Exports, led by electrical goods, reach a record high
This is the best result in the history the post 1989 economy. Despite wide fluctuations in the value of the złoty, the rapid pace of economic growth has been the main engine behind the growth of exports. During the first eight months of 2006, Polish companies exported products worth EUR 59 billion, which is 20% higher than in the same period last year. This is also an especially good year for companies manufacturing electrical goods, as the exports of these shot up by 39% as compared to the same period last year. No doubt 2007 will prove to be even a better year as new factories will be launched by Sharp, Toshiba, TPV, AOG and LG. Even copper exports broke all records, rising by 100% thanks to soaring global copper prices. (Rzeczpospolita, October 14-15, p. A1) M.M.