2023 global growth to slow to 1.7% from 3% expected six months ago, according to World Bank latest forecast. In Poland in 2023, economic growth is expected to decelerate sharply to below 1 percent, in line with the much weaker growth expected for the euro area, where GDP is expected to record 0 percent growth…
2022 is behind us. What will 2023 bring us now? Below is my summary and thoughts on the top 10 trends, challenges and opportunities that lie ahead in 2023: 1) War and geopolitics: The war in Ukraine will end, just when exactly is not known yet. The war itself is a destabilizing element for many…
Europe and Poland are switching to intermodal transport. After unforeseen and sudden events in the world in recent years, security has become a key aspect in business. In this context, intermodal transport is being increasingly talked about. Particularly in Poland, where it has huge development potential. This is a type of transport that creates modern…
The Central and Eastern European macroeconomic growth story is set to continue as the economies of the region catch up with those further west, according to a new report by Bain & Company. The private equity industry in Central and Eastern Europe has gone through three distinct phases. The sector boomed after eight countries joined…
Sylwia Ziemacka talked to Paweł Widawski, Founder & CEO of FinTech Poland. What is FinTech Poland? The foundation was established in 2016. It was when the fintech boom began in Poland and throughout Europe. On this wave, organizations dealing with financial innovations, including us, sprang up in various European countries. However, unlike those organizations that…
Polish foreign investments are growing. Half of them go to Central and Eastern Europe. Foreign expansion is being carried out by over 1,800 companies from Poland and the value of capital invested by Polish companies abroad is approx. EUR 23 billion. The last two years have brought a large increase in this activity – in…
On October 24-28, the Polish-Portuguese Chamber of Commerce (PPCC) organized its latest mission of Polish business representatives to Portugal. It was attended by five companies from the following industries: cosmetics, cryotherapy devices, defense industry and two Special Economic Zones: Wałbrzych and Kostrzyn-Słubice. More than 30 b2b meetings were organized at the headquarters of Portuguese companies….
On Friday 11 November, the European Commission lowered its forecast for Poland’s GDP growth in 2022 from 5.2% to 4.0%, and in 2023 from 1.5% to 0.7%. According to the Commission, an economic rebound is to take place in 2024, when the economy will grow by 2.6%. “Economic growth is expected to decelerate markedly in…
Philip Morris is the first company in Poland with the “Employers of Dialogue between Generations” certificate. Representatives of four different generations meet more and more often on the Polish labor market, and such intergenerational cooperation is becoming a challenge and an opportunity for employees and employers at the same time. Philip Morris in Poland has…
On October 13th, new regulations will take effect that could change the operation of holding companies. A huge amendment to the Commercial Companies Code is expected to regulate the relations between a parent company and its subsidiaries in order to ensure better safeguard of the interests of the subsidiary’s creditors, body members and small shareholders….
The first Circularity Gap Report Poland was launched during the Circular Week in October 2022. The Polish economy is over 10% circular, above the world average, mainly because of an efficient agricultural sector and fairly short supply chains. But there is a challenge ahead – closing the over 80% circular gap – this is where…
By Anna Łasica-Czaplejewicz, the president of the Institute of Applied Sciences and New Technologies Research We are more and more aware of the dangers of global warming. We try to be pro-ecological, no-one for example is surprised by the segregation of rubbish or the recycling of used materials, but among these activities, energy recycling is…
