Not long ago Polish airline LOT we at the verge of calamity, hectically searching for an investor who would come and save them. The company’s financial result indicated a loss running in millions of PLN. LOT certainly had much to worry about. The company needed to undergo some substantial restructuring and used some government support….
Polish media report that Alibaba Group, an Asian e-commerce giant, has plans to enter the Polish market in 2017. The news come from Alibaba Group’s Li Zhang, who shared it at the recently ended IFA exhibition in Berlin. AliExpress, the group’s flagship online retail platform, is already gaining some popularity among Polish internet users. It…
A draft bill introducing a ban on trade on Sundays was submitted to the Sejm, the lower chamber of Polish parliament, on Friday. The initiative is strongly supported by labour unions and the Catholic Church. In Poland stores stay closed on several bank holidays. These include the Independence Day, two days of Christmas, Labour Day,…
Zalando, a German e-shopping giant, announced its plans to build a distribution centre in Poland. The facility is to be located in Gryfino and service Poland as well as Scandinavian countries and to some extend Germany. The investment is expected to close at approximately 150 million EUR, although initially Polish media mentioned the amount of…
The much anticipated by the government (less so by store owners) retail tax bill has finally reached the end of its legislative path. Last week, the final step was taken by the President of Poland Andrzej Duda who placed his signature on the act introducing the new levy. The lawmakers were working on the so-called…
It has been recently reported that Poland is going to start a project of building a wind farm on the Baltic Sea. The farm will be located 23 kilometres off Polish seashore, in the Pomeranian voivodship. The project is called “Middle Baltic III”. In the country upon the Vistula river wind turbines are nothing out…
The worldwide phenomenon of the Pokémon mobile game does not omit Poland. Warsaw and the rest of the country, after being bombarded with news reports on the new game, hopped on the bandwagon. The launch of the game in Poland took place on the 17th of July, three days after the app premiered in the…
According to Polish Prime Minister Beata Szydło, Poland needs some good PR. The world needs to hear more about Poland’s economic success and the companies that are building it. That is why a new public body will be created: Polish National Foundation. The institution’s main goal will be to work on Poland’s image abroad and…
MIT Technology Review published a list of top Polish innovators under the age of 35. The ranking includes 10 entrepreneurs with amazing, creative ideas that may change the world we live in. MIT Technology Review was founded in 1899. The tech magazine is published in three countries. Online service has 13 editions. It has two…
Mateusz Morawiecki, Poland’s Minister of Development, has a plan. Soon, Poland will join the green revolution. Polish economy is to get a boost from electric mobility, he says. Electric cars do not enjoy great popularity in Poland, but so far the government did not act in any way to jolt interest in this technology. The…
