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About BritBiz

BritBiz is a team of British-owned English-speaking service providers on the ground in Central Europe. We deliver a one-stop business development approach - a seamless route to market. We have one interest - to get you into business here as quickly and as cost-efficiently as possible. Once you are here, we aim to help you build your business with full local regulatory compliance and optimal profitability! Meet our team!

Brit Biz is pleased to be working with UK Trade & Investment to create business opportunity and growth. For more detailed business enquiries on doing business in Poland please contact Martin Oxley, Country Head UK Trade & Investment, Poland martin.oxley@fco.gov.uk

 




               Baker Tilly Poland | Czech | Slovakia

 



TGC Corporate Lawyers Poland | Czech | Slovakia


 

With our London office at Aldersgate, we are ready to sit down with you and work on your business development plan with you now. Please phone Valentina at our City office to arrange a meeting or video conference call today!

London Representative Office
200 Aldersgate Street
EC1A 4HD London
tel:     +44 (0) 20 3440 4127
email: vkumnova@tgc.eu

UK Trade with Centrall & Eastern Europe

"Emerging Europe" presents an attractive near-shore destination for British businesses. UKTI’s Central Europe Network (CEN) operates across Poland, the Czech Republic, Slovakia, Austria, Hungary, Slovenia, Croatia, Romania and Bulgaria.The countries in the region have a combined population of around 110 million, a regional GDP of around £1.1 trln and a market for imports worth in the region of £467bn. 

GDP per capita in CEN markets remains well below the EU15 average. This creates a sustainable development cycle as the countries converge with their established EU peers, not least with the support of EUR 175bn of EU Structural Funds in the 2007-2013 period. This EU support has seen enormous and continuing improvements in transport, energy and utility infrastructure as well as health and education systems: all sectors in which British products and services are world-class. There is strong potential for high quality, added value British exports and expertise. And, in the larger markets in the region, there is a new and untapped source of high quality FDI projects.

Under the banner of ‘’Emerging Europe’’, we have launched a UK-focused cross-market initiative to ensure visible and coherent branding and improved awareness of the market. We are targeting innovative and high growth SMEs with a programme that includes a long-term marketing strategy, increasing our presence and visibility in the UK through roadshows and business multipliers, and improving the way we work as teams and Embassies to identify and pursue opportunities.
Across CEN Embassies, policy, communications and UKTI teams together are working with multipliers, business organisations, enablers such as PWC, KPMG and UHY Hacker Young and other stakeholders to identify key sectors and large scale opportunities for both SMEs, midsize and large British corporates. We see exciting potential for UK companies in infrastructure, energy, defence and security, services and consumer (retail and financial) and health and life sciences.
Having identified key sectors across the network, we are already working to deliver high value, large-scale opportunities with the most significant medium to long term benefits for UK companies, including mid size corporate and SMEs in supply chains. The events in the UK this week are examples of this.
 
KEY FACTS
 
2010 saw a slight drop in UK exports of services to the region as a whole to £3.7 billion.  Imports of services from Central Europe increased from £3.8 to £4.2 billion
 
UK exports of goods to the region as a whole in 2011 increased to £10.97 billion.  UK exports of goods to Romania and Bulgaria increased by over 25%.  Slovakia saw an 18% increase.
 
Over the 10 years to 2010, UK exports of goods more than doubled to the region as a whole. Goods exports to Poland, Slovakia and Bulgaria trebled over that period. 
 
Imports of goods from Central Europe increased by 24% in 2010 to £19.5 billion. Over the past 10 years, imports of goods from the region have more than quadrupled.
 
UK exports (goods and services combined) to Central Europe increased by 17% in 2010 to £13.7 billion. We exported more to Central Europe in 2010 than to India, Brazil and Turkey combined.   The value of UK exports to Central Europe was over double that of exports to India or Russia; treble the value of exports to Turkey; and four times the value of exports to Brazil.  
 
Imports of goods and services from Central Europe increased by 21.7% in 2010 to £23.7 billion. 
 
Bilateral trade with Central Europe increased by almost 20% to £37.5 billion.
 
The UK’s trade deficit with the region increased by 29% to £10 billion.  The continuing robust growth in imports means that this may be difficult to turn around.  
 

UK TRADE WITH THE CEN - TRADE IN SERVICES

 

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