PKP Intercity has secured more than 2 billion PLN from the National Recovery Plan (KPO) to support its ambitious plans to expand and upgrade its fleet, marking a significant milestone in Poland’s public transportation sector. This grant will cover 94% of the project costs, funding the purchase of 56 zero-emission locomotives and the modernization of…
A study released in August by Deloitte found that the average mortgage interest rate in Poland is 8.06%. By comparison, homeowners in Croatia, Slovenia, and Slovakia, all eurozone members, are paying under 4%. The cash for mortgage subsidies earmarked in the 2025 budget for first-time buyers will now be redirected to areas devastated by Storm…
Poland is facing dynamic demographic changes that will shape the future of the market of senior housing and accompanying private long-term care services. With an ageing population and changing attitudes to elderly care, the sector is gaining increasing investor interest. During the event “Senior Living & Care Market in Poland”, co-organised by CMS in Poland,…
In Summer 2024 Chopin Airport broke five historical records serving in total over 6.5 million passengers from June to September. In June it broke the record of 2 million passengers per month. On 28 June nearly 75,000 travellers passed through the terminal breaking a daily record. In August another record was broken with over 471,000…
Sales of goods between Poland and Sweden have increased by 400% since Poland joined the EU in 2004. Today, Poland ranks tenth among Sweden’s largest export markets and eighth among its most important import partners, according to a report prepared by SpotData – the analysis center of Puls Biznesu – and the Scandinavian-Polish Chamber of…
In September 2024 the Polish state-owned railways PKP Intercity deployed the first Griffin 200 electric locomotives produced by Newag, which are the first Polish locomotives certified to operate at 200 km/h. In near future they are also expected to obtain certifications in Germany, Czechia, Austria and Hungary, followed by other countries in 2026. PKP Intercity…
On 19 September 2024 AE Elemental, a joint venture between US-based Ascend Elements and Poland-based Elemental Strategic Metals, opened EV (electric vehicles) batteries recycling plant in Zawiercie, marking a significant step forward in Europe’s EV battery supply chain. This newest and one of the largest battery recycling facilities in Europe has the capacity to process…
While Poland’s low unemployment rate means there will likely be no surplus occupations in 2024, 14 professions requiring higher education are projected to be in high demand. The popularity of specific university majors in Poland doesn’t always align with the needs of the job market, according to a new report. In 2022, a total of…
Minimum wage in Poland set to increase again in 2025 According to a survey by Grupa Progres, 26% of foreign workers express a desire to earn between 3,000 PLN and 3,900 PLN net. However, expectations differ among Ukrainian workers, who set a higher minimum threshold of 4,000 PLN net. In 2025, employees earning Poland’s minimum…
Construction of the longest Polish railway tunnel between Męcina and Mordarka started in mid-year will revolutionise accessibility of Małopolska region. 3.8 km long structure costing zł 2b ($ 0.5b) will enable passengers to travel at 160 km/h and cargo at 100 km/h. It is now accompanied by other local investments, like construction of a railway…
Sylwia Ziemacka interviews Or Hever, CEO of Move4Life, about fostering work-life balance and promoting the well-being of individuals and companies. How is well-being defined in the workplace for both employees and employers? Well-being is essential in the workplace, but defining it can vary between individuals. For me, well-being encompasses physical, mental, social, emotional, and financial…
Poland’s business landscape is increasingly characterized by this synergy of local and international expertise. As Polish leaders continue to make their mark, their collaboration with foreign executives enriches the economy, making it more adaptable, innovative, and globally connected. In the rapidly evolving landscape of the Polish economy, the impact of foreign business leaders remains significant….
