Locked content Poland exports over 80% of its beef products

Poland exports over 80 percent of the beef produced in the country. Its export is crucial for the profitability of this production, said the President of the Polish Association of Beef Producers, Jerzy Wierzbicki. According to the Institute of Agricultural Economics and Food Economy, in 2017, the ex...

Locked content Record 45 mln passengers at Polish airports in 2018

In 2018, Polish airports served over 45.8 million passengers. Almost two-thirds of them have used regional airports. This is a record at Polish airports. The largest airport in Poland is Chopin Airport in Warsaw. It ended 2018 having served 17.755 million passengers, an increase of 12.7 percent, or ...

Locked content Poles will spend as much as PLN 50 bn on online shopping in 2019

According to the latest report of the marketing portal Interaktywnie.com, “E-commerce 2019,” which is under the patronage of Business Insider Polska, Poles will spend PLN 50 billion on online shopping in 2019. The report also showed that Poland is ranked 13th in the ranking of the fastes...

Locked content Possible reductions in fuel prices for February

Analysts from the e-petrol portal forecast slight reductions at petrol stations, while reflex brokerage experts predict price stabilization. As predicted by e-petrol, at the beginning of February volatility at stations should not be large, but “slight reductions are possible.” The antici...

Locked content Poland trailing in EU minimum wage ranking

With a minimum wage of EUR 523, Poland is eighth last in the ranking of EU countries where the minimum rate applies, according to Eurostat data. Currently, the minimum wage rate is applicable in 22 EU countries. The exceptions are Austria, Cyprus, Denmark, Finland, Sweden and Italy. According to the...

Locked content Poland in top 30 of safest countries in the world

Poland took 27th place in the ranking of the world’s safest countries published by “Global Finance.” The top three places were taken by Iceland, Switzerland and Finland. In last place was the Philippines. Three factors were taken into account when assessing the security of individu...

Locked content Almost 37% of mobile internet users have banking apps

Among mobile internet users, 36.8 percent has a banking application installed, according to a consumer survey by the Office of Electronic Communications. Over half of those who use banking applications, (52.6 percent) use it several times a week, and less than one third (32 percent) use it several t...

Locked content Master Pharm 2018 prelim. net profit up by 24%

Master Pharm reported a preliminary 2018 net profit of PLN 10.96 million, an increase of 24 percent y/y. Operating profit stood at PLN 13.86 million. Preliminary revenue grew by more than 15 percent y/y to PLN 74.81 million. The higher revenue resulted mainly from an increase in orders volume and or...

Locked content Over 90% of Biedronka items come from Poland

Retailer Biedronka cooperated with over 1000 suppliers from Poland in 2018, the company said. Last year nearly 92 percent of items in Biedronka stores came from Polish producers. In many categories, such as bread, dairy products, fresh fish, sweets, the share of domestic products reached almost 100 ...

Locked content More than every tenth Pole faces poverty

Despite the growing level of life in Poland, as many as 13 percent of households faced poverty in 2018. This is a 1 percentage point decrease compared to 2015, according to the Central Statistical Office (GUS) data.  The poverty threshold also grew over the last years. The most people affected by po...