Locked content Poland’s National Development Bank to increase lending capacity

According to a report on Thursday morning in Puls Biznesu, the government plans to recapitalize bonds worth PLN 3 billion in an effort to increase lending possibilities in Poland. “Reinforcing the capital of the bank (finances) the plan of Development Minister Morawiecki…the most (significant) part ...

Locked content Morawiecki maintains tax changes won’t hurt entrepreneurs

Minister of Economic Development and Finance, Mateusz Morawiecki, told the Polish press over the weekend that planned reforms to the tax system would take into account the risks that entrepreneurs face when running their businesses. He confirmed that there were no plans to eliminate the 19 percent f...

Locked content Morawiecki: “We are dealing with a cyclical slowdown”

Concerns regarding Poland’s lower-than-expected economic growth during Q3 can be attributed to a European, as well as an international, downturn in economic growth, Polish Deputy PM and Minister of Finance Mateusz Morawiecki told the Polish press on Thursday. “We are (still) one of the fastest-expan...

Locked content Morawiecki to outline Poland’s new ‘Business Constitution’

Poland’s Deputy Premier, Mateusz Morawiecki, was on Tuesday expected to lay out general guidelines under which the country’s businesses would be obliged to operate at a meeting of the Council of Ministers. The constitution is expected to be a collection of the rights and guarantees protecting entrep...

Poland’s deficit could exceed EU limit

Poland’s deficit, which is set to reach nearly PLN 20 billion next year, could exceed the 3 percent limit imposed by the European Commission, Puls Biznesu stated. The EU is skeptical that Poland will be able to keep its public sector deficit under its 3 percent threshold, indicating in its report th...

Morawiecki in London to drum up business

Polish Deputy Premier Mateusz Morawiecki was in London once again on Wednesday, where he met with finance, technology and insurance sector entrepreneurs in an attempt to woo companies to Poland post-Brexit, according to the Polish press. The meeting was attended by approximately 20 representatives w...

Locked content Morawiecki: Poland looking to increase cooperation with ESA

Poland’s Minister of Development and Finance, Mateusz Morawiecki, indicated that Poland will seek to benefit from its membership in the European Space Agency during the coming years. The country’s Space Strategy, introduced this past September, aims to develop more dynamically, in order to compete o...

Locked content Bombardier set to launch high-speed train production in Wrocław

Bombardier Transportation Polska will be starting production in November at its new facility in Wrocław. The company has invested over PLN 250 million in expansion of its plant, according to the Ministry of Development, creating 100 new jobs, eventually increasing to 800. The plant will produce body...

Locked content Amazon to open fourth logistics center in Poland

Amazon will build a new logistics center in Kołbaskowo (Western Pomerania), the American online retail giant announced on Thursday. This will be Amazon’s fourth center in Poland and will employ 1,000 people. Completion of the investment is planned for August 2017. Its value is estimated at ove...