Eastern European Supplier Matching (TradeArc) - Opportunities
The Polish population of 38.6 million is recognised as one of the youngest and most highly educated in Europe. The number of multilingual people is rapidly increasing, a healthy percentage of the population has university degrees and the country's industrial productivity is growing at a far greater rate than many of its European neighbours.
The generally high quality of Poland's production output and its relative geographical proximity to the UK and Europe represents a real alternative to the Far East for the manufacturing sector with a number of foreign businesses establishing assembly operations in the country already. In addition call centre operations, hotel and leisure chains, and businesses seeking quality foodstuffs and construction materials can benefit significantly.
As with any other business venture one should consider the savings as well as the gains to be made. If comparing with the Far East a typical flight to Poland takes around two hours and costs a fraction of a flight to China. Many of our clients conduct meaningful and productive meetings in Poland without the need for an overnight stay. What is significant too is that red tape and overly bureaucratic trading laws are reduced greatly by Poland's membership of the EU since 2004.