With a population of about 672,000, Łódź is is a major investment destination in central Poland. It is a city where the two major roads that run through the country meet (east-west E30 and the north-south E75), meaning it is a location with superb access for businesses and has a strong infrastructure for investors.
Łódź has emerged and established itself as a commercial and logistics hub, with a relatively close proximity to the capital city Warsaw (140 kilometres) making access to the rest of the country practical.
Industrial strengths driving companies to invest in Łódź
Łódź has many industrial strengths and continues to thrive across numerous sectors. As a city that was built and has grown around the textiles industry historically, it now boasts a more diverse economy.
In recent years, companies and leaders looking to invest in Łódź have seen potential in the emerging advanced technologies industry, biotech and life sciences, as well as AI.
Economic zone status encouraging companies to invest in Łódź
One of the more significant investment strengths of Łódź is the business-friendly initiative that created the Łódź Special Economic Zone (LSEZ).
Created in 2020, it is designed to attract inward investment in the city and create ideal and profitable conditions for enterprises of all sizes and across all industries.
Built on Łódź having an excellent location, a highly educated workforce and numerous tax incentives for new and expanding businesses, the zone has enabled consistent growth in multiple sectors.
Supported by the Łódź Chamber of Industry and Commerce, the zone does not merely support investment opportunities.
Operationally, those working for the LSEZ are also involved in the logistics of starting and operating from Łódź, a significant strength for those looking to invest in the city.
Those working within the zone can take advantage of business support and assistance at every stage of their investment process, supporting entrepreneurs as they invest in Łódź.
Investment strengths stretch beyond tax incentives
As the third largest city in Poland, Łódź has a vibrant and strong education and scientific presence. With businesses often collaborating with academic institutions and research facilities, those looking to invest in Łódź are assured of a prosperous landscape for new and established business enterprises.
Throughout the city, there are about 20 public and private higher education institutions, further cementing these collaboration opportunities.
As mentioned, the ŁSEZ offers tax incentives for companies and individuals looking to invest in Łódź. The city’s investment strengths, however, extend beyond such financial initiatives and extend to both domestic and foreign investors.
Increased foreign investment in Łódź
In the past couple of decades, the investment strengths of Łódź have been noticed and enjoyed by more and more international companies.
With companies including Indesit and Gillette opening operations in the area, the investment strengths of the city are increasingly showcased.
Another reason companies are looking to invest in Łódź is its growing importance in the outsourcing arena. The city has rapidly emerged as one of the most significant and largest outsourcing centres in Poland.
Companies including Phillips, Fujitsu Technology Solutions, Infosys and Hewlett Packard have opened operations in the area, taking advantage of the central location of Łódź, as well as Poland within Europe.
The drive to invest in Łódź is also enhanced by the stream of well-qualified graduates and high-tech specialists that make starting up in the city more attractive to business owners and corporations.
With the now established Automation and Robotics Technical School, the advanced tech sector is attracting more to invest in Łódź as the sector strengthens.
More start-ups continue to invest in Łódź
In addition to tax incentives and financial support offered to existing small and medium-sized enterprises, Łódź also represents a favourable investment and location option for start-ups.
Showcasing another major investment strength of Łódź, the LSEZ offers a bespoke and targeted acceleration programme specifically for such fledgling companies.
The numerous initiatives within this are designed to encourage and support investors to come to the area, combining the potential and creativity of innovative SMEs with the experience, resources and infrastructure of large enterprises.
Investors in start-ups across Łódź are highly represented in the IoE Hub, a technology innovation hub established in cooperation with CIC Warsaw.
Not only does this provide investment opportunities for new enterprises, it also has an infrastructure designed to create and develop networks of connections between innovators and business.
In terms of investment strengths, when looking to invest in Łódź, the attractive landscape of initiatives and networks continues to draw new opportunities in the region.
Information, Statistics and Data from Statista, Łódź Chamber of Industry Commerce, Invest in Poland, Łódź Special Economic Zone (LSEZ)