Warsaw Financial Centre is in the heart of the city's central business district, next to the historic Palace of Culture. This attractive, modern tower houses many companies, both Polish and International. The centre is ideally placed for doing business in Warsaw, the economic powerhouse of Poland. Warsaw's city centre is home to many banks, financial institutions and international and domestic companies. It is also the location of many national institutions and government agencies. As a recognised centre of excellence for services, the city is particularly strong in the financial, advisory and consulting sectors, along with marketing, advertising, telecommunications. The hotel industry is also highly bouyant due to increasing commercial and tourist activity in the city. Having one of the lowest employment rates and a very well educated and cost-effective workforce increasingly attracts major international companies.