Miele will open a factory in Poland
Miele, a German manufacturer of domestic appliances has announced it plans to build a new manufacturing plant in Poland. The factory will be situated in a special economic zone in Ksawerów commune near Łódź. Companies that want to invest in special economic zones need to obtain a special licence first. Miele has just been granted such licence and thus got a green light for starting the endeavour.
The main purpose of the factory will be manufacturing of washing machines. Launch of its operations is planned for the first half of 2020. German manufacturer is expected to hire as much as 350 staff members, which is certainly good news for the inhabitants of the region. Construction works are to begin in April next year. Currently, the investment is in the early phase, as company representatives are currently selecting and buying the parcel of land where the factory walls will rise. Erecting the plant will cost approximately 200 million PLN, i.e. 50 million EUR.
The factory will produce thousands of washing machines a year. Most of them will leave Poland and be exported to Germany and other countries. Miele brand, synonymous with high-end domestic and commercial equipment, is present in 47 countries all around the globe. It started operations over 100 years ago, in 1899. In the business year 2016/2017 the company recorded sales in the amount of 3.93 million euro.
Recently, Polish Deputy Prime Minister and Minister of Finance and of Development, Mateusz Morawiecki, stated Poland is becoming a European leader in manufacturing of white goods. In the country there are already thousands of people employed in the industry. “We are becoming a significant development centre for the industry” – said Morawiecki. Foreign investors choose Poland due to attractive labour costs, a substantial pool of skilled professionals and good location – in the heart of the European continent.
Investment Outlook and Business Perspective
Poland remains one of the most attractive investment destinations in the European Union. With GDP exceeding EUR 650 billion, Poland is the sixth largest economy in the EU and the largest in Central and Eastern Europe. The country has maintained positive economic growth for over three decades, including through multiple global crises.
Foreign direct investment in Poland continues to grow, driven by the country’s strategic location, skilled workforce, EU membership, competitive costs, and improving infrastructure. Key sectors attracting investment include manufacturing, technology, business services, logistics, and financial services.
For investors considering entry into the Polish market, proper structuring of the investment vehicle is crucial. The choice between a sp. z o.o. (LLC), S.A. (joint-stock company), branch office, or joint venture depends on the investment size, sector, tax considerations, and long-term strategic objectives. Professional advisory can help optimize the structure from both operational and tax perspectives.
If you are doing business in Poland or considering entering the Polish market, Zalewski Consulting can help. Learn more about our company formation in Poland, or contact us for a free consultation.
About Zalewski Consulting
This article was prepared by the Zalewski Consulting editorial team. We provide professional company formation, tax advisory, bank account opening, and legal advisory services in Poland. Contact us for a free consultation.
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