Tag: Poland
Alimony Debts Skyrocket: Unpaid Benefits Approach PLN 15 Billion
Alimony arrears are hitting new records. According to data collected in the BIG InfoMonitor Debtors Register, the amount of unpaid benefits approached PLN 15 billion at the end of November. The group of non-paying...
Janusz Filipiak, CEO of Comarch, Dies at 71
Janusz Filipiak, CEO of Comarch, has passed away. The company announced the death of the entrepreneur in an official statement. He was admitted to the hospital in critical condition at the beginning of October.
"The...
Murapol S.A. Makes Successful Debut on Warsaw Stock Exchange
Shares of Murapol S.A., one of the largest and most experienced residential developers in Poland, are now listed on the main market of the Warsaw Stock Exchange. The debut on the Warsaw exchange is...
Polish companies becoming increasingly aware of cyber threats associated with AI
Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies Implement AI" - nearly all respondents (92%) consider the aspect...
Securitization of trade receivables in Europe and Poland: stable growth and prospects
The European market for trade receivables securitization is experiencing steady growth, and current macroeconomic conditions, particularly persistently high-interest rates, should promote its further development, including in Poland, according to experts from the law firm...
High demand and low supply of corporate bonds in the second half of 2023
Even though it's only the beginning of December, in the second half of this year, corporate bond issuers have conducted public offerings worth over PLN 800 million, with investors subscribing for a total of...
CJEU Ruling Could Decimate Polish Banking Sector
On Thursday, December 14, another significant ruling from the CJEU (Court of Justice of the European Union) concerning the settlements of franc borrowers with banks is expected. This could further strengthen the position of...
PGE Plans to Expand the Peak-Pumping Power Plant in Żarnowiec. The 40-year-old Facility will...
The Żarnowiec peak pump power plant in Pomerania, with a power output of over 700 MW, was launched exactly 40 years ago and remains the largest facility of this type in Poland. In the...
New Polish Government Embarks on Strategic Review of CPK Project
- "The future of the Central Transportation Hub (CPK) will be decided in a transparent manner," announced Donald Tusk in his speech yesterday and emphasized that independent experts will be involved in the decision-making...
PGE and Nokia Partner to Implement Next-Generation LTE450 Network for Polish Energy Sector
The LTE450 Network is a program that aims to accelerate the digitization of Polish energy sector. The completion of the installation of purchased equipment necessary for the launch of the first services in the...
Polish Entrepreneurs Seek Return to Partnership Cooperation with Government
Allowing taxpayers to make agreements with the tax office, binding deadlines for officials in the Code of Administrative Procedure, a separate government department for coal phase-out, and most importantly, rebuilding dialogue between the government...
Polish Council of Shopping Centers and Polish Chamber of Commercial Real Estate Release ESG...
The Polish Council of Shopping Centers and the Polish Chamber of Commercial Real Estate have jointly prepared the compendium "ESG for Commercial Real Estate. Selected Topics and Practices". This unique guide collects the work...
Financial Institutions Prioritize Cybersecurity Investment Amidst Growing Digital Adoption
Financial sector companies are evolving digitally, with cybersecurity becoming of ever-increasing importance. Organizations are increasingly aware of the impact of this aspect on their business strategies. According to the latest report by consulting firm...
President Andrzej Duda Appoints Donald Tusk’s Government
President Andrzej Duda appointed the Council of Ministers, selected by the Sejm, with Prime Minister Donald Tusk and received their oaths of office. Speaker of the Sejm Szymon Hołownia participated in the ceremony at...
ORLEN, Lafarge and Air Liquide receive grant for CO2 terminal in Gdańsk
The marine carbon dioxide transshipment terminal, a joint venture by ORLEN, Lafarge Cement S.A., and Air Liquide Polska, has secured a grant from the European Commission to prepare investment project documentation and feasibility studies...
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...
Polish Hotel Market on the Rise: Demand, KPIs, Modernization, and ESG
Based on the latest Trends Radar report "Real Estate on the wave of change" prepared by the international consulting agency Cushman & Wakefield, the hotel market in Poland is recording consistent increase in demand...
Krakow cements its position on the office market with new office projects and stable...
According to the latest report from Newmark Polska, Krakow’s total office stock will surpass 1.8 million sqm in 2023, posting an annual growth of 5.5%. Occupier demand remains strong despite global economic headwinds. Krakow...
Polish office market faces challenges, but outlook remains optimistic
The decline in investment volume, which has been recorded this year in all sectors of the real estate market in Poland, is particularly visible in the office segment. Despite the relative recovery that could...
Poland among the worst countries in the EU in terms of implementing directives
So far, Poland has been one of the last in the European Union in terms of the number of directives that have not been implemented on time. However, it has fared better in the...