International business in Poland
The Republic of Poland is a Central European country situated between Germany and the Baltics. Largely characterised by flat terrain, its southern border is lined with mountains.
Poland’s visionary economic liberalisation policy ensured that the country was solely unaffected during the 2008-2009 recession that hit the entire European Union.
This country has seen a turmoil filled past, yet its government is known to be resilient and progressive. This has resulted in Poland emerging as an active member of Euro Atlantic organisations, giving it the reputation of being a market oriented nation.
Poland’s vital data points (as of 2019)
|GDP (billion USD)||595.85|
|GDP per capita (USD)||15,692|
|GDP per capita PPP (USD)||35,165|
|Purchasing power per dollar, compared to the USA||175%|
|Surface area (sq km)||312,696|
|% of population living in urban areas||60.04%|
|% of GDP added by agriculture – industry – services||2.15% – 28.83% – 56.9%|
|Ease of doing business index (1 = best, 189 = lowest)||40|
What is Poland’s business index?
Poland ranks 33 out of 80 economies in terms of Ease of Doing Business. For Trading Across Borders however, it’s the leader at number 1.
Which are Poland’s most promising business sectors?
- Machine building
- Iron and Steel
- Coal Mining
- Ship building
- Food processing
Poland’s top export commodities
- Machinery and transport equipment
- Intermediate manufactured goods
- Miscellaneous manufactured goods
- Food and live animals
Poland’s top export partners (Percentage of total exports)
- Germany (28.9%)
- United Kingdom (5.7%)
- Czech Republic (5.8%)
- France (5.6%)
Poland is a republic and therefore follows the Republic system of government with a multi party set up. The Polish president is elected by the people and serves a term of 5 years in this capacity.
The day of elections in Poland is held on a Sunday, 75 to 100 days before the end of the earlier president’s term.
Polish national holidays 2019
This is a list of national holidays in Poland for the year 2019, on which most schools, colleges, institutes and organisations may be unoperational.
|New Year’s Day||January 1|
|Easter Day||March 27|
|Easter Monday||March 28|
|Labour Day/May Day||May 1|
|Constitution Day||May 3|
|Whit Sunday||May 15|
|Corpus Christi||May 26|
|Assumption of Mary||August 15|
|All Saints’ Day||November 1|
|Independence Day||November 11|
|Second Day of Christmas||December 26|
Poland – A promising business environment
Poland is a land ridden with tragic history. A self reliant and positive perspective has seen it tackle its past and emerge stronger than ever before.
Poland’s independent monetary system, free press policy, reckoning competition and high levels of dependency, make Poland a reliable business partner.