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 start 2024 with more optimism, but uncertainty remains

In 2024, companies in Poland started the year in a better mood than the previous one, according to a study by the Polish Institute...

ESG as a key to attracting investors and employees

According to the latest report, Navigating ESG: ABSL’s 2023 Overview, over 70 percent of business services companies have implemented global ESG strategies in their...

Recruitment in the business services sector has slowed down, but there is a chance for revival in 2024

The dynamic pace of development in Poland's modern business services market will likely take longer to return. This is as per the Hays’ Wage...

What Makes a Successful Startup? Insights from Polish Entrepreneurs

When queried by EFL about what primarily determines company growth and progression to higher stages of development, the vast majority of entrepreneurs (84%) pointed...

Polish businesses report shorter payment terms, but delays persist

The negative GDP growth in the first half of 2023 and the unfavorable macroeconomic situation had a negative impact on the Polish economy over...

Long-Term Outlook for GenAI: Polish CEOs Expect 5+ Years to Realize Value

The ethical challenges associated with implementing solutions based on generative artificial intelligence (AI) do not deter investment. 68% of CEOs in Poland claim that...

Digital Transformation and Data Strategies: Key to Organizational Resilience in the Face of Rising Challenges

The past year was marked by geopolitical tensions significantly affecting the economic condition and sense of stability of businesses. According to a study conducted...

Cybersecurity, AI, and Customer Needs Top Telco Industry Risks in 2024

The ever-changing requirements for privacy, security, and building trust will be the biggest risks that telecommunication companies will have to face in 2024. According...

Poland’s Economic Freedom Ranks Last in EU

Companies operating in Poland should have the best possible conditions to operate - just like companies in Slovakia, Estonia, or Ireland. It's impossible to...

German Crisis Hits Western Pomeranian Entrepreneurs Hard

Production for the German market accounts up to 80% of the total workload for some companies. The current crisis in Germany is heavily impacting...

Micro-enterprises are the least likely to plan their budgets

Only 24 percent of small and medium enterprises (SMEs) have a budget plan, which is a statement of forecast revenues and expenditures, for the...

Polish Industry Struggles with Recession and Weak Demand, but Analysts Forecast a Bounce Back in 2024

In December, the PMI index for Polish industry fell for the first time in four months. The ongoing decline in the volume of new...

Swedish market remains attractive for Polish exporters despite currency risk and economic slowdown

Sweden may not be a large country, but it is a quite significant export market for Polish entrepreneurs. Being present in this market can...

Minimum wage increases in Poland put upward pressure on salaries, but companies may offset costs by raising prices

Since 2015, the minimum wage has more than doubled. This year, two more increases will take place, totalling nearly 20%. The first increase already...

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