Britain is one of the most important destinations for Polish entrepreneurs. According to different sources, as many as 30,000 companies in the UK were established by Polish investors. Additionally, around 85,000 Polish nationals are self-employed or work as sole traders in the UK. In 2015, out of 650,000 new companies registered in the UK, over a quarter of them were registered by non-British citizens, and Polish nationals were the biggest group among them.
New Polish investments and acqusitions in the UK – LPP, a major clothing retailer and one of Poland’s biggest companies, signed a lease for a premium location on London’s Oxford Street. Amica, a Polish domestic appliances manufacturer, acquired a British distributor for over £24m. Another major acquisition was carried out by Press Glass, a glass processing company, which bought a British-based company Glass Systems. SKB, an engineering firm specialising in drivetrains, bought Webster Drives, a 130 year-old Bolton-based manufacturer. Zencard, an innovative company with a technology enabling consumers to benefit from discounts and loyalty programmes through payments with credit and debit cards was supported by Level39 – one of the most widely-known technology accelerators. Freshmail, a company offering modern solutions for e-mail marketing, already has two offices in the UK – in London and Reading where it relocated its headquarters.
So far, the UK’s Department for International Trade has supported around 250 companies from Poland, which have declared an intention to invest nearly £400m pounds and employ over 2,500 people in the UK.