The report from Ernst & Young placed Warsaw 6th in terms of attractiveness for new investment, with the authors noting that “competition between European cities for investment has never been more equal — or intense.”
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.
A Japanese automotive parts manufacturer, Mitsui High-tec (MHT), will build in Poland its first European factory of motor cores for hybrid and electric cars, the Polish Investment and Trade Agency (PAIH) said in a statement on Tuesday.
Michelin will invest PLN 169 mln (EUR 39 mln) in its plant in Olsztyn (north-eastern Poland) to increase production, the company said in a press release.
The director of Iraq's National Investment Council, Ahmed al-Zubaidi, in Warsaw for a two-day Polish-Iraqi Business and Investment Forum, has said he wants Poland to be more active on the Iraqi market.