Poland: Growth despite crisis
Business destination
Even with the economic crisis, there was only one business destination in the EU that still recorded strong economic growth: Poland. Business is still developing strong and business travel reflects this clearly, 4hoteliers.com reports.
The facts about Poland are amazing:
- During the economic slowdown in the worldwide economy, Poland was the only country in the region and among 27 European Union countries that recorded gross-domestic-product growth.
- GDP rose in 2013 by 1.6% year over year, and the IMF forecasts economic growth at the level of 3.2% and 3.4%, for 2014 and 2015 respectively.
- Since political transformation in 1989, Poland has achieved foreign direct investment total value of more than €160 billion ($218 billion), according to the Polish Information and Foreign Investment Agency.
- Poland accounts now for 3.4% of all jobs in the outsourcing sector in the world, according to Jones Lang LaSalle.
- Poland has invested greatly in expansion of airports, including Gdansk, Poznan, Wroclaw, Rzeszow and Katowice; modernization of railway stations and railway lines; expansion of the energy sector; and the construction of four stadiums for UEFA Euro 2012.
- There have been major investments in road development. From 2007 through 2013 almost 2,500 kilometres of motorways were constructed and further 775 national roads were built or rebuilt.
Further reading on 4hoteliers.com