POLSKA POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND NEWSLETTER March 19th 2009, number 114

NEWS FROM THE EDITOR MINISTER OF TREASURY'S VISIT Stockholm with the delivery of 28 Dear Readers! TO THE MIDDLE EAST 12 CNG for Busslink, the city's main operator. Polish Information and Foreign Investment Monday was the last day of the Minister of Busslink, owned by a French transport group Agency invites you to participate in a conference Treasury's Aleksander Grad two-day visit in Keolis and Greater Stockholm transport authority on the prospects for development of renewable the United Arab Emirates. The main goal of Storstockholms Lokaltrafik, operates a fleet of energy in Poland. More information can be the visit to the Middle East was to promote the 1,500 throughout the metropolitan region. found in the News section. Today we inform also privatization programme planned for the The new Solaris buses will have Iveco engines about the increase of foreign direct investments years 2008-2011, as well as to meet with running on environmentally-friendly biogas. inflow to Poland in January in comparison with potential investors. Completing the recent Scandinavian contracts is last year, and we present the results of a survey of The Minister of Treasury, Aleksander Grad, has an order from Denmark. Arhus Sporveje operates Polish-German Chamber of Industry and presented to the Arab investors 22 companies bus services in Denmark's historic port and Commerce in which foreign investors have from the privatization list. Companies university city of Arhus on behalf of tendering recognized Poland as the best place to invest in presented in the United Arab Emirates included authority Midtrafik. This year, its fleet will be Central and Eastern Europe. This week we've among others entities from chemical, financial, enhanced by 22 and seven received also information about new energy and shipyard sector, as well as coal low floor city buses, bringing investments: the company Genpact intends to mines, passenger airlines, financial institutions, the total number of Solaris Urbino buses in Arhus invest in Lublin and Eco-Gwarantor in Ostrowiec health resorts and companies from hotel and to 91. Solaris Bus & Coach is a family-owned and Świętokrzyski in Starachowice SEZ. tourist sector. (Ministry of Treasury) family-run enterprise, situated in Bolechowo, Pleasant reading! near Poznań. The company is one of the leading NEW CONTRACTS FROM producers of different types of vehicles: urban and suburban, low floor and low entry buses, „RENEWABLE ENERGIES: THE SCANDINAVIA FOR POLISH trolleybuses, special vehicles. (source: CHANCE FOR POLISH ENTREPRE- SOLARIS BUSES Solarisbus.pl) NEURS” - PAIiIZ CONFERENCE Polish company Solaris Bus & Coach signed Polish Information and Foreign Investment new contracts for delivery of their buses to Agency invites to the conference „Renewable Scandinavia. In the next few months, in energies: the chance for Polish entrepre- Denmark, Norway and Sweden new Urbino neurs”, which will be held on the 31th of March buses from Solaris will appear. With new from 11.00 am to 1.00 pm, at the Information orders for a total of 126 buses, Solaris Bus & Centre, PAIiIZ seat, Warsaw, 12 Bagatela St. Coach will significantly expand its presence in Scandinavia. In the Romerike region in the north-east of the Norwegian capital Oslo, the bus network will be renewed from 1 July 2009 with the commencement of new service tenders. Part of City bus from Solaris. Source: Solaris. the new face of public transport in Romerike will The major purpose of the conference is to be 58 brand-new Solaris Urbino 12 LE buses. e-TAXES PROGRAMME exchange experiences in the field of renewable UniBuss, owned by the City of Oslo, will operate Ministry of Finance launched this week a energy and to discuss the possibility of support 45 of them. The remaining 13 new Solaris buses program”e-Taxes”. It is a package of operations for the companies manufacturing equipment for for Romerike will be in the hands of Nettbuss, on organizational, legislative and information generating energy from renewable sources. We Norway's largest bus company. level that are intended to provide tax hope that the meeting will allow the The Solaris Urbino 12 LE unites excellent administration modern information manage- development of activities that significantly affect accessibility with high levels of comfort by ment tools. the growth of investments and use of renewable combining a low floor front section with a Under the new system, the Ministry plans to sources of energy in our economy. In the traditional rear that allows all seats to be provide an access to each taxpayer's account in conference will take part: members of PAIiIZ forward-facing. On the vehicles for Romerike, the tax office. Electronic accounts (as those in e- Management Board, representatives of the passengers will benefit from seats with reclining banking system) will allow each person Institute for Fuels and Renewable Energy (IPIEO), backrests and individual overhead spotlights. immediate access to information regarding the representatives of the National Fund for Full air-conditioning also is provided along with state of the fiscal accounts. Environmental Protection and Water Manage- a CCTV monitoring system. The buses for The expected effect of the new system is to ment (NFOŚiGW), Marshal's Office of Romerike will be powered by biodiesel-fuelled increase the efficiency of tax administration Zachodniopomorskie Voivodship, Frost&Sulli- DAF engines meeting the demanding EEV operations by reducing the costs of collecting van, LM Glasfiber, Northern Europe. emissions standard. A further Norwegian order taxes, improving the carrying out of tax affairs Admission is free. Conference in Polish. We calls for eleven Solaris Alpino 8.9 LE midibuses thanks to quick access to information. provide simultaneous translation into English. for Concordia Bus. The buses will be delivered in It is also expected to create a centralized database For more information contact directly Katarzyna August 2009 for services in the Nordhordland of taxpayers which will be available on-line for tax Rosińska, Economic Promotion Department, region centred on the country's second-largest administration. Taxpayers will have their own e-mail: [email protected] city, Bergen.- Thanks to these orders, the number accounts to access the personal tax by Internet of Solaris buses in Norway will double and will and telephone. The program has already been reach the number of 138 vehicles - said Solange positively assessed both by the tax Olszewska, the chairman of the board. administrations, as well as independent experts. In Sweden, Solaris buses will soon become a (Ministry of Finance, Gazeta Prawna) INVESTMENT IN POLAND familiar sight on the streets of the capital GENPACT TO INVEST IN LUBLIN of its operations centre located in Lublin. The centre in Romania and Hungary and will AND EMPLOY 500 PEOPLE largest city in Eastern Poland will be now home strengthen their ability to deliver integrated, pan- An international outsourcing company to Genpact's seventh European operating European solutions to their clients. Genpact's located in India, Genpact, announced the center. Patrick Cogny, CEO of Genpact Europe, decision to launch operations in Lublin was due in opening of its operations centre located in said that they are very excited about their large part to the area's cultural make-up, as well Lublin, which will serve clients in Europe. expansion into Poland and see this as a crucial as its proximity to several major universities. The Genpact, a leader in the globalization of step in the ongoing growth of their European inauguration of the facility was marked by a services and technology, with revenues over delivery capabilities. This new facility is a conference on the “Globalization of Services,” the 1 bln dollars, officially announced the opening welcome addition to Genpact's multilingual first of its kind ever hosted in Lublin. Polish Information and Foreign Investment Agency www.paiz.gov.pl POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND Adam Wasilewski - the Mayor of Lublin, Patrick the Netherlands, two centers in Spain, and sales Cogny CEO of Genpact Europe, Tomasz and marketing office in London. The company's Maciejak - Genpact's newly-appointed Lublin worldwide network of over 35 operations site leader and Prof. Slawomir Nowosad - Vice- centers employs more than 36 000 people in 12 Rector of Catholic University of Lublin, took part countries. (Genpact) in the conference. In Europe, Genpact has also two operating centers in Romania, one in Hungary, as well as in Genpact headquaters in Dehli. Source: Genpact. MACROECONOMIC POLAND IN JANUARY THE FDI IN POLAND PZPM: SALE OF NEW CARS IN the same period of 2008. In the last six months ROSE BY 35% POLAND ON THE RISE sale of the new cars grew by 6,1% y-o-y to reach In January 2009, foreign direct investments in February 2009 saw sale of new cars in Poland 164,4 thousand cars. In January 2009 this index Poland has reached 1,47 bln EUR informed the grow. It grew by 7,3% to reach 30,2 thousand was 4,7%. The sell in the last 12 months was National Bank of Poland (NBP). It is by 35% vehicles. It is a 7,3% better result in comparison 320,3 thousand vehicles. It was by 5,3% (16,06 better result than in January of 2008, when FDI with February 2008 and it shows a growth by thousands) more than in the same period of value in Poland stood at 1,092 bln EUR. (Source: 13,1% compared to January 2009 informs the 2008. (PZPM) Exchange rates (as of 19.03.2009) NBP) Polish Automotive Industry Association. The sale increasing from the beginning of the Buy Sell year was on the same level in comparison with USD 3,5445 3,6161 EUR 4,5306 4,6222 FROM THE REGIONS Source: www.nbp.pl NEW INVESTMENT IN OSTROWIEC area and to include it in the communication FIRST PERMISSION ISUED BY ŚWIĘTOKRZYSKI system of the city. This way, it became possible to LEGNICA SEZ THIS YEAR Eko-Gwarant, company operating in the provide investors with 60 hectares of land and The Legnica SEZ (LSSE) management granted organic industry, will invest in Ostrowiec sub- 40 production facilities. Revitalized area was the first business activity permission this year. zone of the Starachowice Special Economic incorporated as a sub-zone into the CaseTech Polska intends to invest 300 Zone. The enterprise plans to implement an Starachowice Special Economic Zone. thousands euros and create 40 new investment worth over 25 million zlotys. Investors who are implementing in this area workplaces in its factory. The new investor will Polish company Eco-Gwarant, existing since their investments, highly value the advantages operate on leased hall in Legnica sub-zone. 2006, operates in the organic industry. of this location. In recent times, Statoil Poland CaseTech Polska belongs to an international Company recycles vehicles withdrawn from has launched here the production of oil and ADCURAM Group AG, which focuses on the service in Poland in cooperation with over 130 lubricating oil. Currently, the construction of a production of food casings. entrepreneurs leading the dismantling of modern rolling mill is in the process. The owner is a holding company ADCURAM vehicles stations and with 1620 importers of the - Our own investments, full assistance for CaseTech Holding GmbH, based in Munich. new and used cars. The new plant in Ostrowiec investors, support for entrepreneurs and the ADCURAM Group has its factories in Germany, Świętokrzyski will be involved in the processing constant development of our infrastructure United States and other countries. and recycling of waste from demolition of contribute to the fact that investors often decide In the Legnica SEZ the company intends to vehicles. Andrzej Wójcik, COO in the company, to locate the investment in Ostrowiec continue the tradition of Walsroder Darm brand - announced, that they will establish the advanced Swietokrzyski - says Jarosław Wilczyński, Mayor one of the oldest companies in the world lines, which allow to convert mineral waste into of the City. producing cellulose-based casings for the food alternative fuels, and organic waste will be the industry. subject of the accelerated fermentation. The company plans to create a manufacturing The company intends to recruit from 30 to 50 plant producing plastic-based casings for new employees. The implementation of the sausages. Moreover, the company plans to investment is planned for April 2009, and their conduct research exploring the development of completion is scheduled for the end of 2010. new types of plastic products used in production One of the company's division will be located in processes. (Legnica SEZ) the growing industrial area, called „Stary Zakład”. A significant influence on the deve- lopment of this area was the implementation of the project "Revitalizing of the postindustrial area in Ostrowiec Świętokrzyski", financed from the PHARE 2002 funds. The construction and Industrial Zone „Stary Zakład” in Starachowice SEZ. modernization of the roads allowed to open this Source: Ostrowiec Świętokrzyski, Mayor's Office. ANALYSES AND REPORTS POLAND - THE MOST ATTRACTIVE investment location are: qualifications of from, 16th to 27th of February. Representatives of LOCATION FOR NEW INVESTMENT emploees, stable law, productivity, employees, 163 companies operating in Poland participated IN CEE commitment and membership in the European in this pool, including: 73 from the services Entrepreneurs surveyed by the Polish-German Union. According to the report's, decisive sector, 39 - from productive, 18 from Chamber of Industry and Commerce (PGCIC), factors, domestic demand fell by nine seats: construction, 10 - from energetic and 18 from concluded that Poland is the most attractive after a second place in 2007 and the first in the others sectors. (PGCIC) location for investment in the region. 2008, in this year's edition of the survey, it Among the 163 companies with a diverse ranked only on tenth position. business capital which operate in Poland, 82% Contrary to expectations, new factors which are satisfied with their decision regarding the were introduced in his year's survey, such as: location of investment. quality of higher education and professional Poland received in this rank an overall education, also did not rank very high. evaluation of 4.7 points out of 6 possible and Ten percent of companies did not respond to the thus took the first place. Czech Republic and survey's questions, and 8% admitted that they Polish Information and Foreign Investment Agency Slovakia leaders of the last year's report - have are not satisfied with the choice of Poland. In the 00-585 Warsaw, ul. Bagatela 12 list of alternative investment locations for Poland tel. (+48 22) 334 98 15, fax (+48 22) 334 99 90 also improved their results, but with a general e-mail: [email protected] assessment of 4.3% took the second and third were: Germany, Slovakia, Czech Republic, and on the following places: Russia and Turkey. Public Relations Division places. In the opinion of entrepreneurs, the most Economic Promotion Department important factors decisive for the choice of the Cyclical survey conducted by Polish-German Chamber of Industry and Commerce was held Polish Information and Foreign Investment Agency www.paiz.gov.pl