Polish deputy PM and minister of culture and national heritage Piortr Gliński visits Mumbai as a member of a Polish economic mission to India. The minister is accompanied by deputy development minister Radosław Domagalski as well as numerous Polish entrepreneurs and business organizations willing to tighten economic bonds with one of the Asia’s fastest-growing economies….
Lublin, a city in the east of Poland, has been chosen as a location for a biomass Combined Heat & Power (CHP) plant. The investor is Norwegian company called TergoPower. The renewable energy company operates in Norway, Sweden and Poland. The plant is to produce energy from fired straw bales. The location – Lubelskie region…
A new tech initiative was launched on 5 February at Google Campus Warsaw. Girls in Tech – a San Francisco – born non-profit organization with a mission to encourage and support women in their ventures into the world of IT, is now officially present in Poland. The official launch event of the Polish branch was…
The National Bank of Poland publishes quarterly information on payment cards in Poland. It has recently released the data collected for 3Q2015. The report presents and analyses all major figures regarding cards and card holders. The report is compiled based on the statistical information obtained from card issuers and acquirers. In summary, Polish people are…
It has been known for some time that Polish government has plans to introduce a new levy on retail sales. The original idea was to tax large retail chains, like Tesco or Lidl. The number of small shops in Poland has been continuously going down for some time. Ministry of Finance finally revealed some information…
Business Centre Club held its annual Great Gala of the Leaders of Polish Business. The Gala took place in Polish National Opera. During the ceremony, 16 Polish companies were awarded, out of 27 that were nominated for the honour. The award has been presented since 1992. The golden statues are presented to the companies and…
Last week Bloomberg published its Innovation Index for 2016. Poland took the 23rd position on the list of the world’s most innovative economies, surpassing such countries as Italy, Spain, and Portugal. The country moved up two notches from last year, when it was ranked 25th. The ranking is led by South Korea, with the total…
It has been a good year for Polish Power Exchange (TGE – Towarowa Giełda Energii). Electricity and gas trade volumes on spot markets reached new highs in December 2015. The same thing can be said about the entire 2015. The volume of gas trade on the spot market rose by astonishing 114 percent in comparison…
Big news for Polish movie and TV lovers came up on Wednesday, as the American streaming favourite Netflix opens up for the Polish public. The company has just became available in Poland, thanks to a move to expand the reach of the online service to 130 new countries. This means that Netflix is on this…
On 1 January 2016 a new restructuring law act came into force, which is to execute the so-called “new chance politics” The goal of the newly introduced regulation is to, among others, protect entrepreneurship, workplaces, employees and creditors in case of emerging financial problems for companies. The aim of the new restructuring law, according to…
