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PROFITABILITY OF THE FOOD INDUSTRY IN POLAND – AN ORDERED LOGIT MODEL APPROACH

Zbigniew Gołaś, Izabela Kurzawa

The socio-political changes which started in the late 90’s and the Polish accession to the European Union in 2004 fundamentally determined the direction of structural changes of the national economy. These changes resulted in the beginning of the privatization processes, consolidation and concentration, which, together with the accession to the EU and the intensification of the globalization processes, increased their dynamics. Moreover, there was a confrontation with foreign markets, mainly those of the EU, resulting in changes in prices relations, consumer preferences and implementation of legal regulations.
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