Invest in Digital Poland Report for Foreign Investors 2021

Poland is among the top 10 destinations globally for investment in the STEM area. Poland is also a leader in the modern services sector in the region. Both in terms of the number of research and development centers and employment in the industry. Interest in investments in modern technologies is growing. And the pandemic, paradoxically, has accelerated this trend – according to the Invest in digital Poland report 2021. It was prepared by the Digital Poland Foundation and the Polish Investment and Trade Agency.

The fifth economy in Europe

Poland is the fifth economy in Europe. And one of the 10 in the world that in 2020 attracted the most investments in greenfield projects. There are those built from scratch, in the STEM area, according to fDi Markets data. In all projects of this type, $177.3Bn of foreign direct investment flowed into Europe last year. As much as 11% of this went to Poland, and the value amounted to over $20 bln. In the overall ranking, Poland took a high third place in Europe. Just behind the Great Britain and Germany, ahead of France and Spain.

All direct foreign investments in the world in 2020 amounted to over $528B. Poland’s share in greenfield investments amounted to almost 4%. In turn, Poland’s share in all greenfield projects in the STEM area was 2.8%. And Poland was ranked 5th in Europe and 10th in the world, just behind Canada and Mexico.

Poland is also a leader in Central and Eastern Europe in terms of foreign direct investment. Over 30% of direct foreign investments in greenfield projects, which were located in the CEE region, were found in Poland. Interestingly, in 2020 Poland was ahead of Russia for the first time in this respect. The difference was over $0.5B in favor of Poland.

An ideal place for startups

12B euro is the amount that PE/VC funds have invested in Poland. According to the Digital Champions CEE report, Poland ranks first in terms of the number and total capitalization of the largest technology companies in the CEE region. Our country is also an ideal place for developing all kinds of startups. Espacially whose innovation and maturity of concepts are appreciated all over the world. It is also confirmed by the CEO World Magazine survey results, in which Poland was the seventh most startup-friendly country. We are also slowly becoming an essential research and development center for global players from around the world. In 2014-20 years 420 research and development centers were established in Poland, which is the basis for the upcoming R&D boom. It was thanks to the SmartGrowth operational program, co-financed by the EU,

Investment projects in the modern services sector (BSS, R&D) are among the critical investments currently serviced by our Agency. It has been the most popular sector in PAIH’s investment portfolio for a long time. Since January 2021, we have completed 38 projects of this type with a total investment value of EUR 184 mln, and another 37 are underway. The total value of active BSS projects is EUR 121.9 mln, and the declared employment is 9,121 employees. It is proof that Covid-19 has not stopped investment in new technologies. On the contrary – we have seen much greater growth dynamics of such projects –  emphasizes Krzysztof Drynda, Chairman of the Polish Investment and Trade Agency.

Well educated employees are a magnet for investments

Several factors contribute to a good climate for the new technologies and modern services (BSS, R & R&D) in Poland. The first of them is the human factor. There is no shortage of well-educated employees in Poland who are open to innovation. They are the driving force behind this industry and a magnet for foreign investors. Suffice it to say that Poles are third in “The Best Developers in The World.” They are also considered to be some of the most hard-working programmers in the world. It is thanks to the specifics of the Polish higher education system.

A leader among the developing countries

The report includes numerous rankings of analyses confirming that Poland is a leader among the developing countries of the continent, especially in information technology. The report also provides the voice of experts who emphasize that taking into account the remarkable ability of Poles to adapt to innovation and the dynamic development of the Polish economy, in the coming years, we can expect an increase in the importance of Polish science in Europe and the world. An additional factor is that labor costs in Poland are still low compared to highly developed countries. Therefore, the value of human capital cannot be overestimated.

University centers

University centers are located in large and many medium-sized cities, enabling the academic community to cooperate with companies operating in their region. They quickly start using the acquired knowledge in practical conditions, thanks to this. In other CEE countries, one main university center is usually located in the capital region.

Good prospects for new technologies and modern services are confirmed by the trend of transferring services focused on advanced research and development to Poland. The geographical location is also essential, as it places Poland on the route of the new “Silk Road” and makes air connections with most European cities possible within a few hours.

The Invest in digital Poland report is the first study of this type in Poland. Over 25 organizations and nearly 60 experts participated in preparing the report. The report can be downloaded free of charge from the website of the Digital Poland Foundation here.

Read more of a digitization level of public services in Poland here.

And more about a boom for Polish startups in Central and Eastern Europe here.

IOI 2023: 3rd place for Poland

Poland hadn't had such a good result as in IOI 2023 since 2010 when Adrian Jaskolka took 3rd place! Poland won 1 gold, 1 silver and 2 bronze medals this time. The Chinese took...

CEOI 2023: 4 medals for Poland

In CEOI 2023 Poland won 2 gold medals, 1 silver, and 1 bronze – exactly as many as in CEOI 2022. CEOI (the Central European Olympiad in Informatics) for high school students has been...

EGOI 2023: 4 Medals for Girls from Poland

All Polish girls won medals in the 3rd European Girls' Olympiad in Informatics (EGOI 2023). 186 female participants from 52 countries participated in the competition. Poland shared first place with Ukraine (2 gold medals,...

Polish Blik wants to conquer Europe with mobile payments

It is Poland's most popular mobile payment method, which few people know is of Polish manufacture. Its owner is PSP company – a conglomerate of 6 Polish banks backed by Mastercard. Now it is...

Widmo Spectral Technologies: The Underground Georadar Revolution

Spectral GPR is an innovative device similar in operation to Google Street View. However, it operates underground, bringing with it enormous potential for applications. It all started with a "golden train" that disappeared 80 years...

Jakub Dwernicki from Poland has businesses worth $0.7 billion (cyber_Folks and Vercom) but hopes for more

Jakub Dwernicki from Poland owns two billion-dollar listed companies. They are cyber_Folks (with a valuation of $0.3 billion) and Vercom ($0.4 billion). They have 350,000 customers and 50 acquisitions to their credit. The former...
We use cookies to personalise content and to analyse our traffic. We also share information about your use of our site with our analytics partners. View more
Cookies settings
Accept
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active

PoLAND of IT masters: Information Hub

Privacy Policy

Address of our website is: hub.landofitmasters.pl

What data do we collect?

Our Company collects the following data:
  • A unique ID is used to generate statistical data on how the visitor uses the website.
  • Determining the preferred language of the visitor and setting the language accordingly on the website, if possible.
  • Used by Google Analytics to collect data on the number of times a user has visited the website as well as dates for the first and most recent visit.
  • Cookie used by Google Analytics to throttle request rate
How do we collect your data?
Our website collects the data about your preferred language with the use of a built-in widget and statistical data with the use of third-party provider Google Analytics.

How will we use your data?

Our Company collects your data so that we can improve the page's content and performance in future development.

What are your data protection rights?

Our Company would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following: The right to access – You have the right to request Our Company for copies of your personal data. We may charge you a small fee for this service. The right to rectification – You have the right to request that Our Company correct any information you believe is inaccurate. You also have the right to request Our Company to complete the information you believe is incomplete. The right to erasure – You have the right to request that Our Company erase your personal data, under certain conditions. The right to restrict processing – You have the right to request that Our Company restrict the processing of your personal data, under certain conditions. The right to object to processing – You have the right to object to Our Company’s processing of your personal data, under certain conditions. The right to data portability – You have the right to request that Our Company transfer the data that we have collected to another organization, or directly to you, under certain conditions. If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us. You can find our detailed contact information in the footer of this website or by following the contact link in the main menu.

Cookies

Cookies are text files placed on your computer to collect standard Internet log information and visitor behavior information. When you visit our websites, we may collect information from you automatically through cookies or similar technology For further information, visit allaboutcookies.org.

How do we use cookies?

Our Company uses cookies in a range of ways to improve your experience on our website, including:
  • Understanding how you use our website
  • Collecting information about your preferred language

What types of cookies do we use?

There are a number of different types of cookies, however, our website uses:
  • Functionality – Our Company uses these cookies so that we recognize you on our website and remember your previously selected preferences. These could include what language you prefer and location you are in. A mix of first-party and third-party cookies are used.

How to manage cookies

You can set your browser not to accept cookies, and the above website tells you how to remove cookies from your browser. However, in a few cases, some of our website features may not function as a result.

Privacy policies of other websites

The PoLAND of IT masters: Information hub website contains links to other websites. Our privacy policy applies only to our website, so if you click on a link to another website, you should read their privacy policy.

Changes to our privacy policy

Our Company keeps its privacy policy under regular review and places any updates on this web page. This privacy policy was last updated on 21 November 2021. If you make a request, we have one month to respond to you. You can find our detailed and up-to-date contact information in the footer of this website or by following the contact link in the main menu.  
Save settings
Cookies settings