Over the last 25 years, not a single industrial firm that could be considered a multinational company with global footprint and recognition emerged in Poland. Does this mean that Polish enterprises are afraid of growth? Or perhaps are unable to scale up their advantages, i.e. grow without losing control? Or maybe they meet structural barriers that are difficult to overcome?
These are the questions the latest WISE report and panelists in the “Rapid growth strategies of Polish industrial companies” attempted to answer. The following experts took part in the debate: Ryszard Florek, President of the Board at Fakro Sp. z o.o., Adam Krzanowski, President of the Board at Nowy Styl, Krzysztof Domarecki, President of the Supervisory Board at Selena FM S.A., Jan Filip Staniłko, Director of Industrial Programme at WISE, Tomasz Kalwat, President of the Board at Synthos.
The task of building a large industrial corporation with durable foundations is not a banal one. Moreover, as the next chapters of the report will illustrate, Polish industry is dominated by branches of structurally regional nature – regional processing and global innovation for local markets. In fact, the willingness to look for rapid growth globally is rather low among Polish firms, and the number of producers competing on a global scale – especially those present on fastest-growing emerging markets – is miniscule.
The largest Polish industrial companies are characterized by lower productivity and lower exports than foreign enterprises operating in Poland – WISE’s report shows. Polish entrepreneurs claim, however, that Polish forms are able, without any impediments, beat any foreign competition. What is standing in their way?
We kindly invite you to read the report “In search of dynamics and scale. Strategies for growth and transformation of Polish industrial companies” by Jan Filip Staniłko, Director of Industrialization 3.0 Programme at Warsaw Institute for Economic Studies.
