Friday, December 20, 2024

USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Government Withdraws Regulation Mandating Employment Contracts for Foreign Workers

The Council of Ministers adopted a package of bills concerning foreigners on Wednesday, November 18, 2024. At the request of the Ministry of Development and Technology, provisions requiring mandatory employment contracts for foreign workers — heavily criticized by business owners — were removed. This decision...

Big Cheese Studio S.A. Unveils Development Plans for 2025

The Łódź-based game studio, listed on the Warsaw Stock Exchange, Big Cheese Studio S.A., has announced its development plans for 2025. The company aims to strengthen its position in the global simulation game...

Artificial Intelligence is Significantly Changing the Commercial Real Estate Market

Due to technological advancements, increasing client demands, legal regulations, and the need for faster responses to economic changes, the commercial real estate market is increasingly influenced by AI-driven solutions. According to the report...

November GUS Data on Housing Construction in Poland: Decline in Developer Activity

November data from the Central Statistical Office (GUS) on housing construction in Poland indicate that the positive impact of the housing sector on the Polish economy will weaken in the coming months. The two largest...

Polish Economy in 2024: What to Expect in 2025

After a rebound in 2024, Poland's economy is expected to grow even faster in the following year. This growth will be driven by strong consumption and investments but limited by net exports, which...

What to Do When a Debtor Initiates Restructuring: A Guide for Creditors

When a company with outstanding debts suddenly begins restructuring, what can a creditor expect, and what actions should they take? The first idea that often comes to a creditor’s mind is to “block” the...

Polish Gamers Focus on Savings: 77% of Game Purchases Are Under €20

According to an analysis by GAMIVO, gamers most frequently opt for titles priced up to €20 (about 85 PLN). This price range accounts for 71.2% of selected games. Only three out of ten purchased games exceed the €20 threshold. Gamers are seeking to save money, but this doesn't mean they are compromising on quality. Their purchasing decisions are influenced by market trends, publisher pricing policies, and an unfavorable economic environment. Preferred Price Ranges Closer examination of data from GAMIVO.com reveals that gamers prefer titles priced between €10-20, representing 25.2% of purchases. This is closely followed by games priced between €5-10 (23.6%) and those costing under €5 (22.4%). The €20 price point...

Decline in Polish Companies’ Readiness to Implement AI – Rising Pressure, Disappointing Returns on Investment

Polish companies’ readiness to adopt artificial intelligence (AI) has significantly declined. While 53% of companies allocate between 10% and 30% of their IT budgets...

End of the “Gray Market” in Online Sales: New Regulations for Sellers in Poland

If an online seller earns over 3,225 PLN per month, they must register a...

Fed’s Third Consecutive Rate Cut Fails to Calm Markets as Uncertainty Grows

The decision by the U.S. Federal Reserve to cut interest rates for the third consecutive time has failed to soothe financial market sentiment. The 0.25 percentage point reduction, bringing the rate range down...

The EU ETS System and Future Reforms for Achieving Climate Neutrality

The EU Emissions Trading System (EU ETS) is one of the largest carbon markets in the world, and also one of the most effective. According to the European Commission, between 2005 and 2023,...

ArcelorMittal Partners with Quanta Energy to Build a 1 MW Solar Farm

ArcelorMittal has partnered with Quanta Energy to launch the construction of a 1 MW photovoltaic (PV) farm, which will...

Global M&A Transactions Expected to Reach $3.5 Trillion by End of 2024

According to estimates from the international consultancy firm Bain...

2024 Housing Market Summary in Poland and Forecasts for 2025

The year 2024 in Poland’s housing market was marked...

Who Do Poles Not Trust? Russians Top the List – Report “Polish Distrust Ranking 2024”

Distrust follows a general pattern, but education level and...

Economists Lower Poland’s GDP Growth Forecast: Rapidly Rising Public Debt Among the Major Risks

It is no longer high inflation, but public debt rapidly approaching the constitutional limit of 60% of GDP that threatens the stability of Poland's...

Nearly 50% of Poles Plan to Save More on Holiday Spending Than Last Year: Cutting Costs “A Little on Everything,” Especially on Alcohol and...

According to the report titled “Poles’ Holiday Savings. December 2024”, over 49% of Poles plan to cut back on holiday spending more than they...

The Fed’s “Hawkish Cut” is Coming

We have changed our view on the final FOMC meeting of the year and expect that on Wednesday, the Federal Reserve will make another...

EY Report: Why Polish Companies Opt for Mergers and Acquisitions (M&A)

EY has analyzed the attitudes of Polish managers toward mergers and acquisitions. The primary drivers of acquisitions are the desire to accelerate growth (56%)...

RADMOR Space Technology Center and Thorium Space Join Forces to Boost Poland’s Space Sovereignty

The RADMOR Space Technology Center (CTK) of the WB Group and Thorium Space have signed a cooperation agreement focused on the construction and development...

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