Tag: Czech Republic
Service centres occupy over half and 45% of the office stock in Krakow and...
Although employment in the shared services sector is growing by the year, this has not led to stronger demand for office space. However, SSC/BPO/R&D centres remain key office tenants in Krakow and Wrocław. Warsaw...
Mateusz Juroszek Steps Down as CEO of STS S.A., Radim Haluza to Take Over
Changes in the Management Board and Supervisory Board of STS S.A., the market leader in sports betting in Poland and one of the largest operators in Central Europe, are planned from January 1, 2024....
DDoS Attacks by Pro-Russian Hacktivists Disrupt Websites in Europe, but Experts Say They’re No...
NoName057(16) is attacking websites in Germany, Poland, and the Czech Republic, affecting portals and sites of the transportation, governmental, financial, and media industries, according to Check Point Research. Supposed targets are companies such as...
Poland’s Financial Sector Gears Up for Green Transition
The green transformation in Europe is increasingly influencing all sectors of the economy, including the financial industry. Successive regulations are forcing banks and other institutions to consider ESG issues when making decisions about granting...
Nuclear Power Makes a Comeback in Europe
Russian aggression against Ukraine and the energy markets crisis have triggered a revival in nuclear energy, with many EU countries now planning to invest in this sector, including Poland. The country plans to build...
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...
Unlocking funds from the National Recovery Plan: A critical task for the new Polish...
Unlocking funds from the National Recovery Plan will be one of the most critical tasks for the new government. There is very little time left to allocate these resources. The disbursement of approximately 158...
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...
Poland’s capital gains tax exemption for holding companies: A complex requirement with limited applicability
The problem with applying capital gains tax exemption when selling shares by a Polish holding company comes down to one statutory requirement. This requires a detailed knowledge of all indirect shareholders of the holding...
Renewable Energy Sources in Central-Eastern Europe
Even though Central-Eastern Europe does not have a major presence in the global renewable energy sector, it has seen significant growth between 2018 to 2022. During this period, the region increased its renewable energy...
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...
Polish Companies Increasing Foreign Investments
The majority of Polish investments are located in Europe, but the United States, India, and the Middle East are becoming increasingly popular. According to the NBP, the value of Polish direct investments abroad was...
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...
Columbus presented a new development strategy for the years 2023-28
In its business strategy for 2023-28, Columbus outlines short- and long-term goals. It also arranges plans for foreign expansion and BESS market operations.
The published Columbus strategy indicates several key areas where the management sees...
Poland reinstates border controls with Slovakia due to increased migrant movement
On Tuesday afternoon, Polish authorities officially announced the reinstatement of border controls with the Slovak Republic. This decision is in response to the increased migrant movement in the region.
According to the information provided by...
Warehouse rental prices in Europe remain high, but the rate of growth is slowing...
Data from the international advisory agency Cushman & Wakefield suggests that rents for prime warehouse spaces in Europe remain high. However, following a period of exceptional growth, the pace of increase has started to...
Polish companies: competitive and growing, but facing a labor shortage
Domestic companies are becoming increasingly competitive on the global market, thanks in part to their family-oriented nature, and the commitment and high competence of their employees. "We are simply good and hardworking, and in...
Poland needs to raise awareness of organ donation to save lives, experts say
The strengths of Polish transplantology are experience, highly educated medical staff and modern equipment. However, the problem remains the insufficient number of donors and low social awareness concerning transplantology, a problem that doctors face...
Nuclear projects are gaining momentum. Poland seems doomed to rely on nuclear power
In the next 17 years, nuclear power is expected to account for approximately one quarter of electric power production in Poland. Both the first nuclear power plant in Pomerania and the second one in...