The city was chosen by a jury of more than 100 experts, site selection advisers and location analysts. Last year’s winner, Budapest, dropped to fourth place, while Prague held on to second spot, with Ljubljana climbing to third. The Ukrainian capital Kyiv completes the top five.
As well as topping the overall Business Perception Index, Łódź also won in two of the eight categories: business climate and local authority support. The remaining six categories were: brand; economic potential; pool of talent; smart city development; infrastructure and connectivity; and quality of life.
Mayor of Łódź Hanna Zdanowska is delighted with the results of the ranking. She told Emerging Europe: “Ours efforts are being noticed. The city attracts investors with its good location, cost competitiveness and well-qualified staff. We are also constantly working on improving the quality of life in the city thanks to numerous European Union co-funded investments.”
Andrew Wrobel, founder of Emerging Europe and coordinator of the index, has said that Łódź is the “first non-capital city to take the award since its inception in 2019.”
The Polish capital, Warsaw, came on top in the infrastructure and connectivity category.