Tag: Poland
Significant Labor Market Changes Expected in 2024: From Wage Increases to Immigration Reform
According to the predictions of the parties forming the new government, significant changes await Polish workers in 2024. The vision of labor market reform, outlined in the coalition agreement, focuses on striving for gender...
Alarming Rise in Consumer Bankruptcies in Poland
In the third quarter of this year alone, 5067 consumer bankruptcies were announced. The insolvent debtors' creditors lost PLN 146.5 million, according to data from the National Debt Register. This year will be record-breaking...
Agricultural Machinery Market in Poland: Registrations Down in November
In November, 124 fewer new tractors and 62 fewer new trailers were registered than the previous month. After slight "bounces" in the previous months, there is a return to the downward trend in the...
Oil Price Plunge: Relief for Drivers, But Gas Stations May Take Time to Respond
On St. Nicholas Day, we might not have received the gift of cheaper loans from the Monetary Policy Council, but a reduction in oil prices will also please drivers. Considering more people in Poland...
Polish companies increasingly exposed to price changes, economic slowdown, and cyber attacks
According to a study by Aon Polska entitled "Global Risk Management Survey 2023," up to 2/3 of Polish companies have incurred losses due to changes in the prices of goods and services or the...
Insurance Compensation Payouts in Poland in the Third Quarter of 2023
During the three quarters of 2023, insurers paid out PLN 33.1 billion in compensation and benefits. This is 1.6% less than the previous year. This was influenced by a reduction of PLN 2.2 billion...
Harmony Link – Rising Project Costs Call Its Implementation Into Question
Poland and Lithuania need an additional power connection to increase energy supplies via a bridge connecting our two countries, and also connecting mainland Europe to the socalled 'Energy Island' of the Baltic States, Lithuania,...
Electromobility Throws Poland’s Automotive Sector into Turmoil
Most car manufacturers declare that they will be ready by 2035 for the obligation to introduce only zero-emission vehicles into circulation. However, the problem will lie with the manufacturers of parts and components, 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...
Electrification of the fleet will be a challenge for garages and spare parts manufacturers....
Based on forecasts by Roland Berger consultancy and the European Association of Automotive Suppliers (CLEPA), there will be more electric cars than combustion engine cars on European roads, but only by 2038. However, the...
Empower Your Employees with Time Instead of Chocolates: A Path to Workplace Satisfaction
Dear employers, instead of chocolates, gift vouchers, and Christmas calendars - give your employees a free Friday, shortened working hours, or a more convenient work schedule. This will surely pay off - argues Alicja...
Young Poles: More Conservative, Yet Most Trusting of Democratic Institutions
Young Poles, both women and men, tend to be more conservative than their counterparts from other European countries, but at the same time, they place the most hope in well-functioning democratic institutions, such as...
Polish Startups Show Resilience Amidst Global Funding Constraints
According to the latest report "Polish Startups" issued by the Startup Poland foundation, the current revenue situation of startups is better than a year ago. More than half (51%) of them generate significantly higher...
TSL Industry Grapples with Financial Challenges Amidst Rising Costs, Declining Demand
Wage pressure, rising fuel and energy prices, inflation and unstable interest rates - these are the challenges currently facing the TSL (transport, freight and logistics) industry. Its problems are reflected in the database of...
Markets Anticipate Five Interest Rate Cuts in the US by 2024
Markets are pricing in five interest rate cuts in the US by October 2024. The decisions of the Federal Reserve (Fed) will affect currency markets, the Polish złoty, cryptocurrencies, and the price of gold.
Are...
Bitcoin at the service of the American Space Forces? It’s real and it makes...
One of the branches of the U.S. Armed Forces may take a closer look at cryptocurrencies, not for financing an arms race but for their underlying technology. The interest of the Space Force is...
The European Blue Deal (Blue Order) is a chance for Poland
The European Economic and Social Committee (EESC) continues working under the slogan "Call for Blue Deal". The Blue Deal is intended to be the water equivalent of the Green Deal. The EESC has recognized...
Polish and Ukrainian companies join forces to solve the transport crisis
The transportation crisis at the Ukrainian-Polish border is causing losses for many companies. Polish and Ukrainian businesses are creating a platform for dialogue to reach a consensus.
The Union of Entrepreneurs and Employers (ZPP) and...
Almost one third of European financial directors are testing solutions related to generative AI
Despite the growing popularity of generative artificial intelligence, it turns out it is not widely used among CFOs. Currently, 12 percent of European companies plan to implement AI solutions, and almost one third are...