Northvolt opens Business Scaling Center in Gdansk
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Northvolt opens Business Scaling Center in Gdansk

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,…

Poles undergo an accelerated course in investing
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Poles undergo an accelerated course in investing

Almost 40% of Poles under the age of 45 have some experience with investing, according to the results of the Investment Competence Index survey conducted by the Ipsos research company on behalf of the Port investment platform. The Investment Competence Index survey project is an initiative to check how Poles perceive the field of investment…

Warehouse sector set for 2024 uptick
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Warehouse sector set for 2024 uptick

Warehouse space set to enter a period of stable growth and development after the challenges of the past 12 months 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…

Polish startups record higher revenues despite investor chill
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Polish startups record higher revenues despite investor chill

The latest “Polish Startups” report published by the Startup Poland Foundation shows that the revenue situation of startups is currently better than a year earlier. This is the 9th edition of the Polish Startups report, published annually by the Startup Poland Foundation. The results of this year’s accompanying survey confirm that although the revenue situation…

Wroclaw notes new highs in European rankings
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Wroclaw notes new highs in European rankings

The capital of Lower Silesia is the highest ranked non-capital city in Central and Eastern Europe, taking into account economic indicators, according to a report prepared by Eurostat. Wroclaw is also the highest ranked Central European city in the Globalization and World Cities global ranking, which includes cities from around the world. Among European Union…

Pomerania and global aviation a match made in the skies
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Pomerania and global aviation a match made in the skies

Key takeaways from the roundtable discussion between key players in the market, regional authorities and universities, organized by the Boeing Company and Invest in Pomerania and the Pomerania Development Agency. On December 12, 2023, thanks to the efforts of the Boeing Company and Invest in Pomerania, an initiative coordinated by the Pomerania Development Agency, an…

Budimex signs up for €3.7 billion high-speed railway in Latvia
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Budimex signs up for €3.7 billion high-speed railway in Latvia

Budimex, one of Poland’s largest construction companies, is to build a high-speed railway in Latvia. On 21 December 2023, the contract for the construction of the Rail Baltica railway line in Latvia was signed. Under the €3.7 billion contract, the winning consortium ERB RAIL – comprising France’s Eiffage Génie Civil, Poland’s Budimex and Italy’s Rizzani…

Poland bucks global investment downturn trend
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Poland bucks global investment downturn trend

After a sharp decline in 2020 and a strong recovery in 2021, global direct investment in 2022 fell by 12% to $1.3 trillion.  According to reports from international organizations (including UNCTAD), the decline was caused by global factors, related to the war in Ukraine, high energy and food commodity prices, rising interest rates and uncertainty…

New technologies that solve civilizational challenges
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New technologies that solve civilizational challenges

Demography, health, education and ecology. New technologies are increasingly important for solving our most pressing problems. The positive impact of technology on business has been talked about for a long time now and investment is following suit, such as cloud or artificial intelligence, which are increasing rapidly. Increasingly, new technologies are also finding their way…

From small acorns, mighty oaks grow
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From small acorns, mighty oaks grow

MIM Fertility – a Polish pioneer in the field of artificial intelligence – has announced the closing of a seed round of $2 million.  The investment was led by Warsaw-based venture capital investors Tangent Line and Peleton. MIM Fertility – a Polish pioneer in the field of Artificial Intelligence.  MIM Fertility proposes breakthrough solutions in…

Polish company chosen to support BBC
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Polish company chosen to support BBC

A subsidiary of IT company Spyrosoft has won a BBC tender for a three-year collaboration to expand the broadcaster’s IT engineering team. The value of the contract is expected to exceed £20 million. Spyrosoft said in a stock exchange release that its subsidiary had been selected in a two-part tender on 23 November. A standstill…

Best Practices: Philip Morris ahead of the regulations
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Best Practices: Philip Morris ahead of the regulations

It’s been a while since we’ve discussed ESG issues. Most of the attention has been focused on environmental policies, while I believe the “S,” which stands for the social impact, may be even more important as we move forward. In particular, the impact of employers on employees. And there are several reasons for that. If…