USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: Lithuania

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,...

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....
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