Polish foreign investments reach record high, U.S. market grows in importance

Last year, foreign investments by Polish companies reached a record 43.7 billion PLN (10.04 billion EUR), marking a 64% increase compared to the previous year and a 228% rise from 2021, according to "Puls Biznesu." 

Polish foreign investments soared to a record 43.7 billion PLN (10.04 billion EUR) in 2023, with growing focus on the U.S. market, where Polish IT and gaming sectors have made notable gains.

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The newspaper notes that most Polish investments in 2022 were concentrated in Europe, particularly in Luxembourg and the Czech Republic, with investments amounting to 19.5 billion PLN (4.49 billion EUR) and 18.7 billion PLN (4.30 billion EUR), respectively.

Investments in the USA accounted for a smaller share, totaling just over 2 billion PLN in 2023. However, the Polish IT sector has a strong presence in the USA, exemplified by Comarch, which earned 215 million PLN (49.45 million EUR) in 2023.

Also present in the USA is Asseco, operating through the Israeli group Formula Systems, and the Polish gaming industry.

CD Projekt achieved significant popularity in North America, generating 872 million PLN (200.56 million EUR) in revenue in 2023, largely due to the success of "Cyberpunk 2077" and its expansions.

Experts predict that Polish entrepreneurs' interest in the American market will grow, driven by attractive investment programs and tax benefits.

Source: PAP/”Puls Biznesu”

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