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KOTRA Invest Korea Hosts ‘Korea-Poland Business Forum’
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Summarized by durumis AI
- Invest KOREA, along with the Polish Investment and Trade Agency, hosted the ‘Korea-Poland Business Forum 2024’ to support Korean manufacturing companies' investment and entry into Poland, providing investment environment information and free in-depth consultation opportunities.
- The forum consisted of sessions such as an introduction to the Polish manufacturing investment environment, an analysis of key investment opportunities, and sharing of SK Hynix's global R&D experience, and it also provided in-depth information on market entry strategies for the reconstruction of Ukraine.
- To support Korean companies' investment and successful settlement in Poland, Invest KOREA has established and operates ‘Korean Investment Business Support Centers’ in 20 locations in 15 countries around the world, including Warsaw. To support overseas expansion through M&A, it has established and operates 37 M&A hubs in 26 countries.
This initiative was launched as part of follow-up support for economic diplomacy after the President's visit to Poland in July last year.
Provides information on Poland's manufacturing investment environment and opportunities for free in-depth consultations.
KOTRA (President Yoo Jung-yeol) and the Polish Investment and Trade Agency held the 'Korea-Poland Business Forum 2024' at the Westin Chosun Hotel in Seoul on the 25th of this month.
This forum was organized to support Polish investment and advance our manufacturing companies by the Invest Korea (Invest KOREA), the national investment attraction agency, in collaboration with the Polish Investment and Trade Agency. This is a follow-up to the state visit to Poland in July last year, aimed at continuously expanding economic cooperation between the two countries.
In the first part of the forum, the Polish Investment and Trade Agency introduced the overall investment environment in the manufacturing and R&D sectors under the theme of 'Poland, the Center of Innovation and Technology'. Following this, the Invest KOREA Investment M&A team presented an analysis of key investment opportunities in Poland by industry, and SK Hynix shared its overseas business operations and global R&D experiences. In addition, in the second session, under the theme of 'In-depth Study of Poland', detailed information on market entry into the recently attracting Ukrainian reconstruction market was presented along with detailed information on each sub-sector.
In the afternoon consultation session that followed, customized consulting was provided on △investment environment △law △taxation △M&A deal information, etc., through consultations with Invest KOREA, the Polish Trade and Investment Office, and local law and accounting firms, for participating companies that had applied in advance.
Meanwhile, IK operates 'Korea Investment Enterprise Support Centers' in 20 locations in 15 countries around the world, including Warsaw, to support investment entry by Korean companies and successful settlement of advanced companies. In addition, it has established 37 M&A hubs in 26 countries to support overseas expansion through M&A. It provides consulting services for the entire M&A cycle, from deal discovery to post-merger integration.
Kim Tae-hyung, CEO of Invest KOREA, said in his congratulatory speech, "Poland is Korea's largest trading and investment partner in Eastern and Central Europe, and Korea is the largest non-European investor in Poland, making the two countries important partners for each other." He added, "In the future, the economic cooperation between the two countries will diversify and become more sophisticated in advanced industries such as clean energy, next-generation batteries, and electric vehicles, making them even more important as future-oriented partners."
Website: http://www.kotra.or.kr
Contact
KOTRA
Public Relations Team
Lee Eun-hwa
02-3460-7025
