WUI (Writing under the influence)

Somebody once said we are all Americans, sometimes born in the wrong places.
On a warm autumn day in 1986, while enjoying beer with my college buddies,
I decided to join my new homeland.

I've come to appreciate the ideals that helped create this great country.
Liberalism, political-correctness, multiculturalism and moral equivalence
are destroying it.

This old house Grovenet Wal*Mart Visiting Poland American wine better than French.

Thursday, October 20, 2005

 

Poland open for business

Many American businesses are leaving the US to do business in Asia. With lower taxes and fewer unreasonable regulations it just makes sense. But the situation is Western Europe is even worse. Maybe that's why many US politicos are not paying enough attention.

Something that many people in the US don't realize is that American business are also investing in Eastern Europe. For example, "American automobile component manufacturer Delphi [which recently filed for bankruptcy in the US] signed an agreement with the Polish government to expand its research and development center in Krakow." The deal will create 264 jobs for high-skilled engineers in Krakow.

IBM, together with a consulting firm Capgemini will invest about $10 million for various IT-related projects. A call center employing 500 people will be opened by Affiliated Computer Services.

IBM will also open a new software laboratory in Krakow employing 200 software engineers. Intel has a software lab in Gdansk.

What's more ironic is that many Asian companies want to invest in Eastern Europe as well.

Korean tiremaker Hankook is considering the Czech Republic, Hungary and Poland as possible sites for a $600 mln factory after Slovakia fell out of contention, a Hankook representative said.
The deal will create 1,600 jobs by 2008. But that's not all.

Hankook, which also has factories in China, wants to expand overseas production to Eastern Europe to supply Kia Motors Corp. and France's PSA Peugeot Citroen, taking advantage of lower taxes and cheap labor costs.

Kia, South Korea's second-biggest carmaker, is building a EUR 1.1 bln factory in Slovakia that will produce 300,000 vehicles a year.
Another Korean company, LG Phillips, will invest EUR 429 mln in a LCD screen factory in the southern town of Kobierzyce. The deal will create 12,000 new jobs.

There is more.

Volvo [is it Swedish or American?]will receive EU's funds for an investment project in the further development of production capacity at the Volvo Bus plant in Wroclaw.
Volvo employs 2,000 people in Poland.

Toyota has several plants in Poland that opened between 1999 and 2002. Thanks to high sales and strong growth prospects, Toyota will be increasing employment to 6,000.

Michelin Poland is "in the middle of a EUR 253 mln investment to increase production capacity" of its plant in Olsztyn despite weaker results in 2005.

The unemployment in Poland is still the highest in Europe and hovers around 17%. This makes Polish labor very attractive to foreign investment. The Polish government, on the other hand, sweetens any deal with tax moratoriums and various grants.

In fact, Poland ranked recently as the eighth most attractive location for business in the world.

Comments:
Being 100% Polish, yet 4th generation American, I've kept a close and interested eye on my Motherland (to where I someday hope to visit). During the late 80's I read that 95% of Poles were practicing Catholics (I am too). I always imagined that this religious faith might be what carried the Polish people through the darkest days of the Cold War and, possibly, is the reason they were among the first to rise up from behind the Iron Curtain. Today I read stories of a dramatic decrease in Catholicism in Poland and a rise of popular social secularism. Is this true? If so, what are the causes and what might be the repercussions? In my opinion, secularism has been a major part of the downfall of Western Europe. I believe America will always be strong (economically, politically, and militarily) so long as our people maintain a strong Judeo-Christian religious belief system.

-Woj
 
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