Poland revises foreign trade forecasts

The Ministry of Development has released updated foreign trade forecasts for 2017. According to it, exports will reach €192.8 billion (€183.6 billion in 2016) compared to €190.4 billion forecasted last month. Imports projections have also been increased to €190.5 billion, compared to €183.6 billion ...
Image: InterContinental Hotels Group

New Holiday Inn hotel planned for Warsaw

Hotel company InterContinental Hotels Group (IHG) has revealed that a new Holiday Inn-branded hospitality project is to be developed near the Warsaw West railway station in the Polish capital. Developer Capital Park will be the investor of the scheme, which will be managed by VHM Hotel Management. T...

Locked content Polish leasing sector to grow by 16.5% this year – EFL

According to the Credit Agricole subsidiary, Europejski Fundusz Leasingowy (EFL), the whole leasing market in Poland will grow by 16.5 percent this year. The increase will be mostly in the machinery segment due to the influx of the EU funds. “We expect a two-digit growth in the machinery and equipme...
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Poland with one of the lowest fertility rates in the EU– Eurostat

According to data presented by the Eurostat, the fertility rate in Poland in 2015 stood at 1.32, while the EU average was 1.58. Only Portugal had a lower rate (1.31). Cyprus had the same figure as Poland. The country with the highest rate among EU state was France with 1.96, followed by Ireland 1.92...

Locked content Smartphones sales to reach 8.4 million devices this year – IDC

According IDC analytics, in 2016 nearly 8 million smartphones has been sold in Poland, representing a 5 percent y/y increase. This year, this number should increase to 8.4 million. LTE-capable devices will amount for 90 percent of total smartphones sales. Most of the devices sold in Poland where And...
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Poland spent PLN 19 bln on Family 500+ so far

Poland paid out PLN 19 billion to 3.82 million children under the Family 500+ program, Minister of Family, Labor and Social Policy, Elżbieta Rafalska said. Only children account for 669,000 of the total figure of the applicants. According to Rafalska, because of the program, the number of families t...

Locked content ATM Group to float Aidem Media on the Warsaw bourse

WSE-listed media group ATM has signed a deal with Aidem Media, which it owns 50 percent of, to float its subsidiary shares on the Warsaw Stock Exchange, the company said in a market filing. “Aidem Media partners want to change it into a public company and list part, or all of its shares on the…...

OECD CLI falls in January

The Composite Leading Indicator (CLI) for Poland fell by 0.53 percent y/y, and increased by 0.06 percent m/m points amounting to to 100.07 points in January, according to data from the Organization for Economic Co-operation and Development (OECD).

Locked content Israeli MySize to open R&D facility in Poland

Israeli IT company MySize announced that it will submit EU grant proposal for financing launching an R&D facility in Poland. The investment will proceed only after a grant has been approved by the Polish government, the company said in a market filing. The company will also launch its Polish sub...