As companies tighten their belts to take account of the financial crisis, Łódź’s chances of further developing as a business processing outsourcing (BPO) center are growing.

Source: Jones Lang Lasalle

She said the relatively low office rental costs, a highly-qualified work force and Łódź’s central location made it well-placed for outsourcing operations.

“Attracting new investors is our priority,” Białecka-Krawczyk said at a conference entitled “Łódź as a BPO center.” She said Lódź was willing to support investors in a number of fields.

Krzysztof Witkowski, president of the board at Virako, a developer operating in Łódź, said the financial crisis could force firms to focus on rental costs, to the city’s benefit.

“The crisis may become an important spur for the development of the city. The main asset will be the cost of maintaining an office, which in Łódź is one of the lowest as compared to major Polish cities.”

Source: Jones Lang Lasalle

City Hall officials stressed, though, that the city has many former factory buildings, which could be transformed into modern office space.