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On November 26, 2024, Ghelamco, a leading developer in the Polish office space market, sold its flagship investment, Warsaw Unit—one of the most modern and environmentally friendly skyscrapers on the continent—to the Swedish company Eastnine AB for EUR 280 million. This marks the largest transaction in the European office space market this year. The building,…
In November, the U.S. International Development Finance Corporation (DFC) signed a Letter of Intent to provide a $1 billion loan to the state company Polskie Elektrownie Jądrowe Sp. z o.o. for the construction of Poland’s first AP1000 nuclear power plant. The plant will be built in collaboration with the consortium of Westinghouse Electric Company and…
The Academic Computer Centre ‘Cyfronet’ at AGH University in Kraków is implementing the AI Factory project to become the first Artificial Intelligence Factory in Poland. Thanks to the government’s and the European Union’s financial support of zł 70 m ($17.5 m), the Centre’s main supercomputer, Helios GPU, will have its computing power strengthened to become…
One of the global deferred payment leaders, Klarna, wants to build a new technology hub in Warsaw. It has been present in Poland since 2021 and considers this investment a milestone in global development in AI solutions and financial innovations. “Poland will be a technology superpower in Europe. Thanks to its exceptional engineering talent, blooming…
Europe urgently needs to strengthen its economy and address its growing competitiveness gap to remain an anchor of peace, prosperity, and stability in a world marked by rising geopolitical tensions. The Polish Presidency of the European Union will coincide with the entry into power of a new European Commission, presenting a unique opportunity to reset…
Four Polish state-owned entities—Agencja Rozwoju Przemysłu S.A. (ARP), Polska Grupa Zbrojeniowa S.A. (PGZ), Grupa Azoty S.A. (state majority shareholding), and MESKO S.A.—signed a Letter of Intent to develop a gunpowder factory with a raw materials base in Poland. This initiative aims to meet the increasing demand of the Polish armed forces, particularly for multi-caliber NATO…
Donald Tusk’s government white paper envisages greater selectivity in the migration process. A major rethink of border control and the granting of rights to asylum and employment in Poland emerged from a white paper published on October 15 by the Polish government, drawing both plaudits and criticism. Prime Minister Donald Tusk announced the changes several…
In October, the European Space Agency (ESA) launched its Hera probe with a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida on a long trek across the Solar System to the binary asteroid system Didymos-Dimorphos, which became famous in September 2022 after NASA’s probe hit Dimorphos during the Double Asteroid Redirect…
Poland continues to showcase its strength as one of the fastest-growing economies in the European Union. According to the European Commission’s Autumn Economic Forecast, real GDP is expected to grow by 3.0% in 2024 and 3.6% in 2025, after a modest increase of 0.1% in 2023. However, recent data and expert analyses provide deeper insights…
A mayor, a boxing historian, and a TV host spar for the Polish presidency. The 2025 race for the Polish presidency is taking shape as all major parties have chosen their candidates. While the Polish President plays second fiddle to the Prime Minister and the position is largely ceremonial, the head of state holds the…
Longevity Center Europe to Join Roundtable of Longevity Clinics at the Buck Institute to Establish Global Standards in Longevity Practices With lifespans increasing worldwide, the need to ensure that those additional years are healthy has never been more pressing. This shift places a premium on quality of life and on creating environments that support not…
Poland has been intensively working on developing its own nuclear power production over the last decade, but Polish research in nuclear technologies spans more than 70 years. In 1955, the Polish Academy of Sciences opened the Nuclear Research Institute in Świerk near Warsaw. The first reactor, named Ewa, was launched in 1958 and operated for…
