Tag: Austria

Surge in Cyberattacks: 1,600 Weekly Attacks Target Polish Organizations, Ransomware Threatens Nearly 3% of Corporate Networks

In Poland, there are 1,600 cyberattacks on a single organization every week, and ransomware now threatens nearly 3% of all corporate networks! The situation...

US Stocks Soar, Europe Recovers (Unevenly): Polish Companies Lag in Q1 Earnings

American companies represented in the S&P 500 index have reported better-than-expected results; meanwhile, there is also improvement in the European Stoxx 600 index, but...

SUNEX Q1 2024 Results: Revenue Drops Sharply, Acquisitions Planned for Growth

The SUNEX Group's revenue amounted to PLN 35.7 million in Q1 2024 compared to PLN 100.5 million y/y Net loss in Q1 2024...

Swiftonomics – The Global Phenomenon of Taylor Swift and Her Remarkable Economic Impact

The global concert industry is currently experiencing a true renaissance. This is not only thanks to record ticket sales but above all due to...

ORLEN Group Reports Strong Financial Results for Q1 2024: EBITDA LIFO at PLN 8.4 Billion and Net Profit of PLN 2.8 Billion

ORLEN Group concluded the first quarter of 2024 with an operating profit (EBITDA LIFO*) of PLN 8.4 billion and a net profit of PLN...

One in three European companies has invested in AI, and one in five people fear that AI could replace them at work

One in five employees in Europe fears that artificial intelligence might replace them in most of their professional tasks. SD Worx, a leading European...

Rail remains the Achilles’ heel of Polish ports. Port authorities are counting on accelerated investments in this area

Referred to as Poland's gateway to Scandinavia and an important logistical hub between the north and south of Europe, the Ports of Szczecin-Świnoujście are...

Polish Employees Prioritize Flexibility: Half Want Hybrid Work, Remote Work Popular in IT Sector

Polish employees are seeking greater flexibility from their employers regarding the location of their work, with over half desiring a hybrid work arrangement. Moreover,...

Is a Correction Starting in the Stock Markets?

Yesterday's drops in stock indices in the USA and Europe were not merely a cosmetic "descent" to slightly different levels. A daily negative candlestick...

VeloBank Secures PLN 700 Million Recapitalization from Cerberus Capital Management Subsidiary

VeloBank has secured an investor, a subsidiary of the Cerberus Capital Management, L.P. fund based in New York, which will recapitalize the bank in...

Eggscape from Cages: Polish Consumers Drive Shift in Hen Farming Practices

For ten years now, there's been a steady increase in the share of alternative methods of laying hens' farming. From these systems, every third...

NIK Audit Uncovers Massive Data Security Lapse in Polish Public Institutions

Even several tens of thousands of email addresses used in Polish municipalities for the exchange of personal data may be located on public, unregistered...

MLP Group announces success of €41 million bond issue

MLP Group has successfully placed EUR 41m worth of bonds, comprising an entire issue, with 35 investors in a public offering intended for qualified...

EU Tolls Hike Hits Transport

Effective from December 1, 2023, Germany, as the first country in the European Union, has increased road toll rates. This decision is in response...
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