US second largest foreign investor in Poland - report
The US is the second largest foreign investor in Poland, with a capital commitment reaching USD 30 billion, according to a recent report by international consultancy McKinsey & Company and the American Chamber of Commerce in Poland (AmCham).
Authors of the "Partnership for the Decades" report said that currently, over 1,600 US firms operating in Poland employ nearly 330,000 people, generating more than USD 88 billion in operating revenue.
US foreign direct investments (FDI) in Poland are primarily focused on manufacturing and account for approximately 38 percent of the committed capital or nearly USD 11.6 billion. American firms present in the country also hold assets worth over USD 75 billion in total.
"Strong macroeconomic fundamentals, resilience to external shocks, and a consistent focus on competitiveness have positioned the country as a credible partner for long-term investment at scale," the authors wrote.
Among the prime examples of US business presence in Poland, they mentioned companies involved in the development of the country's first nuclear power plant and offshore wind farms. In the area of defence, 3M, PepsiCo, Boeing or Lockheed Martin were listed as US corporations who create manufacturing, logistic and engineering hubs in Poland, out of which they serve markets across the European continent. (PAP)
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