OWIZ Step By Step

What is OWIZ?

Ocena Wpływu Inwestora Zagranicznego (OWIZ) is an analysis of the influence made by a foreign investor on Polish economy and society. After the assessment is completed, the investor is issued a certificate with the number of points received by them in each of the four main categories assessed.

Issuing of a OWIZ certificate confirms the beneficial influence of the foreign investor on Polish economy, credibility before central and local administration, and is a tool to increase the trust of local business partners and end clients.

The first stage of the process of certification is the anlysis of six critical areas (Corruption, Creating monopoles, Penality, Cash transfers, Extraction of raw materials, Environmental damage). The positive outcome of this part of the audit enables the carrying out of the anlysis in four target areas, which are: “Economy and Rooting”, “Innovativeness”, “Human Capital”, and “Environmental Protection and Local Community”.




One of the most important factors of assessing the influence of a foreign investor on the economy of the country where they conduct their business activities, is the level of networking with local entrepreneurs, the sort of economic activity carried out, the permanence of their presence expressed in the amount of invested capital, and the presence of service centres. A good foreign investor has long-term plans for their presence on the host country.



High innovativeness of a foreign investor is an important asset. Firstly, human capital is shaped and developed and the knowledge of the empoyees is epanded; secondly, a transfer of technology is enabled and other players in the industry are mobilised to undertake actions increasing their competitiveness. Innovativeness is a stimulus: it stimulates both the minds of humans, as well as the entire economy.
In the Strategy for Responsible Development, the developmental challenges for Poland include the goal of “a greater level of productivity of employed technologies and the innovativeness of production,” which is to guarantee “the improvement of the participation in the chain of manufacturing of globally processed industrial products.” The importance of this indicator in closely associated with the strategic policy of the government towards investors.



The human capital is dubbed the wealth of an organisation. It is a factor strongly dynamising the global economy of the the 21st century, dominated by knowledge and fast technological development. Human capital creates the non-material value of the enterprise and is made up od the skills, experience, and knowledge of its employees.
The development of human capital and the establishment of valuable workplaces are factors beneficial to Poland. The investor can not only be expected to follow the labour codes, but also to extend equal and fair treatment to Polish employees, and to offer them safe and hygenic working conditions. Such actions also include the development of skills and knowledge of the employees through training, employing Poles on high-ranking and specilaised posts (e.g. in B+R centres), providing good employment conditions, including attractive remuneration, establishing stable full-time jobs and a positive culture of the organisation.
The development of human capital is hard to measure. Hence some of the indicators are numerical, whereas others are descriptive.



Aside from legally required actions, such as obtaining proper permissions and keeping of records, the entrepreneur can undertake additional actions to protect the naural environment. A good foreign investor will not only take care to fulfil the legal requirements set before them, but will also, in accordance with their best knowledge and out of their own volition, minimise their negative influence on natural environment and undertake actions to protect it and its assets. This category also studies the quality of the foreign investor’s collaboration with local communities. The accessibility and quality of the standard communication channels is checked, but also whether other, non-standard actions, are undertaken.