Capitalize on cultural diversity

It is December 1998, I am 25 years old. I’m in my first job out of corporate college, working for a Danish company that had acquired a Swedish firm a year earlier. Full of energy, optimism and confidence, I’m sent to Sweden as a “product and systems expert” to teach our Swedish colleagues to sell th...

A rigged game

Economic nationalism is picking up in may corners of the world. In Poland it has taken the form of “re-polonization”of business. Supporters emphasize that it is extremely important to maintain an “appropriate balance” between national and foreign capital in the Polish economy...

Office rents growing across Europe – C&W

Weighted quarterly office rent growth across Europe reached a six-year high of 0.8% in Q1 2018, according to a recent study by Cushman & Wakefield. The growth was mainly driven by continued positive performance of the German, Nordic (Denmark, Finland, Norway and Sweden) and Semi-core (Ireland, I...

Number of ATMs keeps declining – NBP

The number of ATM machines keeps decreasing: as of end-December 2017 there were 23,230 ATMs in Poland, after having declined by 96 over the fourth quarter, the National Bank of Poland stated. Over the course of nine months (March 2017-December 2017), the number dropped by 521. In Q4 2017 the number ...

Poland likely to remain top EU funds beneficiary – Kwieciński

“Poland will likely remain the largest beneficiary of EU funds in the 2021-2027 perspective, due to the country’s size and the fact that the country will strongly benefit from its two largest budget positions: the cohesion and agricultural policies, Investment and Development Minister Jerzy Kwiecińs...

Locked content 2018 budget deficit expected at 1.4% – EC

Budget deficit is expected to amount to 1.4 percent of GDP in 2018 and in 2019, according to the latest forecast published by the European Commission. Earlier, the EC predicted the 2018 and 2019 deficit to come in at 1.7 percent. In 2017 deficit stood at 1.7 percent, while in 2016 it was at 2.3̷...

Locked content EC increases Poland’s 2018 GDP growth forecast to 4.3%

The European Commission once again increased Poland’s 2018 GDP growth forecast to 4.3 percent from its previous estimate of 3.8 percent issued in November 2017. For 2019, forecasts were also revised upwards, to 3.7 percent, from 3.4 percent earlier. Inflation in 2018 should come in at 1.3 percent an...

Unemployment at 4.4% in March – Eurostat

The seasonally adjusted unemployment rate in March stood at 4.4 percent in Poland, according to Eurostat’s methodology. It remained unchanged compared to the previous month, Eurostat stated in a press release. The total number of unemployed people in Poland amounted to 754,000. In the euro zone, une...