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…
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…
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…
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…
LOT Polish Airlines are the 3rd best in the world in AirHelp Score ranking of 83 airlines surveyed from 1st January to 30th September 2023 as the biggest and most popular ones on the global list of over 800. The ranking criteria were: flight timeliness (within 15 minutes), passengers opinions (on flight crew, comfort, cleanness,…
On 24 November Polish Ministry of Climate and Environment issued a decision-in-principle for construction in Pątnów-Konin of the country’s 2nd large nuclear power plant using two APR1400 reactors delivered by South Korean KHNP. According to the application submitted for the plant in August this year by PGE PAK Energia Jądrowa, the two units will generate…
On Poland’s Independence Day 11 November 2023 two new Polish satellites were put in orbit by Falcon 9 (SpaceX) starting from Vandenberg Space Force Base in California to launch in total 90 satellites for various companies from all-over the world. The first Polish satellite Intuition-1 observes the Earth with a hyperspectral instrument and on-board computing…
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…
