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NEWSLETTER July 19th, 2012 issue 287

NEWS POLISH UNDERWEAR CONQUERS merchants from France, Italy, Germany, Great Britain, PAIiIZ COOPERATION AGREEMENT THE WORLD CAPITAL OF FASHION Russia, the USA and . The next year's edition of WITH THE CITY OF ZAMBRÓW Mode City Fair will celebrate its 50th anniversary. Manufacturers and distributors of underwear from On July 6th the Polish Information and Foreign (PAIiIZ) Eastern Poland exhibited a second time on a common Investment Agency signed a cooperation agreement regional stand at the world's largest underwear with the City of Zambrów. The major aim of the Mode City Fair held in Paris from 7th to 9th July. agreement is to promote Zambrów and help the city Mode City Exhibition combined with Interfilire trade attract more investment projects from abroad. show (exhibition of textiles and suppliers to the The parties committed themselves to undertake underwear industry) is held twice a year in January and activities which will help the city actively seek investors July. and provide them with professional services. PAIiIZ will Of funding participation in the trip, under the Eastern provide help in the process of investment offer Poland Economic Promotion Programme, 17 preparation, in gathering and providing data enterpreneurs from the macro-region have benefited. concerning economic conditions of the region, in The key products presented such companinies as: AVA, creation of data basis concerning the city's economic Axami, Expose Beauty, Fabio Undercare, GAIA, environment and in data management. Gorteks, Gracya, Kinga, Kostar, MAT Lingerie, Meva To date the Agency has signed similar agreements with Fashion and Miss Fabio. Kielce, Lublin, Rzeszów, Białystok, Olsztyn, Bydgoszcz, A strong promotional accent was also a presentation of Koszalin, Krosno, Częstochowa, Opole, Zamość, the Eastern Poland products in the main show of Szczecinek, Piła, Radom, Piotrków Trybunalski, Łapy, underwear, directed by the fair organizer, which for Radom, Łomża, Iława and Tarnobrzeg. three days of the event was watched by a total of several (PAIiIZ) thousands of spectators. In July edition of this year, about 430 brands from around the world were presented. It attracted over 15 thousand visitors - mainly distributors and direct Eastern Poland at Mode City

INVESTMENTS IN POLAND

ABB IS BUILDING A NEW PLANT IN region - said Bernhard Jucker, head of ABB`s Power accessories market. New, technologically advanced ŁÓDŹ Products division. machinery, provide a high quality final products. Project When the new component factory is completed next consists of computer-controlled machines and devices ABB to invest around USD 30 million in new year, it will bring the total number of ABB employees in with a high degree of technical innovation. transformer component unit in Poland Łódź to about 1,000. This is ABB's third investment in Accordingly with the project, the Company shall bear Poland in recent years, following the construction of capital expenditures of at least EUR 3 million on or factories to manufacture electric motors and power before December 31, 2013. The company is to employ electronics, which are also located close to Łódź. in the years 2014 - 2018, not less than 337 employees. The ABB Group of companies operates in around 100 (LSSE) countries and employs about 145,000 people. More o n : h t t p : / / w w w. a b b . p l / c a w p / s e i t p 2 0 2 / CLARIANT INVESTS IN POLAND cd3eeb06a749e07cc1257a38002e0221.aspx (ABB) Clariant International Ltd will invest in new plant in ABB transformer factory in Łódź Konstantynów Łódzki, which will produce color A NEW INVESTOR IN LEGNICA SEZ masterbatches for plastic materials to individual ABB, the leading power and automation technology On June 29th Vorwerk Dichtungssysteme Poland Ltd needs. group, will invest around USD 30 million in a new plant based in Komorniki received permit to operate in Clariant Masterbatches is a recognized world leader in in Poland making components for power and Legnica SEZ. the production of color concentrates and solutions for distribution transformers. The new unit will be located The company Vorwerk Dichtungssysteme Poland the plastics sector. Clariant is an internationally next to ABB's existing transformer facilities in Łódź. The already has a business activity in the LSEZ. The main operating specialised chemical company based in 10,000 sqm factory will be completed by mid 2013 and objective of the new investment project is the Muttenz, near Basel. The Group has over 100 will employ about 140 people including machine construction of production and warehouse hall in companies worldwide. operators and logistics, purchasing, quality and Komorniki near Środa Sląska on area of about 5,000 Clariant will invest in the Łódź SEZ over PLN 38 million in engineering support personnel. sqm along with social infrastructure, where the one of the most modern plants, which will allow to Investment, increasing ABB's manufacturing facility in production, confectioning and arming of rubber tape in increase production to 4,000 tons of color concentrates Łódź, is going to meet demand for transformers in the fastening metal tips is planned. That will expand the (masterbatches) per year, which will enable the Europe. - The new component manufacturing plant will product range of the plant and will allow the company company Clariant, via a subsidiary in Poland, to serve act as a feeder factory for our transformer units in the to increase its competitiveness in the automotive clients in Central and Eastern Europe. (LSEZ)

POLAND IN NUMBERS POLAND AS LEADER IN EXPENDING projects, in which EU funding amounted to PLN 209.7 July 3, 2012, Poland received in form of advance EUROPEAN FUNDING billion, which composes 73.1 percent of the allocation payments and refunds over EUR 29.2 billion, while for 2007-2013. This means that almost three quarters followed by Spain and Germany which paid out a total According to the data of European Commission and of funding granted to Poland by the middle of the year, of over EUR 2 billion less. Ministry of Regional Development, Poland paid out have already worked in the economy. In percentage terms, Poland is in third place among the from the EU budget the biggest amount of money Only in first half of 2012, 23 thousand formally correct countries whose allocation is more than EUR 10 billion. from all EU countries, nearly EUR 30 billion. applications on the total subsidy amount of PLN 37 The Commission has paid us nearly 43.5 percent of the Since the start of the programs by the end of the first half billion were submitted. (EU and national funds). grants. The leaders are Germany and Portugal, but of 2012, Poland submitted 229.1 thousand, formally According to recent statistics of the European each of these countries has around three times less correct applications for a total of PLN 484.7 billion Commission, Poland is one of the leaders in terms of funding to the use than Poland. funding (EU and national funding). By this time in whole number of funding paid out from the EU budget. Up to country carried out or completed almost 72 thousand

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

Exchange rates19.07.2012 Poland is also in third place among the new EU Member allocations, 10 and 20 times less than the amount of States. However, it must be remembered that the funding reserved for our country. (MRR) Buy Sell leaders, Lithuania and Estonia, have at their disposal USD 3,3755 3,4437 EUR 4,1334 4,2170 EVENTS Source: www.nbp.pl WORKSHOP SEMINAR Commerce, Microsoft, Bank Pekao SA and the Export Within the framework of Eastern Poland Economic "ENTERPRENEUR, EXPORT!" Credit Insurance Corporation will share their Promotion Programme implemented by the Polish knowledge. Entrepreneurs will be able to know the Information and Foreign Investment Agency, in late May The of Small and Medium details of programs for exporters (such as an improved and early June the mid-term evaluation was carried out. Enterprises and the Middle Class UNICORN offers a "Passport to Export") and other sources of financial The aim of this study was to verify the scope of workshop seminar "Enterpreneur, export!" to be held support and warranty as well as learn what to do to be a knowledge and perception of Eastern Poland after two on July 24th, in the Town Hall in Słupsk. successful exporter and how to improve the years of the Program realisation, and an assessment by effectiveness in business. participants of Program the progress already achieved The seminar is organized at the invitation of the in implementing the Eastern Poland Economic President of Słupsk, Maciej Kobyliński, under the Promotion Programme as well as benefits that result for auspices of the Ministry of Economy, PARP, PAIiIZ and their businesses. the PCC in association with Microsoft Poland and Bank Thanks to results of the mid-term evaluation research Pekao SA. The meeting will be held on July 24th the Agency will be able to update the Programme (Tuesday), at the Town Hall in Słupsk on Pl. Zwyciestwa assumptions, and recommendations contained herein 3, room 211, at 9.00-13.00. Entrepreneurs will be able will be used in further work related to the Eastern Poland to present materials to promote their businesses to Economic Promotion Programme. other participants on the seminar. Admission is free. The Conference "Final Report of the mid-term A p p l i c a t i o n s : b i u r o @ u n i c o r n - s m e . o r g , evaluation study of the Eastern Poland Economic [email protected], phone (22) 755-87-62, 501 Promotion Programme" will take place at the PAIiIZ 494 925. Information Centre, ul. Bagatela 12, Warsaw at 11.00 Program and application form available at: (registration from 10.45). Participation free of charge. http://www.paiz.gov.pl/20120724/seminarium_w_slu For more information: Kamila Chrzanowska, psku (UNICORN) t e l : 2 2 / 3 3 4 9 8 4 5 , e - m a i l : [email protected]. ABSORPTION OF EU FUNDING IN RSVP: [email protected] (PAIiIZ) THE PROMOTION OF EASTERN POLAND MACROREGION During the meeting, experts from the Polish Agency for July 31, 2012 at the PAIiIZ's seat the results of mid- Enterprise Development, the Polish Information and term evaluation survey of the Eastern Poland Foreign Investment Agency, the Polish Chamber of Economic Promotion Programme will be presented. DID YOU KNOW THAT...

IN WARSAW DEVELOPS THE over the next five years will receive up to PLN 50 million NARROWEST HOUSE IN THE of additional funding up to PLN 10 million annually by 2017, including to strengthen the scientific and research WORLD potential, academic staff development, to create In the narrow, 133-cm gap between the buildings at attractive conditions for research work, building a 22 Chlodna Str. and 74 Zelazna Str. on Wola district, strong and recognizable brand, as well as higher wages the architect Jakub Szczesny and the Foundation for for scientists or employment of foreign scientists in Polish Modern Art build a house of Etgar Keret. Poland. Professor Barbara Kudrycka indicated that science in Poland reaches of quality, and example of outstanding achievement of Polish physicists is the recent discovery of the Higgs particle by a CERN center, which employs many Poles, or discovery by Polish scientists methods of mass production of graphene. Flagship unit of the Polish science has emerged a special commission composed of experts from Polish and foreign scientists. It was a total of 24 scientists - 6 of Poland and 18 of the best research centers in the world. The competition was directed to the basic organizational units in universities, research centers established by institutions of higher education, as well as research consortia. (MNiSW)

SIX RESEARCH UNITS RECEIVED THE STATUS OF A LEADING CENTER In the presence of Professor Barbara Kudrycka and Prime Minister the list of Leading National Research Centers has been announced. The winning research units will receive up to PLN 50 million for further development and research. The winners of the first edition have been six units in discipline of exact sciences, medical and The aim is to give the impression of an intellectual pharmaceutical sciences and health sciences. The presence of Etgar Keret, watching as the "external eye" LRNC (KNOW) Status for the years 2012-2017 Polish Information Warsaw and its cultural landscape and to show that received: Warsaw Center of Mathematics and and Foreign Investment Agency Computer Science, Marian Smoluchowski Cracow Warsaw is a living, multicultural city. Additional aspects 00-585 Warsaw, 12 Bagatela Str. is the fact of the Warsaw origin of Keret's family, Research Consortium "Matter-Energy-Future", Warsaw tel. (+48 22) 334 98 40 including his father, who was hiding for three years in Academic Chemical Consortium, scientific consortium the glove compartment under the floor, which is also a of the Medical Faculty of the Jagiellonian University fax (+48 22) 334 99 90 small space, as well as location of the project on the Medical College and the Institute of Pharmacology e-mail: [email protected] periphery of the Small and Large Ghetto, now in front of Polish Academy of Sciences, Faculty of Pharmacy and Public Relations Division the main club-cafe in town - Chlodna 25 (CENTRALA, Laboratory Medicine Medical University of Gdansk and Economic Promotion Department www.cenrala.net.pl) the Center for Innovative Research in Bialystok. Each of the units who receive LRNC (KNOW) status,

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