Thursday, November 21, 2024

Polish IT Sector Faces Rising Debt and Market Pressure Despite Growing Demand for Specialists

For years, the IT industry has been perceived as a stable sector, recording growth and offering good career prospects. As many as 51 percent of Poles believe that IT...

Company insolvency in Poland at a record level. Increase by 26% in the first half of 2024

The number of insolvencies of companies in Poland increased by 26% in the first...

World’s Best Workplaces 2024 – We Know This Year’s 25 Awardees

On November 14th, the Great Place To Work® Institute announced the 25 winners of...

Sole Proprietorship Registrations Drop by 4.6% in 2024: Trends and Outlook for Year-End

Over the first three quarters of the year, more than 221,000 applications for registration...

Poland’s Strategic Role in Production and Supply Chains

Thanks to its strategic location and strong industrial base, Poland is strengthening its position...

EU Tightens Sanctions on Belarus for Aiding Russia’s War in Ukraine

The EU Council has implemented changes to the existing sanctions related to the aggression of the Russian Federation against Ukraine. This time, they hit...

Rising Wages Could Accelerate Robot Adoption in Poland

Human labor costs are still low and the benefit from installing a robot on the production line is not yet high. This is –...

By mid-2024 nearly 100 thousand sole proprietorships were liquidated. Over 179 thousand were suspended

The number of requests for the closure of sole proprietorships has decreased by more than 3% from January to June this year, compared to...

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 the Sejm at the turn...

The Impact of AI on Job Markets and Productivity: PwC’s Global AI Jobs Barometer 2024

Sectors more sensitive to the influence of artificial intelligence (including programming and financial analysis) are experiencing nearly five times (4.8x) higher productivity growth, according...

Poland May Lose Competitiveness Due to Global Minimum Tax, Experts Warn

With the introduction of the global minimum tax, fiscal incentives for large foreign investors will lose their significance, and Poland may become less competitive...

Łódź: A Rising Star for Nearshoring in Europe

The Łódź agglomeration is one of the most "emerging" locations for nearshoring in Europe, the trend of relocating production closer to the target market....

IT Sector Optimistic About Recruitment: 42% of Companies Plan to Hire in Q3 2024

As market data shows, IT organizations in the consumer goods and services sector are emphasizing team development. From July to the end of September,...

Poland Among Top Global Locations for Shared Services Centers and BPO Hubs, Contributing 4.5% to GDP

The business services sector is one of the hallmarks of the Polish economy and remains highly competitive on a global scale. Poland is home...

Google for Startups Ukraine Support Fund Announces New Beneficiaries

Despite the ongoing war since 2022, Ukrainian startups continue to thrive, demonstrating remarkable resilience and innovation. The total value of Ukraine's startup ecosystem has...

Private Equity Market Poised for Rebound Despite Ongoing Challenges

The two-year crisis in the private equity sector is coming to an end, and most funds expect an improvement in the situation in 2024,...

Polish entrepreneurs spend an average of 334 hours annually on tax formalities

The dynamically changing tax regulations in recent years have significantly impacted the fulfillment of tax obligations in Polish enterprises. Poland has the second most...

Poland is the Seventh Most Difficult Country in Europe to Conduct Business

Poland ranks seventh in Europe and 12th worldwide among the least business-friendly countries. It also performed the worst in this regard compared to neighboring...

35% of employers in Poland plan to hire new employees, while 19% are considering layoffs

Between July and September, 35% of organizations in Poland plan to strengthen their workforce, while 44% do not plan any changes in their structures....

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