The name is absent



I Total I 123 I 6891b 100.0

a - together with obligations, b - the amount is a sum of outlays of foreign investors
which also includes their investments in other sectors of the Polish economy.

Source: Urban R., 2004: Przemiany przemys+u spoZywczego w latach 1988- 2003. Studia i
Monografie no. 121, IERiG
Z, Warsaw.

The production of tobacco goods, sweets and beer had the greatest share of foreign
investments. The tobacco industry, in which one in every four dollars was invested, had
an especially significant position. At the same time investments here were very
concentrated (figure 4), because the average value of an investment in this branch of
industry amounted to 353.6 m USD. There were five investors only but these were the
huge international concerns.

Figure 4. Average value of investments in more important branches of industry
Source: Own calculations on the basis of Urban R., 2004: Przemiany przemys
+u
spo
Zywczego w latach 1988- 2003. Studia i Monografie no. 12 1, IERiGZ, Warsaw.


From the point of view of investors the greatest interest concerned the production of
sweets and snacks, dairies, breweries and fruit and vegetable processing. In these
branches of industry, however, much smaller unit expenditures were incurred, especially
in the dairy industry, fruit and vegetable processing, fodder industry and meat industry.
It results from lack of concentration and a great number of relatively small companies.

4. Economic effectiveness of the food industry in Poland in
the 1990's and at the beginning of the 21st century

Every business activity is performed mostly for economic purposes. We present the
level of these results at the level of the sector in table 3.

Table 3. Economic results of the food industry in the years1993- 2002

Detailed list

______________More important economic results in the years_______________

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

Production growth
in constant prices

J%__________

9.4

12.5

8.5

11.0

10.7

7.5

0.4

0.4

2.6

3.5

Profitability ratio
[%] of net revenues

- gross profit________

2.98

3.08

3.42

3.80

3.16

2.62

0.95

1.32

2.58

3.03

- net profit___________

-0.25

0.81

1.33

1.80

1.45

1.15

-0.39

0.24

1.19

1.99

- cash takings a______

2.85

4.20

4.54

4.75

4.23

4.32

3.01

3.58

5.20

5.47

- operating__________

11.18

11.04

10.63

10.08

9.71

9.36

8.17

8.08

10.75

8.87



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