POLSKA POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND NEWSLETTER July 30th 2009, number 133

NEWS FROM THE EDITOR participation of regional entrepreneurs, are Alexandra Rudyšarova - Acting CEO, Dear Readers, representatives of local authorities and local CzechInvest, György Rétfalvi Managing Director, the This week UNCTAD published its survey which organizations and the expected long-term results, Hungarian Investment and Trade Development provides data confirming that Poland not only has may have a special impact on the development Agency, Ludwik Sobolewski President, Stock successfully been resisting the current economic processes. In order to determine the best activity Exchange and Volodymir Lanovyi former Ukraine's crisis but shows also that the country classifies directions and evaluation of the Programme, Deputy Prime Minister. The discussion will aim to among the top 15 most FDI friendly countries in the specific analyses and marketing research will be present investment climate in the region of Central world. In the News section we inform about an carried out. All the activities will be conducted in and Eastern Europe and the region's potential in the agreement which was signed by the Polish accordance with a cohesive visual identification field of the so called new wave sectors. The panel will Information and Foreign Investment Agency and system which is to be designed in the first stage of also attempt to compare investment attractiveness of the Polish Agency for Enterprise Development the realization process. The Polish Agency for the region with the emerging markets in Asia (India, (PARP) and concerns the economic promotion of Enterprise Development (PARP) is an Intermediate China). For more information visit www.forum- Eastern Poland. We write also about new Body of OP DEP. The project will be realized by the ekonomiczne.pl. Preliminary panel schedule is investment projects which are to be realized in Polish Information and Foreign Investment Agency available at www.paiz.gov.pl (PAIiIZ) special economic zones, the Acer's declaration to in a close co-operation with the regions. create a logistic-service centre in Wroc³aw and Contractors of specific parts of the project will be POLAND STILL ATTRACTIVE modernization plans for Polish railway stations. selected pursuant to the procedures determined in TO INVESTORS Pleasant reading! the Public Procurement Act. (PAIiIZ) The current crisis verified economic attractiveness of investment destinations worldwide. According AGREEMENT ON PROMOTION INVESTMENT PANEL ON THE XIX to a survey conducted by UNCTAD, Poland not only OF EASTERN POLAND KRYNICA ECONOMIC FORUM is among the countries which do not suffer effects On July 29th, 2009 an agreement concerning the The XIX Krynica Economic Forum will be held of the global economic downturn but classifies as promotion of Eastern Poland was signed by the from September 9th to 12th, 2009 in Krynica- one of the top 15 most FDI friendly countries in Polish Information and Foreign Investment Zdrój. the world. nd Agency and the Polish Agency for Enterprise During this year's edition of Poland’s most On July 22 , 2009 the UNCTAD published its yearly Development (PARP). Promotion activities will be important event gathering politicians, survey “World Investment Prospects Survey 2009- realized in the frame of the Operational businessmen, scientists and journalists from 2011”. This year's results confirm Poland's position Programme Development of Eastern Poland. European countries, an investment panel among the most FDI friendly countries in the world. In Last year the Minister of Regional Development concerning FDI acquisition will be organized. fact, the country is the only CEE representative in the entrusted the Polish Information and Foreign group of the top 15 countries attractive for FDI by Investment Agency with the performance of the factors favoring investment. From among countries measure 1.4 of the OP Development of Eastern in the west of Europe it was Germany, France and the Poland. That is why PAIiIZ could now sign UK that managed to enter the group. Investment a financing agreement to the tune of 86 mln PLN. attractiveness of the countries was evaluated in 13 The Operational Programme Development of categories. In several of them Poland performed well Eastern Poland (OP DEP) covers the five most above the world average. The country was highly disadvantaged regions in the EU (before the assessed in respect of the size of local market and the accession of Bulgaria and Rumania). This growth of market. In that categories the surveyed programme is an additional element of support appreciated also the BRIC countries, Indonesia, which should hasten the pace of social and The aim of the Forum is to create a friendly Germany, Vietnam and Thailand. Moreover, the economic development and thus eliminate atmosphere and favourable conditions for co- surveyed highly appreciated the Polish investment disproportions between the Eastern part and the operation development in the region of Central incentive system and the fact that Poland offers an rest of the country. The PAIiIZ Programme - and Eastern Europe. “European Solidarity 20 years easy access to international markets. From among Economic Promotion of Eastern Poland envisages after revolution” is this year's motto. The Polish the new EU member states only Poland and the providing support to the five regions through a wide Information and Foreign Investment Agency under Czech Republic managed to appear among the top range of activities e.g. organization of international the patronage of the Foundation Institute for 30 most attractive investment destinations, with th advertisement campaigns including TV spots and Eastern Studies organizes a discussion panel Poland in high 11 position. The yearly UNCTAD press adverts, management of visits to international “Investment acquisition in the time of crisis CEE's survey was conducted in the first half of the year and fairs and exhibitions, co-ordination of trade competitiveness” which is to take place on the covered 241 transnational corporations. (UNCTAD/ missions, study tours for foreign journalists, press second day of the Forum. Among the panellists PAIiIZ) conferences and economic debates with the invited by PAIiIZ to take part in the discussion there INVESTMENT IN POLAND ACER INVESTS 3 MLN EUR IN that results to be the best place for the investment. rented space in newly constructed industrial space in A LOGISTIC-SERVICE CENTRE - We chose the region for several reasons. First of all, Wroc³aw. Acer offers a broad range of PC products because of well-developed infrastructure, high and spare parts. The company has been hiring 5000 IN WROC£AW. standards of technology universities located in the employers all over the world. (Dolny Œl¹sk The overall cost of the Acer project in Wroc³aw is region and the well-educated, competent Marshal's Office) estimated to account for 3 mln EUR. The company personnel. We also enjoyed a strong support on the will open a modern logistic-service centre which part of local business circles - said Mario Fazio on a will deal with Acer products distribution in press conference. Mr £apiñski emphasized that the Europe, the Middle East and Africa. The project contributes significantly to the construction investment will generate over 300 jobs and is of a knowledge-based economy and helps expected to be realized in the upcoming months. implement new technologies in the region. - It is the Investor representatives, including the Acer Group innovativeness of the project that besides the new customer service director Mario Fazio, visited Dolny workplaces which will be generated, constitutes its Œl¹sk and met with Marek £apiñski, Marshal of strongest point - said Mr £apiñski. The centre is Dolny Œl¹sk. Mario Fazio admitted that the planed to be completed by November 2009. In the company was considering the Czech Republic and second quarter of 2010 Acer will also launch light Acer representatives talk to the region's Hungary as possible destinations for the project. production i.e. mainly notebook assembly. In order authorities. Source: UMWD Despite that it was the Polish region of Dolny Œl¹sk to start the investment Acer will use 20,000 sq m of Polish Information and Foreign Investment Agency www.paiz.gov.pl POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND FROM THE REGIONS 27 MLN EUR FOR FIVE REGIONS and a production plant situated in Ksawerów finance and realize the investment, worth 240 IN THE EAST OF POLAND within the £odŸ Special Economic Zone. mln EUR. The Polish Agency for Enterprise Development The company plans to extend the already existing PKP President Andrzej Wach told the Polish Press (PARP) informed that 27 mln PLN will be allocated plant and construct new production space, a Agency that this is the first train station to five Polish regions situated in the eastern part warehouse, office blocks and a quality control modernization project on such a scale to be realized of the country. The money comes from the laboratory. Adamed has been hiring 125 people in Poland. Among other cities which plan to Operational Programme Development of Eastern and declared to create 10 new workplaces. introduce similar initiatives there is Kraków, Poland (OP DEP). Investment outlays are planned to account for 35.5 Wroc³aw, Gdynia, Poznañ and Warszawa. The Till the end of June PARP was accepting applications mln PLN. The company has already been granted a agreement was signed in the presence of the for additional financing in the frame of DEP. business activity permission to operate in the zone. Minister of Infrastructure Cezary Grabarczyk. The Subsidies were granted to 24 entities operating in The project has much to do with the company's Minister said that modernization of stations five of the regions covered by the Programme i.e. foreign expansion and plans to introduce new constitutes one of the major elements in railway Œwiêtokrzyskie, Podkarpacie, Lubelskie, Podlaskie and medicines on the market. Moreover, Adamed system modernization schedule. Recently it became Warmiñsko-Mazurskie. PARP informed that the contest signals it would be interested in the privatization of possible to co-finance projects of the kind also from covered three different categories focusing on the Polfa, one of the largest pharmaceutical the national budget. Despite that the development of investor assistance centres, clusters manufacturers in Poland. Adamed has been investment will be realized from private funds. - This and regional policies. Among those entitled to producing, among other things, cardiology, is the first project on such a scale in the Polish apply for the grants there were local government pulmonary and gynaecological drugs. The railways and I am sure other stations will follow suit. associations, cluster co-ordinators and the already company has also developed 20 patents on their We want to use a similar formula to overhaul the existing investor assistance centres. The subsidies own drug formulas. In the last five years the Warszawa Zachodnia railway station - says the can be allocated, among other things, to support company allocated over 150 mln PLN to R&D Minister and adds that also the construction of a new regional policy in the form of research and social- projects. (£ódŸ SEZ, Gazeta Prawna) Dworzec Centralny in Warsaw should be realized in economic analyses concerning tourist and culture co-operation with private partners. The project of potential of the regions in the East of Poland as well NEW SERVICE CENTRE IN THE the new Katowice-based station was presented as to development of Internet websites devoted to during the agreement signing ceremony. The most KRAKÓW SEZ valuable and oldest elements from the beginning of the introduction of EU policy cohesion in Eastern On July 28th, 2009 the management of the Poland. Data provided by the Polish Agency for the 1970s will be preserved and incorporated in the Kraków Technology Park granted a business new construction. The project assumes construction Enterprise Development (PARP) shows that projects activity permission to UBS Service Centre devoted to cluster development (16 applications) of a multi storey commercial centre and an office (Poland). The company was created as a shared- block in front of the station concourse. All the and connected to regional policy creation (6 service centre for entities forming part of the UBS applications) were among the most popular. Results constructions will be glassed over, with modern AG Group and has been providing services in infrastructure and green areas in the vicinity. Bus of the contest will be published in September. If the data processing, accountancy, bookkeeping and accepted applications do not use all the available station and the today's will be IT. moved underground. The Katowice-based station funds, there is a possibility to organize an additional UBS declared to create over 250 workplaces and to application round at the end of the year. The classifies among the biggest stations in the country invest over 1.5 mln PLN. The investment will be (round 400 trains every day). The station sells round Operational Programme Development of Eastern realized in Zabierzów sub zone on a lot which was Poland for the years 2007-2013 has been realized 3 mln tickets annually and provides services to round included in the zone on the strength of the 9 mln people. (PAP) with the use of funds from the European Regional regulation of the Council of Ministers from April Development Fund and from the national budget of 14th, 2009. It is worth emphasizing that although Poland. The Objective of Operational Programme the sub zone measures slightly above 7ha, it will Development of Eastern Poland is: ”Hastening the host businesses which may jointly generate more pace of social and economic development in than 2250 jobs for qualified employees in the field Eastern Poland pursuant to the sustainable of finance and IT sector. (KPT) development principle”. (PAP)

A NEW RAILWAY STATION PHARMACEUTICS INVESTMENT IN KATOWICE IN £ÓD By mid 2012 the city of Katowice will have a new Adamed - a Polish pharmaceutics company plans railway station. Polish State Railways concluded Project of the new train station in Katowice. Source: Katowice City Council to invest 35 mln PLN and extend a warehouse an agreement with a Spanish Neinver, which is to MACROECONOMIC POLAND

nd Unemployment rates and sales figures Polish GDP for the 2 Q 2009. Poland Exchange rates (as of 30.07.2009) better-than-expected seems to resist the crisis Buy Sell In June the unemployment rate in Poland fell to According to preliminary forecasts published by the 2,9382 10.7% from 10.8% recorded in May - informed the Central Statistical Office, Poland's economic growth USD 2,9976 Central Statistical Office. At the same time the in the 2nd Q of 2009 will not be substantially EUR 4,1410 4,2246 Office published data on retail sales which rose by different from what was recorded in the 1st Q of the Source: www.nbp.pl 0.9% y-o-y and by 2.2% in comparison to May this year. The President of the Office, Ms Halina year. (Reuters Polska) Dmochowska emphasized that these are only preliminary estimates. Polish GDP in the 1st Q 2009 accounted for 0.8%. (IAR) DID YOU KNOW THAT...

SIX POLISH UNIVERSITIES TO CREATE the Warsaw University of Technology, the the already done research. Participants will also A QUANTUM LABORATORY Universities from Warsaw, Kraków, Toruñ, Gdañsk create an Internet website to streamline information Scientists from six Polish universities dealing with and £ódŸ together with the Institute of Physics at the exchange. (Gazeta Wyborcza) quantum technologies set up a consortium. Polish Academy of Sciences. The University of Thanks to the initiative the scientists obtained 50 Warsaw acts as the project's co-ordinator and on mln PLN in EU subsidies and will now be able to behalf of the consortium filed an application for buy new equipment. additional financing from the OP Innovative Quantum technologies rise big hopes. The Economy. Due to the fact that the project was highly technologies may exert significant influence on the evaluated the received financing accounts for 47.5 development of numerous disciplines e.g. mln PLN. New equipment will be distributed among the already existing 15 laboratories. Moreover, 4 meteorology, navigation, materials engineering, Polish Information and Foreign Investment Agency health care or environment protection. Universities new laboratories will be constructed. Some of the 00-585 Warsaw, ul. Bagatela 12 all over the world have been conducting research in machines will be available for use this year and the tel. (+48 22) 334 98 15, fax (+48 22) 334 99 90 the field. Research in the field has been done also in rest in 2010. The most important aspect of the e-mail: [email protected] Poland. Now the National Quantum Technologies initiative consists in that scientists will now be able to Public Relations Division Laboratory was established by six universities i.e. more effectively co-operate and avoid repeating Economic Promotion Department Polish Information and Foreign Investment Agency www.paiz.gov.pl