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Tuesday, November 30, 2021

The automotive industry in Poland – how many companies have suspended investments? MotoBarometer Report 2021

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58 percent of automotive companies in Poland have withheld new investments due to the COVID-19 pandemic – these are the conclusions of the MotoBarometer 2021 report. Nevertheless, within three years, two-thirds of automotive companies want to invest in increasing production capacity, and one-fifth to build a new one bet.

The MotoBarometer 2021 report prepared by Exact Systems shows that in a pandemic 58 percent. representatives of the automotive industry resigned from new projects. 38 percent gave up part of the investment, 18 percent moved their plans for the future, and 2 percent. she let them go completely.


Investments in the automotive industry on the brake

As pointed out by the president of Exact Systems, Paweł Gos, taking into account all 11 countries in which we conducted the survey, the Polish result is the third highest. – Only Germany (63 percent) and Romania (62 percent) are behind us. Spain recorded the same percentage as Poland. The COVID-19 pandemic affected Belgium (34 percent) and Slovakia (37 percent) the least in terms of investment, he said.

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He estimated that the current pandemic crisis is one of the largest in history and we do not know how it will end because it is still ongoing. – The condition of the automotive industry is reflected, among other things, in the scale of investments that companies have abandoned, but the vast majority of them have a chance to be reactivated in the coming years, when the socio-economic situation normalizes – he added.

Resignation from investments in the automotive industrymotobarometr.pl

“Motoinvestors” in Poland

He indicated – according to the report – that in the next 3 years, two out of three companies plan investments, 11 percent. of those asked there are no such plans, and every fifth was unable to declare himself.

– The percentage of “motoinvestors” in our country is the highest among all eleven countries. In Turkey and Hungary it is similar and amounts to 66 and 65 percent, respectively, and we can deal with the lowest number of investments in the coming years in Portugal – 33 percent of responses – Gos said.

MotoBarometer 2021

The report shows that the primary goal of each of the surveyed countries is to increase production capacity. In Poland, two out of three respondents (68 percent) answered this question, and in the Czech Republic, the Netherlands, Spain and Turkey as many as 8 out of 10 respondents.

Exact Systems is a consulting company from Częstochowa, specializing, among others, in quality control for the automotive industry and the electronics industry. It has been operating since 2004, has its representative offices in 13 European countries and China.


Main photo source: Shutterstock

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