Saturday, November 23, 2024

October sets record in consumer restructurings and bankruptcies

As the latest analysis by MGBI informs, last month Polish companies submitted a record number of applications to commence restructuring this year. Moreover, the balance of consumer bankruptcies in...

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...

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...

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...

Growing Polarization, Heightened Risk: Navigating the 2024 Business Landscape

The growing polarization on the global political stage increases the risk of doing business in 2024. Key for entrepreneurs will be to minimize potential...

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