60% of family businesses see their situation as good

Nearly 60 percent of family businesses in Poland expect that in the coming year their economic situation will be good or very good, KPMG report showed. In whole Europe, 73 percent of respondents expressed such an opinion. More than 30 percent of Polish firms recorded in 2018 better financial results...

Locked content 87% of firms expect tax automation to reduce human errors

Almost half of companies operating in Poland believe that automation of tax processes will impact their work in the next years, according to KPMG report. Over 90 percent of respondents see tax automation as a tool to improve the reporting processes. 87 percent believe that automation will contribute...

Locked content Car production in Poland fell by 5.9 percent y/y in Q1-Q3 2018

The number of motor vehicles manufactured in Poland in the first three quarters of 2018 amounted to 496,600, a 5.9 percent decrease on the previous year, according to a report by KPMG in Poland and the Polish Automotive Industry Association (PZPM). The report, entitled “Automotive industry. Ed...

31% of companies plan to use R&D tax breaks in 2018 – KPMG

Nearly a third of companies (31 percent) plan to use the R&D tax breaks in 2018, while 64 percent intend to increased R&D spending within the next three years, according to a report published by consultancy KPMG. Out of the companies that plan to increase investments, 49 percent are going to...

Vehicle manufacturers expect sales to increase

Representatives of automotive manufacturers and distributors are convinced that the positive economic situation will continue and will bring increased levels of sales and revenues of automotive companies in the next six months. This is according to results from a study by KPMG and the Polish Associa...

Locked content New car registrations up by 11% y/y in Q1

As many as 139,900 new passenger cars were registered in Q1, 11 percent more than in the corresponding period of last year, according to a report prepared by consultancy KPMG and sector lobby PZPM. “Despite the significant increase in registration by individual customers, we have been dealing ...

18% of food producers are eying acquisitions

Almost a fifth (18 percent) of agricultural and food producers in Poland are planning acquisitions of their competitors within the next three years, in order to boost their company’s exports, advisory KPMG stated. Most acquisitions are focused on the CEE markets. “Almost eight out of 10 companies wi...

New car registrations up by 20% y/y in Q1 – report

As many as 125,900 new passenger cars were registered in Q1 2017, 20.3 percent more than in the corresponding period of last year, according to a report prepared by consultancy KPMG and sector lobby PZPM. “We continue to see a rapid increase in the number of registrations in the premium car se...