.pl