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2007 A record year
( 08 / May / 2008 )
Foreign direct investments (FDI) worth 12.834 billion EUR flew into Poland in 2007, suggests the preliminary report by the National Bank of Poland (NBP). This is almost a billion more than last year.
In comparison to 2006, there was a noticeable change in the structure of FDI. ‘An increase in reinvested profits as opposed to company’s capital contributions also proves the creditworthiness of the Polish economy’, stated NBP President Mr Sławomir Skrzypek. EU countries are responsible for 85% of the total FDI, with France and Germany representing the leaders (17.7% and 17.2% of FDI respectively). Austrian investment accounts for over 8%, Italy and Sweden for almost 7%. As could be expected, USA takes the lead among the outside-EU investors with 10% of total FDI, followed by the Dutch Antilles, South Korea and Japan.
An inflow of almost 13 billion EUR foreign direct investment enabled Poland to rank on top among the new EU member states, in terms of volume of FDI; followed by the Czech Republic with slightly over 6 billion EUR, Bulgaria with almost 6 billion EUR and Hungary with approx. 4 billion EUR. The remaining ‘new’ European countries (without Malta and Romania) jointly attracted 9 billion EUR worth of FDI.
With respect to business sectors, the largest sums were located in the industrial processing sector (20%), services related to the industrial processing sector (almost 20%), financial services (15%) and trade and repairs (almost 12%). The complete figures on FDI inflows for Poland in 2007, incl. adjustments for e.g. capital in transit (sources of finance, which have only been accounted for in Poland), will become available in the third quarter of 2008.