Warsaw is the largest city and business centre of Poland. Warsaw is one of the fastest developing cities in EU – the city is full of headquarters of many banks and many other worldwide known international companies. It has an extraordinarily dynamic stock exchange, and immense scientific and academic centre. Warsaw belongs to Mazovia historical region which is the one of the most dinamically developing regions in Poland and in Central-Eastern Europe. The region produces around 20% of the national income and attracts 30% of all foreign investment. Region‘s industrial potential together with well developed telecommunication infrastructure, agricultural capacity and very productive human resources, create an unlimited perspective and fast returns of the investments. Warsaw has one of the lowest uneployment rate in the whole country – it amounted to 3,4% in year 2016.
Before starting a business in Warsaw, it is very important to identify and decide the best industries for your company registration. Also, it is very important to decide if you want to buy an already running business (i.e. business for sale) or open business from zero with your preferred company name and the whole package of documentation. Our team is always ready to give you some good advice on what business to start, what company is the best for you to buy, what you need to know before starting company formation process, etc.
Especially Warsaw is full of business opportunities if you want to open a business that is related to agriculture, automotive, various business service, gas, IT and financial services. These sectors play the key role in all Polish economy:
Agriculture. Around 11,6% of total number of employees work in agriculture sector and contributes about 3% of total Poland‘s GDP. It is the fourth biggest sector in the country, moreover, this sector places Poland as the sixth food producer in the EU. Poland produces various kinds of fruits and vegetables, sugar beet, cereals, meat, milk production, etc. In the poultry segment, Poland is the biggest and most cost-effective producer in the EU.
Automotive is one of the key branches of the Polish economy due to the significance of the labor market. In 2015 Poland was ranked as the 8th largest car manufacturer in EU.
Business services consist of BPO, IT, SSC and R&D companies and it is one of the fastest developing sector in the country. As many capital cities in Erope, Warsaw beenefits from the global trend of centralization of back office functions to the foreign countries. During the last few years, this sector became one of the largest employers in the country.
Gas sector. Like most of the CEE (Central and Eastern Europe) regions, Poland relies on a single gas supplier (Russia) for the majority of its natural gas import. But the country is about the reorientation and modernization of the country‘s transmission system that will completely change the gas landscape in Poland. These projects are: the Northern gate, cross-border interconnectors, domestic infrastructure. Together with these changes, there comes new opportunities for your business.
To the above mentioned industries, Warsaw and the whole country Poland is rich with many various business perspectives, from IT to hospitality and tourism sectors. The country is very attractive to open business in various sectors because every business can find its own client. So, you are always welcome to enter new markets with any business idea – from a manufacturing company to the business service company.
And our professional team is always ready to help you if you want to open business in Warsaw or in any other city in Poland, no matter if you want to establish a new company with your preferred company name or you want to buy a running business for sale. Our aim is to ensure the best service for our clients!