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Economy of Lodz


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Łódź today. However, countless small companies still provide a significant output of textiles, mostly for export to Russia and other countries of the former Soviet Union.

The city benefits from its central location in Poland. A number of firms have located their logistics centres in the vicinity. Two motorways, A1 spanning from the north to the south of Poland, and A2 going from the east to the west intersect northeast of the city. As of 2012, A2 is complete to Warsaw and the northern section of A1 is largely completed. With these connections, the advantages due to the city's central location should increase even further. Work has also begun on upgrading the railway connection with Warsaw, which reduces the 2-hour travel time to make the 137 km (85 mi) journey to 1.5 hours in 2009. In the next few years much of the track will be modified to handle trains moving at 160 km/h (99 mph), cutting the travel time to about 75 minutes.

Recent years has seen many foreign companies opening offices in Łódź. Indian IT company Infosys has one of its centres in Łódź. Despite the fact that Łódź is regarded to be the poorest among Polish cities with population over 500,000, the GDP per capita in Łódź was 123.9% of Poland's average (2008).

In January 2009 Dell announced that it will shift production from its plant in Limerick, Ireland to its plant in Łódź, largely because the labour costs in Poland are a fraction of those in Ireland. The city's investor friendly policies have attracted 980 foreign investors by January 2009. Foreign investment was one of the factors which decreased the unemployment rate in Łódź to 6.5 percent in December 2008, from 20 percent four years earlier

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