1. OLSZTYN THE CITY FRIENDLY TO LIVE AND INVEST IN

2. Location: Olsztyn – the Heart of Europe 2

3. Olsztyn – the Heart of Warmia and Mazury Region 3 Olsztyn is located half-way between Warszawa (220 km) and Gdańsk (180 km) and 144 km away from Kaliningrad, the capital of the Kaliningrad Oblast, a Russian enclave. Kaliningrad

4. OLSZTYN.The Capital of Warmia and Mazury Region The seat of regional authorities 4

5. OLSZTYN. What Is It Like? 5 GREEN – forests and parks = 22 % of city area BLUE – surface waters = 10% of city area (11 lakes and 3 rivers) YOUNG IN SPIRIT – 659 years of history – yet an average Olsztyner being in their thirties FRIENDLY to citizens ATTRACTIVE to business OPEN for investment

6. OLSZTYN. Characteristics 6 Number of inhabitants 176 463 Female 94 557 Male 81 906 Total Area 88 sq.km Population density 2005 person/sq.km Fitch rating: NationalBBB+ InternationalBB+ Unemployment rate 7,2%

7. OLSZTYN. Characteristics Olsztyn is a city of enterprising people. In 2011, there were 21 718 businesses registered – which makes up nearly 1/5 of the overall number of all businesses registered in the Warmia and Mazury Region. Within this number, 572 (2,6%) of the businesses represent the public sector – with 263 public and local government institutions of the budget law; whereas, 21 146 (97,4%) businesses represent the private sector. In this group, 15 051 subjects are owned by legal persons, whereas 2 008 are trading companies, 247 of which are with foreign capital. 108 subjects are completely owned by foreign capital. Taking the number of employees into consideration, nearly 95% of subjects are micro- enterprises, 4,7% are small and medium seized enterprises, while 0,3% of the overall number are major enterprises 7

8. OLSZTYN. Characteristics 8

9. OLSZTYN. Human Capital 67,25% of Olsztyners are of working age, most of them well-educated, creative and diligent people who know what they want and what they aim at. 9

10. OLSZTYN. The City of Science and Innovation Science and innovation – the pillars of a successful future of Olsztyn. Five higher education institutes: a state university and four private schools. 10

11. OLSZTYN. The City of Science and Innovation 11 Students of higher education institutes (as of 30 XI) Specification2007/20082008/20092009/20102010/2011 University of Warmia and Mazury 36 51134 06532 28331 506 Olsztyn Higher School name by J. Rusieckiego 4 0633 7963 6853 251 Pedagogic Higher School TWP 648480471378 University of Computer Science and Economics 3 8953 6353 7933 534 Kotarbiński University of Information Technology and Management in Olsztyn 1 7791 7742 0051 673 Total 47 23444 07442 574 40 643

12. OLSZTYN. The City of Science and Innovation 12 The University of Warmia and Mazury – 16 faculties including: technical sciences, economics, law, IT, medicine and veterinary medicine, environmental protection, fisheries, biology, biotechnology, food sciences, animal bioengineering and others. – 56 fields of studies – over 31.000 students – 2000 academics, including 214 professors

13. OLSZTYN. The City of Science and Innovation The University of Warmia and Mazury - the leader in (among others): - biotechnology, – animal genetic improvement and new breeding technologies, – ionospheric propagation of radio waves and satellite positioning and navigation. 13 The University Campus

14. OLSZTYN. The City of Science and Innovation The Olsztyn Park of Science and Technology is being under construction right now. Its aim is to stimulate economic development of the City and the Warmia and Mazury Region. It will be completed by the year 2013. 14

15. OLSZTYN. The City of Science and Innovation It will consist of three functional parts: 1.Technology Park – facilities to be used by mature companies. 2.Business Incubator – a place where innovative companies will be started up and provided with support. 3.Technology Transfer Centre – facilities to be used for research on new technologies. 15

16. OLSZTYN. The City of Science and Innovation The Institute of Animal Reproduction and Food Research of the Polish Academy of Science – the best entity located in Olsztyn, conducting research in agriculture, veterinary medicine and biology. 16

17. OLSZTYN. Public Transport The modernisation of public transport in Olsztyn is one of the most important projects implemented at the moment. It provides not only for the return of the trams to the City, but also the Ring Road will be constructed, bus-lanes will be built and an intelligent system of traffic management will be introduced. 17

18. 18 OLSZTYN. Recreation Olsztyn enjoys excellent condition for recreation resulting from its natural environment. You can rest in the City Forest, at the lakes or in parks. All the venues are equipped with benches, bicycle stands, bicycle paths system connecting Lake Ukiel with the City Forest and the Old Town.

19. OLSZTYN. Ready for Investment 19 Olsztyn – a leader in total urban area coverage with zoning plans. Areas for industrial and commercial activity, land for residential, recreational and tourism purposes. Areas supplied with water, sewage and electric facilities as well as good road access.

20. OLSZTYN. Investments incentives 20 Warmia and Mazury Special Economic Zone covers an area of 738,8 ha of grounds under economic investment projects. The Zone consists of 24 sub-zones – and Olsztyn is one of them. Developed land, good location and wide choice of grounds – are all offered to potential investors who may also benefit from public aid means. Michelin is the most important strategic investor in Olsztyn WM Special Economic Sub-zone. The Michelin Factory

21. OLSZTYN. Investment incentives 21 Investors interested in running their business activity in the Warmia and Mazury Region are able to use the following investment incentives: Governments Grant – a grant offered by the government to foreign investors increasing the inflow of technologically advanced investments and creating highly productive jobs, tax reliefs – regional public aid offered by Special Economic Zones reliefs from real-estate tax – regional public aid offered by Olsztyn’s self- government Entrepreneurs investing in the Warmia Mazury Special Economic Zone area have the right to use an income tax relief of: 70% of carried investment costs for small entrepreneurs 60% of carried investment costs for medium entrepreneurs 50% of carried investment costs for big entrepreneurs. Relief on the basis of: new investment costs or creation of new workplaces

22. OLSZTYN. Ready for Investment 22 The Government of Olsztyn initiatives and finances various project around the Lake Ukiel area: – water equipment and racing skis hire around the city beach area, – water skis lift, a canoe course, – the Sunny Glade summer and winter sports centre, – a sport hall The whole potential is at operating in tourist/hotel trade entrepreneurs’ disposal.

23. OLSZTYN. Ready for Investment 23 The City of Olsztyn is at the moment implementing the projects for creating entrepreneur zones around Lake Ukiel – the area of Słoneczna Polana (“Sunny Glade”), Zatoka Miła (The Nice Bay) and the city beach. Within the project the following activities are planned: the building of waterworks, sanitary, electro-energetic and tele-technical networks; making accessible – in terms The areas so prepared allow developing recreational services and tourism industry functions: hotels, spa, sport centres and similar venues. The city expects the plots in the zones to be purchased and the investors engaged.

24. OLSZTYN. Ready for Investment

25. Welcome to Olsztyn! You are invited to invest! Barbara Tuńska Contact details: Investor Assistance Centre in Olsztyn City Hall Barbara Tuńska tunska.barbara@olsztyn.eu Tel. +48 89 523 61 20 25