Locked content Ministry of Finance plans simplifying tax rules

The Ministry of Finance is working on simplifications in tax regulations.  The key objectives are less bureaucracy in taxes, lower taxes for business and investments as well as better safety for taxpayers, the Ministry said. In the area of “lower taxes for business and investments,” it p...

Net employment forecast in Poland at +13% for Q3 2018

The net employment forecast for Poland in the third quarter of 2018 is +13 percent, results from the Manpower study have shown. The best situation in the upcoming quarter can be expected by employees and entrepreneurs in the industrial production sector.

Foreign trade deficit reaches €0.7 bln at end-April– GUS

In the first four months of 2018, Polish exports amounted to €70 billion, while imports amounted to €70.7 billion. The trade deficit reached €0.7 billion. In comparison to the corresponding period of 2017, exports increased by 5 percent and imports by 7.9 percent, data from Poland’s Central St...

Vacancies grew in Q1 – GUS

There were 152.4k vacancies in Poland at end-Q1, which is 28.3 percent y/y growth, the Polish Central Statistical Office (GUS) reported.

Public debt grows in Q1

The national public debt at end-Q1 increased by 2.8 percent q/q to PLN 989.17 billion, the Ministry of Finance reported.

Locked content Minimum wage may increase to PLN 2,250 in 2019

Ministry of Family, Labour and Social Policy proposes increasing the minimum wage to PLN 2,250 and an hourly rate to PLN 14.7 in 2019. Currently, the minimum wage amounts to PLN 2,100 per month, while the minimum hourly rate is PLN 13.7. “We gave a higher offer to keep the minimum wage at arou...

Locked content Slight decline in fuel prices is possible – analysts

This week, a slight decline in fuel prices is possible, analysts said. They refer to the recent drop in oil prices and a temporary reduction of wholesale prices in Polish refineries. The recent price reductions in refineries will certainly help in stopping the growth trend at many petrol stations.  ...

Locked content Trakcja appoints Marcin Lewandowski as CEO

Supervisory Board of WSE-listed railway infrastructure builder Trakcja appointed Marcin Lewandowski new CEO as of September 1 – the company said in a press release. Lewandowski has been a member of the board and COO of Bilfinger Berger / PORR since 2009. In March this year Jarosław Tomaszewski...