Tag: machinery

Ukraine’s Agricultural Sector Shrinks by 21% but Remains Vital for Economic Survival

The Central Europe Institute reports that in less than three years, the sown area in Ukraine has decreased by over 21 percent, from 28.6...

Poland changes regulations regarding material benefits for the defense of the country – what does it mean for entrepreneurs?

Poland plans to introduce significant changes in regulations regarding material contributions for national defense. The goal of these changes is to increase the availability...

Polish food producers fear losing EU markets. All because of the agreement with South American countries

Polish farmers fear the loss of markets for agricultural and food products in EU countries to more price-competitive producers from the Mercosur countries -...

XTPL Demonstration and Sales Center in Boston Officially Opened, Break-Even Point Possible by the End of 2024

According to their Strategy, XTPL has launched their first foreign demonstration and sales center in one of the most important markets for modern technologies...

European farmers against EU-Mercosur agreement. They fear an influx of cheap food from South America

European farmers are opposing the agreement between the EU and Mercosur countries in its currently negotiated form. They fear that the European market will...

XTPL anticipates a record year in 2025, new business line DPS+ will support strategic goal realization

XTPL has released results for the third quarter of 2024, during which the company generated PLN 6.7 million in revenue from the sale of...

NIS2 Directive: A Cybersecurity Revolution for Polish Companies and Institutions

The implementation of the EU NIS2 directive on cybersecurity, the rollout of which in Poland will soon cover tens of thousands of entities across...

Polish Leasing Market Grows by 10% to PLN 79 Billion in First Nine Months of 2024

The latest data from the Polish Leasing Association indicates that leasing companies provided financing of PLN 79 billion during the first nine months of...

XTPL with 6.7 Million PLN from Commercial Sales after the Third Quarter of 2024 and Plan to Launch New Business Line in 2025

XTPL, according to preliminary estimated data, generated PLN 6.7 million in revenue from the sale of products and services after three quarters of 2024,...

EIB and Pekao Leasing Sign €150 Million Deal to Boost Polish SMEs and Green Investments

The European Investment Bank (EIB) and Pekao Leasing have entered into a new credit agreement to support the sustainable development of small and medium-sized...

Avallon MBO sells shares in Hortimex to Azelis Group – fourth exit of the fund in 2024

The next exit of the Avallon MBO fund – the private equity fund based in Lodz has sold its share package in Hortimex,...

Controls on German borders and their impact on the economy

Border controls will extend the border-crossing time by an average of 20 minutes, leading to an increase in transport costs. Two-thirds of German imports...

XTPL increases revenues in the first half of 2024

In the first half of 2024, XTPL generated total revenue of PLN 6.1 million (approx. $1.63 million), including PLN 5.6 million (approx. $1.50 million)...

Tire Sales Rebound in 2024: Growth Across Most Segments in Poland and Europe

In the first half of 2024, tire sales to distributors finally began to rebound: overall sales increased by +1%, with the largest segment, passenger...
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