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Poland’s economy is strongly dependent on exports - approximately 75 percent of which are sent to the EU. Sixty percent of Poland’s imports come from the EU. Poland is the most important eastern European trading partner for businesses in Germany. And it is widely accepted as a good and stable place for direct foreign investments. Poland is ranked fifth on the list for the world’s 60 most attractive investment sites. For sites in Eastern Europe it is ranked second.
Since the introduction of the market economy all the significant economic players have set up shop in Poland. Poland is an especially attractive place to invest for telecommunication and service providers. In 2004 exports from Poland exceeded 59 billion Euros. When the financial amount, and the number of small and medium sized companies that have invested in Poland are taken into consideration, Germany is Poland’s most important economic partner.
Reforms in the previous decades have created areas of opportunity. Since 1989 the number of medium sized firms in Poland has increased three-fold to approximately 400,000. These businesses generate around 60 percent of Poland’s gross national product (GNP). The number of employed and the investment volume have increased correspondingly.
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