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Home >  Poland >  Economy

Poland Economy



Poland Economy, just like its politics, underwent huge transformation after 1989. There were major changes in the field of politics and society like the advent of the Democratic set up, wide-ranging systemic reforms etc and these had direct effect on Poland Economy. The most successful example of a shift from communism to market economy, Poland Economy experienced liberalization after the return of Democracy in the country.

Agriculture in the Poland Economy is important but not equally profit earning. Where as a total work force of 16.1%is employed in Poland Agriculture, its contribution in the Gross Domestic Product or GDP is just 3.8%. However, agriculture definitely contributes to the Poland Economy as the country is a major exporter of processed fruits and vegetables. It is also the main producer of Potatoes and Rye in Europe.

Industries in the Poland Economy , before the Second World War, revolved around chemical, machinery, iron, coal, textile, and steel but today it includes, electrical machinery, electronics, fertilizers, petrochemicals, machine tools cars and shipbuilding. The Communist regime had to a great extent effected the Industrial sector of the Poland Economy but things were altered in the 1990's. There were reform programs acted as a boost both for the Industrial sector as well as the Poland Economy. Some of the important Polish Companies include:
  • PSE - National grid
  • Elektrim - Diversified utilities / mobile phone service
  • Fiat Poland- Polish branch of Fiat Group (former FSM), Builds Panda and Seicento
  • KGHM Polska Miedz - Copper mines and mills
  • General Motors Poland
  • Major Polish companies
  • PKN Orlen - Petrochemical corporation
  • Telekomunikacja Polska(TP S.A)- Telecom
  • PKO BP- Banking
  • Grupa Lotos- Petrochemical corporation
  • PZU- Insurance company
  • Warsaw Stock Exchange
  • PKP - National railway
  • Poczta Polska - Polish Post
  • FSO Motors - Former Daewoo FSO. Produces Lanos and Matiz automobile






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