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Polish Wages Outpace Inflation, Boosting Consumer Spending
"Real wages have risen at the highest rate since February 2019. Meanwhile, the double-digit pace of nominal wage growth, which is a factor driving...
CEE: The worst is behind us, but the recovery will be...
The time of opportunity has arrived in Central and Eastern Europe. It seems that the region hit its lowest point in the third...
Creotech Instruments to Lead European Lunar Mapping Mission
The offer of the Polish consortium, led by Creotech Instruments, was selected on November 24, 2023, by the European Space Agency (ESA) to prepare...
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Investment Prospects for the 4th Quarter of 2023
The first nine months of 2023 are behind us, indicating that only one quarter separates us from the end of the first year without a global pandemic, albeit with issues such as persistent high...
Entrepreneurs over 50 in Poland: A Growing Driving Force of the...
Last year, individuals over the age of 50 established about 35,000 sole proprietorships in Poland, accounting for approximately 12% of all new businesses, according...
Polish corporate insolvencies decelerate in Q3 2023, but uncertainty remains
The highly unfavorable economic situation in recent years has resulted in the bankruptcy of 3,640 companies, marking an 89% increase compared to the same...
Polish companies see a gloomy outlook for 2023
We present the views of experts who manage the finances of key Polish companies, based on a survey conducted this year by Allianz Trade...
Polish central bank keeps rates unchanged, citing uncertainty
The Monetary Policy Council has decided to maintain the interest rate at its current level, given the uncertain global economic situation. In the Eurozone,...
Polish Development Fund Demands Return of Subsidies from Foreign Companies
The Polish Development Fund (PFR) is demanding the return of subsidies, this time those provided to the branches of foreign companies.
The Financial Shield of...
Only 31% of young Poles under the age of 30 save...
A recent study on the awareness and attitudes towards the retirement system of young Poles reveals telling insights into their financial behavior and beliefs....
Poland’s Central Bank Pushed Back Prospect of Rapid Rate Cuts, China’s...
The President of the National Bank of Poland's conference has pushed back the prospect of rapid interest rate cuts in Poland. In China, deflation...
Unlocking funds from the National Recovery Plan: A critical task for...
Unlocking funds from the National Recovery Plan will be one of the most critical tasks for the new government. There is very little time...
Polish Zloty Continues to Strengthen, Czech Inflation Falls, Turkish Unemployment Hits...
The Polish currency continues its strengthening march for another day. The Czechs are winning against inflation, and in Turkey, despite rampant inflation, we see...
Poland Becomes the Second-Largest Buyer of Gold, Central Banks Increase Gold...
The National Bank of Poland (NBP) has purchased gold for the seventh consecutive time. The purchases in October were about $1.75 billion larger than...
XTB Clients Earn Interest on Uninvested Funds, Boosting Passive Investing Offer
XTB clients will now earn interest on uninvested funds deposited in PLN, EUR, and USD. Interest is calculated daily and paid into accounts monthly....
Dividend Stocks: Back in the Spotlight as Recession Fears Grow
As 2023 draws to a close, dividend stocks have underperformed, but the end of interest rate hikes and growing recession fears are making them...
Orange Foundation: Children have the right to privacy and protection of...
The right to privacy and informed management of one’s image are some of the most valued rights among the youth – this year's report...
Navigating Construction Law in Poland: A Comprehensive Guide
The construction industry is a vital driver of economic growth and development in Poland. With an evolving urban landscape, the demand for infrastructure projects...
EU Cloud Cybersecurity Regulations Contain Many Pitfalls that Could Hinder Technology...
Collaboration between nations and businesses to protect cloud solutions from cyberattacks is crucial and demands prudent regulation. However, the cloud cybersecurity certification program (EUCS)...
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Industrial Market in Poland in Q1-Q3 2023
The Polish industrial and logistics market is transitional between economic shifts. Take-up for warehouse space declined primarily in the first half of 2023, with...
Offices are becoming increasingly popular
Interest in leasing offices is growing. In the third quarter, both in Warsaw and on the regional markets, the demand for office space was...
Regional cities see demand for office space grow
New office supply reached nearly 236,000 sq m in Poland’s key regional cities in Q1-Q3 2023, says international real estate advisory firm Savills. Gross...
Poland Needs to Bridge Competency Gap to Stay Competitive in Digital...
Cybersecurity competencies are currently the most sought-after technological skills, especially in the Central and Eastern Europe region, and the competency gap in this area...
Artificial intelligence enhances the early detection of rare diseases, with its...
Even with 90% accuracy, artificial intelligence models can detect genetic changes that may lead to rare diseases. This is crucial because genetic screening and...
AI Revolution: Polish Employers Unprepared
Nearly one in four individuals representing companies operating in Poland believes that, with the implementation of artificial intelligence-based solutions, employee salaries will decrease. 60%...
Polish Office Market Summary Q3 2023: Developer Activity Slowing, Tenant Activity High, Vacancy Near...
The international consulting firm Cushman & Wakefield has summarized the third quarter of the office market in Poland. Both in Warsaw and in regional markets, a consistent decrease in developer activity can be observed....
Polish Office Market: Supply Slowdown Continues, Tenant Activity Remains High
The international advisory firm Cushman & Wakefield has summarized the third quarter of the office market in Poland. In both Warsaw and the regional markets, a consistent decline in developer activity can be observed....
Commercial Real Estate Market in Poland
The market for commercial real estate in Poland has remained steady over recent months. Despite the fact that developers have put into use only about 43,000 square meters of new space, new brands continue...
The Housing Market in the Third Quarter: A Surge in Demand Meets Shrinking Supply
The third quarter in the housing market was characterized by a continuous decline in available listings, accompanied by a rise in demand. The result? Most provincial cities saw an increase in average listing prices,...
Polish Commercial Real Estate Market – Summary of the Third Quarter of 2023
The international advisory agency, Cushman & Wakefield, has summarized the situation in the commercial real estate market. By the end of the year, the sector may see an increase of approximately 200,000 sqm, with...
Displate Recognized Among the Top Licensees in the World
Displate, the manufacturer of unique magnet-mounted metal posters, was named one of the top licensees in the world by License Global Magazine.
The industry’s leading...
Overtime: A Real Problem in the Polish Labor Market
The research clearly shows: overtime is a real problem in the labor market. It affects the vast majority of specialists and managers - regardless...
Distributor malfunction or fuel shortage?
Visitors to numerous Orlen fuel stations in Poland are met with a peculiar sight these days: notes hung up announcing distributor malfunctions. This isn't...
ORLEN will take control over key gas infrastructure
Europol Gaz, by the decision of the Minister of Development and Technology, will become the owner of the company's shares previously belonging to PAO...
Oil Prices Surge in Response to Events in Israel
Due to recent events in Israel, the price of Brent crude oil has risen from $84 to $88 per barrel. This marks the largest...
Hacktivism: The Alarming Rise of Cyber Activism
Hacktivism, defined as the actions of criminal groups in cyberspace aimed at promoting socio-political agendas or spreading misinformation, has become an increasingly worrying phenomenon...
Top Polish Military Officials Step Down
In a turn of unexpected events and just ahead of crucial national elections, two of the most senior commanders of the Polish army –...
Employees Ahead of Managers: AI Adoption Without Training and Guidelines
Employees Ahead of Their Managers: 48% of respondents use artificial intelligence, with 18% using it daily. However, only 16% have received training in this...