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…
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…
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…
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….
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…
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…
