Warsaw maintains its position as Poland's most attractive city for investors

According to a ranking by Gdansk Institute for Market Economics (IBnGR), Warsaw remains the city most attractive to investors. Its main advantages are the absorptive power of the market, good technical infrastructure, best transportation, and good conditions for conducting business. Poznan has significantly improved its 1999 position in comparison to the leader, and now holds second position. Other towns listed as the best choice for investment are Krakow and Wroclaw, while Gdansk, Szczecin and Opole fall into category B. With regard to business promotion activity by local authorities, Warsaw fell into the second category, and in the third with regard to the costs of conducting business. According to IBnGR, Poznan is most active in business promotion, while the cheapest place for investment is Gorzow Wielkopolski. Warsaw suffers mainly from high labor costs, 30% higher than in Katowice and 70% higher than in Gorzow Wielkopolski. (Rzeczpospolita, p.B2) J.K