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Polish machine tool market is in strong demand

by:Gewinn     2022-05-01
In 2009, Poland was the only country in the EU to achieve economic growth. In 2010, the Polish economy continued to grow by 3.7%, the highest growth rate in the EU. With the debt crisis looming over the EU and the weak performance of traditional EU economic powers such as France, the UK and Spain, Poland is gradually growing into a new economic leader in Central and Eastern Europe and even the entire EU economy with stable economic growth. Poland is the largest economy in Central and Eastern Europe. Since the 1990s, the Polish economy has maintained an annual growth rate of about 4%, which is twice the average speed of the EU. In the current round of economic crisis, the Polish government has maintained stable growth of the national economy with its excellent response. Exports, domestic demand and investment are the 'troika' that drives Poland's economic growth. Since the second quarter of this year, the economy of the euro zone led by Germany has rebounded strongly, driving the recovery of Polish exports and the growth of manufacturing. Poland's exports this year increased by nearly 20% year-on-year, becoming the main driving force for economic growth. In addition, international capital is also returning to Poland in large quantities. Under the impact of the debt crisis, Greece, Ireland, Portugal and Spain have slipped into the quagmire one by one, and Italy, Belgium and other countries are also in danger, while Poland, with its healthy economic growth and financial system stability, plus not joining the euro zone, will not be affected by The direct impact of the debt crisis is regarded by many international capitals as the only 'safety island' in Europe. Goldman Sachs, BNP Paribas and many other investment banks have rated Poland as the best investment destination in Europe. The restoration of confidence in Polish investment in the capital market will provide financial support for the further growth of the Polish economy. The development of Poland's economy has prompted Poland to have a strong demand for basic equipment. However, due to the long-term economic layout, the proportion of machine tool manufacturing in Poland's manufacturing industry is relatively weak, resulting in 70% of the machine tools need to be imported, for many international machine tool manufacturers. The company has brought huge business opportunities. In 2011, DMG and MAZAK set up production bases in Poland, and Siemens, FANUC, AMADA, OKUMA and other companies also set up offices. In 2011, the sales of each company in Poland increased greatly. While the export volume of large domestic enterprises to Poland has increased, some new machine tool manufacturers such as Guangzhou CNC, Dalian Feida, and Dezhou Delong have also entered the country of Poland and have achieved good sales performance in Poland. While Poland is increasing the import of machine tools, in order to improve the competitiveness of domestic machine tools, it also encourages domestic enterprises to strengthen technology introduction and international cooperation. The internationalization process of Chinese machine tool manufacturing enterprises has played a role in promoting the internationalization process. , Buma Company and Huading Heavy Machine Tool Co., Ltd. cooperated to develop high-end railway CNC special machine tools for processing and repairing high-speed railway EMUs, urban rail transit and subway vehicles axles and wheels. With the further development of Poland's economy, Poland's import of machine tools will further increase in the next few years, which will be another potential export market for machine tool exports.
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