Basic information
Radom spreads on the area of 11,180 hectares (ca. 27,626 acres) Currently there are 224,000 plus registered inhabitants.
Radom is among cities with a remarkable economic potential and a high education level of its inhabitants. An important factor supporting location of business in Radom is its convenient position in Poland – merely 100 km south of Warsaw. Radom is an example of the private sector expansion and changes to the ownership structure.
The existing Radom Subzone has developed areas equipped with full technical infrastructure. Investors may expect qualified staff in various specialisations of industrial operations. Radom Subzone's advantage is its location in a city with nearly a thousand-year history, the second biggest (after Warsaw) industrial, cultural and educational centre in Mazovia. The city enjoys strong economic potential of 25 thousand businesses with surrounding business-supporting institutions – economic organisations, banks, insurance companies and lease firms.
The city is open to all forms of economic cooperation aiming at industrial development, specially in the area of precise technology.
As a result of system transformations in the recent decade, Radom has witnessed a decline of public enterprises and strong growth of small and medium private companies. Also the number of manufacturing companies reduced with a simultaneous increase of service firms.
The city is the second biggest, after Warsaw, academic centre in Mazovia. There are several universities and colleges in the city. The total headcount of students reaches 30 thousand. Teaching curricula are adapted to current needs of the labour market.
At the end 1980s Radom was well-known from manufacturing goods which then were rare on the Polish market. They included sewing machines, typewriters, shooting weapons, telephones, gas cookers, leather products and metal-cast products. Most of the goods were exported to the inexhaustible market of the former Soviet Union and the COMECON countries. The system changes occurring in the beginning of 1990s caused a breakdown of 70% of the eastern market export. Ever since that the state-owned companies have been experiencing serious problems.
With unsatisfactory situation of large state-owned enterprises in the background, development of the private sector of small and medium companies and one-person firms looks far better . There are ca. 10 inhabitants per one registered one-person firm which is the best indicator among four municipal counties in Mazovia.
Most of companies with foreign capital established in the area operate in Radom. The industrial sector is represented by successfully transformed state-owned companies, e.g. within the tobacco industry.
Compared to three other municipal counties in Mazovia, Radom is a city with the biggest demographic potential and its inhabitants show optimum adaptation to the market economy. Although the average budget income per inhabitant is smaller than in Warsaw metropolitan area communes, Radom spends most on current expenses and municipal investments.
The Radom road system is of historic character – the city is located in the very centre of road and railroad routes linking the east with the west and the north with the east of the country. The National Development Plan assumes that soon (until 2012) one of the most important and most modern railroads joining the north of Poland with the south of Europe shall be passing through Radom. In 2010 south-Mazovian part of the international route E77 was completed and the road became an express road. Currently tenders are pending for building the Radom – Kielce section of the road.