Preview

Doing Business in Poland

Better Essays
Open Document
Open Document
3414 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
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

You May Also Find These Documents Helpful

  • Good Essays

    ECO365 Week 2 Simulation

    • 729 Words
    • 3 Pages

    References: Colander, D. C. (2010). Economics (8th ed.). New York, NY: McGraw-Hill. Retrieved April 11, 2013 from The University of Phoenix eBook Collection database.…

    • 729 Words
    • 3 Pages
    Good Essays
  • Good Essays

    5.What is the urbanization rate here? What country the most/ least urbanized in this region…

    • 608 Words
    • 3 Pages
    Good Essays
  • Better Essays

    This research is being submitted on June 14, 2010, for Mr. Bergeen’s Microeconomics course at Rasmen College by John Divler.…

    • 1125 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Exam 1 Study Guide COMPLETE

    • 2065 Words
    • 11 Pages

    13. Which of the following locations is not one of the world's great population clusters?…

    • 2065 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    Monopoly Break Ups

    • 623 Words
    • 3 Pages

    This research is being submitted on December 2, 2012 for Julia Walker’s G204/ECO2023 Section 01 Microeconomics - Fall 2012…

    • 623 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Xacc 280 Final: Coke/Pepsi

    • 1839 Words
    • 8 Pages

    The significance of the trend analyses on net sales and net income is that PepsiCo has been steadily increasing its sales over the past 5 years (for a total increase of $9 billion), since 2001. Clearly, they must have sound marketing and advertising strategies, in order to not just maintain their sales figures, but to maintain a growing increase each year. Up until 2005, they were performing equally admirably at increasing their net income as well. While their net income for 2005 is still an impressive 69.9% higher than in 2001, they went from 3 years of massive increases, to a slight decrease. Since the sales figures increased from 2004-2005, it’s not a question of having a “sales slump”. This means they must have increased expenses dramatically during 2005. We know this because net income is tabulated from the income statement, which consists of revenues and expenses. Logically, if sales have continued to increase, yet net income has fallen slightly, then there must have been a substantial…

    • 1839 Words
    • 8 Pages
    Better Essays
  • Good Essays

    PROCESS

    • 1045 Words
    • 4 Pages

    Hirsh, R., D., Peters, M., P., & Sheppard, D., A. (2005). Entrepreneurship. (6th ed.). New…

    • 1045 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Entrepreneurship and Economic Development: The Empretec Showcase [White Paper]. (2004, May). Retrieved from UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. ENTREPRENEURSHIP: http://www.unctad.org/en/docs/webiteteb20043_en.pdf…

    • 4470 Words
    • 18 Pages
    Powerful Essays
  • Better Essays

    Supply Demand Elasticity

    • 1181 Words
    • 4 Pages

    Hubbard, R. & O’Brien, A. (2010). Economics (3rd ed.). Boston, MA: Pearson Hall. Retrieved December 12, 2010 from EBook.…

    • 1181 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Internal Memo Report

    • 393 Words
    • 2 Pages

    An immediate population of 63,000, around 35% more populated than the next closest location candidate…

    • 393 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Globalization Nestle

    • 3801 Words
    • 16 Pages

    Wall S, Minocha S, Rees B (2010). International Business 3rd Edition Harlow: FT Prentice Hall pp: 13-28; 103-129; 131,133,140,164,170-188…

    • 3801 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    However there are two exceptions to this. Firstly Brasilia has a high population of more than 100 people per km2 and this is a city that is in the centre-west of Brazil. This is probably because it is the capital.…

    • 1019 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Europe's Second Logistic

    • 5518 Words
    • 23 Pages

    9for purposes of comparison,Italy in recent years had about 190 persons per square kilometer, the Netherlands about 350, the density of western Europe as a whole is about 125. France, with approximately 18 million people, had a density of about 34, England and wales with 4 and 5 million, ha slightly lees. Elsewhere the population was spread more thinly; 28 per square kilometer in Germany, 17 in spain and Portugal. 14 in eastern Europe exclusive of Russia, and only about 1.5 or 2 in Russia and the Scandinavian countries. These figures…

    • 5518 Words
    • 23 Pages
    Better Essays
  • Good Essays

    Stacey Tile Case Study

    • 1922 Words
    • 8 Pages

    + competitive advantage: the position of the location - within a radius of 500 km which represents 60% of the U.S. market of floor & wall tile (its biggest assest)…

    • 1922 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Econ

    • 3487 Words
    • 14 Pages

    © 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Economics 9e by Case, Fair and Oster…

    • 3487 Words
    • 14 Pages
    Satisfactory Essays