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Increased Manufacturing of Electrical Goods in Poland

Written by: Editor

Increased-Manufacturing-of-Electrical-Goods-in-Poland.jpgThe total number of large electrical goods manufactured in Poland increased significantly during 2013-2016. The industry had a significant evolution, mainly due to the foreign investments in Poland and the beneficial investment regime. The demand for Polish washing machines, fridges or dishwashers remained high because about 90 percent of these types of products are exported.

Electricals production in Poland 

 
The total production of large electrical goods increased by 25 percent between 2013 and 2016. The value of these white goods was estimated at 17 billion PLN in 2015. Poland is an important producer of fridges, washing machines, dishwashers, air conditioners and others. The market is an important one that even rivals the Asian manufacturers.
 
Poland exports 90 percent of all its major appliances and its main export partners are Germany, the United Kingdom, France, Italy, and Russia. Washing machines are the most exported type of large electrical appliance manufactured in Poland.
 
Entrepreneurs who want to invest in the Polish electronics industry must observe the legislation for investments. A Polish law firm can provide the needed legal assistance during the company incorporation procedure and afterward, in all aspects regarding legal compliance.

The electronics market in Poland

 
The low of foreign direct investment in the electronics sector in Poland has been increasing and foreign capital is the driving force behind Poland’s ability to produce white goods. The demand was mainly fueled by the increase in exports. There are currently more than 20 production plants that manufacture major appliances in Poland. Exports are regulated and one of our attorneys in Poland can give you more details about the laws in force.
 
Investors choose Poland because of the advantageous location in Europe, the trained workforce and the lower production and employment costs compared to the ones in other EU countries. Low logistics costs and a developed transportation network are two other reasons why investors choose to invest in Poland.
 
The country has a number of Special Economic Zones where foreign investors have access to a special taxation regime as well as office and manufacturing facilities.
 
If you want to know more about investing in Poland you can contact our Polish law firm for detailed information about the laws and requirements for investments.