Poland’s economy relies heavily on the contributions of foreign workers, as recent data from the Central Statistical Office (GUS) illustrates. By the end of July 2024, more than 1 million foreigners from over 150 countries were employed in Poland, representing 6.8% of the total workforce. Ukrainian citizens formed the largest group, with 701,300 individuals playing…
On November 26, 2024, Ghelamco, a leading developer in the Polish office space market, sold its flagship investment, Warsaw Unit—one of the most modern and environmentally friendly skyscrapers on the continent—to the Swedish company Eastnine AB for EUR 280 million. This marks the largest transaction in the European office space market this year. The building,…
In November, the U.S. International Development Finance Corporation (DFC) signed a Letter of Intent to provide a $1 billion loan to the state company Polskie Elektrownie Jądrowe Sp. z o.o. for the construction of Poland’s first AP1000 nuclear power plant. The plant will be built in collaboration with the consortium of Westinghouse Electric Company and…
The Academic Computer Centre ‘Cyfronet’ at AGH University in Kraków is implementing the AI Factory project to become the first Artificial Intelligence Factory in Poland. Thanks to the government’s and the European Union’s financial support of zł 70 m ($17.5 m), the Centre’s main supercomputer, Helios GPU, will have its computing power strengthened to become…
One of the global deferred payment leaders, Klarna, wants to build a new technology hub in Warsaw. It has been present in Poland since 2021 and considers this investment a milestone in global development in AI solutions and financial innovations. “Poland will be a technology superpower in Europe. Thanks to its exceptional engineering talent, blooming…
Europe urgently needs to strengthen its economy and address its growing competitiveness gap to remain an anchor of peace, prosperity, and stability in a world marked by rising geopolitical tensions. The Polish Presidency of the European Union will coincide with the entry into power of a new European Commission, presenting a unique opportunity to reset…
From the Tatras to the Alps and Beyond More and more Poles are choosing to spend the Christmas season away from home, seeking destinations that combine traditional holiday charm with opportunities for relaxation and adventure. While Poland’s mountains—particularly the Tatras and the Karkonosze—remain popular, an increasing number of Poles are looking abroad to escape the…
Four Polish state-owned entities—Agencja Rozwoju Przemysłu S.A. (ARP), Polska Grupa Zbrojeniowa S.A. (PGZ), Grupa Azoty S.A. (state majority shareholding), and MESKO S.A.—signed a Letter of Intent to develop a gunpowder factory with a raw materials base in Poland. This initiative aims to meet the increasing demand of the Polish armed forces, particularly for multi-caliber NATO…
In October, the European Space Agency (ESA) launched its Hera probe with a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida on a long trek across the Solar System to the binary asteroid system Didymos-Dimorphos, which became famous in September 2022 after NASA’s probe hit Dimorphos during the Double Asteroid Redirect…
Poland continues to showcase its strength as one of the fastest-growing economies in the European Union. According to the European Commission’s Autumn Economic Forecast, real GDP is expected to grow by 3.0% in 2024 and 3.6% in 2025, after a modest increase of 0.1% in 2023. However, recent data and expert analyses provide deeper insights…
Longevity Center Europe to Join Roundtable of Longevity Clinics at the Buck Institute to Establish Global Standards in Longevity Practices With lifespans increasing worldwide, the need to ensure that those additional years are healthy has never been more pressing. This shift places a premium on quality of life and on creating environments that support not…
“Driving innovation, improving healthcare, and fostering global partnerships—these are the key takeaways from ‘The Impact of the Medical Biotechnology Sector on the Economy and Medical Advancements,’ a report published by BioInMed.” Poland’s medical biotechnology sector is rapidly emerging as a vital force in addressing critical global health challenges. With innovative solutions in development, Polish companies…
