Poland offers a stable investment
climate to foreign investors

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Foreign investors assess Poland as a good place to locate a business. As many as 92% of representatives of foreign companies are satisfied with the decision to invest in Poland and would take this step again – according to 11. edition of the report “Investment climate in Poland”, prepared by Grant Thornton, Polish Investment and Trade Agency and HSBC bank.

According to the survey, Poland is rated on average by 3.7 points out of 5 by foreign companies. This is not only one of the highest ratings in the 11-year history of the study, meaning practically maintaining last year’s record (3.72 points). Poland has good investment conditions – this is what 64% of respondents consider in total, while 30% talk about the average assessment of the investment climate. The percentage of critical responses amounted to only 4%. Thus, everything points to the fact that such factors as, for example, growing challenges related to recruitment of employees that could potentially hinder the implementation of investments in Poland, have been balanced with positive factors, such as a good economic situation, highly appreciated by the participants of the study.

The results of the PAIH, HSBC and Grant Thornton questionnaire also suggest that Poland has to offer in the first place a friendly and stable macroeconomic environment combined with strong domestic demand and a thriving business environment. Economic stability is the highest rated parameter (4.01 points out of five) out of 26 factors defining the investment climate of the country. For more than ten years, Poland has remained one of the fastest-growing economies of the European Union.

At the same time, do not forget about the challenges. Investors recognized that the stability and predictability of law (2.75 points), effectiveness of commercial judiciary (2.84 points) and not so much the amount of taxes as the formalities related to them (2.91 points) require improvement.

Przemysław Polaczek
CEO in Grant Thornton Poland

Poland continues to create very good conditions for foreign investors, and its advantages still outweigh the ills. However, if it wants to attract large investments permanently and on an even larger scale, it must continue to improve Poland’s attractiveness, especially by eliminating barriers to business, such as instability and ambiguity of the law or bureaucratic obligations. Remember that other countries of the region are also constantly working on improving their investment attractiveness