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Doing Business in Poland

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Doing Business in Poland
Outline of the Lecture
1.

Doing Business in Poland (Socio-Cultural Aspects)
Krzysztof Wach, PhD
Cracow University of Economics Faculty of Economics and International Relations Department of Entrepreneurship and Innovation

2. 3. 4. 5.

investment climate cultural dimensions Poland and classifications of cultures historical influence useful tips appendix 1: business legal forms appendix 2: starting up procedures
© Dr Krzysztof Wach - Kraków 2010 2

Poland - Economic facts
Part 1

Investment Climate in Poland

Area: Population: Currency:

312 000 sq km – 6th in the EU (68th) 38.12 million – 6th in the EU (34th)

Polish Zloty, PLN (EUR 1 ~ PLN 3.90, USD 1 ~ PLN 2.85) ca. 18 000 USD 6.7% (2007) 5.0% (2008) 1.7% (2009) 2.6% (2010 - EC forecast, Feb 2010)

GDP per capita: GDP growth:

Largest Cities of Poland:
Warszawa (Warsaw) 1.7 mln inhabitants Kraków (Cracow) 0.75 mln inhabitants Łódź 0.74 mln inhabitants Wrocław (Breslau) 0.63 mln inhabitants

Strategic location between West and East
1000 km radius 250 mn people

• located in the heart of continental Europe

2000 km radius 550 mn people

Poznań (Posen) 0.55 mln inhabitants Gdańsk (Danzig) 0.45 mln inhabitants
© Dr Krzysztof Wach - Kraków 2010 5

• the part of the single market of 500 million • the springboard to the East • population of 250 million within a 1000 km radius • competitive cost base offers significant location benefits

1

Polish Membership in International Organizations

Stable Political Environment and Fast Economic Growth

Since EU accession unemployment declined from over 20% to less than 10% over 20%

GDP (bn USD)
Poland joins the EU Entry into the NATO OECD WTO Beginning of transformation

Schengen

20

500 400 300 200 100 0

07/2008 9,3%
10

Employment rate grew since 2004 by over 5% up to 56,4%
0 2002
20 04 20 05 20 06 20 07 * 20 08 *

2003

2004

2005

2006

2007

2008

19 89 19 90

19 91 19 92 19 93

19 94 19 95

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