A dynamic hub
With its 12 islands and 120 bridges, the city on the river Odra is often dubbed the "Venice of Poland." But minutes from the Gothic town hall dominating its medieval Market Square stands the 695-foot Sky Tower, set to be Poland’s tallest skyscraper when completed later this year – suggesting a city that is a young, dynamic, high-tech hub. This city of 640,000 teems with cyclists, start-ups line the streets, and alternative theaters abound. Wroclaw’s 11 public and 22 private colleges produce 25,000 graduates every year.
Wroclaw’s universities – especially those focused on math and physics – helped Wroclaw manage the transition from communism, and remain major assets as much of Europe struggles with the debt crisis.
"If somebody tells me about the crisis now I’m laughing," says Wieslaw Blysz, one of Poland’s youngest entrepreneurs. His start-up, Research and Engineering Center (REC), has 700 employees worldwide, up from two in 2007. "You should have been here 20 years ago."
Back then, "communism was in people’s blood," and the notion of entrepreneurship did not exist. Three milestones paved the way for Mr. Blysz's success, he says. First, Siemens, the first Western firm to invest in Wroclaw, opened an engineering center here. Second, Blysz attended Wroclaw’s Technical University. "Investors found out that it was peanuts to get really talented people," says Mr. Blysz. And last, Poland joined the European Union.
When Germany opened its labor market to Eastern Europe in 2011, there was fear that Poles would "steal" jobs from Germans. But Wroclaw engineers tend to stay in Wroclaw. Their salaries are getting closer to those of Munich engineers, says Blysz.