POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND POLSKA POLAND NEWSLETTER July 23rd 2009, number 132

NEWS FROM THE EDITOR and another 20% want to hire new workers. The plans. Another positive information consists in that Dear Readers, worldwide economic crisis has not been almost three quarter of the surveyed (73%) have no This week saw a new IT Service Centre opened in influencing employment strategies of Polish intention to lay off temporary workers. The data Łódź by Fujitsu Siemens. You will find an account of employers. 26% of the surveyed declare not to clearly shows that stable mood prevails among the event in the News section. Moreover, we inform feel the slowdown at all, what testifies to positive entrepreneurs who not only do not want to limit their about several new foreign investments acquired by economic mood. business activity but are still interested in pursuing the Polish Special Economic Zones in Łódź and In the third edition of the report, Randstadt development plans. Also as many as 91% of Kostrzyn. We write also about the data provided by a conducted its survey among 300 companies. employers do not plan to reduce salaries. In the Randstadt survey which shows that Polish companies 61% of the surveyed companies active in Poland commentary to the survey, experts from Randstadt have been successfully performing in the recent have not been planning any changes in employment observe that the surveyed evaluate economic months and do not tend to feel the world economic level and another 20% want to hire new workers. development prospects as definitely better than in slowdown. A comparison of the latest survey with results of other February 2009. From 9% to 20% rose the You will also find some data on industrial production polls conducted in September 2008 and February percentage of companies expecting the Polish in June and a report on Polish SEZs prepared by the and May this year shows that the number of economy to grow and by 50% (from 32% to 18%) fell Ministry of Economy. companies negatively or neutrally assessing the the percentage of those who anticipate recession. Pleasant reading! current economic situation in Poland decreased. In For the first time Randstadt asked the surveyed how comparison with the poll from February this year, all long in their opinion my we be experiencing indices included in the survey improved. The slowdown in Poland. Answers show that companies RANDSTADT: 26% OF COMPANIES number of companies declaring to increase in Poland tend to perceive future in rather bright IN POLAND THINK THERE IS NO employment rose by 4% and those which want to colours. While 26% think there is no crisis in the CRISIS IN POLAND maintain the current level of employment did not country, the majority of the rest expects the The latest survey by Randstadt Research Institute change. In turn, the amount of firms declaring to cut slowdown to terminate in the course of the next 12 shows that 61% of companies in Poland have not jobs fell by 3% and by further 3% decreased the months (45% of the surveyed).(Randstadt) been planning any changes in employment level number of businesses hesitant about employment

INVESTMENT IN POLAND

NEW FUJITSU SERVICE CENTRE the kind was realized in Łódź by Philips which greatest focus is placed on the knowledge of foreign IN ŁÓDŹ created a finance-accountancy centre. Now in Łódź languages , mainly German, Czech, Danish and on st Fujitsu Services opens its second, after Portugal, expert computer and Internet skills. On July 21 , 2009 an official opening of the new service centre in Europe. Today consultants from the centre are able to help Fujitsu IT Service Centre took place in Łódź. The - Clients will now be able to call our phone centre if solve technical problems connected with computer ceremony was attended by Sławomir Majman - they encounter any problems with their software - applications, equipment and software. (Łódź City President of the Polish Information and Foreign explains Honorata Broniarz from Fujitsu Services. - Council, PAP) Investment Agency and Fujitsu representatives Our clients recruit from the sectors of finance and from Germany, the UK and Portugal where similar insurance but we work also with press agencies, ICT POLAND DEVELOPS ITS centres have already been operating. The project airlines and stores. results to be the biggest foreign investment in The official opening of the Fujitsu Services new PROJECT IN KOSTRZYN UPON Łódź so far this year. facility was attended by: Paul Tasker - Deputy ODER President of Fujitsu responsible for business line ICT Poland develops its investment in Kostrzyn- Global Services Delivery, Benno Zollner - Deputy Słubice Special Economic Zone. The company President of Fujitsu Technology Solutions GmbH, began constructing a logistic centre in Kostrzyn David Dean Head of the Fujitsu Services Centre in upon Oder. Łódź, Sławomir Majman - President of the Polish Information and Foreign Investment Agency, Włodzimierz Tomaszewski - Deputy President of the city of Łódź and Marek Cieślak - President of the Łódź Special Economic Zone. Efforts to attract the investment to Łódź, supported by The official foundation stone laying ceremony was PAIiIZ and the Łódź SEZ, started in October 2007. attended by members of the ICT Poland Dave Deane Head of the Łódź-based Fujitsu facility management board and representatives of the said the city is a perfect destination for such projects. region of Lubuskie. The city not only offers attractive terms for pursuing The ICT Poland production complex in Kostrzyn is business activity but gives Fujitsu the possibility to one of the most modern hygienic tissue paper Photo: Paul Tasker, Marek Cieślak, Sławomir provide its services on a parallel basis with the production and processing plants. The factory is fully Majman, Dave Deane, Włodzimierz Tomaszewski, Benno Zollner, Teresa Białecka-Krawczyk activities conducted in Lisbon. automated, computer-managed and has been Source:Fujitsu Siemens. - Fujitsu's decision makes us happy and gives us hope using the world biggest paper machine which may that other companies from the sector will be more process 5.4 m wide paper straps. eager to invest in Łódź. Our city becomes a valley of The company emphasizes that the location in The company has been present in Łódź since the business because we offer highly-qualified human Kostrzyn-Słubice SEZ enables them to sell their beginning of 2009 and has currently been hiring 60 resources i.e. a thing which does predispose the city products both in Poland and also in Germany. persons. In the course of the next three years Fujitsu to host businesses providing high-quality services - There are 64 companies which have currently been plans to acquire 450 new employees with good said President Tomaszewski. operating in the K-S SEZ. Further permits have been knowledge of foreign languages. Fujitsu has already started recruiting employees for prepared. The Zone was set up in 1997 and has now The investing company is one of the biggest players the centre which will provide services to clients from three sub zones located in Lubuskie, Zachodnie in the computer sector in the world. The Łódź-based the Central and Eastern Europe and from Pomorze and Wielkopolska. (Gazeta Lubuska, K-S division of Fujitsu Services will deal with client Scandinavia. Round 520 people is bound to find job SEZ) technical support. The investment, realized in one of in the centre. The company plans to introduce the city's priority fields i.e. Business Process shiftwork in order to be able to provide twenty-four- Offshoring, fits perfectly in the Łódź cluster hour service. During the recruitment process the development strategy. The first investment project of

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FROM THE REGIONS NEW INVESTOR IN THE ŁÓDŹ 101ST INVESTOR IN THE WARMIA- SPECIAL ECONOMIC ZONE MAZURY SEZ HALF A BILLION EUR FOR POLISH Logistics Services, a company with Polish capital, Panto Poland Engineering, a Polish-Italian REGIONAL AIRPORTS will construct a modern logistic centre in Słupca company, was granted a business activity The European Commission has backed a plan (Wielkopolska). The modern facility will comprise permission to operate in the Warmia-Mazury SEZ. concerning the development of ten Polish of a warehouse complex, office and engineering It is the 101st permission issued by the SEZ. Now regional airports. space and a transport base. the company will start producing construction The financial resources were allocated both to the The company will focus on logistic operations prefabricated units in the Szczytno sub zone of the already existing regional airports situated in the including: storage logistics, transport services (the Łódź SEZ. vicinity of Poznań, Rzeszów, Kraków, Łódź, company will make use of its own lorries and trucks), On July 15th, 2009 in Szczytno the President of the Bydgoszcz and to airports which are planned to be domestic and abroad car, ship and plane dispatch Warmia-Mazury SEZ Wojciech Goljat officially build in the future in Lublin, Modlin, Olsztyn- services. handed in the permission. Grzegorz Kubicki Szymbory, Zegrze Pomorskie and in the region of The company declared to invest 67.7 mln PLN and President of Cetco Poland, the first company which Podlasie. While all the small airports are eligible to to generate at least 226 new workplaces. invested in the SEZ 10 year ago and has still been 100% reimbursement of construction costs, Logistics Services is the 12th company which opted to preset in the Zone, also attended the ceremony. medium-sized ports like the one in Poznań or realize its project in the Łódź Special Economic Zone Beside other presidents of companies operating in Kraków may receive the maximum reimbursement this year. The companies will jointly invest round 400 Szczytno and Mrągowo among the guests there of 76% of the total investment outlays. mln PLN and are bound to create near 1000 jobs. were also: Agata Górska - Szczytno's mayor and The financial aid i.e. 192 bln EUR comes from the The Łódź Special Economic Zone was established Agata Popielarz-Dzielińska - representative of the European Regional Development Fund (ERDF). The in 1997. At the moment its area measures 1162ha. Szczytno county. The Szczytno sub zone covers an programme envisages, among other things, The Zone consists of 41 sub zones situated in three area of 42.4ha out of which 14.5ha are ready to be construction of new terminals and modernization of different regions i.e. the region of Łódź, developed by investors. There have been currently landing strips. The funds will be distributed in the Wielkopolska and Mazowsze. To date 146 10 companies operating in the zone which have form of subsidies, land/equipment transfers and companies were granted business activity been employing over 500 people. Two more capital. The European Commission recognized the permissions. The joint value of investment outlays companies possess valid business permits. The financial aid granted to the airports as compliant incurred in the zone accounts for round 8 bln PLN amount of outlays invested by all the companies in with the provisions which determine the common EU and the declared number of new jobs reaches the sub zone Szczytno exceeded 90 mln PLN i.e. market. (PAP) almost 20,000. (Łódź SEZ) twice the amount of the sums which were initially declared by the investors. (WM SEZ) ANALYSES AND REPORTS

MINISTRY OF ECONOMY: grounds included in SEZs, is developed. As for public accounted for 12.43 thousand ha what, when taken DEVELOPMENT OF POLISH SEZ areas the percentage of developed grounds nears into account the 20 thousand ha limit determined in The total area of Polish special economic zones as 60%. New jobs generated on private grounds the amendment from May 30th, 2009, translates of the end of 2008 accounted for 11.8 thousand constitute 25% (i.e. 38.4 thousand ) of all the new into over 7.5 thousand ha which are available for ha. The number of persons hired in companies workplaces generated in the zones. Moreover, further investment development. According to the operating in the SEZs exceeded 200 thousand. thanks to the inclusion of private grounds with the Ministry of Economy, there is no need to exclude lots The report on Polish SEZ - prepared by the Ministry already existing there companies, 54 thousand jobs which are generally not fund to be attractive, of Economy was accepted by the Council of could be maintained. especially that in some places communes have Ministers on July 14th, 2009. The report claims that there still are 3.8 thousand ha already incurred some expenses to develop The report presents the current state of grounds' available for development. There is a number of infrastructure in the lots. Another audit is expected development on the areas included in the SEZs as of attractive and well-situated investment lots with fully when the overall area of the zones will near December 31st, 2008. developed infrastructure which at the same time 19thousand ha. (Ministry of Economy) Areas included in the zones are divided into private may in some places encounter difficulties for smooth and public. According to the report 88% of private development. grounds, which constituted round 25% of the As of the end of May 2009 the joint area of the zones

MACROECONOMIC POLAND

Industrial production in June y-o-y. Their prognoses varied considerably from Industrial production output in Poland in June rose 11.2% to 2. 2%, with the average hovering at 6.89%. Exchange rates (as of 23.07.2009) by 4.3% y-o-y and by 6.2% against data from May According to analysts from the Ministry of Economy, this year - informs the Central Statistical Office. falls in sold production output have recently been Buy Sell In the same period construction-assembly output smaller. The tendency is expected to further slow USD 2,9758 grew by 0.6% y-o-y and by 16.2% in comparison to down in the third quarter of the year. Moreover, 3,0360 the previous month. In May the output rose by 0.3% Ministry's experts do not rule out a slight increase in EUR 4,2223 4,3077 y-o-y. sales in the industry sector in the last quarter of Source: www.nbp.pl Ten economists, included in the survey conducted by 2009. (ISB, Ministry of Economy) ISB, forecast industrial production would fall by 6.9%

DID YOU KNOW THAT...

POLISH SOFTWARE TO BE USED Orbiter (MRO). Then the software creates a visualization and conducts a number of accurate BY NASA calculations. The so called Inca City situated on the Thanks to the new software with a working name southern Mars hemisphere will be the first object RODM (Rover and Orbiter Delta Mars), scientists which is to be analyzed by the Polish software. will now be able to analyze even very small areas Thanks to mathematical analysis it is possible to on Mars. The author of the application, Jan verify different hypotheses concerning the past of a Polish Information and Foreign Investment Agency Kotlarz, works for the Polish division of Mars given object. It will be possible to corroborate if a 00-585 Warsaw, ul. Bagatela 12 Society and the University of Warsaw. given ground was shaped by water. The software will tel. (+48 22) 334 98 15, fax (+48 22) 334 99 90 In several week's time NASA will introduce the finally form part of the Bern's University computer e-mail: [email protected] RODM software to conduct analyses of Mars. RODM network and will primarily be used by scientist does quick and accurate calculations what will allow working at the Institute of Palaeontology and people Public Relations Division the scientists to investigate even very small objects. from ESA and NASA. (wnp.pl) Economic Promotion Department First, the University in Bern receives photos taken by the American space-probe Mars Reconnaisance

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