International companies reinvest more profits in Poland
According to a report by Grant Thornton, foreign companies reinvested in the development of their Polish branches over EUR 9.5 billion or 52% of earned income last year - the highest amount since 2003.
Authors of the report wrote that several years ago, the reinvestment rate was usually around 25-40%. This may indicate that Poland, with its growth and expansion of the internal market, is gradually approaching the status of a developed economy, enabling investors to have attractive rates of return.
The report also showed that foreign businesses were less willing to pay out and transfer the income generated in Poland to other countries. In 2020, it amounted to EUR 6.98 billion or 39% of profits, the lowest nominal value in 5 years and the lowest percentage since at least 2003.