Kraków has gained international recognition in the academic field. With no less than five major universities (including the Jagiellonian University – one of the oldest surviving universities in the world), and more than 200 000 students, it is the academic centre of Poland. Students from all over the world come here, mainly thanks to the Erasmus student exchange programme, contributing to the cosmopolitan character of the city. While Polish remains the official language, many people here speak Yiddish, Hebrew, Ukrainian or Slovak, with English being the most widely spoken foreign language. Kraków is the main business hub for the southern part of Poland.
According to the available data, the city plays host to more than 11 thousand foreigners working for international companies which have chosen the capital of Lesser Poland to develop their business activities. Many household brands run Business Process Outsourcing/Shared Service Centres in Kraków in order to expand the global operations.
The city also hosts many international societies which aim to foster understanding of the local business environment and support local expat communities, given that diversity has become one of Kraków’s major strengths. The business landscape looks very promising for Life Science and medical industries in particular. Kraków is home to the largest drug discovery company in Poland (and the whole CEE region), as well as a wide variety of other biotech, medtech, bioinformatics and technology start-ups