Domestic corporations see investing abroad as easy way to beat the recession

Polish companies are increasingly seeking to invest abroad at the cost of the domestic market. As the home market shrinks more and more companies are coming to treat exports as a basic source of income and are taking the next logical step of investing abroad or in foreign companies abroad. This seems particularly true for Polish companies which are controlled by foreign concerns. Amica, a producer of white domestic appliances recently bought a Danish company, Gram Domestic A.S., which has a 20% share of the market in Denmark. PKN Orlen is actively looking to buy shares in oil companies across Europe. Recent company plans in the pipeline include the purchase of petrol stations with the Aral logo from British Petroleum, and taking over 62.99% shares in Czech Unipetrol together with Agrofert. Other concerns planning investments, who are already investing abroad are spread across all sectors of the economy. (Rzeczpospolita, p. B1) P.W.