Poznan is a city with a population of 575,000 in west-central Poland. It is the capital of the most affluent voivodeship of the country, with flourishing agriculture and industry, inhabited by over three million people. The city lies halfway between Berlin and Warsaw.
The people of Poznan value tradition but they also learn quickly and are open to the world. This favourable mixture of characteristics has won the approval of a group of independent experts from the Empirica Institute of Bonn and the "Wirtschaftswoche" weekly, who have counted Poznan among the cities with the greatest potential for investors. On a list of 150 cities from Central and Eastern Europe, Poznan ranks as high as fifth. Similarly, the latest report of the national Institute for Economic and Developmental Research brings information that, after Warsaw, Poznan is the second most investment-friendly Polish city.
The city owes its high position to the International Trade Fair, commercial exchanges, banks, modern companies and universities, as well as the quality of its labour market and the political stability of its residents, which are higher than in other regions.
Poznan is the commercial capital of Poland. The Poznan International Fair successfully competes with exhibitions in Leipzig, Hannover and Milan as the rising markets of Central and Eastern Europe strive to attract business people from all over the world. Forty specialised exhibitions, salons and meetings are held annually on the PIF exhibition grounds.
Presently, there are 86,000 private companies in the city. Foreign investment between the years 1990 and 2004 amounted to $4.3 billion.
Poznan is a research and university centre with a dynamic potential. 120,000 students are enrolled in 19 state-run and private institutions of higher education here. The largest of them are: Adam Mickiewicz University, the Poznan University of Technology, the University of Economics, the Agricultural University, and the Karol Marcinkowski Medical Academy.
The arts in Poznan - a city of commerce, business and science - have always played a special role. One can find here theatres and theatre festivals (including the famous Malta International Theatre Festival), concerts, galleries, and ensembles that perform in concert halls around the globe. Music connoisseurs all over the world are familiar with the Henryk Wieniawski Violin and Violin-Making Competitions, the Poznan Musical Spring, and international jazz festivals.