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...

Locked content Polish firms ready to buy Belarusian companies

The potential participation of Polish companies in privatization in Belarus is a watershed moment in the history of these two countries, Deputy Prime Minister Mateusz Morawiecki said. He added that a list has been agreed of Belarusian companies that Polish companies could try to purchase. “We agreed...

Locked content Morawiecki: A new tax on retail trade is being prepared

The government is preparing a new solution for the retail sales tax. If this is rejected by the European Commission, like the previous version, it will implement the French or Spanish solution, Deputy Prime Minister and Minister of Finance Mateusz Morawiecki informed. “We plan to propose a new tax, ...

Locked content Toyota to invest PLN 650 mln in Wałbrzych and Jelcz

Toyota is set to invest PLN 650 million in its Polish plants to launch production of hybrid transmissions in Wałbrzych and two new gasoline engines in Jelcz-Laskowice. The auto giant’s total investment in Poland will rise to over PLN 4 billion, Deputy Prime Minister and Minister for Developmen...