Micro and small firms sentiment up in 2014
16:13
Business sentiment at micro and small-sized Polish companies improved significantly in relation to 2013, according to a report issued by the Pekao bank. The index measuring the sentiment reached 96.4 points, an increase by 3 points year-on-year. This is the highest score since the bank started its survey five years ago.
The report reveals that as much as 40 percent of micro and small firms are undertaking investment projects, while 26 percent of companies that are considered innovative intend to raise their spending on innovations.
Additionally, the study revealed that some 13 percent of companies were exporting goods abroad in 2014 and 24 percent used external financing.
The survey of 7,000 of micro and small-sized companies is conducted on a yearly basis by the Pekao bank.
