Somewhat similarly to Belarus, Poland’s economy is also poised for an improved economic outlook, albeit for somewhat different reasons. Poland’s population of 38 million is fairly distributed throughout many midsized cities. The main city is Warsaw, with almost 2 million inhabitants, followed by Krakow, Lodz and Wroclaw each with around 600,000 people. These cities have implemented policies that have attracted a large amount of foreign investment over the years, and which continue to do so. In only the first four months of 2016, the Polish Agency for Information and Foreign Investment reported that foreign investment contributed to more than 4,200 new jobs with a total value of 139 million euros. The distribution of the Polish population throughout the country, as well as the possibility for regions to adapt their legislation to the needs of specific industries, have rendered the regions very attractive to foreign investment. The strength of this economy lies also in its great diversification as it is does not rely upon any one export, but rather a large array of services and products, from financial services to the production of machinery, furniture and food.
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SCHNEIDER GROUP hosted the ‘Axis Russia Startup Investors Corporations Connected’ on April 25.