WBJ | Warsaw Business Journal
Miss Polonia Balances Beauty, Responsibility, and Academic Pursuits. LifeStyle. 22 days ago. Moët Hennessy Poland Expands to a Chic New Headquarters in Warsaw. LifeStyle. 1 month ago. Monika Miller Announces Plans for Future Wedding. LifeStyle. 1 month ago.
Izera’s electric car project in trouble - wbj.pl
2 days ago — Source: Press Material. Polish electric car project Izera, led by ElektroMobility Poland (EMP), is struggling to secure financing as it faces the end of a two-year partnership with Chinese manufacturer Geely. With €2-3 billion needed to complete the factory and a recent €580 million raised from state-owned sources, EMP is still short on funds.
Poland reconsiders energy price controls
2 days ago — Poland reconsiders energy price controls. Poland may end state-regulated electricity pricing as market energy rates become increasingly competitive, according to Rafał Gawin, head of the Energy Regulatory Office. Speaking at the National Energy Summit, Gawin stated that regulated tariffs, while an option, aren’t obligatory, and consumers can ...
Mixed signals for entrepreneurs: business closures decline, but ...
5 days ago — Data from the Ministry of Development and Technology reveals that nearly 142,000 sole proprietorships were terminated in the first three quarters of 2024, a 2.2% decrease from the same period last year. Meanwhile, suspension requests rose by 5%, indicating potential future closures. Experts observe a lingering pessimism among business owners.
Poland behind on industrial robotization with 78 robots per 10,000 …
5 days ago — Poland's industrial robotization faces challenges, ranking 28th globally with just 78 robots per 10,000 workers, significantly below the global average. In 2023, Poland installed 2,685 robots, a 15% decline from the previous year and a return to 2018 levels. This decline continues for the third consecutive year.
Poland’s economy amongst growth leaders in EU
Oct 8, 2024 — Poland has become one of the strongest EU economies post-pandemic, ranking 4th in GDP growth in Q2 2024 compared to pre-COVID levels. From a longer-term perspective since the 2008 financial crisis, Poland leads the EU, with GDP growth nearing 60%. Romania is second with 37%. Germany, however, has ...
Min Fin: PLN 56 bln needed to cover budget deficit
6 days ago — Min Fin: PLN 56 bln needed to cover budget deficit. Source: Pexels. Poland’s increased budget deficit has driven a rise in borrowing needs, with an additional PLN 56 billion required within two months. To meet this, the Ministry of Finance plans to tap into a liquidity buffer and foreign markets rather than relying solely on domestic sources.
MPC will announce decision on interest rates on Wednesday
5 days ago — MPC will announce decision on interest rates on Wednesday. The Monetary Policy Council (RPP) is expected to maintain interest rates without cuts, despite inflation projections indicating a gradual decline by 2026. Experts argue that lowering rates now would send a negative signal, especially with inflation still rising and economic uncertainty ...
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Optimistic Economic Outlook for Poland - WBJ
Apr 24, 2024 — Poland's economic prospects are looking bright, with optimistic GDP growth forecasts. BNP Paribas economists predict the Polish economy will grow at a rate of 4% in both 2024 and 2025, marking the most optimistic forecast in years. This outlook is driven by increased consumer spending, a slowing inflation rate, and anticipated inflow of EU funds.