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…

New realities shaping investment decisions
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New realities shaping investment decisions

Facing inflation and geopolitical uncertainty, investors have been forced to revise their strategies, according to the Schroders Global Investor Study 2023. Persistent inflation and geopolitical uncertainty – coupled with the need to decarbonize economies – are making it difficult to navigate markets and forcing investors around the world to revise their investment strategies, the flagship…

Creotech Instruments’ revenues rocket
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Creotech Instruments’ revenues rocket

Creotech Instruments presented its results for Q3 2023, in which it generated PLN 33.2 million in total revenue, up 45% year-on-year, of which PLN 22.5 million was revenue from product sales, 64% more than in the same period last year.  In line with the company’s development plan, including the intensification of R&D work in key…

Scania puts Słupsk production facilities up for sale
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Scania puts Słupsk production facilities up for sale

Scania’s plant – an investment area of almost 11 hectares, production and storage halls, office and social buildings – has been put up for sale, with the new owner able to start operating the site as early as the third quarter of 2024. Scania’s Slupsk plant has been an integral part of the Pomeranian industrial…

Scanway and Marble Imaging link up and look to the stars
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Scanway and Marble Imaging link up and look to the stars

Scanway and Marble Imaging have begun collaboration to develop Europe’s first constellation of satellites providing very high resolution multispectral Earth data (VHR). Marble Imaging, a German company that develops Earth Observation (EO) services based on data from existing constellations of VHR satellites, and Scanway, a Polish company that provides advanced optical instruments for space, have…

Poland’s Thorium Space to boldly go
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Poland’s Thorium Space to boldly go

Poland’s Thorium Space is becoming a leading light in the European space industry. In mid-November, Poland officially joined the European Space Agency’s (ESA) optional programs and on November 30, the Polish firm Thorium Space was added to the HummingSAT program – a new product line of European small telecommunications satellites for geostationary orbit (GEO). “Thorium…

South Korea’s Yulchon to build plant near Wroclaw
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South Korea’s Yulchon to build plant near Wroclaw

Yulchon of Korea has been producing for the automotive industry in Korea and Mexico and is moving now to Poland as well, building a plant near Wroclaw, another major Korean investment in the Wroclaw metropolitan area. Yulchon Poland’s new plant in Komorniki near Wroclaw will cost more than PLN 100 million (EU 23 million).  Yulchon…

BASF boosts presence in Wrocław
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BASF boosts presence in Wrocław

BASF Environmental Catalyst and Metal Solutions  (ECMS) on October 17 opened a new office in the Dominikanska Center in Wrocław, from which it will serve the global precious metals and catalyst markets.  The new office in Wroclaw follows a decision in December 2021, when BASF decided to establish an independent subsidiary – BASF Environmental Catalyst…