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Nearly 18% of Polish firms plan investments in next 3 months - study

Analysis

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According to a study released by Poland's National Debt Register (KRS), 17.6% of surveyed entrepreneurs intend to carry out investments in their own development, news agency PAP reports.

"The number of companies that plan to invest in their development in the near future is growing," the authors of the study 'KoronaBilans MŚP' emphasized.

Medium-sized enterprises (36.7%) and companies from the manufacturing sector (25.5%) are most willing to invest their funds. The least willing to do so are microenterprises (81% of negative responses) and representatives of the construction industry (78.6%). More than half of the companies who plan investments intend to buy equipment or machines in the next three months.

The study also shows that the percentage of companies open to employing new staff increased by over 7 percentage points from 14.7% in February to 22% in May. Forty-three percent of medium-sized companies and 46.4% of companies in the construction industry plan to recruit employees. However, 71 .2% of companies who intend to increase staff, would do it by no more than 10%. In turn, 8% of employers are considering layoffs.

The study was conducted in April and May 2021. It covered a group of 301 companies from the SME sector, including: micro (employing 3-9 people), small (10-49) and medium-sized enterprises (50-249)

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