Wednesday, September 13, 2017

Poland enjoys economic growth similar to what is happening in the US under Trump

Poland is quietly becoming an economic powerhouse in Europe. It is now third in EU with the highest increase in employment. But, Poland is enjoying the greatest success in manufacturing. According to 2/3 of all new jobs in this sector are in Poland. Some of the biggest names in the industry have some kind of manufacturing in Poland, if not the whole products they make parts there: car engines, brakes etc.

Polish made buses slowly conquer more and more markets in the EU. Not just any buses, e-buses. Largest Polish tractor manufacturer few months ago opened an assembly plant in Ethiopia and now it's talking about producing e-buses and e-cars as well.

Today, Moody's for the third time in as many weeks upgraded it's economic forecast for Polish economy. Congrats!