Friday, July 26, 2024

Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Warsaw Office Market: Tight Grip on Supply, Steady Demand

Stable demand, low supply of new offices, and few vacancies—this briefly describes the current situation in the Warsaw market. Just under 11 per cent of the office space resources in Warsaw, currently amounting to over 6.30 million sq m., are waiting for tenants. The average...

PRS in Poland – on which local master plans are these projects built? What investment and technical implications does this have?

Due to the increasing scarcity of residential land in large cities, investors are more often opting to build PRS facilities on attractively located plots with commercial use. What decisions and their consequences do...

Gold Reaches New Record: What Trump’s Potential Victory Means for the Future of Precious Metals

Last week, gold - once again this year - set a new price record, climbing above $2,482 per ounce. This is mainly due to data coming from the U.S. economy, but also events...

Renters Expands Internationally with Acquisition of Bulgaria’s Flat Manager

Renters, a short-term rental operator managing the largest portfolio of apartments in the CEE region, is launching its international expansion. The company has just completed its first international acquisition – Flat Manager in Bulgaria. This...

Tenant turnover in shopping centers increased by 5.4%

In May 2024, tenant turnover in shopping centers was 5.4% higher than the previous year. Turnover increased across all categories of retail properties. The best results were observed in the smallest centers...

In June, over 2,000 new electric cars were registered in Poland

As of the end of June 2024, the total number of fully electric vehicles (BEVs) registered in Poland was 68,792. The number of publicly accessible charging points last month increased to 7,255, of...

Donald Tusk Reveals Allegations Against NATO Ambassador Szatkowski and Government Irregularities

Prime Minister Donald Tusk informed the Sejm that during the previous government, the Military Counterintelligence Service (SKW) accused the then-ambassador to NATO, Tomasz Szatkowski, of mishandling classified documents, maintaining contacts with foreign intelligence services, and obtaining unauthorized financial benefits. Additionally, SKW concealed this information from the Internal Security Agency (ABW). President Andrzej Duda was aware of everything. SKW Accusations Against Tomasz Szatkowski As the Prime Minister recounted, in early May 2024, the services provided him and President Andrzej Duda with a note containing detailed information that summarized concerns and objections regarding Tomasz Szatkowski. "I am speaking about this because emotions have arisen around this issue, and unfortunately, lies have been presented in...

The Political Economy of Populism: Challenges and Alternatives in the Modern World

In the contemporary world, the economy defends itself against the political economy of populism and reforms by taking out loans and increasing debt. Typically,...

ORLEN Group Expands Renewable Energy Portfolio with New Photovoltaic Power Plant Near Wałcz

A photovoltaic power plant located near the town of Wałcz in the West Pomeranian...

New Regulations to Increase Housing Costs and Delays Due to Mandatory Shelter Requirements, Warn Developers

Assuming that each multi-family investment will soon have to provide temporary shelter spaces in underground garages, the increase in the price per square meter of new apartments will reach several hundred zlotys. Realizing...

Key Market Events: Tesla’s Strong Q2, Biden’s Debate Struggles, UK Election Impact on Stocks

Tesla: Small Forecast Exceedance, Big Profits: Tesla's Q2 deliveries reached 443,956 units, surpassing estimates. This caused a 23% rise in stock prices despite weak demand. Investors are looking forward to the robotaxi...

Extensive Facilitation for Polish Entrepreneurs: Upcoming Deregulation Packages and Legislative Changes

The first deregulation package, which aims to introduce extensive facilitation for Polish entrepreneurs, is expected to be submitted to...

Price Stabilization in Secondary Housing Market Observed in Major Polish Cities

In Warsaw, June brought a long-awaited decrease in the...

French Parliamentary Elections Ease Market Fears

The results of the first round already indicated that...

New leaders on the industrial market

While six key regions account for nearly 80 per...

ORLEN Signs Major Gas Supply Agreement with Slovakia’s ZSE Energia

ORLEN, through its subsidiary PGNiG Supply & Trading, has...

The Results of the French Elections and Their Impact on the Euro

The elections in France, which were expected to be a triumph for Marine Le Pen and the National Rally (RN), ended in a surprising...

Historical achievement of Polish engineers – Polish suborbital rocket ILR-33 AMBER 2K reached space

The world's first rocket using 98% hydrogen peroxide as oxidizer achieved 101 km. 3 July 2024 will go down in the history of Polish...

Business Centre Club Calls for Comprehensive Tax Reform in Poland

On July 4th, at the Ministry of Finance, a meeting took place between representatives of businesses and the Minister of Finance, Andrzej Domański, during...

33% of Young Poles Aged 25-34 Still Live with Parents

1.7 million, or 33 percent, of young Poles are so-called "nestlings." These are individuals aged 25 to 34 who still live with their parents,...

Cities Join Forces to Push for Unified Metropolitan Law in Poland

Cities such as the Tri-City, Łódź, and Warsaw have been striving for metropolitan status for years. Now, these cities are joining forces and discussing...

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