Tag: VAT

On average, a bookstore closes in Poland every three days. The industry appeals for market regulating regulations

According to data from Dun & Bradstreet, cited by BIG Info Monitor, there were 2,200 bookstores operating in Poland at the end of 2023....

Inflation in Poland Hits 5% in October: The Highest Rate of 2024 So Far

Prices of consumer goods and services in October 2024 increased by 5% compared to the same month last year (with a rise in service...

Elemental Group plans to build an e-waste recycling plant in Romania. The investment is worth nearly 20 million euros

The Polish firm Elemental Group, a world leader in urban mining, has entered the Romanian market by acquiring a majority stake in ACC Recycling...

Rising Demand and Salaries: AI Specialists Earning up to 30,000 PLN Monthly in Poland

The median salaries for IT specialists dealing with artificial intelligence are continually increasing, reaching already 30,000 PLN ($8,000) net (+VAT) in the case of...

Salaries for artificial intelligence specialists have risen by up to 16.6% since the beginning of the year

The median salaries for IT specialists working in the field of artificial intelligence (AI) are rising each quarter, now reaching up to 30 thousand...

Higher deficit, increase in social and defense spending, energy and environmental reforms

The government announced at the end of October a revision of the national budget for 2024 and a proposed budget revision for 2025. The...

Inflation in Poland on the rise again – highest level since last December

In October, inflation in Poland, according to preliminary data from the Central Statistical Office (GUS), rose to 5 percent, the highest level since December...

Rising Inflation: Higher Energy and Service Prices Delay Prospects for Interest Rate Cuts in Poland

The rise in prices has accelerated in recent months. This is the result of higher energy and service prices. Although November and December may...

YouTuber Budda and His Partner Remain in Custody – Decision of the District Court in Szczecin

The District Court in Szczecin decided on Monday that popular YouTuber Kamil L., also widely known as Budda, along with his partner Aleksandra K.,...

Mennica Polska carries out rescue project for Mennica Legacy Tower

Polish Mint proceeds with the implementation of rescue plan for the Mint Legacy Tower. On 17 October a loan agreement and Stand Still Agreement...

Ghelamco Secures €181 Million Bank Financing for The Bridge Office Complex in Warsaw, with Santander Bank Polska as Strategic Tenant

Ghelamco has secured bank financing for its key investment in Poland - The Bridge office complex in central Warsaw. The construction-investment loan is being...

Polish YouTuber Budda to Stay Behind Bars for Three Months During Financial Crime Probe

In recent days, the media has been dominated by reports of the arrest of a well-known influencer, Kamil L., widely recognized as Budda. These...

Poland’s PRS Market Grows by 32%, Surpassing 19,000 Units by Mid-2024, with Budget Apartments in High Demand

By the end of the first half of 2024, the available PRS (Private Rented Sector) units in Poland totaled over 19,000, representing a 32%...

Major Changes for Entrepreneurs in 2025: ZUS Contributions, Health Insurance, and VAT Adjustments

The year 2025 will bring several changes for entrepreneurs in Poland, including modifications in ZUS (Social Insurance Institution) contributions, VAT tax, and health insurance...
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