For many years now, Poland has ranked high among Central and Eastern European countries with regard to its investment attractiveness. Poland’s primary advantages, which always appeal to foreign investors, include stable economic development, strong internal demand, nearness to major European markets, access to qualified employees, and the always increasing quality of infrastructure.
Poland is an extraordinary destination for investment and business development, as ascertained by a huge number of studies internal and external. The latest Global Best to Invest ranking (2019) specifies that Poland is in fifth place, after China, Germany, Great Britain, and India. The Financial Times report shows comparable results, stating that Poland also ranks fifth in terms of the value of new investments.
Why investors choose Poland
Poland has the perfect investment location in Europe
Poland is situated in the heart of Europe and that makes it the ideal investment location for companies wanting to export products both in eastern and western directions. On one hand, businesses located in Poland can profit from a robust economic relationship with Eurozone, having free trade entry to the EU market and standardized regulations. On the other hand, the Polish economy is strong and immune to any economic crisis thanks to having its own currency, the Polish zloty.
Economic stability and a healthy economy
Poland is an ideal choice for your investment with respect to its sound state of public finance and the chance for long-term investment planning, thanks to the country’s economic strength and predictability. Poland was the only country in Europe to avoid the financial crisis, and in terms of the debt-to-GDP ratio, Poland’s public finances persist in a much better state than the EU’s average.
Poland is safe and stable
Confidence is one the of most important elements that investors are looking for when considering which country to invest in. Poland is safe and stable, militarily and economically. Poland joined NATO(North Atlantic Treaty Organization) in 1999 and it is an effective member of the union cooperating closely with the US and other members. In 2004 Poland joined the EU (European Union). Its membership in NATO and the EU gives Poland extra strength and confidence.
Furthermore, the Polish financial system is safe and stable as the Polish economy has been growing steadily for the last 30 years.
Highly qualified and hard-working people
Perhaps the strongest asset of Poland is its population. There are a lot of highly qualified and dedicated people in many walks of life in Poland, from professors, doctors, engineers, scientists, top-class IT specialists, and technicians to simple workers.
Innovation support
Poland is a wonderful place for innovational entrepreneurs, considering the large range of acceleration, scale-up programs for start-ups, grants, and so on. Extraordinary attention is devoted to start-ups located in the eastern part of the country, where programs are more useful as this part of the country is less developed than in western regions. Besides, Poland is interested in the internationalization of SMEs, where micro, small, or medium-sized enterprises operating in eastern Poland may attain support for placing their products or services in new markets. The funding covers services to evaluate a company’s export opportunities, select target markets, and develop a business model of internationalization. Activities leading to the enactment of this model are also subsidized under this program.
Expertise across a variety of sectors
Poland offers a diverse range of enterprises in the manufacturing, service, and agricultural areas. Finding a partner in areas such as automotive, aviation, IT, food processing or finance won’t be an issue. Furthermore, the flexibility of Polish entrepreneurs and their willingness to meet even the most difficult quality and industry standards prove another crucial advantage.
Ever-increasing quality of business infrastructure
Many important private equity investors are operating in the Polish market, with virtually all renowned consulting and legislation offices having established their presence. The pioneering Polish banks successfully stick to the best global standards and in some sectors, such as electronic banking, they have even become market leaders. Within three decades of its existence, the Polish capital market has accomplished a very high professional level and built the full infrastructure for the effective execution of important and challenging M&A projects.
Huge internal market
Poland is one of the biggest member states of the EU. It is also the 6th most populous country in the EU and the biggest market in the Central and Eastern Europe region. The Polish market is considerably more competitive than other regional markets. Located in the very heart of Europe, entrepreneurs can set up businesses and not only sell goods in Poland but also attain comprehensive export opportunities.
Ready to dive in and invest in this innovative country with an immense capacity for your business growth? – Please contact your Damalion expert now. We will help to register your Polish company with business bank account.