Poland sharply down in investment
16:00
According to experts Grant Thornton in their latest report "Investment plans of companies for 2020", between the third quarter of 2016 and the third quarter of 2019 (latest available data) gross fixed capital formation increased by 25.7 percent. (from PLN 79 to 99 billion). Unfortunately, 2020 will not be so good. The managers of medium and large companies surveyed by us still want to increase investments, but on a smaller scale than a year ago, experts argue.
The companies limit their investment plans, declining expenditure in all areas of activity. They want to save the least on employees, most on renovations and infrastructure investments.
“To conduct investments that can last 6-8, and sometimes even 12 quarters, a stable environment is needed, and that's difficult for us,” KIG economist commented.
