Warsaw (Puls Biznesu) – Companies which got EU funds are far behind rivals, the recent poll made by government agency shows.
The Polish Agency for Enterprise Development (PARP) polled the companies which received EU funds for investment in the years 2004-2005. It turns out that the majority of them grew rapidly faster thanks to the subsidies. 95 percent of entrepreneurs say that their competitiveness rose. 96 percent believe that the subsidy improved the quality of their products or services. 89 percent say that their offer widened. 87 percent implemented modern technologies. 85 percent lowered costs of production. 80 percent increased profitability. 51 percent believe that their investment potential grew. 47 percent say that their brand is now better known. In the December 2005-June 2007 period, the companies employed 12 new employees on average. 98.6 percent of polled companies believe that it was worthwhile attempting to get the subsidy.