In light of our experience at Explore Markets, we predict that Poland will maintain its status as an appealing FDI destination in 2024. There are multiple factors contributing to this outlook. The ongoing trend of reshoring to Europe continues to position Poland as a key destination, as evidenced by our Scandinavian clients who have found…
International IT company SOFTSWISS is expanding its operations in Poland by opening a new office in Poznan. The international SOFTSWISS Group has officially opened the doors of its new office in Poznan. It was in the city that SOFTSWISS first began its journey three years ago with its main partner on the Polish market, Merkeleon…
Budimex, one of Poland’s largest construction companies, is to build a high-speed railway in Latvia. On 21 December 2023, the contract for the construction of the Rail Baltica railway line in Latvia was signed. Under the €3.7 billion contract, the winning consortium ERB RAIL – comprising France’s Eiffage Génie Civil, Poland’s Budimex and Italy’s Rizzani…
After a sharp decline in 2020 and a strong recovery in 2021, global direct investment in 2022 fell by 12% to $1.3 trillion. According to reports from international organizations (including UNCTAD), the decline was caused by global factors, related to the war in Ukraine, high energy and food commodity prices, rising interest rates and uncertainty…
MIM Fertility – a Polish pioneer in the field of artificial intelligence – has announced the closing of a seed round of $2 million. The investment was led by Warsaw-based venture capital investors Tangent Line and Peleton. MIM Fertility – a Polish pioneer in the field of Artificial Intelligence. MIM Fertility proposes breakthrough solutions in…
Facing inflation and geopolitical uncertainty, investors have been forced to revise their strategies, according to the Schroders Global Investor Study 2023. Persistent inflation and geopolitical uncertainty – coupled with the need to decarbonize economies – are making it difficult to navigate markets and forcing investors around the world to revise their investment strategies, the flagship…
The Chinese company Sanhua Automotive has invested between PLN 160 million and PLN 208 million in a plant for the production of thermal system parts for electric and hybrid vehicles in the Katowice Special Economic Zone (KSSE). The plant is expected to create 350 new jobs by 2025. The plant will produce parts for electric…
Yulchon of Korea has been producing for the automotive industry in Korea and Mexico and is moving now to Poland as well, building a plant near Wroclaw, another major Korean investment in the Wroclaw metropolitan area. Yulchon Poland’s new plant in Komorniki near Wroclaw will cost more than PLN 100 million (EU 23 million). Yulchon…
Standard Chartered Bank has opened a new branch in Warsaw, with its first employees starting on November 1. Standard Chartered Bank is the hub for Standard Chartered’s EU activities. The new branch represents a key part of a broader strategic program aimed at developing the bank’s operations in Europe. It is well-positioned, both geographically and…
Barry Callebaut, a leading chocolate manufacturer, opened another production line in Łodź. Łodź is home to the largest chocolate factory in Poland. Its owner is the tycoon, Barry Callebaut. The company is currently expanding its Łodź plant. The new hall has an area of more than 3,000 sq m. Innovative technological solutions were used in…
International logistics operator SLT TRANS LOGISTIC has decided to open its first buffer warehouse in Poland within Panattoni Park Gdansk West II. The tenant will occupy more than 4,900 sqm of logistics and office space in Panattoni’s Tricity investment. SLT TRANS LOGISTIC was represented in the transaction by AXI IMMO. SLT TRANS LOGISTIC, an international…
Poland ranks first as the most attractive investment location for business among the countries included in this year’s survey (Central and Eastern Europe as well as China and Russia). In addition, 92.7% of respondents would choose Poland as their place of business again. These are the conclusions of the economic survey “Poland in the eyes…
