EC: Polish industry competitivity improved but lacking

A report of the European Commission rates Polish industry to be low in terms of competitiveness, but slightly more competitive than in previous years, reports IAR news agency on Thursday. The most competitive countries, according to the EC, are Germany, Denmark, Ireland and the Netherlands. On the other end are Slovenia, Bulgaria and Poland, as well as 10 other countries. Nelli Feroci, EU Commissioner for industry and entrepreneurship enumerated Poland’s three main problems: low research and development investing, lack of crucial new technologies in energy infrastructure and high bureaucracy. However, Poland also has several positive industry factors, including a developed domestic market with a high level of demand.