Tag: Ukraine
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...
War in Ukraine disrupted the development of economy and tourism in Podkarpackie. The Carpathian...
The war in Ukraine has heavily influenced business and tourism in Podkarpacie. "Enterprises near the border are feeling some unease and there is no longer such dynamic growth among them," says Władysław Ortyl, Marshal...
War-Torn Ukraine Sees Surge in Drug-Resistant Hospital Infections
A growing number of patients in Ukrainian hospitals, dominated by soldiers and civilians injured during Russian attacks, are becoming infected with bacteria showing extremely high resistance to antibiotics. This is a serious threat as...
About 20% of Energy-related Content on Polish Internet is Disinformation. The Industry Decides to...
On average, every second Pole encounters content related to energy on the internet daily. Even one in five such messages can be misinformation, according to an analysis commissioned by the Polish Association of Professional...
Inflation in Poland is artificially lowered by 5-6 percentage points.
"In Poland, inflation is artificially deflated by 5-6 percentage points. Instead of 8%, we would have inflation at the level of 13%. Inflation is lowered by the government and Orlen, which has introduced artificially...
Local Governments in Poland Face Financial Challenges
For the past four years, local governments have been forced to patch increasing gaps in their budgets. Decreasing revenues from PIT tax, the pandemic, the war in Ukraine, the refugee crisis, inflation, high energy...
Russian society highly susceptible to Kremlin manipulation. Propaganda is also aimed at the international...
The majority of Russian society supports or silently accepts the rule of Vladimir Putin and the war conducted in Ukraine. Furthermore, following the invasion of the country, support for the actions of the Kremlin...
Uncertain global situation and the Polish economy
The Swiss company ABB plans to cease production in its low-voltage electrical apparatus factory in Kłodzko by the end of 2024. About 600 employees are expected to lose their jobs. At the same time,...
The mood of Polish entrepreneurs continues to deteriorate
According to the Central Statistical Office (GUS), the unemployment rate in Poland remained stable at 5% in September, as expected. At the same time, the number of new unemployed increased by 1.2% in monthly...
Will NATO defend Poland?
In Poland today, many people are asking themselves - considering various experiences from the past - whether the current alliances, the operations within NATO and the European Union, will effectively protect our territory. In...
Crude oil approaches $100 per barrel
Crude oil was one of the factors that significantly contributed to the global problem of excessive inflation. When Russia attacked Ukraine, supply uncertainty led to a rally in prices to nearly 130 dollars per...
The M&A market in Poland reached a record value of 74.9 billion PLN in...
The Polish transaction market continues to grow despite a difficult economic environment and keeps attracting investors' interest. From 2020 to 2022, Poland held the top spot in the Central and Eastern Europe region in...
Polish investment market in slow motion
The current results may not appear very optimistic at the moment, but this is only a temporary situation. Polish real estate market has a solid foundation, and investors have proven to be highly adaptable,...
Industrial developers take an interest in Rzeszów
Subcarpathia continues to gain importance and is likely to become a leading east-west transshipment hub supporting the rebuilding of Ukraine. Its potential has also been recognized by industrial developers who are building warehouses and...
Flex office stock grows not only in large cities
Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office...
Difficulties in finding vacant office space?
In the first quarter of 2023, developers focused on regional markets. Kraków, Wrocław, and Tri-City have been enriched with new office spaces. Meanwhile, no new office buildings were built in Warsaw. Current interest from...
Real estate market in the transition phase
The MIPIM international real estate fair in Cannes, held on March 14th-17th, 2023, as usual, was an opportunity to get acquainted with the latest trends and challenges facing the commercial market. Key issues included...
PRS sector with ambitious construction plans
The prolonging conflict in Ukraine (the refugee wave) and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland. The institutional rental...
PRS sector with a record-breaking transaction volume in 2022
The emerging PRS (Private Rented Sector) market is starting to develop in Poland.
Institutional rental comes from Western Europe and is firmly established, among others, in Germany, Switzerland and the Netherlands. For several years, interest...
2022 in the Polish warehouse market was expensive, and 2023 may be even more...
The Polish warehousing market in 2022 remained in good condition. By the end of December 2022, more than 4.4 million sqm (+42% y/y) of new space was completed, corresponding with strong activity by tenants,...