Poland most attractive investment destination in region – EY

Poland is the most attractive investment destination in its region and ranks sixth in Europe as a whole, behind Great Britain, France, Germany, Spain and Belgium, according to a new survey by professional services company EY.

According to EY, the whole of Central and Eastern Europe (CEE) attracted 1,598 foreign direct investment (FDI) projects in 2018, compared to 1,621 a year earlier.

Poland, having attracted 272 FDI projects last year, was much ahead of its CEE peers including Hungary (101 FDI), and Czech Republic (65 FDI).

Sectors which attracted the most foreign investment in Poland include automotive parts production, transport, logistics and the chemicals industry, EY partner Pawel Tynel pointed out.

According to EY's managing partner, Jacek Kedzior, Western Europe was recognised globally as the best location for placing FDI. "Importantly, Central and Eastern Europe ranks second just before North America and China," he said.

EY conducted its Attractiveness Survey Europe between January and February among over 500 decision-makers internationally.