Wednesday, 2 April 2014

Week 5: Entrepreneurship in Poland



I would like you to read/watch the presentation Entrepreneurship in Poland  published at http://konwersatorium3.blogspot.com/2014/03/week3-entrepreneurship-in-poland.html and  comment on/discuss it.

11 comments:

  1. Polish companies are successful in many different areas. I think it is worth adding to those already mentioned - 3 companies - that stand out in the markets of Europe and the world too.

    1. Europe's leading manufacturer of windows - Drutex is focused on international expansion. Outside Europe, the company sells its products in the USA, Australia and Mexico. The window from Drutex have been installed at the New York Hilton. The company received the title of Ambassador of the Polish Economy in the category "European brand" as a company that promotes Polish brand in international markets, in a competition organized by the Business Centre Club. http://www.drutex.pl/en/about-us/history.html

    2. Second, existing since 1983 in the Polish cosmetics market company, which enjoys great popularity and reputation, which I would describe is the Cosmetic Laboratories Dr Irena Eris. Number of staff members which at the inception of the company amounted to 1, now stands at 800. Every month, manufacturing plants leaving more than 200 million pieces of high quality products, purchased in more than 40 countries (among which the largest recipient of are the United States, Lithuania, Russia and the United Kingdom). The distribution network includes cosmetic stores, pharmacies, supermarkets and beauty salons. That’s very impressive, indeed. http://drirenaeris.com/en/

    3. And the third company that I want to describe is Polish fashion retailer LPP SA in Gdansk. This one has created and introduced to foreign markets brands such as Reserved, House, MOHITO, Esotiq or CroppTown. The company was founded in the early 90s. First Reserved store was opened in Poland in 2000, and two years later, the brand has entered into foreign markets, including Estonia, Czech Republic, Ukraine, Slovakia. In subsequent years, premiered at the Russian market had CroppTown and Esotiq in Romania. Today LPP SA is a retail network, which includes a total of 310 stores overseas, Reserved, House and CroppTown in 10 European countries. If somebody want to read more: http://www.lppsa.com/company/history

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  2. LPP SA is really an international brand with the international way of doing things, too. My friend is working there for few years now and from what I've heard, it's really a dream job - directing TV spots and photo sessions in Thailand, choosing models from the international model agency, flying all over the world in order to make the best advertisements etc. Of course, Polish people are not really keen of those who are succesful, so this company had to face the strong criticism as their logo was found in collapsed factory building in Bangladesh. It turned out that they're registered in one of the "tax paradise" countries in order to avoid paying additional fees required, for example, in Poland. I couldn't see the problem with that, but a lot of people did.

    Don't forget about CD-Project, authors of the first internationally famous Polish video game - The Witcher. They're responsible for making Sapkowski famous abroad, too! I was really happy when I've read some comments about The Witcher on international online video game shop, gog.com. People wrote that despite them being pirates and downloading almost every single-player game illegaly, they have decided to pay for The Witcher in order to thank the developers for treating clients so well.

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  3. Another big polish company which has not been mentioned yet and sells its goods outside Poland is Black Red White - I think many of you has at least one piece furniture made by them at home;-)

    In terms of Foodcare - now they have huge problems due to the fact they lost case in court against Dariusz Michalczewski - as they were using his nickname although the quotation expired.a And the compensation is valued around 50 mln zloty as I recall.

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  4. Less recognizable but very successful Polish companies are:

    -Can-Pack SA from Cracow - it's the biggest manufacturer of aluminum packagings for chemistry and food industry in Poland and Eastern Europe. Can-Pack cooperates with Russia, Emirates, Turkey, Spain and UK. The company is just about to build an eco friendly can factory for about 100 ml euro.

    -Fakro – another window producer. Nowadays the company is a world lieder in window industry and it has 15 per cent shares on world market.

    -Comarch – a IT company registered in Cracow, has started to exist in 1993 r. thanks to J.Filipiak a professor of AGH Academy and his 12 students. The companies success is based on creating IT solutions for sectors such as : telecommunication, finance, banking, trade and services. Comarch has reached from its licenses sale about 72,5 ml zł. The companies shares incomes has just exceeded 1 mld zł.

    More examples at:
    http://wyborcza.pl/56,75248,9756772,Polskie_firmy__ktore_odniosly_sukces_zagranica.html

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  5. I think that Lpp Sp. z o.o. is one of most recognizable company in Poland. It have in its portfolio such brands as Mohito, Sinsay, Cropp, House Reserved. It is not only seling products in Poland but also in Estonia, Latvia, Lithuania. It has about 1300 shops all over the world!

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  6. When I think about successful polifh company INGLOT comes to my mind. It is company which has beauty products in it's offer. And it is well known both in Poland and all over the world. Inglot team does not spend money on advertising they focuse on preparing best product for good prices. So good quality is the most important thing there.
    Inglot has many shops, even on the Time Square in New York! Imagine that:D. As far as I am informed thay are still developing.

    http://www.inglot.pl

    I always keep my fingers crossed for polish brands:)

    I also heard that people from Poland did some great stuff with 3D printers but I don't know the details…

    And only this year our fashion had its moment. Our fashion designer appeared on Paris Fashion Week for the first time ever - I am talking about Gosia Baczyńska. This is a great deal for her company. Her fashion is becoming recognisable all over the world…:)

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  7. Izabela Litwin I think you mean about company called Zortrax. After started campaign on kickstarter, people from dell contacted with them, and finally bought 5000 3D printers.
    Here is kickstarter spot showing this product:
    https://www.youtube.com/watch?v=WLjo60BkLPQ

    I think we have in Poland many small companies that are for sure entrepreneurial, but often these companies are acquisition by bigger, with foreign capital.

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  8. @Przemek yes, that's what I had on my mind, thanks:)

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  9. I don't know any stories, myths or legends about successful companies, either polish or foreign, and I couldn't care less - as long as it's not my own company.
    When I buy a product, or use a service provided by a company - usually I haven't got a slightest idea about where it comes from, and I never understood why do some people make such a big fuss around this - as if they automatically assumed that 'our' stuff must be superior.

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  10. Not far to look, we have Asseco - a Polish IT company, which is the 6th largest software vendor in Europe. They started from producing software for small cooperative banks, then successively expanding their activity.
    The other example is from my surroundings, the small enterprise established by my good friend. He and his wife are manufacturing hand decorated occasional cakes, mostly, but also bags and small scenographies. Nowadays there are many enterprises like this, springing up like mushrooms, which are in many cases very successful.
    And of that we, Poles, can be very proud.

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  11. The only success I can think of is Witcher games. I know that they are considered pretty awesome outside Poland and it's cool. Although I still hear the stories of how CD-Project is a bad company.

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