Fear of financial risk, recession, and lack of rules are factors that hold back potential young entrepreneurs from founding their own companies. A new report by UCE Research and Syno Poland entitled Entrepreneurial Poles in the Time of the Pandemic found that 66% of those surveyed do not intend to start any form of business. […]
According to analysts and bankers, Poland’s banks, which employ a total of 170,000 people, are preparing for a series of dismissals for the first in a decade because of a decline in profits and government plans to charge the banking sector with additional costs. Last year, exceptionally low interest rates resulted in the loss of a quarter of the stock market value of […]
Jan Kulczyk, Poland’s wealthiest businessman, has died of complications after minor heart surgery in Vienna at the age of 65. According to Kulczyk Holding SA, he was supposed to leave the hospital on Wednesday, he already had business appointments arranged on Thursday. “It is impossible to talk about the transformation in the Polish political system […]
After Russia banned the import of products from Poland, Polish companies have been seeking other export opportunities. Spain has turned out to be one of Poland’s best partners and could soon become one of the five top export markets for Poland, according to Puls Biznesu. According to Marcin Luziński, a BZ WBK economist, Spain has undertaken several structural reforms and this has triggered faster economic […]
According to a report prepared by real estate agents Szybko.pl, Metrohouse and Expander, prices on the secondary real estate market in June in the 15 largest Polish cities dropped by 1.6% YOY. Compared to May, they grew by 0.1%. It is predicated that Poles can expect a boom on this market in the coming months. Marta […]
Several American companies associated with cybersecurity recently visited Poland. This trade mission was announced last year by Penny Pritzker, the US Secretary of Commerce, who during her visit to Poland introduced development perspectives for American companies in Poland. Poland hosted representatives of twenty American companies who were investigating the possibilities of potential cooperation with Polish companies, as well as state organisations […]
This May, manufacturers, distributors and experts in the home appliance sector met at the 3rd International Forum of Home Appliance Manufacturers in Pabianice. The main theme of the forum was the future of the industry in Poland and abroad. As the deputy president of the Polish Information and Foreign Investment Agency reports, Poland is a perfect place […]
The creation of the first underwater building in the world has been discussed in Tricity (Gdańsk-Gdynia-Sopot). Scientists from Gdańsk University of Technology and Deep Ocean Technology are working together on a project which financed by the National Centre for Research and Development. Initially, the building was supposed to be a research facility, but three years of research were completed without […]
Despite declining trade by approximately 8% in 2002, Turkey still remains Poland’s main trade partner in the Middle East and Asia. Warsaw recently hosted a meeting between Turkish government representatives and business. This coincided with the official visit of the Turkish Prime Minister Recep Tayyip Erdogan to Poland. He was joined by Turkish business people representing the construction, energy, textile, logistics, food, […]
“We are still beginners in terms of Polish-Chinese economic relations,” according to participants of the ‘Poland and China Cooperation Session’ during the ‘Third Poland-China Economic Cooperation Forum’ organised as part of the ‘European Economic Congress’ in Katowice. However, those who participated in the debate claim that the process of strengthening ties could progress much faster than hitherto. There has been a […]
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