The global real estate market is slowly recovering from the turbulence of recent years, and MIPIM 2024, organized for the 33rd time from March 12 to 15, 2024 at the Palais des Festivals in Cannes, has attracted the world’s most important players in the industry, as well as investors, bankers and politicians – including office…
In the end of December 2023 Eiropas Dzelzceļa Līnijas implementing the Latvian part of Rail Baltica project signed € 3.7b contract with the winning consortium ERB RAIL composed of Eiffage Génie Civil (France), Budimex (Poland) and Rizzani de Eccher (Italy) to construct 230 km of high-speed railway in Latvia. Now technical documentation and formalities are…
Polish trailer manufacturer Unitrailer has acquired 100% of Dutch company Henra Aanhangwagens and outlined plans to become the leader of the European market within two years, aiming for a 10-13% market share. Unitrailer Holding – Poland’s commercial trailer market leader with a gross vehicle weight of up to 3.5 tons – in February bought Henra…
‘The Fintech Industry in Warsaw,’ a report published by Antal, shows that the capital is one of the important Fintech hubs, mainly thanks to its large talent pool. Some 45% of Fintech companies in Poland are located in Warsaw and the city is listed ahead of important Fintech centers such as Munich and Milan. Experts…
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…
SDS Optic expands its global footprint with a new R&D Center in Philadelphia. SDS Optic – a member of the Lublin Medicine Cluster – is commencing operations at a new R&D center in the United States. On January 16, its subsidiary, SDS Optic, signed an agreement with BioLabs Philadelphia to lease office and laboratory space….
HealthTech, FinTech, ClimatTech and FoodTech are the sectors that have a significant share in Poland in recent years, if we look at the number of deals and their growth. Although the Polish market as a whole is going through a rough patch, these four leitmotifs continue to entice investors and attract their attention and money….
Northvolt, a manufacturer of environmentally sustainable battery cells and systems, has decided to establish a Business Scaling Center in Gdansk along with a Research and Development Center for IT services. Northvolt is growing rapidly and currently employs 5,500 people. For the foreseeable future, much of the expansion and employment growth will take place in Europe,…
Scanway has entered into a partnership with Korea’s Nara Space Technology, which specializes in satellite manufacturing and remote sensing. Scanway entered into a cooperation agreement with Nara Space Technology, one of Korea’s leading entities in satellite manufacturing, remote sensing and artificial intelligence, on January 30. The goal of the cooperation is to develop a microsatellite…
Over the next three years, LG Energy Solution will deliver around 200,000 units of battery modules produced at its plant near Wroclaw to GigafactoryX in Pruszkow, where they will be assembled into battery packs and systems. The delivered batteries will support the production of nearly 3,000 large commercial electric vehicles. LG Energy Solution Wroclaw. Largest…
The development of dual-use technologies is supporting the Polish economy and security. The Ministry of Development and Technology has summarized the IDA Technology Companies Accelerator Program – the Innovative Dual-Use Technology Accelerator, designed for innovative entities registered in Poland that want to start cooperating with the defense sector and address the challenges that affect the…
