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PKP Intercity Secures 2B PLN for Fleet Upgrade
PKP Intercity has secured more than 2 billion PLN from the National Recovery Plan (KPO) to support its ambitious plans to expand and upgrade its fleet, marking a significant milestone in Poland’s public transportation sector. This grant will cover 94% of the project costs, funding the purchase of 56 zero-emission locomotives and the modernization of…
More spendings on digital transformation
Polish companies plan to significantly increase expenditure on new technologies. More than half of large and medium-sized enterprises in the financial, commercial, logistics and production industries intend to spend more than 5% in the near future. Revenues for technological investments, according to the Digital Transformation study conducted by EY in the first quarter of the…
Poland notes €10.5 bn trade surplus in 2023
According to Central Statistical Office (GUS) data, Poland had a foreign trade surplus of €10.5 billion in 2023, with the country’s largest partner again Germany. Although Poland had a trade surplus in many regions, a foreign exchange deficit of €79.3 billion in trade with China stood out. According to the report presented by GUS on…
Weighing Tusk’s first 100-days
The largest ruling coalition party Civic Coalition (KO) laid out 100 things it would do in its first 100 days of government – how did it do? The formation of Donald Tusk’s government – which includes representatives of the Civic Coalition (KO), Poland 2050, the Polish People’s Party (PSL) and the Left – took almost…
Breathe in the Air …
Almost every time I meet a Polish person for the first time, they are curious to know why an Englishman lives in Poland. Recently, I have started to think this will no longer be someone’s first question. As a foreigner, I see the country from a different perspective. Generally, Poles seem to have a very…
Gold Overtakes the Euro
The second most important reserve asset in the world is no longer the euro, nor any of the BRICS bloc currencies, but simply gold. News of the yellow metal’s success recently swept through economic outlets around the globe, sparking joy in some and frustration in others. It Was Bound to HappenThanks to steadily rising prices…
