We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » October 22, 2008
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Warsaw Less Appealing to Investors: Report
October 22, 2008 By L.¯.    
Article's tools:

Warsaw moved down from 19th to 24th place among the most business-friendly cities in Europe, according to the latest European Cities Monitor from global real estate consultants Cushman & Wakefield.

As last year, the report named London as Europe's most business-friendly city. Paris came second and Frankfurt was third.

The European Cities Monitor is based on interviews with senior managers and board directors in charge of location for 500 of Europe's largest companies. In addition to the overall ranking, cities are ranked according to a number of criteria such as transport links, telecommunications, access to markets, availability and quality of staff, cost of office space, and quality of life.

Warsaw topped the list in terms of cheap labor, followed by Bucharest and Budapest. At the same time, the Polish capital has moved down in terms of availability of qualified staff. "Only 23 percent of those surveyed say they know Warsaw, while our nearest competitor Prague, the capital of the Czech Republic, is known to 34 percent of Western managers," said Marek Noetzel of C&W's Polish office.

C&W named Barcelona as the city with the highest quality of life, ahead of Brussels, Zurich, Düsseldorf and Manchester.

London came top in six of 12 categories comparing cities as attractive investment locations, including access to markets and qualified staff.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE