Tag: Lithuania

ORLEN Signs Five-Year Deal with KN Energies for LNG Terminal Operation in Klaipeda

ORLEN has signed a five-year contract with Lithuania's KN Energies (formerly Klaipedos Nafta) for the exclusive use of a small-scale LNG receiving and transshipment...

Polish Cosmetics Industry Thrives Amid Global Challenges, Poised for Future Growth Despite European Green Deal Regulations

According to the latest report "Cosmetics Poland", published seven years after the previous report on the state of the industry, the domestic cosmetics industry...

ORLEN Signs Major Gas Supply Agreement with Slovakia’s ZSE Energia

ORLEN, through its subsidiary PGNiG Supply & Trading, has signed an agreement with the Slovak company ZSE Energia for the sale of gas, the...

Warehouses and retail still bring profits

The investment transaction market in Poland is awaiting revival. It is dominated by smaller acquisitions carried out by regional investors. Larger transactions initiated by...

AI Revolution: Poland Stands to Gain $90 Billion Annually

EY's analysis indicates that the rapid spread of artificial intelligence will lead to increased economic activity over the next three to five years. Capital...

Rising Operational Costs a Huge Challenge for the TSL Industry in Poland

Fuel prices, inflation, higher leasing costs, an increase in the minimum wage and overall labor costs, and economic stagnation are the main reasons for...

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...

Urgent Appeal for Action: Polish Road Transport Sector Faces Crisis

Road transport is one of the strongest sectors of the Polish economy. However, dark clouds have been gathering over it for some time now....

Over 100,000 passenger BEVs and PHEVs are now driving on Polish roads

According to data from the end of April 2024, there were a total of 64,495 fully electric (BEV) passenger and commercial vehicles registered in...

Experts: A window of investment opportunity is opening in Polish real estate

Experts gathered at ULI Poland's annual Game Changers in the Real Estate World conference agreed that current market conditions are creating a window of...

There’s no such thing as a free weapon… – how to finance the defense expenditures

How to finance the defense expenditure of EU member states increased to 2% of their GDP? Three options: budget cuts, debt financing, tax increases....

Dramatic Situation for Polish Carriers: War in Ukraine and Mobility Package Squeeze Industry

The Northern Chamber of Commerce and the West Pomeranian Association of Road Transporters draw attention to the difficult situation of the transport sector in...

Retail Boom in Poland: 1.2 Million Square Meters Planned by 2025

Between 2023 and 2025, the retail space is expected to grow by over 1.2 million square meters, according to estimates by the Polish Council...

Trump’s return to power could spell trouble for all US alliances

"Trump is a businessman, so he views relationships in the political scene from the perspective of whether it makes economic sense. Such a transactional...
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