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...

Polish Companies Plan Significant Layoffs Amid Rising Costs and Slowdown

According to the Central Statistical Office (GUS) data, by the end of March, 159 companies in Poland announced plans for group layoffs totaling 17,000...

Polish VC Market Sees Investment Decline in Q1 2024, But Future Looks Brighter

PFR Ventures and Inovo VC have prepared a report summarizing transactions in the Polish venture capital (VC) market for the first quarter of 2024....

Record High Insolvency of Polish Companies in the First Quarter of 2024

Despite optimistic forecasts at the end of 2023, the first three months of the current year have led to the insolvency of as many...

Baker McKenzie: Polish Mergers and Acquisitions Market Remains Stable Despite Geopolitical Risks

Small and medium-sized enterprises may become the main targets of investor acquisitions in the near future due to an increasingly restrictive regulatory environment and...

The Specter of Mass Layoffs Looms Over the Economy: “A Concerning Situation”

In March 2024 alone, four major companies in the region reported their intentions for mass layoffs to the Provincial Labor Office in Szczecin. By...

Companies are taking a cautious approach to GenAI adoption, despite its growing role

The latest EY study – Reimagining Industry Futures Study 2024 – confirms the growing role of generative artificial intelligence (GenAI) in business. Currently, 43%...

Norwegian Funds Boost Innovation for Polish Businesses and Senior Living Solutions

"Entrepreneurship Development and Innovation" is a program implemented with funds from the Norwegian Funds, operated by the Polish Agency for Enterprise Development. This is...

Business Morale Improves in March as Inflation Concerns Ease, GUS Reports

The general economic sentiment indicator is at a level comparable or higher than in February in most areas of the economy in March, according...

Polish Businesses Fall Behind in Digitalization

Poland's business digitalisation results are below the EU average, indicating a significant amount of progress needed to achieve the targets of the EU policy...

Polish and Slovenian digital sector strengthens cooperation

The Digital Poland Association and the ICT Association of Slovenia signed a close cooperation agreement for the digital sector from Poland and Slovenia on...

Delinquent Debtors on the Rise: Transport Sector Takes the Wheel in Payment Delays

The number of companies struggling with payment backlogs is increasing, according to the "SME Scanner" survey for Q1, carried out for BIG InfoMonitor. The...

Polish HR in 2023: Challenges, Uncertainties, and Signs of Hope

The situation in the HR services market in 2023 reflected the mood among employers. Long-term employment planning in many organizations became outdated. Rising business...

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...

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