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…
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…
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…
Agnieszka Bulus-Trando from Poland Weekly talks to Mira Kantor-Pikus, Head of Equity Debt & Alternative Investments from Cushman & Wakefield. PRS in Poland is a relatively new topic compared to the West. What are the differences between PRS in Poland and in the West? The PRS (private rental sector) is the short name of the…
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…
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…
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…
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…
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…
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…
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…
Selena Group is investing in the development of photovoltaics on large-area roofs. The Polish leader in the construction chemicals industry is expanding its proposition for business customers and offers complete roofing solutions, including waterproofing and photovoltaic installations for roofs. The entire roofing solution comes with a 15-year warranty. Selena Group has for many year been…
