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Welcome to the Business Land: Facts about Poland

Discover key information about Poland, including its area, neighboring countries, language, religion, currency, political system, administrative division, major cities, and participation in international organizations. Learn about Poland's population trends, immigration patterns, and accessibility as a bridge between Western and Eastern Europe. Explore the country's stable economy and impressive macroeconomic indicators. This guide is essential for investors and businesses interested in Poland.

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Welcome to the Business Land: Facts about Poland

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  1. GENERAL INFORMATION ABOUT POLAND Project “Welcome to the business land“, LT-PL-2S-190 BUSINESS IN POLAND

  2. FACTS ABOUT poland • Area:312 679 sq. km. • Neighbors: • Germany (land border – 467 km) • Czech Republic (border – 796 km) • Slovakia(border – 541 km) • Ukraine (border – 535 km) • Belarus (418 km) • Lithuania (border – 104 km) • Russia (Kaliningrad) (land border – 210 km)

  3. Factsaboutlithuania • Language:Official language– Polish • Religion:Polandis considered to be very religious country: majority 87.58% considerthemselves Roman Catholic. • Currency:Polish złoty (PLN) • Political system:Poland is a representative democracy, with a president as a head of state, whose current constitution dates from 1997. Poland ranks in the top 20 percent of the most peaceful countries in the world, according to the Global Peace Index. The government structure centers on the Council of Ministers, led by a prime minister. The president appoints the cabinet according to the proposals of the prime minister, typically from the majority coalition in the Sejm. The president is elected by popular vote every five years.

  4. Administrative division • Poland is divided into 16 voivodships, which are further divided into smaller units called poviats, and poviats are made up of gminas. There are currently 379 poviats and 2478 gminas. • Cities: • The biggest cities in Poland: • Warsaw – 1 758 143 population • Cracow – 766 739 • Łódź – 693 797 • Wrocław - 638 364 popl.

  5. Participationininternationalorganizations • Poland joinedOrganisation for Economic Co-operation and Development (OCED) on 22nd November 1996, • Poland is a member of the North Atlantic Treaty Organization (NATO) alliance since 1999, • On 1 May 2004,Poland became a full memberof the European Union, • Poland isalso a member of: United Nations, The World Trade Organization, EuropeanEconomicArea, International Energy Agency, Council of Europe, Organization for Security and Co-operation in Europe, International Atomic Energy Agency, European Space Agency, G6, Council of the Baltic Sea States, VisegradGroup, Weimar Traingle and Schengen Agreement

  6. counties number of residents

  7. demographics Population of Poland hasbeendecreasing in the recentyearsdue to migration.The averagebirthrateisestimatedat 342 463 and averagedeathrateis 401 378.

  8. International immigrationofresidents • High level of emigration for temporary stayafter 2004 (when Poland joined EU)to European Union countries(UK, Germany, Ireland, Netherlands, Italy): • mostly young people • repeated, circular migration

  9. Trends of migration in poland • Increasing immigration in recent years • large immigration from Ukraine • large scale of short-term immigration • economic immigration (to work) • immigration related to education • Poland becoming an emigration and immigration country

  10. Employers’ statements on intent to hire a foreigner Source: Statistics Poland, Migration statistics in Poland, 2018

  11. Accessibility - Infrastructure • Poland has a convenient location – it is located in the center of Europe, at the intersection of main communication routes – it is like a bridge between Western and Eastern Europe. This is a great advantage for potential investors – they have an easy access not only to thePolish internal market (approximately 38 million people) but also to themarkets in other European countries (over 0.5 billion people). • Another advantage are benefits which come from participation of Poland in different global organizations like the European Union, United Nations or NATO. Poland is therefore potentially politically stable and has a significant position on the international arena. • From an economic point of view Poland is also trustworthy, the economy was not as affected by the global crisis as the economies of other European countries, but has additionally strengthened its position in the CEE and Europeas a wholeduring the crisis.

  12. The mainmacroeconomicindicators 2015 - 2018 • Poland's Nominal GDP reached 142.8 USD bn in Mar 2018, compared with 155.4 USD bn in the previous quarter. Nominal GDP in Poland is updated quarterly, available from Mar 1995 to Mar 2018, with an average number of 85.2 USD bn. The data reached an all-time high of 155.4 USD bn in Dec 2017 and a record low of 31.4 USD bn in Mar 1995. CEIC converts quarterly Nominal GDP into USD. Central Statistical Office provides Nominal GDP in local currency based on ESA 2010. The National Bank of Poland average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2002 is based on ESA 1995. • In the latest reports, Poland's GDP expanded 5.0 % YoY in Mar 2018. Its GDP deflator (implicit price deflator) increased 1.1 % in Mar 2018. Poland's GDP Per Capita reached 13,645.5 USD in Dec 2017. Its Gross Savings Rate was measured at 18.6 % in Mar 2018.

  13. The mainmacroeconomicindicators 2015 - 2018

  14. Neweconomicentitiesregistered • As of January 2018, 36 409 new economic entitieswereregistered in Poland. • Geographically the majority of neweconomicentitiesareregistered in the region of Mazowsze 16,2%, Śląsk 10,12% and Wielkopolska 9,81%. Source: Centralny Ośrodek Informacji Gospodarczej. www.coig.com.pl

  15. Number of bankruptcy processes completed In 2017, the number of bankruptcies and restructuring of Polish companies amounted to 885 in total. 537 companies out of 885 declared bankruptcy. Restructuring proceedings introduced at the beginning of 2016 together with the new bankruptcy law are increasingly used. Their participation in all proceedings is growing - in 2017 it amounted to 39%, while in 2016 it was 27%. Among the restructuring proceedings, the most common are the accelerated arrangement proceedings (209) and the least observed are procedures for the approval of the arrangement (11).

  16. Attractivesectors • Informationandcommunicationtechnology sector is one of the highlyprioritised and most promising sectorsin Lithuania. Over 31,500 IT professionalsin Lithuania are workingin this sector. Modern technologies(such as EDGE technology, 4G mobilecommunicationsinfrastructureandmobile WiMAX 4G Internet), the fastestpublic Wi-Fi in Europe and thegreatestfibre-optic (FFTH) Internet network penetration in Europe – allthese factors make Lithuania especiallyattractiveforoffshoreservices. • Lithuania’sengineeringindustryhas been constantly growing andexpandingbyapproximately 15% every year since 2009. This industryis highly competitive in terms of costand quality and it is well-integratedinto the global supply chains. Productsdevelopedbythe Lithuanian engineers are often adapted by suchinternationalcompaniesandorganisationsas NASA, Boeing, U.S. Army, BMW, Volkswagen, Hitachi, Siemens andMitsubishi. • Biotechnologyresearchtakesplace in Lithuania, and the developedtechniques and products are appliedin the fields of medicine, pharmacy,chemistry, agriculture, environment, etc. Lithuania’sbiotechnologyproducts are recognisedworldwide, as 90% of them are exported to over100 countries. The main export marketsincludethe USA, Japan, Israel,Germany and the United Kingdom.The sector grows on average by 25%annually.

  17. Attractivesectors Source: Atradius Country Report Poland 2018

  18. sources • Atradius Country Report Poland, 2018. • Global_Bankruptcy Report, 2017. • Centralny Ośrodek Informacji Gospodarczej. www.coig.com.pl • EY. Doing Business in Poland, 2017. • Polish Agency for Enterprise Developmenthttps://www.parp.gov.pl/ • PricewaterhouseCoopers UAB.Doing Business in Poland, 2017. • Statistics Poland, Migration statistics in Poland, 2018. • Statistics Poland. http://stat.gov.pl/en/ • World Bank. Doing Business Poland, 2018.

  19. About the project The project “Welcome to the business land“ (LT-PL-2S-190) is aimed at showing the border region youth that Business can be simple, if you have a good idea, some support from professionals and general knowledge on business processes. During its implementation, it is planned to organize business leader’s competition and International Economic Forum and to activate partnership of project beneficiaries and social partners (schools, business companies, professional development centers). This training material has been produced with the financial assistance of the European Union. The contents of this training material are the sole responsibility of PI PVC and “Euroregion Niemen” Association and can under no circumstances be regarded as reflecting the position of the European Union. Total projects size is 49 973, 25 EUR. Out of them co-funding of European Regional Development Fund is 42 477,25EUR. • This project is Partly financed from the European Regional Development Fund • Interreg V-A Lithuania-Poland cooperation programme www.bonusLT-PL.eu

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