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The Warsaw Voice » Business » April 30, 2010
Business&Economy
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Poland Attractive to Portuguese
April 30, 2010   
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Poland has become an attractive investment destination for Portuguese companies, according to the Polish-Portuguese Chamber of Commerce, which is marking its second year in business this year.

Poland is the largest market for Portuguese investors in Central and Eastern Europe, and the fourth most popular investment destination in the world for Portuguese companies, the organization says.

The largest Portuguese investor in Poland is the Jerónimo Martins Group, whose Biedronka chain of supermarkets is the largest retailer in this country, with over 1,500 stores. Other major Portuguese investors include Banco Comercial Portugues, which is the largest shareholder in Bank Millennium, and Mota Engil, a construction enterprise that is building freeways and expressways in southern Poland.

Over the past two years, Portuguese investment in Poland has been chiefly stimulated by the renewable energy sector, according to the Polish-Portuguese Chamber of Commerce. Last year the EDP Renováveis company opened the largest wind farm in Poland. About 90 businesses with Portuguese capital are active in Poland. By the end of 2008, Portuguese investment in Poland approached 400 million euros.
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