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POLAND
Population: 38.2 million
Capital: Warsaw
Area: 312,685 km²
Global Position Bordered by Germany, Czech Republic, Slovakia, Ukraine, Belarus, Lithuania and Russia
Official Language: Polish
Major Religion: Christianity
Life Expectancy Population: 74 years
Male: 70 years
Female: 78 years
Currency: Euro
Main Exports: Machinery and transport equipment, foodstuffs, chemicals
GDP Per Capita: US$16,310 (IMF)
ECONOMIC INSIGHT
• In the heart of continental Europe
• EU member since 2004
• Well positioned to act as a base for Eastern European investment
• One of the biggest markets in Central Europe; 38 million people
• 50% of the population is under 35 years, the majority are highly educated and motivated
• Many global companies have located their R&D in Poland due to low labor costs
• EU membership brings about massive investment inflows. ($11 billion in 2006 and a further $80 billion from EU countries between 2007-2013)
• Poland is the largest beneficiary of EU aid among the acceding countries (â,¬ 14.9 billion)
• Increasing domestic demand and export growth
• Low inflation
• Low interest rates but likely to increase further
• Declining unemployment
• Positive exchange rate outlook
Therefore, IFG can deliver:
• Franchise Agreements
• Outsourced Resources such as Legal, Bookkeeping and Accounting
• Staff, On The Ground, in conformance with all Polish statutes
• And much more