Stop importing Russian oil and gas.

European NGOs call for embargo on Russian oil and gas to stop financing the war against Ukraine

A coalition of NGOs from all over Europe, including Poland, has urged the European Commission and Member State governments to stop importing Russian oil and gas. “Europe’s dependence on fossil fuels is a question of Europe’s security and of our morals. We cannot allow the money from imported oil and gas to kill people in…

Michał Sapota, president of Heritage Real Estate Investments talks about the key challenges that are ahead of the market.

The real estate market leader about new challenges for the entire sector

Adam Białas talks to Michał Sapota, president of Heritage Real Estate Investments, about the key challenges that are ahead of the market. Heritage Real Estate Investments is one of the largest players on the residential real estate market in Poland. The company is not a classic developer, but a type of modern investment fund that…

Olkusz, February 28, 2022. Ukrainian refugees after leaving the humanitarian train from Lviv at the PKP railway station in Olkusz, Poland. A campsite has been erected on site, medical assistance is provided and interpreters of the Ukrainian language are available. Later, the citizens of Ukraine will be transported by buses to the accommodation places indicated by the voivode. Photo PAP/ Łukasz Gągulski
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Poles helping out as Ukrainian refugee crisis intensifies

Russia’s invasion of Ukraine has seen a huge influx of refugees into Poland and other neighbouring states. By Sunday, the Polish border had been crossed by about 200,000 people fleeing Ukraine, mainly women and children, but also the elderly. According to the UN, 300,000 people have fled, many also crossing over into Moldova. According to…

KGHM has signed a contract with NuScale for small nuclear reactors in Poland

KGHM has signed a contract with NuScale for small nuclear reactors in Poland

The Polish copper giant has concluded a contract for the implementation of small modular reactors (SMR) in Poland. A landmark agreement was signed in Washington in the presence of Deputy Prime Minister Jack Sasin and representatives of the American administration. As part of the concluded agreement, KGHM and NuScale will implement the SMR technology in…

fot. Cavatina/Resi Capital

What is driving Poland’s growing rental market?

Poles have long  preferred to own the place they lived in – only 4% of the population rents a flat. On average, every third European does so. But the Polish institutional rental market, still at an early stage of development, is growing in importance.  Attitudes towards renting in Poland are changing, for multiple reasons. One…

photo credit: Łódź, Sebastian Glapisnki
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City news – Łódź, Poznań & Katowice

Polish regional cities are on the spotlight of investors, multinational companies, expats and tourists. Today our editorial team is taking a closer look at Łodź, Poznań and Katowice. Łódź with ideas to shape the future The City of Łódź Office and international consulting company Knight Frank have released a publication – “Łódź with an Idea…

Marcin Krupa, Mayor of Katowice

Katowice – A modern metropolis with a mining tradition

Everyone will find something for themselves in Katowice. You can spend an attractive city break here, or a much longer stay. Once associated with mining and numerous coal mines, now thanks to great efforts and huge investments, this is a great example of a successful transformation into a fashionable modern city with an inclination to…

Polish Deal and its impact on business activity

Polish Deal and its impact on business activity

The Polish Deal is probably the largest change of tax law in Poland since 1990. All companies with operations in Poland will be affected. The changes significantly affect several areas of taxation including Corporate Income Tax (CIT), Personal Income Tax (PIT), and Value Added Tax (VAT). Despite the government’s official narrative that the Polish New…

Port of Gdańsk

Port of Gdańsk records most cargo handled in history

The Port of Gdańsk handled 53.2 million tons of goods in 2021, an 11% increase and the most cargo handled in the history of the port. The Ministry of Infrastructure held a conference in January attended by ministers, Marek Gróbarczyk and Grzegorz Witkowski, and the management boards of the three largest Polish ports: Gdańsk, Szczecin-Świnoujście…

Polish exports take off

Polish exports take off

Poland’s exports rose 17.5% in November and faster than in the two previous months. The import growth rate was also higher (+30%), the Central Statistical Office (GUS) reported. Comment by Mariusz Zielonka, economic expert from the Lewiatan Confederation: After two months of relatively low growth in exports, November brought a dynamic revival. According to preliminary…

Mark Brzezinski appointed US ambassador to Poland

Mark Brzezinski appointed US ambassador to Poland

US Vice President Kamala Harris has nominated Marek Brzezinski as the US ambassador to Poland. This means that the US mission in Poland will soon be headed by Bix Aliu, Harris’s current chargé d’affaires. The US Senate approved Brzezinski appointment in mid-December. A few days later, he met Marek Magierowski – the Polish ambassador to…