Opportunities in Poland for Northern Ireland Companies

Author

Olive Hill, Executive Director of Strategy
Invest NI
Jun 18, 2015

Invest Northern Ireland is taking a Trade Mission to Poland and the Czech Republic 19-23 October.

The five day mission will focus on Warsaw and Prague.

Export advice and guidance

Our expert Trade Team in Belfast will be on-hand with advice and guidance to help you prepare for the mission. We have also appointed an in-market trade advisor who can provide tailored market research and arrange individual appointments for your company. The cost of this service is subsidised by Invest NI.

Poland - Market

Poland is the largest of the newer European Union (EU) member states. It has been one of the fastest developing countries in the EU in recent years. In 2014 its Gross Domestic Product (GDP) increased by 3.3%, well above the EU average.

Poland is located at the crossroads of European trade and transport routes. It can be an entry point to other Central and Eastern European (CEE) countries as well as emerging markets further east.

€85.2 billion from EU structural and cohesion funds for the years 2014 to 2020 will be invested in a range of projects in Poland.

There are a number of Northern Ireland businesses, exporting to Poland including Brookvent a manufacturer of energy saving ventilation systems and Acksen who are manufacturers of portable data loggers.

Benefits for Northern Ireland businesses exporting to Poland include:

  • Huge domestic market with over 38 million consumers
  • English increasingly spoken, particularly by the younger generation
  • Strong, dynamic economy
  • Gateway to emerging markets of eastern Europe
  • Direct flights between Belfast and Poland

Strengths of the Polish market include:

  • Strategic location
  • €85.2 billion from EU structural and cohesion funds will be allocated to Poland for the years 2014 to 2020
  • Young, well-educated workforce
  • Vast experience in trade with eastern Europe
  • Investment incentives in Special Economic Zones (SEZ), business and technology parks

Opportunities

Poland offers opportunities, particularly in sectors such as:

  • Energy
  • Infrastructure - Railways
  • Life Sciences
  • Security and Defence
  • Financial and Business Services

Things to think about

  • Polish legislation, although harmonised with EU requirements is complex
  • Find tax and legal advisers before entering into agreements
  • Products and packaging should meet EU standards
  • Labels should be all in Polish
  • Local product law may vary. The Polish Norms Committee is responsible for issuing standards and certification
  • IP law, especially for patent protection, is not totally harmonised within the EU. The Polish Patent Office has responsibility for intellectual property.

     

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