Partner country and economic partner Poland / GTAI-Special by Germany Trade & Invest on the occasion of the Hanover Fair Berlin, Bonn, Warsaw (ots) – rank eight in German exports, ranking six in the imports, an important goal of German foreign investments: Poland is one Extremely important and reliable business partner for Germany and also Germany for Poland.
Both countries benefit from intensive economic relations.
“With its broad-based industry, Poland is an important market, particularly for German mechanical engineering, and this is going to be the case in the future, as production is to be modernized – keyword Industrie 4.0 – and Germany is a pioneer Poland’s productivity and value added are also increasing thanks to German machinery, and the mechanics have an important market right on their doorstep, “explains Michal Wozniak, correspondent of Germany Trade & Invest in Warsaw.
Poland is above all the target of German investment. In the number of projects implemented, Germany leads well ahead of the following countries: the Netherlands, Cyprus and Great Britain.
German companies are already active in the Polish market with over 5,800 subsidiaries and participations. The decisive factor for the German commitment is, among other things, the productivity, qualification and motivation of the employees on the ground, explains Michal Wozniak. Indeed:
“Even if, according to surveys in Poland, it is easiest to make the most competitive search in the Central and Eastern European comparison, workers in the manufacturing sector are becoming more and more tough on the level of wage levels, according to statistics The average monthly salary is a quarter, and a further 6% is to be added each year and 2018, but this does not change the labor costs in the EU compared to the EU average of one third of the EU average per hour Poland is an interesting location, but you should be well-informed on the spot.
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Germany Trade & Invest (GTAI) is the economic development company of the Federal Republic of Germany. The company informs German companies about foreign markets, promotes Germany as a business and technology center and accompanies foreign companies to settle in Germany.
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