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...

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...

Social insurance contributions (ZUS) bases to rise for Polish entrepreneurs in 2024

In 2024, social insurance contributions (ZUS) bases will increase for entrepreneurs in Poland. Analysts from inFakt estimated the minimum contribution base for the upcoming...

Minimum Wage Increase: A Cascading Effect on the Labor Market

The Polish gross minimum wage will increase to 4242 PLN from January 2024, and will be leveled up to 4300 PLN in July. While...

The Alcohol Industry in 2023: Navigating Challenges, Embracing Trends

What was the alcohol industry like in 2023? Producers had to navigate challenging and problematic economic conditions. Meanwhile, consumers increasingly embraced a more conscious...

Entrepreneurs Embrace KPO Funds as a Catalyst for Growth

Entrepreneurs see a great opportunity in the funds from the National Recovery Plan (KPO). "These are not fictitious billions, but money that will give...

Low Unemployment, High Labor Costs: Polish Companies at Crossroads

A recent survey reveals that as many as 67 percent of Polish companies cite high labor costs as the biggest barrier to their current...

EU Taxonomy Barometer 2023: Despite Challenges, Vast Majority of Companies Complying

"The EU Taxonomy Barometer 2023," compiled by EY for the second time, reveals that the Taxonomy is a challenge for companies seeking to implement...

CEOs Struggle to Leverage Generative AI, but Many Companies Embrace its Benefits

The latest installment of the EY CEO Outlook Pulse Survey indicates that company CEOs are struggling to determine the most effective uses of artificial...

Polish companies becoming increasingly aware of cyber threats associated with AI

Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies...

Securitization of trade receivables in Europe and Poland: stable growth and prospects

The European market for trade receivables securitization is experiencing steady growth, and current macroeconomic conditions, particularly persistently high-interest rates, should promote its further development,...

When will business appreciate the Internet of Things?

The Internet of Things (IoT) is a very broad concept, and as a result, the array of potential applications is equally vast. This ranges...

Polish Entrepreneurs Seek Return to Partnership Cooperation with Government

Allowing taxpayers to make agreements with the tax office, binding deadlines for officials in the Code of Administrative Procedure, a separate government department for...

Polish companies increasingly exposed to price changes, economic slowdown, and cyber attacks

According to a study by Aon Polska entitled "Global Risk Management Survey 2023," up to 2/3 of Polish companies have incurred losses due to...

Polish Startups Show Resilience Amidst Global Funding Constraints

According to the latest report "Polish Startups" issued by the Startup Poland foundation, the current revenue situation of startups is better than a year...

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