Country Presentation - Poland SICC 2009 Poland and its leadership role in Central / Eastern Europe...
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Transcript of Country Presentation - Poland SICC 2009 Poland and its leadership role in Central / Eastern Europe...
Country Presentation - PolandSICC 2009
Poland and its leadership role in Central / Eastern Europe19th of March, 2009
Aleksander JóźwikJustyna Kowalczyk
Agata RundoTomasz Zacharski
Agenda
AGENDA
1. Basic Data
2. Contemporary issues
Economic Crisis European Football Championships 2012 American Anti-Missile Shield
3. Poland as an attractive Business location
Agenda
AGENDA
1. Basic Data
2. Contemporary issues
Economic Crisis European Football Championships 2012 American Anti-Missile Shield
3. Poland as an attractive Business location
POLAND
Addresing the common misconception…
…about Polar Bears walking on Polish streets.
POLAR
POLAND
Addresing the common misconception…
Average Temperature in Poland is about 20OCAverage Temperature in the North Pole is about -20OC
Poland has a slightly greater population than Canada and is the 6th largest country in the European Union. It’s GDP of ~$550b is comparable to the one of Ontario.
Basic information about Poland
• A very homogenic nation• Population: 38m people• Size: 300.000 km2
• GDP: $550b• Dynamic growth (5,4 %)
BASIC DATASIZE COMPARISON
POLAND AND ONTARIO
Fun facts about Poland
Fun facts about Poland
Fun facts about Poland
Fun facts about Poland
Fun facts about Poland
Fun facts about Poland
Fun facts about Poland
Agenda
AGENDA
1. Basic Data
2. Contemporary issues
Economic Crisis European Football Championships 2012 American Anti-Missile Shield
3. Poland as an attractive Business location
Poland, while experiencing problems with the credit crunch and export breakdown, remains relatively resistant to the effects of the economic crisis
POLAND – ECONOMIC OUTLOOK
• Polish banking system was relatively under-developed at the moment of the credit crunch (banking assets <75% of GDP), which softened the blow during the crisis• Poland has a big internal market and enterprises are used to funding investments through equity rather than debt• Currently Poland struggles to distinguish itself from the crisis-struck CEE in the eyes of the investors• Polish government is determined on tight fiscal policy and providing additional incentives for business
After the crisis Poland may well rise as the best standing economy in Central & Eastern Europe.
Summary of Poland’s Economic Situation
-2,3%
-1,8%
-4,0%
+1,8%
+1,8%
+2,7%+1,7%
+2,0%
Football European Cup 2012 (hosted by Poland and Ukraine) is currently the biggest infrastructure project in CEE, with over 38b EUR to be spent in 2008-2012
• Considered one of the most important sport events in Europe – held for the first time in CEE region
• Generally considered the most ambitious project in Polish post-transition history
• Total value of the project amounts to b38 EUR, in areas such as: roads, hotels, sport facilities, etc.
• At the moment Poland is managing to keep up with deadlines for the majority of its projects (still problems with road and aviation infrastructure)
• Ukraine is currently facing big problems due to economic crisis and political instability talks of shifting the Euro from Ukraine to Germany
Information about the EURO 2012 Football Championships
The most delicate political issue in Poland at the moment is the US anti-missile defence system which will be located in Poland and Czech Republic
• While it was designed to repel the nuclear threats of Iran and North Korea, the system is considered a threat by Russia, which fears it could be used against its strategic nuclear forces – thus threatening the status quo between both countries
• Recently Russian authorities threatened that they will locate more of their strategic missiles in the Kaliningrad region if Poland and USA will continue their anti-missile shield project
• While the agreement regarding the placement of the anti-missile system was signed between USA and Poland last year, there are discussions whether the Obama administration will back off from the deal
The Anti-Missile Shield Project
Agenda
AGENDA
1. Basic Data
2. Contemporary issues
Economic Crisis European Football Championships 2012 American Anti-Missile Shield
3. Poland as an attractive Business location
Poland is still one of the most intended locations of investment projects in Europe.
European Attractiveness Survey
Source: Ernst & Young, „European Attractiveness Survey” 2005
Source: OECD, Employment Outlook 2006
Although Poles are hard-working and determined to succeed...
Annual hours of work across the world
Source: EIU 2006
Labor cost per hour in 2006 (USD) Average monthly gross wage in EUR
Source: Statistical Offices
300
350
400
450
500
550
600
650
700
1999 2000 2001 2002 2003 2004 2005
Poland Czech Rep. Hungary
...wages in Poland are still among the lowest in Europe.
Wage structure in Poland
Labor costs in Poland equal to about one fifth of the Western Europe ones Since 2003 labor costs in Czech Republic are higher than in Poland
≤2 3-4 5-6 7>
Gądki
Bielsko-Biała
Dąbrowa Górnicza
Piaseczno
According to PAIiIZ information there are 35 BPOs located in Poland.
Scope of activities: finance and accounting, HR, logistics, CRM.
Total employment: 6,500 people.
Examples:
NUMBER OF CENTERS
Poland has multiple academic and business centers, which assured balanced development of the country
Business Process Offshoring
There are 40 R&D centers created by foreign investors in Poland. They totaly employ over 4500 people.
The biggest SSC belong to and serves:
Warsaw:
Krakow:
Wrocław:
Wrocław
Szczecin
Bydgoszcz
Gdańsk
Warszawa
Kraków
Poznań
Katowice
Kielce
Bielsko-Biała
Częstochowa
Zielona Góra
Gorzów Wielkopolski
Gliwice
Garwolin
Radzymin
Skawina
Bielawa
NUMBER OF CENTERS
Research & Development Centers
Similarly, R&D centers are spread throughout the country, mainly next to main academic and scientific sites
Source: Central Statistical Office, AG „Test” 2004
Metallurgy & Metal
• Average gross wage rate: 570 EUR (average wage for engineers - 820 EUR).
• Employment: 176 700 persons.
• Number of foreign companies: 50
Automotive
•Average gross wage rate: 500 EUR (average wage for engineers – 710-830 EUR).
• Employment: 120 000 persons.
• Number of foreign companies: 300 (Tier 1 + Tier 2).
Machinery & Equipment
•Average gross wage rate: 520 EUR (average wage for engineers - 820 EUR).
• Employment: 138 600 persons.
• Number of foreign companies: 36.
Electrical Machinery & Apparatus
• Average gross wage rate: 510 EUR (average wage for engineers - 820 EUR).
• Employment: 73 000 persons.
• Number of foreign companies: 39
Key sectors and locations in Poland
Even spread of business centers across Poland allowed for the entry of various industry giants
GE started operation in Poland in 1992 and have invested since then $400 mln assuring jobs to 6000 emlpoyees
Attractiveness Criteria General Electric ShowcaseBig domestic market GE Money Bank Talent pool Variety of operations: banking,
production, R&DPricing 3 factories GE Power ControlMobility of workforce Warsaw, Gdansk, Wroclaw, Lodz,
Bielsko-BialaEngineering competencies
Engineering Design Centre (Warsaw), Project Centre GE Security (Gdansk)
General Electric case
THANK YOU!