Tag: Lithuania

Polish companies leading the trade expansion in Central-Eastern Europe

At least 26 Polish brands have decided to expand in the Central and Eastern Europe region, as well as in Baltic countries, opening approximately...

Grupa Recykl reports over 100 million PLN in revenue and a 30% increase in net profit after Q3 this year

Grupa Recykl increased its operations scale by 7.4% in the period of January-September 2024, surpassing 100 million PLN after 9 months for the first...

The ORLEN Group achieved results in the third quarter of 2024 similar to those of Q3 2023

The ORLEN Group ended the third quarter of 2024 with a very good operating profit EBITDA LIFO, despite a significant worsening of the macroeconomic...

Vantage Group finalized a credit agreement with EBRD for 100 million euros

Vantage Group - a subsidiary of TAG Immobilien, active in Poland's institutional rental market (PRS) - has finalized a credit agreement with the European...

Foreigners Spent Billions in Poland – Mainly on Shopping and Accommodation

In 2023, foreign spending in Poland reached a level of 44.3 billion PLN, an increase of 18.3% compared to the previous year, according to...

The share of Polish capital in commercial real estate investments doubled in 2024

Over the past year, the share of Polish capital in investment purchases in the commercial real estate market in Poland has doubled. Following the suspension...

Moldova to decide on the future course. Russia tries to influence election and referendum results

On Sunday, 20th of October, presidential elections and a constitutional referendum will take place in Moldova, the results of which are expected to confirm...

EU fights against housing crisis. The problem is lack of available apartments and high rents

The housing crisis is one of the biggest problems for Poles. There is a lack of affordable housing, and we spend on average about...

XTB introduces IKE and virtual wallet with multicurrency card

XTB has introduced two new products to its offering, as announced earlier this year. The first one is IKE, now available for Polish investors....

Gamaredon Cyber-Espionage Group Targets Ukrainian and NATO Institutions, Including Poland

ESET analysts have discovered another series of cyberattacks from the cyber-espionage group Gamaredon, primarily targeting Ukrainian government and military institutions. Over the year...

Alsendo Acquires Lithuanian Platforms Siusk24 and Cargobooking

Alsendo, supported by Abris Capital Partners fund, carries out another overseas acquisition. Siusk 24 and Cargobooking platforms, owned by the Lithuanian company Visas transportas...

The Duoport Airport in Bialystok is to be an opportunity for the development of the Eastern Wall. Initiators are in talks with potential foreign...

"Duoport Airport is an opportunity for the development of the region and the entire eastern wall," says Karol Halicki, President of the Podlaskie Chamber...

Tax Reform Needs Long-Term Vision, Not Quick Fixes: Experts Urge Predictability for Businesses

"Tax reform shouldn't take three months or a year, it should take an entire term. So far, there's been a lack of courage to...

ORLEN Expands Investment in Mažeikiai and Develops Renewable Energy Projects in Lithuania

The possibilities of investing in renewable energy infrastructure, the progress of the ongoing investment in Mažeikiai, the position in the Lithuanian and Baltic market,...
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