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The latest “Polish Startups” report published by the Startup Poland Foundation shows that the revenue situation of startups is currently better than a year earlier. This is the 9th edition of the Polish Startups report, published annually by the Startup Poland Foundation. The results of this year’s accompanying survey confirm that although the revenue situation…
The capital of Lower Silesia is the highest ranked non-capital city in Central and Eastern Europe, taking into account economic indicators, according to a report prepared by Eurostat. Wroclaw is also the highest ranked Central European city in the Globalization and World Cities global ranking, which includes cities from around the world. Among European Union…
The European Gas Transmission System Operators: Gasgrid Finland (Finland), Elering (Estonia), Conexus Baltic Grid (Latvia), Amber Grid (Lithuania), GAZ-SYSTEM (Poland) and ONTRAS (Germany) participating in the international project for the creation of the Nordic-Baltic Hydrogen Corridor signed a contract for the preparation of pre-feasibility study on the green hydrogen corridor. AFRY Management Consulting, the tender…
Experienced sales, accounting, RES and sustainability professionals, as well as IT experts, will be able to pick and choose job offers this year, although not all IT specialists will head the list of sought-after candidates. “While in previous years, when asked which specializations would rule the labor market, headhunters unanimously pointed to software developers, the…
The issue of women’s underpayment is one of the most frequently raised aspects in the context of gender inequality. According to Eurostat, the average wage gap in Poland is 4.5%. In the private sector, it is 12.9%, while in the public sector it is only 2.3%. The financial sector is also one of the industries…
In November 2023 PGNiG Upstream Norway from ORLEN Group took-over the extraction company KUFPEC Norway AS, subsidiary of Kuwait Foreign Petroleum Exploration Company k.s.c.c., thanks to which ORLEN’s gas extraction in the Norwegian Continental Shelf will increase by 1/3 to exceed 4 billion cubic meters per year. The transaction includes shares in 5 fields already…
In December 2023 last year Eurostat published data for the 1st quarter with 51% increase in reloading volume of Port Gdańsk, which was the EU record that resulted in Gdańsk’s 5th position in the European Union. The biggest ports Rotterdam, Antwerpen, Bruges and Hamburg reported declines in the 1st quarter 2023. Gdańsk has been the…
In November 2023 Thorium Space S.A. joined HummingSAT project of the European Space Agency (ESA) to develop the first Polish telecommunications satellite SmallGEO expected to be put in orbit in 5 years. Thorium is a Polish company that designs and constructs innovative telecom systems. It was established in 2017 and operates in Wrocław and Warsaw….
In recent years, we have become accustomed to numerous changes in tax law coming into force on the first of January. New legislation was usually passed in the last months of the previous year and took effect after a very short vacatio legis. So short, in fact, that the first weeks of each new year…
Key takeaways from the roundtable discussion between key players in the market, regional authorities and universities, organized by the Boeing Company and Invest in Pomerania and the Pomerania Development Agency. On December 12, 2023, thanks to the efforts of the Boeing Company and Invest in Pomerania, an initiative coordinated by the Pomerania Development Agency, an…
International IT company SOFTSWISS is expanding its operations in Poland by opening a new office in Poznan. The international SOFTSWISS Group has officially opened the doors of its new office in Poznan. It was in the city that SOFTSWISS first began its journey three years ago with its main partner on the Polish market, Merkeleon…
After a sharp decline in 2020 and a strong recovery in 2021, global direct investment in 2022 fell by 12% to $1.3 trillion. According to reports from international organizations (including UNCTAD), the decline was caused by global factors, related to the war in Ukraine, high energy and food commodity prices, rising interest rates and uncertainty…
