| Poland will be the second most attractive (after Germany) European country for foreign investments within the next three years, according to a survey among 840 investors carried out by advisory Ernst & Young. Germany received 35% of votes in this poll, followed by Poland with 10% of votes (Britain received 8% of votes, Russia - 7%, France - 4%, the Czech Republic and Romania - 3% each). In the eyes of investors, Poland's strengths include: large and absorptive market, highly qualified workforce, stable macroeconomic fundamentals at a time of crisis, low level of public debt compared to Western European countries, stable legal system, a country seen as welcoming both production-oriented projects and BPO centers. According to the survey, in the entire Europe, inward investment projects increased by 4% y/y in 2011 and totaled significantly more than pre-crisis levels. At the same time, FDI job creation surged 15% and the share of Europe's global FDI inflows increased from 26.9% to 28.2%. |
Related Articles
EC refers Poland to court for delay on renewable energy rules.
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more