Mazovia Region with Warsaw – the capital of Poland – is the leader of changes and the fastest developing region of Poland. Young, well qualified staff, low unemployment and the highest rate of employment – all these testify to high economic development of the region. Mazovia shows high internal diversification with a nationwide potential in nearly every field: science, research, education, industry and infrastructure.
As the CEE’s biggest financial and economic hub, Warsaw is Poland’s premiere destination for investors. Its GDP per capita is three times higher than the Polish average and the purchasing power of its inhabitants dwarfs that of most other Polish cities, providing investors with a substantial local consumer market. Almost 1 billion euro in FDI was plowed into greenfield investments in Warsaw in 2010, leaving other European capitals behind, according to the local investment authority. The Warsaw Stock Exchange meanwhile is Central Europe’s leading bourse, ranking first in terms of volumes in the second quarter of 2012, according to the IPO Watch Europe report published by PwC. In terms of stock exchange offering value, it came in third.
The city has also attracted significant and direct outsourcing, shared-service and IT investments from international firms attracted by the city’s well-prepared labor force. Indeed Warsaw is also Poland’s top academic center (2 universities, Technical University, Agricultural University, Medical University, Warsaw School of Economics, National Defence Academy and many others), and the most important destination for R&D in the country. Its young, motivated and highly skilled workforce has international experience as well as strong foreign-language skills. Other key industries include insurance, telecommunications, pharmaceuticals, construction and food processing. Tourism has also received a boost due to the promotional effects of Euro 2012 and the Chopin Year in 2010. The city witnessed a major acceleration of infrastructure investments ahead of the Euro 2012 soccer championship and is expected to get a second operational metro line in 2014. Two international airports – Chopin and Modlin – connect the city to the rest of Europe and the world.
- area with a large concentration of companies also foreign;
- the highest level of income per citizen;
- location in trans-European transport corridors; well-developed railway network and the largest airport in the country ensuring connections with the big cities in the country and in Europe;
- area with the highest level of innovations; outlays on R&D activities are one of the highest in the country;
- importance of the region is stressed by Warsaw – capital of the country and the region, as well as a city of international importance;
- Warsaw is characterized by the highest dynamics of economic changes in the country, large pool of qualified labour, high rate of privatization in the state sector;
- central siting at the crossroad of commercial routes;
- economics leader: the highest rate of participation in gross domestic product – 21.6% of the Polish GDP;
- first position in Poland in gross domestic product per capita – about 160% average;
- Warsaw Stock Exchange is the largest in the Central Eastern Europe.
- Almost half of biggest companies in Poland are located in Warsaw
- In 2013 there were over 740.000 economic entities registered
|Special Economic Zones (fragments)||Tarnobrzeska
|Industrial & Technology Parks||Płock Industry and Technology Park|
Sectors with huge potential
- Food industry