Lodz named best city for business in Central and Eastern Europe

Grzegorz Michałowski/PAP

The Polish city of Lodz has been named the most attractive city for business in Central and Eastern Europe in the Business-Friendly Perception Index 2021 published by the Emerging Europe website.

"Lodz is the first city in Poland, apart from Warsaw, to have received the prize," said Emerging Europe's founder Andrew Wrobel.

The city, with a population of over 670,000, beat off challenges from Prague, Ljubljana, Budapest and Kiev to take the award, Emerging Europe's Craig Turp-Balazs wrote.

The accolade will add further gloss to Lodz’s growing reputation as a dynamic and forward-looking city. Once beset by economic stagnation following the demise of its traditional industrial base, Lodz has flourished as a base for business process outsourcing, while the rejuvenation of its centre has started to pull in tourists.

Apart from coming first, Lodz has also won two of the Index's eight categories, the business climate and the support from local authorities, Turp-Balazs added.

Some 100 cities in the region took part in the Emerging Europe competition.

Emerging Europe is an analytical website that focuses on emerging markets in Central, Eastern and South-Eastern Europe as well as the South Caucasus.