Locked content Friedman: Poland to become regional power

Poland will become a “significant power” in the region due to Russia’s weakness and the dependence of the German economy on exports, American political scientist George Friedman told the Polish Press Agency (PAP). “The country plays a leading role not only when it comes to th...

Locked content Polish students very concerned about future careers – report

Polish students and recent graduates seem to be much more concerned about their careers than on average across the region, a report on labor market by Deloitte indicated. The consulting company pointed out that as such it manifests itself in the student’s more frequent participation in interns...

Locked content Tesco CEO: No plan to sell Polish assets

Tesco CEO Dave Lewis and financial director Alan Stewart slammed rumors that the company will exit the CEE. “We have made a revision of our activities. The decision to sell assets in Southern Korea is part of a broader scenario which says that our assets in the CEE area are key elements of our...

Locked content Over 40% of CEE BPO workers are hired in Poland – report

There are 335,000 specialists employed in a thousand foreign capital business service centers in Central and Eastern Europe (CEE), according to “Business Services in Central & Eastern Europe 2015” report, compiled by ABSL. Polish workers account for some 42 percent of the total numbe...

Locked content Norco to build furniture factory in Ciechanów

The Norwegian furniture producing company Norco invested over PLN 20 million in Ciechanów (Mazowieckie voivodship) at the end of August by building a factory along with an administrative department. The spokesperson of the Ciechanów City Hall informed that the Norwegian investor will construct a fac...

Locked content C&W: Weak rental outlook for Warsaw office market

Generally, the outlook is positive in the Central European office markets of the Czech Republic, Hungary, Romania, Poland and Slovakia, however Warsaw is anticipating the weakest rental growth, a report by Cushman & Wakefield indicated. The best performing CEE markets are expected to be Prague a...

Locked content Bankruptcy rate in Poland the lowest in CEE – report

As of last year, five percent of firms operating in Poland went bankrupt, a report compiled by Coface showed. This is the lowest figure in the entire Central East European region. “In spite of a slight improvement, the number of bankruptcies is still high, as many as 65,000 firm bankrupted las...

CEE investment volume at €1.44 bln in Q1 – JLL

The volume of commercial real estate investment transactions in CEE reached €1.44 billion in Q1 2015, according to preliminary estimates by JLL. The Czech Republic accounted for nearly half of that sum, €731 million, followed by Poland with €458 million and Romania (€140 million).