Raport Confidence Index 2024_english veriosn

LOGISTICS AND SUPPLY CHAIN CONFIDENCE INDEX 2024

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Rafał Witowski CFO, Board Member FIEGE sp. z o.o.

What are your expectations for this year’s performance for your company and the logistics sector in general in Poland? How will this be influenced by expectation for the general economic environment?

The logistics sector in Poland seems to be facing greater challenges this year than last year, but it is still in a better situation than in neighboring countries. Over the years, the role of local customers in the sector has increased, as has the demand among Poles for the products of our customers from Western countries,

which means that economic turbulence in Western Europe affects Poland to a lesser extent. At the same time, of course, we cannot underestimate the geopolitical instability and the constant question mark posed by the war in Ukraine and possible scenarios for its end.

The rising costs of energy and oper ation of warehouses and industrial buildings pose an increasing challenge for many companies, especially those in the logistics and production industries. What solutions to reduce these costs are you already using, and what solu tions are you considering implementing in the future?

Price instability on the market paradoxically forces the acceleration of long-term changes that are already inevitable, i.e. investments in green energy, continuous optimisation of processes and changes in habits. At the same time, technological development often significantly increases energy needs. Paradoxically, the fact that inflation is not a

new phenomenon in Poland makes it easier for all parties affected by these increases to understand the topic. The consistently high demand for the services of our sector in Poland for years also encourages people to make their own investment decisions, which, however, may be threatened by the rising cost of labour.