Polish firms eye German and US assets as economy booms
Briefly

Polish firms eye German and US assets as economy booms
"Twenty years ago, when Poland was a new entrant to the EU, such a scenario would have been hard to fathom. The new generation of Polish business leaders was not concerned by old German stereotypes about the Polish economy. They do not feel intimidated or constrained by any lingering sense of inferiority. They take opportunities when they see them and, more importantly, they are trailblazing for other companies, setting an example."
"If this continues, what we may be witnessing is not simply a series of transactions, but more a generational shift in how Polish firms see their place in Europe. According to data compiled by Bloomberg, companies from Poland announced 22 acquisitions in Western Europe last year, the most on record. Germany has been a particular target, accounting for nine deals."
Polish companies announced 22 acquisitions in Western Europe in the previous year, the highest on record, with Germany being a primary target accounting for nine deals. This trend represents a significant change from 30 years ago when the phrase "Poles are coming" carried negative connotations. A new generation of Polish business leaders, unburdened by historical inferiority complexes, confidently pursues acquisition opportunities and sets examples for other companies. Economists describe this as a watershed moment in Polish-German economic relations, reflecting Poland's emergence as one of the EU's major economic success stories. The shift suggests a fundamental change in how Polish firms perceive their competitive position and opportunities within the European market.
Read at www.dw.com
Unable to calculate read time
[
|
]