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A further decline in orders and poor data from industry resulted in a deterioration of business sentiment in late 2024. This weakens the willingness to invest and employ new workers. However, this is a deeper problem for the whole of Europe, which is recovering slowly from the post-COVID crisis and must, including Poland, change its…
President Andrzej Duda, an ally of outgoing ruling party – Law and Justice (PiS) – delayed the formation of a new government under Donald Tusk for as long as he could, but the lower house of parliament – Sejm – on December 12 finally elected Tusk prime minister. And the Tusk government has wasted little…
Real estate advisory firm Savills has presented a preliminary summary of 2023 for the commercial property market in Poland and predicts key trends going forward. Geopolitical and economic factors and financial market instability still have a significant impact on the real estate landscape and are expected to continue to shape it in the near future,…
2023 was another great year for Poland and the UK with notable symbolic steps taken that reflect one of Europe’s most important partnerships. Underpinned by strong shared priorities on regional security and supporting Ukraine, Polish-UK relations have been closely developing at one of the most critical and challenging times in Europe’s recent history. There were…
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…
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…
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…
