Poland’s economy is one of the fastest growing not only in Emerging Europe but the European Union. With a strong domestic market, low private debt, flexible currency and no dependence on a single export, it’s the only European country to have avoided recession and is predicted to join the G-20 group of largest economies in the world by 2022.

Now a part of the Schengen area and EU single market, Poland has undergone extensive privatisation of state-owned companies since liberation from Soviet occupation. That, along with deregulation, has developed the private sector significantly. There are currently 14 SEZ locations across Poland’s voivodeships, with the government offering aid and exemptions to new enterprise in those areas.

Poland is recipient of the largest proportion of EU Cohesion Policy funding for 2014 to 2020, €82.3 billion, over 20 per cent more than for the previous round, with public investment focussing on its strengths in BPO/SSC, IT/ICT, along with significant investment in R&D in these sectors. Plans for the modernisation and upgrading of the road and railway network is central to Poland’s continued growth, while the government has introduced a number of measures for sourcing energy, including nuclear.

With highly skilled human resources, a number of vibrant regional clusters and a large domestic market with over a third of the Region’s population, Poland creates a strategic economic mix of domestic potential and export horizons. These assets strengthen Poland’s capacity to attract FDI, and ranking the country 14th on the list of top prospective host economies, according the UN’s World Investment Report for 2013 to 2015.

Click on one of the 16 regions to find out what business opportunities they offer or read a more detailed article about Polish economy.

Popular University