Tag: War in Ukraine

The Warsaw region is currently the largest data centre market in Poland. The capital is home to more than 50 server facilities and a key exchange point for internet traffic in the country. In...

Poland's industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called COVID period falling in 2020-2022, the logistics and manufacturing market...

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...

The situation of companies carrying out infrastructure investments in the railway sector has been very difficult for about two years now. One of the major problems is the sharp increase in costs, triggered by...

"This will be the most extravagant December in years. 'Consumer sentiments are the best since 2020.'" A decrease in inflation to 6.5%, a planned minimum wage increase starting from January, and generally better consumer mood...

The recycling industry in Poland is currently on the brink of bankruptcy. Over 70% of recyclers had to reduce their processing capacities this year, and 30% have already had to shut down their operations,...

In 2035, it will not be possible to register combustion engine cars in the EU. In wealthier countries like Germany, France, or Spain, there will be a lot of electric vehicles, but a large...

Due to recent events in Israel, the price of Brent crude oil has risen from $84 to $88 per barrel. This marks the largest single increase in the price of oil over the past...

Every year, 4 million tons of virgin plastic are introduced to the Polish market. Poland is the only country in Europe that hesitates to implement Extended Producer Responsibility (EPR) for this type of waste,...

The war in Ukraine, despite breaking out a year and a half ago, remains a significant factor not only for humanitarian reasons, but also for economic ones. Obviously, the initial shock at the end...

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...

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...

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...

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...

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...

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,...

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...

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...

According to the latest PRS (private rented sector) market report, compiled by international advisory firm Knight Frank and law firm Dentons, there were more than 10,300 flats for rent in the PRS market at...

Saying goodbye to 2022 means welcoming a year of uncertainty for the fourth time in a row. Two pandemic years, war in Ukraine, historically high inflation and the upcoming spectre of recession have forced...