A growing number of Danish companies want to move their operations to Poland
Forget the Swedish Deluge - it seems the Danes are arriving in droves, at least to do business. The number of Danish companies currently operating in Poland already exceeds 300 and may grow further, because many small and medium-sized firms in Denmark want to move not only their domestic operations, but also their operations in countries like France and Germany, to Poland.

"We know of five or six Danish companies which plan to close down their production lines in Great Britain.
I am yet unable to say which companies those are, since even the workers don't know the plans," says Siren Juul Jorgensen, Councillor at the Royal Embassy of Denmark in Warsaw.
According to Jorgensen, these companies are interested in being present in Poland because of the access it gives them to the large CEE market. "Poland has a huge number of well-qualified workers and lower costs of production than in other countries," Jorgensen points out. He adds that many companies, those already present in Poland as well as those who are planning to enter the market, see Poland as a hub from which their production can later be exported to Russia and beyond, including the markets of Asia and the Americas.

The increasing number of Danish companies in Poland means further growth of trade between the two countries. Poland is currently Denmark's eleventh-largest trade partner among the EU countries. The Ministry of Economy states that in the first eleven months of 2006 Poland exported products worth some €1.58 (21.6.17) billion to Denmark and imported goods worth €1.17 (21.4.56) billion. These figures grew by some 16 percent compared to
2005.

ŹródÅ‚o:

07.02.2007   Warsaw Business Journal, Numer 5