The first interest rate cut in the United States in four years is within reach. However, the market is uncertain whether it will be a move of 25 basis points or a stronger change by the Federal Reserve (Fed). The extent of the easing...
The regulatory changes in the labor market, which are announced by the Ministry of Family, Labor, and Social Policy (MRPiPS) in Poland, will increase the cost and risk of conducting business. These changes...
In the first half of 2024, Develia Group’s sales revenues reached PLN 648.7 million, compared to PLN 419.2 million in the same period last year, a 55% increase.
The Group’s net profit...
At the end of August, the government adopted the draft budget law for 2025, which reveals that the average projected salary is expected to increase by nearly 850 PLN. This pay raise implies that carriers...
Vantage Group, owned by TAG Immobilien and active in Poland’s institutional residential rental market (PRS), recorded revenues of PLN 118.7 million in the first half of 2024, with a gross margin of PLN...
The current geopolitical situation is unprecedented in the history of the Third Polish Republic - the war in Ukraine, the observable increase in tensions in the Middle East and Far East means that...
The European Central Bank (EBC) has lowered interest rates and, according to expectations, the Federal Reserve (FED) will do the same next week. In Poland, however, the rate cuts will likely be postponed. However, the short-term risk of inflation increase created by the proposed Polish budget for 2025 obscures other threats. The budget scenario leaves the Polish government without much fiscal maneuvering room in the event of a potential economic shock after 2025.
According to Allianz Trade forecasts, economic growth in Poland should remain solid (2024: +3%, 2025: +3.8%), driven by domestic demand stimulated by an expansionary fiscal policy.
The reasons for the higher-than-anticipated deficit of the Polish budget...
Marek Rozbiewski has joined the team at Primavera Parfum Group as Business Development Director. He is an experienced manager, whose goal is to establish...
Polish developers enjoyed a boom last August thanks to the government's "Safe Credit 2%" program. However, sales offices across the country have seen a significant slowdown this year. Kraków appears to be the...
There is growing potential for gasoline prices to drop to around 6 PLN per liter. Oil prices are falling, and investors are waiting for the U.S. Federal Reserve (Fed) to cut interest rates,...
Managing public finances will pose a challenge in the coming years. The 2025 budget is optimistic but assumes a massive deficit. The government will...
After nearly 90 days of the buffer zone's operation at the Polish-Belarusian border, the number of attempts to illegally cross the border has decreased...