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…
Experienced sales, accounting, RES and sustainability professionals, as well as IT experts, will be able to pick and choose job offers this year, although not all IT specialists will head the list of sought-after candidates. “While in previous years, when asked which specializations would rule the labor market, headhunters unanimously pointed to software developers, the…
In recent years, we have become accustomed to numerous changes in tax law coming into force on the first of January. New legislation was usually passed in the last months of the previous year and took effect after a very short vacatio legis. So short, in fact, that the first weeks of each new year…
The issue of women’s underpayment is one of the most frequently raised aspects in the context of gender inequality. According to Eurostat, the average wage gap in Poland is 4.5%. In the private sector, it is 12.9%, while in the public sector it is only 2.3%. The financial sector is also one of the industries…
In November 2023 PGNiG Upstream Norway from ORLEN Group took-over the extraction company KUFPEC Norway AS, subsidiary of Kuwait Foreign Petroleum Exploration Company k.s.c.c., thanks to which ORLEN’s gas extraction in the Norwegian Continental Shelf will increase by 1/3 to exceed 4 billion cubic meters per year. The transaction includes shares in 5 fields already…
In November 2023 Thorium Space S.A. joined HummingSAT project of the European Space Agency (ESA) to develop the first Polish telecommunications satellite SmallGEO expected to be put in orbit in 5 years. Thorium is a Polish company that designs and constructs innovative telecom systems. It was established in 2017 and operates in Wrocław and Warsaw….
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…
International IT company SOFTSWISS is expanding its operations in Poland by opening a new office in Poznan. The international SOFTSWISS Group has officially opened the doors of its new office in Poznan. It was in the city that SOFTSWISS first began its journey three years ago with its main partner on the Polish market, Merkeleon…
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…
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…
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…
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…
