Tag: Element
Polish real estate market predictions for 2024
The Polish investment market is currently characterized by relative liquidity and low total volume of investment compared to previous years, which is due to the macroeconomic, geopolitical situation and market development. According to experts,...
Foreigners from Asia and Africa increasingly choose Poland as a destination for economic migration
The production, logistics, warehousing, trade, and transport sectors are attracting the most interest among candidates from Asia and Africa who choose Poland as their destination for economic migration. The majority of applications come from...
Changes to EU treaties will be the biggest constitutional reform in the history of...
Changes in two key European Union treaties are a topic that has been stirring controversy in Poland for months, not only among politicians. The European Parliament has proposed in them that more decisions should...
The risk of natural disasters is increasing. Poland must prepare for the effects of...
Between 2016 and 2021, insurance companies reported 3622 instances of natural disasters to the Financial Supervision Commission, including floods, storms, droughts or tornadoes. Such events are set to become increasingly frequent. For example, in...
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 inflation, has been sustained since the beginning of 2022. Consumption...
Outsourcing on the Rise as Businesses Seek to Adapt to Changing Tax Landscape
The globalization of regulations, frequent changes in the law, and the growing digitalization of settlements are prompting businesses to reorganize their tax functions and teams. It's becoming imperative for companies to hire external experts,...
EU Customs Union reform: Streamlining processes and facilitating trade
In September, the legislative process in the EU Council began to set in motion the long-anticipated reform of the Customs Union. The proposed solutions aim to streamline customs processes for companies. "Simplifying procedures, digitization,...
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...
NBP bought approx. 100 tons of gold within 6 months
The National Bank of Poland (NBP) has continued its strategy of securing the country's financial stability through systematically increasing its monetary gold reserves since April this year. After purchasing additional tonnes in September, it...
High Street Fashion Shares Soar Despite Falling Demand
Shares of the 10 largest European high street fashion companies increased by 24.9 percent over the past year, with shares of the Polish company LPP rising more than shares of Inditex or H&M. The...
Poland to Create a National Bicycle Strategy
Poland is the largest country in the European Union without a national bicycle strategy. Around 20 countries in Europe have such a document, while another nine are in the process of developing one. This...
Drastic decline in the mental health of Polish workers
Almost ⅔ of employees have noticed a deterioration in mental health in the last 3 years. One in five working Poles used psychological support last year, and 62% of them call for such opportunities...
Experts Divided on Poland’s Inflation Outlook
The dynamics of price growth in stores continues to decline. However, experts are unable to determine whether this trend will continue. They claim that there are currently many factors in the market which complicate...
Demand for Housing Loans Increases by 248.8% in September
The demand for housing loans in September 2023 increased by 248.8% - according to the BIK Index for Housing Loan Demand (BIK Index - PKM). The value of the Index means that in September...
The Virtual Pedagogical University Launches
"The educational system which focuses on knowledge transmission instead of skill development, and the need for continuous skill enhancement for teachers are the challenges faced by education today," indicates Prof. Roman Leppert, a pedagogue...
Polish Insurance Industry Navigates Economic Storm Clouds
Inflation, geopolitical risks, and regulatory, demographic, and climatic changes keep the insurance industry in a near-constant state of transformation. The industry's future will largely be determined by its ability to adapt to changing social...
Interest Rate Cut Favors Housing Demand, But It’s Not Enough
To what extent does the greater availability of loans translate into demand for housing? Has the interest rate cut led to increased investor interest in residential projects intended for institutional rental? How does the...
Record-breaking deal from 7R: two warehouse parks in Łódź and Szczecin to join the...
7R, a developer specialising in high-quality warehouses, finalised the sale of 7R Park Szczecin and 7R Park Łódź West II. The new owner of the properties became P3 Logistic Parks.
The total area of the...
Inflation in Poland finally single-digit, but only thanks to fuel price freeze
Poland manages to bring inflation to single digits. This is considered a success considering that it required freezing fuel prices. The US dollar continues to strengthen, despite weaker data. Building a coalition is proving...
Who will benefit from elections in Slovakia? Pro-Russian party returns to power
The social democratic party SMER, a left-wing party focused on government support, has again won the majority of votes in the recent elections. This is the fourth term for the party, which previously ruled...