Warsaw is one of Poland's major industrial centers. It is home not only to many national institutions and government agencies, but also to many domestic and international companies.
According to figures published by the city's government, Warsaw's economy is largely based on the service sector, which employs more than 70 percent of the workforce. One of the biggest developments in this sector has been in banking and finance. The city is home to both the National Bank of Poland and Warsaw Stock Exchange, which reopened in 1991 after being closed down some 50 years earlier.
Warsaw produces 13,3 % of Poland's national income which per capita is estimated at around 290 % of Polish average. The nominal GDP (PPP) per capita in Warsaw was about $ 38,000 in 2007.
In 2007 Warsaw was ranked the 67th world's most expensive city to live in. Warsaw has the lowest unemployment rate in Poland - not exceeding 3%, according to the official figures - and companies operating in the city benefit from a well educated workforce that is attracted there from all over the country.
Warsaw, together with Frankfurt, London and Paris, is said to be one of the tallest cities in Europe. Eleven of the tallest skyscrapers in Poland, nine of which are office buildings, are located in Warsaw. And new structures are being proposed or build with every year.
Update 17/04/2008
If you want to move money abroad, from Poland or to Poland for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
Margin | 0.6% |
---|---|
Regulator | FCA |
Fee | £10 < £5K or Free > £5k |
Mini | £1K |
Ccy | All (130 currencies, incl ‘exotics’) |
Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.