Monday, September 16, 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...

Minimum wage as an increasing burden for entrepreneurs. Labor costs hit trade and services

The minimum wage starts to exceed entrepreneurs' abilities. "4666 złotych is objectively a high minimum wage". - High and non-consulted with entrepreneurs - such is the increase in the minimum...

China Leads in GenAI Adoption, Poland Ranks 10th in Global Survey of AI Integration

The widespread use of generative artificial intelligence in business, the level of investment, and...

ESG Reporting: New obligation, new challenges for entrepreneurs

ESG stands for Environmental, Social, Governance, which are the main pillars and indicators used...

Decrease in New Sole Proprietorships, but Resumptions Show Positive Trend in First Half of 2024

In the first half of this year, the number of applications submitted to the...

Polish Cosmetics Industry Thrives Amid Global Challenges, Poised for Future Growth Despite European Green Deal Regulations

According to the latest report "Cosmetics Poland", published seven years after the previous report...

Private Equity Pullback in Poland: High Costs, Geopolitics Dampen Deals, But Optimism Emerges for 2024

The number of takeovers involving private equity funds dropped by over 20% in Poland in 2023, according to analysis by Bain & Company. This...

New Leaders for New Times: Polish Businesses Seek Mature, Adaptable Management

The year 2023 brought about many challenges and changes in the labor market. Economic turbulence and lack of stabilization influenced employment trends, including those...

Beauty, Food, and Crafts: Popular Sectors for Ukrainian Businesses in Poland

Foreigners becoming more entrepreneurial. A 100% increase in companies founded by people from outside of Poland in West Pomeranian Voivodeship. By the end of 2024,...

The mystery shopping research market is back in the game after the pandemic. A strong rebound is expected

As per estimates, in 2022, the mystery shopping research market in Poland was valued at 27 million PLN. However, this was a drop from...

84% of compliance directors expect increased regulatory pressure in the next 2 years

Continuous changes in regulations and legal requirements are increasing pressure and expectations towards the ethics and compliance departments. Staffing needs are also growing, with...

Small Businesses Feel More Optimistic About Economy and Jobs, But Hesitant to Invest

Small and micro companies do not want to invest, they do not plan increases or hire new employees, but their economic sentiment index in...

Fewer Sole Proprietorships Established in 2023

In 2023, the number of applications to establish a sole proprietorship fell by nearly 3% compared to 2022. Analyzing data from each month of...

Central European CFOs Prioritize Stability, Embrace Automation: Deloitte Survey

The lack of environmental stability reduces financial directors' inclination to make major changes in the operations of the departments they manage. Seven out of...

Nearly 200,000 Businesses Closed in Poland in 2023

In 2023, a total of nearly 200,000 applications were lodged in the Central Register of Economic Activity (CEIDG) for the termination of individual business...

Poland with a record number of insolvencies

In 2023, three-quarters of countries recorded an increase in corporate insolvencies, marking a +7% rise at the global level. The year 2024 may signal...

Opportunities and Challenges for the Polish Business Sector

The year 2023, despite an economic slowdown, did not bring about a drastic deterioration in the overall financial situation of Polish companies, although a...

Polish Companies’ Compliance Challenges with Economic Sanctions: An EY Survey Insight

Almost all surveyed respondents (88 percent) are aware of the strict penalties for non-compliance with legal regulations related to breaking economic sanctions. Despite this,...

Global Tech M&A Valuations Decline for Second Year Amid Market Uncertainty and High Costs

The valuation of global acquired technology companies fell for the second consecutive year in 2023, almost half lower compared to the pandemic peak in...

Polish Beer Sales Plunge 7% in 2023, Industry Hopes for Rebound Despite Inflationary Woes

According to NielsenIQ data, beer sales in 2023 fell by nearly 7 percent, which means that Poles bought 400 million fewer half-liter bottles and...

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