More than 60% of Central European CFOs expect revenue growth this year. According to those surveyed, the average GDP growth rate in the region in 2024 will be 1.1%. Central European companies have become accustomed to operating in a difficult economic environment, say chief financial officers (CFOs) from Central European countries. While more than half…
The emergence of more powerful forms of artificial intelligence, such as foundation models, multimodal models, large language models and transformers, has the potential to disrupt existing sectors and information ecosystems. How can we better understand and harness the transformative power, opportunities and risks associated with these new models? Sylwia Ziemacka talks to Agnieszka Porębska, CEO…
Welcome to startUP with Poland – the show where we take a deep dive into the Polish startup ecosystem. This time Tessa McIver talks to Adam Szymański, founder of Oxla – the world’s fastest distributed database. Throughout his career, Adam has worked on a wide range of IT projects: computer games, mobile apps, server backends,…
Sylwia Ziemacka talked to Dr Chrystian Poszwiński, Head of CEE, HWF Partners. What was last year like on the Polish M&A market? It was way different than previous years. Compared to what happened in the COVID years, between 2020 and 2022, the market generally slowed down in 2023. Interestingly, the number of deals has grown…
Bank Millennium believes the Polish economy will gradually recover this year, driven by stronger consumer sentiment. Economic growth at 2.9% with an upward outlook, which will be driven primarily by resurgent private consumption, a reduction in average annual inflation to just over 5%, and possible interest rate cuts of 50-75 bps – are Bank Millennium’s…
Key takeaways from the “Polish EV Outlook Index,” published by the PSPA, IBRM Samar and OTOMOTO. The electromobility market is growing, though with more determination and support for sustainable transportation by the government, BEV sales in Poland would have exceeded 45,000 last year, the PSPA estimates. 20,000 new all-electric passenger and commercial vehicles were registered…
According to the latest Navigating ESG: ABSL’s 2023 Overview report, more than 70% of companies in the business services industry have introduced global ESG strategies to their branches in Poland. Defining and implementing ESG (Environment, Social, Governance) policies, integrated with an organization’s business goals, helps build innovation and prepares companies for changing stakeholder and employee…
The Minister of Digitization has appointed an advisory team on artificial intelligence. Deputy Prime Minister and Minister of Digitization Krzysztof Gawkowski has established a PL/AI Artificial Intelligence Advisory Team for Poland, which will develop recommendations for using AI to improve specific areas of state operations, the Ministry of Digitization said in a press release. The…
After 2023, when the logistics and warehouse industry struggled with rising rents and vacancy rates, warehouses are entering the new year with good prospects. Colliers experts expect rent stabilization and increased investment activity. Positive impacts on the sector will include the development of electromobility and shipping. Sylwia Ziemacka talks to Pawel Nosal, Logistics & Industrial…
Poland’s transaction market is growing in the tough new economic reality and attracting unwavering interest from investors, according to KPMG’s latest report. Poland ranks first in Central and Eastern Europe in terms of both the number and value of M&A deals between 2020 and 2022. What does 2023 hold in store for the Polish M&A…
In this episode, Tessa McIver talks to Magdalena Jabłońska, CEO of Start Smart CEE – an accelerator affiliated with the MIT ecosystem. To date, Start Smart CEE has accelerated over 300 early-stage startups, helping them to kick-start their development. Let’s find out what impact an accelerator can have on a startup and, more broadly, on…
