Poland as the destination for Shared Services Centers

50 Poland as the destination for Shared Services Centers
Population 750,100
Area 293.3 sq km
Main investors ABB, Bosch-Siemens, Dell, General Electric, Gillette, Hutchinson, Indesit,
Procter & Gamble
Existing BPO centers Atos Origin, Bosch-Siemens, Citi Group, Comarch, Fujitsu Services, General
Electric, Indesit, mBank, Phillips (Infosys), Teleca, UniCredito
Infrastructure
One of the key advantages associated with Łódź’s location is the close proximity of Warsaw.
In the near future the city will be connected with the capital by means of a modern motorway
and fast railroad. Following the modernization of the railroad tracks, the travel time is expected
to be reduced from more than two hours to approx. 60 minutes. In the upcoming years, a large
road transport junction will be built on the outskirts of Łódź (near Stryków – about 17 km north
of the center of Łódź) connecting motorways A1 and A2 and national road S8.
Roads Motorways: A1 from Scandinavia via Gdańsk, Łódź, Katowice to the
Balkans, A2 from London via Brussels, Amsterdam, Berlin, Poznań, Łódź,
Warsaw, Minsk to Moscow and national road S8 – continuation of A8 from
Paris and Geneva via Germany to Warsaw
Railways Railway connections to the majority of Polish cities. The main railway line
is E20 (Frankfurt on the Oder River – Poznań – Warsaw – Terespol)
Airports Władysław Reymont Airport in Lublinek (6 km from the city center):
no. of flights in 2008: 4,194; no. of passengers in 2008: 341,788
Special Economic Zones Łódź Special Economic Zone
Real estate
The insufficient number of new apartments coming onto the market in Łódź can be seen as
a problem. The situation began to improve in 2007 following a radical increase in the number
of construction permits issued to residential housing developers, who in that year alone began
to construct 37 new projects (more than 2,000 new apartments). Due to the global credit crisis
many of these projects have been temporarily put on hold.
The office space market continues to develop rapidly mainly due to the systematic influx
of foreign direct investments in Łódź. According to forecasts, office space currently under
construction and in the pipeline amounts to some 300,000 sq m, however these projects will
probably be completed in phases depending on the requirements of tenants. It should be noted
that despite increasing demand the price of rental in Łodź remains lower than in other major
cities in Poland like Warsaw, Cracow or Wrocław.
Dwellings completed (2008) 2,399
Dwellings stock (end of 2008) 336,285
New apartments – average price per sq m (end of 2008) PLN 5,700 (approx. EUR 1,240)
Office space stock (end of 2008) 113,000 sq m
Vacancy rate (end of 2008) 9.5%
Office rental prices (per sq m) EUR 10-16
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