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A company owned by Dominika Kulczyk plans to raise up to 3.4 billion zlotys for green investments from the market, with most of the money going to offshore wind farms. The extraordinary general meeting of Polenergia shareholders approved the resolution to increase the authorized capital of the company. This means a green light for the…
The Group plans to invest 650 million zlotys on the development of production and logistics. One of the largest food companies in Central and Eastern Europe wants to implement a huge project in Wadowice. The Maspex Group, a Polish food giant and owner of brands such as Tymbark, Kubuś and Łowicz, plans to invest approximately…
Among the professions that are currently in high demand, there is one that is rarely discussed in Poland, and the reason is clear: those who pursue it do not live in the country, and very few professionals embark on such careers. The fact is that many more such professionals are needed, but unfortunately, there is…
Key takeaways from the EY survey report published in March 2024. Remote work and hybrid work are nowadays a way of providing work that is often expected by employees. Almost a year after the repeal of telework provisions in the Labor Code and the introduction of the remote mode, 88% of organizations have opted for…
On April 19, the 12th Warsaw Ghetto Uprising social-educational campaign – symbolized as the ‘Daffodils Campaign’ will be held, marking the 81st anniversary of the outbreak of the uprising. The Daffodils Campaign is organized by the POLIN museum in Warsaw, which sheds light on the Jewish culture that has existed on Polish lands for 1,000…
Reuters reported that the assembly of SKD Chinese Leapmotor cars is to start in Tychy in the second quarter of this year. There is a chance that the Chinese cars will replace the Fiat 500, which is going out of production this spring. Leapmotor 03 – a small, city car with dimensions and even a…
New LNG gas carriers “Józef Piłsudski” and “Ignacy Paderewski” owned by ORLEN group will start service in 2025 increasing the group’s LNG fleet to six ships. Construction of both carriers in Hyundai Samho Heavy Industries shipyard is on schedule and expected to end in first half of 2025. Like the group’s previous carriers, “Lech Kaczyński”,…
The European Space Agency’s project AGRONAUT is developing a multi-purpose Moon lander intended to support a broad range of missions, like supplies of cargo for bases, researches, rovers and power stations. The main element of the lander is a robotic manipulator to carry objects to the Moon surface engineered by a Polish space robotics company…
Central Statistical Office (GUS) data show that wage growth remains rapid and has again exceeded economists’ forecasts, while employment remains high and real wage growth is the highest in at least a quarter of a century. In February, the growth rate of average wages again exceeded the already high forecasts of economists for the second…
The World Bank increased its annual GDP growth forecast for Poland to 3.0% in 2024, primarily on the back of the recovery in private consumption, but economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as a weaker global economy, tight monetary policy,…
Baltic Offshore Service Solution is the name of the service company established by partners developing the Baltic Power offshore wind farm. The service company was established by Energa Wytwarzanie (from the Orlen group) and the Canadian Northland Power, which is a minority partner of Baltic Power with a capacity of 1.2 GW. Baltic Offshore Service…
Poland’s government will end 0% VAT on food introduced two years ago to help soften the blow of soaring inflation. The finance ministry said the recent slowing of price rises renders the measure no longer necessary. “Due to the latest inflation readings and forecasts of prices of basic food products subject to the transitional 0%…
