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29 (124) 2017
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Events coverage

The BPCC economic debate on the investment attractiveness of Podkarpacie in Rzeszow

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I can see with my own eyes that the Subcarpathian region is well prepared for new investments. Coming into Rzeszów by train this morning, I could see fields waiting for factories – the roads laid out, with electricity and other infrastructure in place.

New investments, good governance of the region, municipal support, instruments offered by economic zones, availability of qualified human resources mean that is a good place for foreign investors. This region has a huge potential that is promoted in the UK, said Michael Dembinski, the BPCC’s chief advisor, in his foreword.

The debate with the participation of representatives of the business world, entrepreneurs, investors, universities, the provincial marshal’s office of the Podkarpacie region, Rzeszów’s city hall, the Aviation Valley Association and the special economic zones, took place on 16 March 2017 at the Rzeszów Hotel. The event was organised in cooperation with the BPCC regional  member companies such as K&K Selekt Human Resources Consulting and consultants Roedl &Partner, the event’s content partner.

The conference was opened by Urszula Kwaśniewska, the BPCC’s regional director. Welcoming the guests, she discussed the main objectives of the BPCC and underlined the chamber’s intentions to intensify its activities  in Podkarpacie. Referring to a recent study drawn up by the Polish Investment and Trade Agancy (PAIH), she emphasised  the attractiveness and high growth potential of Poland, with a particular focus on Podkarpacie.  

Michael Dembinski briefly discussed a report entitled The Impact on Foreign Direct Investment –  Contribution to the Polish Economy in the past quarter century, prepared by Polityka Insight in cooperation with 14 bilateral chambers of commerce operating in Poland. According to the report, British investors are ranked fourth in terms of the size of FDI in Poland – 6.2% of all FDI. Over the past 25 years,  the value of FDI in Poland has exceeded 712 billion złotys. Adopting robust assumptions about the struc¬ture of the growth of the wage fund in the econo¬my, it was determined that wages are now about 8.9% and employment approximately 8.5% – higher than they would have been if the value of FDI remained at the 1990 level.

Mr Dembinski  referred to high demand for Polish products in the UK, Poland’s second largest export market after Germany, and the fact that in the UK are nearly 30.000 company owners from Poland, fifth in the ranking of countries of origin of foreign entrepreneurs in the UK. After the Brexit vote the pound sterling fell  - and that would affect the trade dynamics between Poland and the UK. In the long term, however, he said that he saw Brexit changing rather than stopping short economic relations between the UK and Poland. “Polish firms with global ambitions – or simply those interested in the UK as a market of 65m consumers – will continue to move to the UK, an excellent springboard from which to enter the markets of North and South America, the Middle East and Africa and the Far East. On the other hand, UK firms not wishing to lose access to the single European market should consider investing in Poland so as to retail a foothold in the EU.

The next presentation was given by Marcin Dojnik, senior specialist, Investor and Exporter Service Centre (COIE).  He outlined all support services and funds available for foreign investors and underlined the importance of cooperation between clusters and business support organisations, including BPCC. Mr Dojnik discussed a service path of potential investors, starting from initial information on the market and a company’s potential, through a presentation of particular offers and incentives; organisation of meetings and fairs; and ending at on-going services for investors as well as monitoring of all activities. He also talked about the availability of EU and Polish funds for businesses looking to grow in the Podkarpacie region.

The second part of the conference was a discussion panel moderated by Mr Dembinski. The panelists included: Katarzyna Kordoń (K&K Selekt Human Resources Consulting), Mr Dojnik, Łukasz Szczygieł (Roedl&Partner), Andrzej Rybka (Aviation Valley Association) and Andrzej Ujda (Rolls-Royce). The discussion was joined by Paul Bennett, special project manager, of Poeton – a British investor that’s planning to open its production plant in Rzeszów. The company, specialising in functional coatings for the aerospace sector to combat of all types of wear and corrosion will create 2.000 jobs.

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