Report ranks Poland as second most attractive country for industrial investors

In a recent Healey & Baker (H&B) report on which countries and cities are favored by foreign investors, Poland was named as an attractive localization for industrial production, second only to Germany. However, the Warsaw rankings were lower than last year's in certain sectors, such as the cost of labor, from second position to fourth this year, access to the client and the market, from 14th place to 17th, knowledge of foreign languages, from 22nd to 26th place, and the efficiency of the domestic transport system, from 24th to 26th position this year. Investors complained about business development conditions owing to the government's taxation and finance policy, pollution of the environment and accessibility to the qualified work force. However, despite all the above mentioned drawbacks, when companies were asked about their future expansion over the next five years, Moscow and Warsaw were mentioned most frequently. (Rzeczpospolita, B3) P.J.