Poland Country Brief
Overview
Poland, also called the Republic of Poland, has a population of approximately 38.6 million, the 6th largest in the European Union. Poland is bordered by Germany in the West, the Czech Republic and the Slovak Republic in the South, by the Ukraine and Belarus in the East, Lithuania, the Russian enclave of Kaliningrad and the Baltic Sea lie to the North. The principal centres of population are Warsaw, Krakow, Wroclaw, Lodz and Poznan.
Poland celebrates its national day on 3 May each year.
Political Overview
Under the Polish Constitution, the legislative authority of the Republic is vested in the Parliament, composed of the Sejm (lower house, 460 members) and the Senate (upper house, 100 members).Executive authority is shared between the President (elected for five years) and Prime Minister. Three new tiers of regionally-based local administration were introduced in 1999: 16 voivodship, 308 poviats (+ 65 cities with the legal status of a poviat), and over 2000 gminas (counties).
Lech Kaczynski of the centre-right Law and Justice Party (PiS) and the former Mayor of Warsaw, won the presidential elections in the second round on 23 October 2005 (he ran against current Prime Minister Donald Tusk). He took office as President on 23 December 2005. President Kaczynski opposes rapid free market reforms and is an advocate for strong social welfare programs.He co-founded PiS with his identical twin brother, Jaroslaw Kaczynski (Prime Minister of Poland 2005-2007).
Parliamentary elections on 21 October 2007 were won by the centre-left Civic Platform Party (PO) which received 41.4 per cent of the vote (209 seats). PiS, which led the previous government, received 32.2 per cent of the vote (164 seats), The Liberals and Democrats alliance (LiD) and the Polish Peasants Party (PSL) were the only other parties making it into the Parliament with 13.2 per cent (53 seats) and 8.9 per cent (31 seats) of the votes respectively.
Following the elections, PO leader Donald Tusk announced that his party would form a coalition government with PSL. On 16 November, the cabinet of Prime Minister Tusk was sworn in. An official coalition agreement was signed by Prime Minister Tusk and PSL leader Waldemar Pawlak on 23 November 2007. As part of the agreement, PSL holds 3 portfolios out of 18, including economy and agriculture.
Prime Minister Tusk outlined the priorities of his government in an address to parliament on 23 November 2007. These included: reducing the budget deficit, accelerating infrastructure development, reducing barriers hindering business, fighting corruption and reducing unemployment.
Poland became a member of the OECD in 1996, following the success of a radical economic reform program. It joined NATO in 1999, and, following finalisation of negotiations with the European Union (EU) in December 2002, Poland joined the EU in May 2004. Poland was a founding member of the World Trade Organisation (WTO) in 1995 and has been a member of the Organisation for Security and Cooperation in Europe (OSCE) since 1996.
Economic Overview
The Polish economy has been enjoying a long period of strong growth across all sectors, however it is expected to gradually slow down in coming years. GDP growth in 2007 was 6.6 per cent, higher than earlier forecasts. The Economic Intelligence Unit (EIU) forecasts GDP to decelerate to 5.4 per cent in 2008 and to slow 4.3 per cent in 2009. Inflation is forecast to rise gradually (4.2 per cent in 2008), but high unemployment (around 12.8 per cent) will limit the increase. In 2007, the budget deficit stood at 3.7 per cent of GDP. The EIU forecasts that the deficit will grow to 4 per cent during 2008.
In June 2008, Poland’s finance minister indicated that Poland could introduce the exchange rate mechanism (ERM2) in 2009, one of the final steps in preparation for transition to the Euro. Poland is well on its way to meeting the criteria set out under the Maastricht Treaty, with the Prime Minister suggesting recently that Poland could adopt the Euro in 2012.
Bilateral relationship
Australia maintains an Embassy in Warsaw. Visa and migration issues are handled by the Department of Immigration and Citizenship’s office in Warsaw. Austrade is also represented in the Australian Embassy in Warsaw. Poland is represented in Australia by the Polish Embassy in Canberra. Poland has also established a Consulate General in New South Wales and Consulates in Queensland, Victoria and the Northern Territory.
Bilateral agreements between Australia and Poland include: Investment and Promotion and Protection Agreement (1991); Double Taxation Agreement (1991); Extradition Treaty (1999); Air Services Agreement (2005); and a Joint Communiqué on Cooperation in Environmental Technologies, Goods and Services (2006).
The Polish community in Australia plays an important and active role in the overall relationship. According to 2006 census figures, about 164,000 people of Polish ancestry live in Australia, nearly half of them born in Poland. The Polish community is active in promoting people-to-people contact and commercial and academic ties through a number of community organisations, bilateral business councils and institutes. Several famous Australian landmarks, including Mt Kosciuszko, were named by Polish explorer, Paul Edmond Strzelecki.
Bilateral economic and trade relationship
Australia's commercial interests in Poland are relatively modest. Direct merchandise exports to Poland in 2007 were around A$27 million, while imports from Poland were worth A$291 million.
Australia’s major export items to Poland in 2007 were medicaments (around A$4.4 million) and alcoholic beverages (around A$2.6 million).
In 2007, Australia’s major imports from Poland included ships and boats (A$24.5 million), goods vehicles (A$26 million), vehicle parts (A$21.5 million) and furniture (A$30 million).
Major Australian exports to Poland (2006-07):
- Medicaments (including veterinary) – A$4 million
- Alcoholic beverages – A$3 million
- Measuring and controlling instruments – A$1 million
- Telecommunications equipment – A$1 million
Major Australian imports from Poland (2006-07):
- Transport vehicles – A$29 million
- Furniture – A$27 million
- Ships, boats and floating structures – A$24 million
- Motor vehicle parts – A$16 million
There are increasing opportunities for Australian wine, foodstuffs, meat, sheepskins, education, IT, environmental and waste-management technologies in Poland.
The total value of Australian investment in Poland is roughly estimated in excess of $2 billion. The number of major Australian investors in Poland has risen from just two in 2005 to more than a dozen in 2008. Amcor Polska (the Polish operation of the Australian packaging company Amcor) represents Australia's biggest commercial operation in Poland. Australian companies have made promising inroads in less traditional (non-commodities) areas such as packaging, food handling and processing, beverages, building and construction, education and environmental technologies and mining equipment. Macquarie Bank is currently managing a global infrastructure fund that has invested in DCT Gdansk, a deep sea container port under construction in Gdansk, Poland. The total investment is valued at about 180 million Euros (A$311 million) and is the largest greenfields investment in Poland for some time. There is potential for growth in Australian investment in these and other areas as the Polish economy further expands, incomes rise and demand diversifies.
The framework for commercial relations includes an Investment Promotion and Protection Agreement and a Double Taxation Agreement, both signed in May 1991, and a Joint Communiqué on Cooperation in Environmental Technologies, Goods and Services signed in February 2006.
For advice on doing business in Poland, see the Austrade's website.
Export Opportunities
Education and Training
In 2007, there were 2181 enrolments by Polish
nationals in education institutions in Australia, with
preference for vocational training and English
language courses and the numbers growing in 2007.
Hospitality, tourism, business and IT are
also popular. This makes Poland our sixth largest
education market in Europe. Austrade in Poland
organise numerous marketing activities, such as fairs,
missions, seminars to assist Australian education
institutions to build strong market presence.
Infrastructure
There are opportunities for government and privately funded projects to improve road, rail and environmental facilities. Poland is planning a major expansion of its highway network, which is in poor condition and almost entirely lacking in modern tollways. Opportunities exist for Australian investors and experts in PPPs (Public Private Partnerships) as this business model has just been fully legislated for. At a seminar organised at the Warsaw Embassy, Macquarie Bank made presentations to relevant Polish authorities on Australian PPP best practice models.
Poland as well as Ukraine will be hosting the European Soccer championships in 2012 (Euro 2012). This will boost investments and infrastructure projects in Poland.
Sporting facilities infrastructure
Construction and modernisation is planned for 6 staid in Poland with an estimated investment of €30 - 100 million each and seating capacity for 45,000. The projects will including new roofing, enlarged car parks in addition to infrastructure developments in surrounding areas both residential and commercial. The estimated value of these projects and investment in sporting facilities alone is €1.2 billion.
These projects will include ICT and transport solutions:
ICT
Security (access control, monitoring, etc)
Ticket sales management
Transport management (public transport, parking etc)
Safety (road safety, health etc)
Events management
Transport
- Roads, railroads, waterways, airports
- 1000 km of motorways
- 1500km of dual carriageways
- Modernisation of 1,500 railway connections
- Construction of 8 airports
Information and Communication Technology
The Polish IT market is in a long-term uptrend, developing at a stable and sustained pace. In 2007 it expanded by 25% (in US$ terms), making it the fifth consecutive year of double-digit growth. Austrade is currently promoting Australian IT expertise in such areas as road safety (RedflexPly Ltd) and traffic control (Tyco), intelligent mapping (Aerometrex) and VoIP technology (Freshtel), but also in niche segments (mining, governance risk and compliance management, multimedia and content management solutions) where Australian companies compete successfully with international players.
Environment Products and Services
The Joint Communiqué on Cooperation in Environmental
Technologies, Goods and Services, signed by the then Minister
for Industry, Tourism and Resources, the Hon Ian Macfarlane MP,
and the Polish Minister for Environment, Jan Szyszko, came
into effect on 17 March 2006.
The Communiqué provides for the development of
cooperation between Australia and Poland in the field
of environmental technologies, goods and services. When
Poland acceded to the European Union in 2004, it became
eligible to receive substantial assistance from the EU
Cohesion Fund to upgrade its environmental infrastructure,
practices and technologies. Poland sees Australia as an
alternative source of these technologies from
its traditional suppliers in the EU and the United States.
The arrangement facilitates the acceptance of
Australian environmental technologies, goods and services by
Polish purchasing authorities. As a result Australian
exporters will be able to assist local Polish authorities
in improving their environmental infrastructure, practices and
technologies to meet EU requirements. Areas of
collaboration covered by the arrangement include:
- environmental impact assessment and management of the environment
- pollution monitoring and reduction
- management of hazardous chemicals
- ozone protection through alternative technologies
- conservation and sustainable use of biodiversity
- development of technologies, goods and services for environment protection
Waste management and green energy sectors present a particular opportunity. The Polish Government has recently approved the National Municipal Wastewater Treatment Programme. By the year 2015, the sewage system will have been extended by 21 thousand km and 1163 wastewater treatment plants will be built, developed and/or modernised. This will present niche business opportunities for Australian partners with the relevant technologies and know-how.
Aerospace and Defence
There is scope for Australia to supply defence equipment to Poland as it sets about meeting its NATO obligations. Austrade is working with the Defence Materiel Organisation based London on a strategic approach for several Australian companies.
Mining and Minerals Coalmine Rehabilitation
According to UK Invest, Poland is one of top three mining opportunity markets in the world after China and India. With the imminent privatisation of a number of mining enterprises in Poland, Austrade commenced opportunity-scoping work with several Australian companies. A comprehensive Mining Sector Report was prepared by Warsaw Post for the Queensland Government outlining specific areas of opportunity, potential partner enterprises/ mines and tenders.
Oil and Gas
Poland intends to find and document resources of 6 billion tonnes of oil and about 40 billion cubic metres of natural gas. Currently, there are about 90 active exploration sites. This is part of an aggressive policy by the Polish Government to rebuild its domestic oil and gas industry and could open up some potential new business matches for Australian companies.
The support of government bodies and the ramping up within the oil and gas industry in Poland could create partnering opportunities for Australian businesses with the relevant know-how and technologies, interested in linking up with Polish businesses seeking international partners.
Textile, Clothing and Footwear
Leather, coarse wool tops, skins and hides offer opportunities.
Wine
Australian wine exports to Poland have increased on average by 41% over each of the past five years. This is from a low base and there is still significant growth potential in the market.
“Taste of Australia” is an annual event in Poland organised by Austrade to raise awareness of the quality and value of Australian wines and to promote Australian wines already available in Poland along with new Australian wines and new exporters.
Trade Successes
Australian company Entech continues to win contracts in
Poland for its technology in thermal treatment of hazardous
wastes.
SUBARU IMPORT POLSKA Sp. z o.o - an exclusive
Polish importer of Subaru cars, has signed a contract to
implement the DNA PROGRAM (DataDotDNA VIN product)
- developed entirely by Australian Company DATADOT Technology
Ltd. - throughout their entire range of cars commencing
March 2006. Subaru Import Polska Sp. z o o is the first
importer in Europe to adopt across the board marking of
their vehicles with DataDotDNA.
Macquarie Bank made 11 significant investments in
Poland including the development and management of a deep sea
container port at Gdansk.
The Macquarie Group Property Fund (MGPA) holds a 70% interest in the luxury apartment project in Warsaw valued at around $390 million. MGPA also has a joint venture with London and Regional Properties Ltd to purchase a prime 40 storey office building in Warsaw.
Macquarie Countrywide Trust is purchasing 5 shopping malls in Poland with a total value of around $377 million.
Macquarie Goodman is developing a logistics centre and warehouse in the Pomeranian free economic zone at Torun.
Macquarie Capital Alliance Group (MCAG) in conjunction with other Macquarie related entities, have taken a 53% stake in the Netherlands-based European Directories which has 50% ownership of Polskie Ksiazki Telefoniczne (PKT).
Australian Opal Property Development (The Meydan Group) acquired post industrial areas in the city of Lodz, to be converted to trendy residential warehouse style living and luxury apartments. This investment also involves export of Australian services and capabilities in architecture, design, property development and sales. Sydney based Beach House Films produced the internationally acclaimed commercial for Zywiec beer, Poland’s flagship brand.
Bovis Lend Lease is currently managing nine projects for companies in Poland including Apsys, Electrolux, LG electronics, Neinver, and Parkridge CE Retail.
NSW-based company Tyco won tenders for supply of its traffic light control systems in three Polish cities, valued at A$8 million.
Amcor will build its third factory in Poland, costing around A$36 million, to manufacture packaging from foil for the food market. Amcor’s workforce in Poland is to increase to around 600 and its total investments include new storage facilities for raw materials and ready goods as well as a new office building.
More examples of successes are posted on the Austrade website.
Updated 17/07/07