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New Opportunities in East European Home Textile Markets. J oanna Choromańska Promedia www.promedia.biz.pl. Is Pol a n d an interes ting Mark e t for the Exporte rs from India ?. Where were we? Where are we?. UE UE 01-05-2004. Poland.
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New Opportunities in East European Home Textile Markets Joanna Choromańska Promedia www.promedia.biz.pl
UE UE 01-05-2004 Poland
Poland has become a bridge between the EU and Eastern Europe and has started acting a leading role in the group of new EU members
External trade turnover in general and by countries I-IX 2006
External trade turnover in general and by countries I-IX 2006
The situation at the property market determines the housewares market In Poland there are 11,7 mln flats which is a big market for housewares sector In 2005 there were 114066 flats built On average there are 3,2 people sharing a flat in Poland (like in Spain), In comparison to Germany - there are 2,2 people living in a flat The property market is developing dynamically
Average income per person Poles earn more every year • Earnings keep on growing
Unemployment • July • 2004 – 19,3 % • 2005 – 17,9 % • 2006 – 15,7% • Unemployment is expected to drop to • 14,9 % • GDP(Gross Domestic Product) in 2007will be 4,6%.
Retail chain stores with decorative articles
Importers: Main countries to purchase from: • Price attractive products – mainly Asia (China, India, Indonesia, Thailand), but also Africa and South America (ex. Mexico) • quality products – mainly Western Europe (Italy, Germany)
Who is your Partner? • independently acting companies trading only imported goods, • large regional warehouses, • retail multibrand chain and monolabel shops • department stores • producers who label imported goods with their logo
Where do Polish importers find the suppliers? Personal contact: • at the fairs - foreign fairs in Europe (Heimtextil) • Asia (Hong Kong) • national fairs (Home Decor, Meble, Furnifab) • at the trade missions in Poland or abroad
Home Decor 29.05-01.06.2007, organized once a year Last edition: - exhibiton space – 25 thous m2 (both with Furniture fair) Number of exhibitors 140 from 11 countries sectors – decorative articles for home, textiles, lighting, ceramics, glass, furniture, etc. www.mtp.pl
Furnifab Organized once a year Next edition: 27-29 March 2007 Last edition: - numbers of exhibitors 100 - sector: upholstery fabrics www.furnifab.pl
Proper Business Formalities In general Polish business formalities are the same as Western - European ones. • As meetings start on time, it is important not to be late. Try to arrive 15 minutes before; • Don’t forget about a small talk before a meeting ( nice weather, etc). Then we get started with the business immediately; • In business, educational titles are normally not used • Yes means yes, no means no and maybe means maybe
Poles don’t use first names from the very beginning of a relationship. • Gifts are generally not given nor expected but sometimes the hosts give small gifts to the guests and then it is good to be prepared to give a small gift back
Kisses on the cheek or hugs are generally not done as a greeting by business associates. • Poles prefer to talk rather than write. If they don’t answer an e-mail it doesn’t mean that they avoid contact. The e-mail should be then followed up by a phone call. Though you need to remember about the time zones. • English language is more and more commonly spoken by Poles, especially the young ones who didn’t have to learn compulsory Russian at schools.
Foreign capital is beneficial for Polish economy -60% of Poles agrees, • 13% claimsit is disadvantageous • 27% finds this questiondifficult to answer
The number of companies with foreign capital is constantly growing.2003 – 15 3712004 – 15 816Which is around 1/3 (one third) of all the registered companies.
At the end of 2005 at the list of largest investors in Poland there were 1081 companies from 37 countries including: • Germany – 252 • Holland – 124 • USA – 113
Who do Poles like? • 52% - Italians • 50% - English • 46% - Americans, Spanish, Czech
Indian Embassy in Polandwww.indianembassy.plCentral Statistical Officewww.stat.gov.pl
Thank you for your attention Contact: PROMEDIA JERZY OSIKA Stępińska 22/30 street 00-739 Warsaw Poland Phone: + 48 (022) 851 50 21; Fax: + 48 (022) 851 50 30 e-mail: j.choromanska@promedia.biz.plwww.promedia.biz.pl