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VISIT POLAND

Energising Kraków

This city is like a top-quality seasoning mix – unique, distinct, intriguing and surprising. Full of creative energy and passion. Full of creative people and unusual personalities. Visited by millions of foreigners, advertised in thousands of brochures, described in hundreds of press articles. Inspiring, energising and always on your mind - Kraków. >>

FENIKS Centre for Biological Rejuvenation

Located in eastern Poland, Nałęczów has exceptionally favourable microclimatic conditions. This health resort took advantage of the picturesque environment, with an abundant loess valley system, beautiful forests and vast plains with enchanting rivers. >>

Welcome to the Lublin region

There is a beautiful and exotic region in Europe, right in the centre of the continent, and at the same time on its periphery. The Lublin region is located in one of the greenest and most ecological and cleanest regions of Europe. Here are located Poland’s largest Janowskie and Solska Forest complexes. >>

Health by water…

Already the ancient Romans knew about the therapeutic qualities of water – the popular term “spa” derives from the Latin sanus per aquam – health by water. Water therapy offered in today’s spas includes holistic treatment by seawater extracts and mineralized mud, and a variety of massage and bathing programmes. Water treatment is very relaxing and strengthens body and soul. Water is one of the main treatment methods in the Afrodyta spa centre in Radziejowice, where we offer a broad range of hydrotherapy, from traditional to most advanced. >>

Ciechocinek – Poland’s heart in Central Europe

For more than 170 years health resort visitors have been discovering a place in the very heart of Poland where they can restore their health thanks to the unique properties of thermal brines. Thousands of people are regaining their health and finding peace among the hundreds of thousands of flowers in the shade of historical graduation towers and amidst the sounds of music. Ciechocinek can also be your place on earth. >>

Giżycko – the taste of Masuria

Welcome to Giżycko – the largest town on the Great Mazuria Lake Route, located on the narrow isthmus between Niegocin and Kisajno Lakes. This is the place where nature dazzles you with its richness, where clean water and crystal clear air are the perfect incentives for sailors, windsurfers, kiting and kayaking enthusiasts, divers, horse riders and anglers. >>

Poland for the inquisitive and active

The Polish landscape and cultural traditions are inspirational for many types of active holidays. You only need to have an idea, the will and stamina. >>

Boats on wheels

The Elbląg Canal is one of the world’s two waterways ever built in which a system of inclined planes was applied (the other one was the Morris Canal in New Jersey in the United States which is no longer in use) to overcome elevation changes. This marvel of hydraulic engineering was designed at the beginning of the 19th century by Dutch engineer Jakob George Steenke, as Jerzy Bojanowicz reports. >>

Polish Market

ECONOMIC MONITOR

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• ● In December 2009 and January 2010, as in previous months in the second half of 2009, the Polish economy stood out against other countries in terms of GDP growth. Poland’s economic growth was higher than projected and higher than in other European countries.
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• In 2009 construction output increased by 3.7%.
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• Retail sales increase in most product groups.
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• On the Warsaw Stock Exchange, stock prices were very volatile in January 2010.
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• At the end of December 2009 the registered unemployment rate (claimant count rate) amounted to 11.9% versus 11.4% in November.
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• At the end of January the president signed the 2010 budget bill into law. The bill was adopted by the parliament on December 18.
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• In the fourth quarter of 2009 the Polish economy turned out to be more resistant to the global crisis than had been projected and than the economies of Polish neighbours, something which boosts optimism in forecasts for 2010 and the next years.
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PODCAST

• Why do Israeli property developers pick Poland?

• New Polish president’s economic priorities

• Storm over homoerotic art show at Warsaw’s National Museum

• Poland’s new president Bronislaw Komorowski: a pragmatic, pro-business, euroenthusiast

• Poland and OECD innovation strategy

• How to make the Polish economy more innovative?

COMING UP

18th International Defence Industry Exhibition >>

Biotechnological Cracow >>

WEEKLY MARKET ANALYSIS

Retail sales up again in June
Retail sales growth in nominal terms accelerated in June to 6.4% y-o-y from 4.3% y-o-y in May. The increase was higher than expected. In real terms, retail sales growth accelerated to 4.5% y-o-y from 2.0% y-o-y. June was a consecutive month with retail sales figures stronger than expected, which indicates that consumption is recovering after it slowed significantly at the beginning of the year. Private consumption is driven by an improvement on the labour market coupled with a rise in disposable incomes. In Q2 2010 retail sales grew by around 3% y-o-y in nominal terms and around 1% y-o-y in real terms. On the basis of retail sales and industrial production data, it can be estimated that the GDP growth rate was close to 3%.

MARKET INFO

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