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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…
Demography, health, education and ecology. New technologies are increasingly important for solving our most pressing problems. The positive impact of technology on business has been talked about for a long time now and investment is following suit, such as cloud or artificial intelligence, which are increasing rapidly. Increasingly, new technologies are also finding their way…
MIM Fertility – a Polish pioneer in the field of artificial intelligence – has announced the closing of a seed round of $2 million. The investment was led by Warsaw-based venture capital investors Tangent Line and Peleton. MIM Fertility – a Polish pioneer in the field of Artificial Intelligence. MIM Fertility proposes breakthrough solutions in…
A subsidiary of IT company Spyrosoft has won a BBC tender for a three-year collaboration to expand the broadcaster’s IT engineering team. The value of the contract is expected to exceed £20 million. Spyrosoft said in a stock exchange release that its subsidiary had been selected in a two-part tender on 23 November. A standstill…
It’s been a while since we’ve discussed ESG issues. Most of the attention has been focused on environmental policies, while I believe the “S,” which stands for the social impact, may be even more important as we move forward. In particular, the impact of employers on employees. And there are several reasons for that. If…
LOT Polish Airlines are the 3rd best in the world in AirHelp Score ranking of 83 airlines surveyed from 1st January to 30th September 2023 as the biggest and most popular ones on the global list of over 800. The ranking criteria were: flight timeliness (within 15 minutes), passengers opinions (on flight crew, comfort, cleanness,…
On 24 November Polish Ministry of Climate and Environment issued a decision-in-principle for construction in Pątnów-Konin of the country’s 2nd large nuclear power plant using two APR1400 reactors delivered by South Korean KHNP. According to the application submitted for the plant in August this year by PGE PAK Energia Jądrowa, the two units will generate…
On Poland’s Independence Day 11 November 2023 two new Polish satellites were put in orbit by Falcon 9 (SpaceX) starting from Vandenberg Space Force Base in California to launch in total 90 satellites for various companies from all-over the world. The first Polish satellite Intuition-1 observes the Earth with a hyperspectral instrument and on-board computing…
Facing inflation and geopolitical uncertainty, investors have been forced to revise their strategies, according to the Schroders Global Investor Study 2023. Persistent inflation and geopolitical uncertainty – coupled with the need to decarbonize economies – are making it difficult to navigate markets and forcing investors around the world to revise their investment strategies, the flagship…
Creotech Instruments presented its results for Q3 2023, in which it generated PLN 33.2 million in total revenue, up 45% year-on-year, of which PLN 22.5 million was revenue from product sales, 64% more than in the same period last year. In line with the company’s development plan, including the intensification of R&D work in key…
The Chinese company Sanhua Automotive has invested between PLN 160 million and PLN 208 million in a plant for the production of thermal system parts for electric and hybrid vehicles in the Katowice Special Economic Zone (KSSE). The plant is expected to create 350 new jobs by 2025. The plant will produce parts for electric…
