In the Grant Program – organized for the fourth time by ING Bank Śląski – 215 start-ups and young entrepreneurs offering innovative approaches in health and improving the quality of life have been awarded PLN 1,000,000. The main prize of PLN 400,000 went to Walletmed, which produces subcutaneous implants that measure blood sugar levels. In…
2024 brings changes to the job market – proposals of the new government and the ideas set in motion by its predecessors. According to the announcements of the parties forming the new government, significant changes await Polish workers in 2024. Their vision of labor market reforms focuses on striving for gender equality, supporting women in…
In 2023 astronomers from the Nicolaus Copernicus University in Toruń discovered a new planet twice bigger and 15 times heavier than Earth. It circles the star known as WASP-84 in just 35 hours in a very tight orbit, causing its surface temperature to exceed 1000 degrees Celsius. As its rocky surface is directly exposed to…
PGE Energia Ciepła CHP Plant in Rzeszów is actively participating in implementation of the PGE Group’s strategy. The Rzeszow CHP plant is implementing investment plans to move away from coal use in its generating units. Generating heat from 70% low- and zero-emission fuels by 2030 is a strategic goal of the PGE Group. Two major…
Latest Eurostat data shows that Poland ranks 2nd in the EU for “overall life satisfaction” The latest results from Eurostat show that Poles rate their own life satisfaction much higher than many of their Western European counterparts, tying for 2nd place in the European Union (EU) alongside Finns and Romanians. The data on “quality of…
2024: Navigating challenges and capturing investment opportunities The global economy has experienced significant turbulence in recent years, with factors such as geopolitical uncertainty, inflation, high interest rates, changes in global supply chains, sustainability concerns and ongoing technological revolution influencing long-term trends. As a result, investors are reevaluating existing strategies and actively seeking ways to diversify…
In light of our experience at Explore Markets, we predict that Poland will maintain its status as an appealing FDI destination in 2024. There are multiple factors contributing to this outlook. The ongoing trend of reshoring to Europe continues to position Poland as a key destination, as evidenced by our Scandinavian clients who have found…
A further decline in orders and poor data from industry resulted in a deterioration of business sentiment in late 2024. This weakens the willingness to invest and employ new workers. However, this is a deeper problem for the whole of Europe, which is recovering slowly from the post-COVID crisis and must, including Poland, change its…
Real estate advisory firm Savills has presented a preliminary summary of 2023 for the commercial property market in Poland and predicts key trends going forward. Geopolitical and economic factors and financial market instability still have a significant impact on the real estate landscape and are expected to continue to shape it in the near future,…
2023 was another great year for Poland and the UK with notable symbolic steps taken that reflect one of Europe’s most important partnerships. Underpinned by strong shared priorities on regional security and supporting Ukraine, Polish-UK relations have been closely developing at one of the most critical and challenging times in Europe’s recent history. There were…
The ‘Ukrainian woman in Poland’ project was created in March 2022. Julia, a Ukrainian woman from Donetsk living in Poland for the last 10 years, was one of its initiators. She tells Poland Weekly about the project and how she came to be involved in it. “There is a saying in both Poland and Ukraine…
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…
