Poland Market Overview Michael Dembinski Chief advisor, British Polish Chamber of Commerce
Close by and cheap to fly… London Liverpool Belfast Birmingham Bristol Doncaster Edinburgh Glasgow Leeds Manchester Newcastle Nottingham
Sixth largest EU country Source: Eurostat
Eighth largest economy GDP by purchasing power, 2015 Source: Eurostat
GDP per capita 2014 (nominal) Source: Eurostat
GDP per capita 2014 (PPP) EU28=100% Source: Eurostat
Poland’s decade of growth Source: Eurostat
Major manufacturer (18% of GDP) and exporter (48% of GDP) Source: Polityka Insight
Poland’s imports of agricultural machinery (CN8432, €m)
Poland A and B? Gross monthly salaries Source: GUS
EU funding 2014-2020 Infrastructure and Environment (e.g. renewable energy) €27 billion Smart Growth – €8.6 billion Knowledge, Education, Growth (Skills) – €4.7 billion Eastern Poland Project – €2 billion Technical Assistance (Institutions) - €700 million Regional Operation Programmes (IT, R&D, Innovation) – €31.2 billion
Professional services Poland is under-consulted – B2B services €1 billion Define market: multinationals? SOEs? SMEs? First-generation entrepreneurs approaching the exit Be flexible with pricing Define the value-added in terms of company valuation, not cost-savings or increased revenues Different legal system – do your homework
What we do… Is there an opportunity and where? Who will represent me? Can you help me grow my sales?
Companies that succeed… Have a budget Get buy-in from the boss! Visit, visit, visit! Are ready to be flexible In it for the long-term Engage the help of others Back their brand with promotion
michael.dembinski@bpcc.org.pl @policies4poland