Tag: Contrast
Poland’s Industrial Market in 2023 – slower, but not weaker
After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was a period of greater challenges due to a change in...
Warsaw Office Market Prepares for Rising Rents
As of the end of 2023, Warsaw remains the leader on Poland's office market, but 61,000 sqm (-74% y/y) completed in the last 12 months was one of the lowest results in its history....
The strange anatomy of global debt
DEBT: Global debt trends matter and the current levels are eye-poppingly high. However there are big differences across the segments of governments, companies, or households with very disparate sensitivity to interest rate changes given...
Mastercard Christmas Spending Survey Reveals Poles’ Gift Preferences and Finances
Over half of the survey respondents intend to spend up to 1000 złoty on Christmas shopping;
46% of those surveyed admit that they save for Christmas expenses well in advance;
The most popular gifts...
CEE: The worst is behind us, but the recovery will be mild
The time of opportunity has arrived in Central and Eastern Europe. It seems that the region hit its lowest point in the third quarter – the worst is behind us, although the recovery...
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 a resurgence in Q3, resulting in aggregate take-up for the first...
Poland’s Central Bank Pushed Back Prospect of Rapid Rate Cuts, China’s Deflation, and Cryptocurrency...
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 was recorded in both consumer and producer prices. The cryptocurrency...
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 in partnership with the Association of Polish Corporate Treasurers (PCTA)....
Polish Zloty Continues to Strengthen, Czech Inflation Falls, Turkish Unemployment Hits Multi-Year Low
The Polish currency continues its strengthening march for another day. The Czechs are winning against inflation, and in Turkey, despite rampant inflation, we see multi-year unemployment lows.
Inflation in the Czech Republic takes a dive
Referring...
Stock Markets Poised for Rebound in Q4 2023?
In the financial world, the months of September and October are often considered pivotal. This year, they could potentially determine the trajectory of stock market performances not just in Poland, but across Europe. The...
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 domain. A mere 18% of organizations have put risk management...
Digi Index 2023: Automotive sector leading in digitization
Last year's observed significant acceleration in the digitization of the industry in Poland was a positive indicator. However, the economic reality has modified many manufacturers' plans, requiring them to postpone subsequent stages of transformation....
The Office of the Future: Hybrid and Hot-Desking
The transformation of workplace styles in recent years has demonstrated that designing effective workspaces requires a balance between efficiency and comfort. The future of offices became a major debate topic during the pandemic. Predictions...
Poland’s energy price protection measures among most effective in Europe, report finds
European countries have collectively allocated 758 billion euros to protect energy consumers from the sudden increase in energy prices, spurred in part by Russia's assault on Ukraine. However, the effectiveness of these unprecedented expenditures...
Poland’s home mechanical ventilation services under pressure due to limited funding
Currently in Poland, there are approximately 10-12 thousand patients who are using ventilators at home, and the queue for such services is continuously growing. Considering the epidemic of chronic obstructive pulmonary disease, the demand...
Lower Tax Thresholds from 2024 – Fewer Entrepreneurs Will Benefit from Small Taxpayer Status
Tax limits for the year 2024 will be lower than in 2023. As a result, fewer entrepreneurs will be able to benefit from the status of a small taxpayer, quarterly VAT settlement, or avoid...
Cross-border sales during Black Week
Cross-border trade provides an opportunity for much higher sales during Black Week, experts suggest. Where were Polish stores selling the most? Which categories were the most popular? How can online stores prepare for Black...
This time the Polish Central Bank did not weaken the zloty, market reaction significantly...
Following the Polish Monetary Policy Council's (RPP) entirely unexpected decision a month ago to slash its benchmark interest rate by 0.75 p.p., the Polish currency significantly weakened. The EUR/PLN rate jumped within a week...
Generative AI in Industry: The Game-Changer for Production Efficiency and Knowledge Management
By applying solutions based on generative artificial intelligence, industrial companies can automate over one-third of their working hours, thereby radically increasing their efficiency, according to analysis from Bain & Company. Gen AI-based technologies find...
Prices of dormitories and apartments for students at historic levels
Rising property prices are also hitting students. In Wrocław, dormitory rates have reached 1350 PLN, and the rent for a studio apartment in Warsaw is over 3200 PLN. This is even 600 PLN more...