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29
Jun
PAIH and Automotive Group will...
Author: Triglav-Rysy
english
Polish Investment and Trade Agency has established a cooperation with the Polish Automotive Group (PGM) gathering domestic manufacturers of automotive accessories and components. Under the agreement, both parties will in...
29
Jun
Interests rates frozen
Author: Triglav-Rysy
english
The Polish financial market is pricing in the first interest rate hike at the beginning of 2019 at the earliest, the daily Parkiet writes citing Forward Rate Agreement (FRA) valuations.  Investors seem to have put ...
29
Jun
5G for Poland
Author: Triglav-Rysy
english
The Polish government is calling on the broad-based IT and telecom market to cooperate in creating a 5G strategy for Poland, Digitalization Minister Anna Strezynska wrote in an opinion piece for the daily Rzeczpospolita....
13
Jun
Tax freedom day in Poland
Author: Triglav-Rysy
english
Friday, June 9, was a tax freedom day in Poland, according to the calculations of the Adam Smith Center think-tank cited by Rzeczpospolita daily.  This year the day comes six days sooner than last year. Poland enj...
13
Jun
Donald Trump will visit Poland
Author: Triglav-Rysy
english
Polish President Andrzej Duda and US President Donald Trump will discuss "above all economic and security-related issues" during Trump's visit to Poland planned for July 6, Duda told the tabloid Super Expre...
3
Jun
Katowice Announced as Host Ven...
Author: Triglav-Rysy
english
The city of Katowice was today announced by the Government of Poland as the venue for the 2018 UN Climate Change Conference, or “COP 24”. Poland was chosen as the upcoming President by the Eastern European...
3
Jun
Poland GDP growth in the first
Author: Triglav-Rysy
english
Central Statistical Office has provided the latest data on the Polish economy. In the first quarter of 2017 GDP growth in Poland achieved 4% yoy . Analysts said the acceleration was driven by a pick-up in investment a...
3
Jun
Inflation in Poland at 1,9%
Author: Triglav-Rysy
english
Inflation in Poland hit 1.9% percent year on year in May 2017, according to a flash estimate cited by the country’s Central Statistical Office This was the first inflation release for May in the region where con...
3
Jun
Unemployment drops to 4.8% in
Author: Triglav-Rysy
english
The seasonally adjusted unemployment rate in Poland dropped to 4.8 percent in April, a 0.1 percentage point decline m/m, the EU statistical office Eurostat said. This is a drop from April of 2016, when it stood at 6.4 pe...
1
Jun
Foreign investments: Poland am
Author: Triglav-Rysy
english
As defined by fDi Intelligence, the value of greenfields announced by foreign investors in 2016 amounted to USD 9.9 bn in Poland. This gives our country the 5th place in Europe. The result Poland has achieved is better t...
1
Jun
Belt and Road Forum: Poland wi...
Author: Triglav-Rysy
english
On Sunday, 14 May the international summit dedicated to the Chinese initiative Belt and Road has started in Beijing. 29 world leaders of various countries including Prime Minister of Poland, Beata Szydło have taken part...
1
Jun
Polish companies invest abroad
Author: Triglav-Rysy
english
Polish companies’ foreign investments rose 150 times since Poland joined the EU in 2004, reaching PLN 93 billion at the end of 2015 versus PLN 600 million in 2004, the daily Rzeczpospolita writes.  Poland has...
1
Jun
New powers for tax office
Author: Triglav-Rysy
english
All newspapers report about the latest Poland's efforts to increase tax collection by giving the tax office daily access to corporate bank account data to detect suspicious transactions.  Access to the bank acc...
1
Jun
Arcona to buy 11 convenience s
Author: Triglav-Rysy
english
Arcona Property Fund, part of Arcona Capital, a real estate fund management company operating across northern and central Europe, is close to completing a transaction to buy a portfolio of 11 local convenience shopping c...
1
Jun
OFE reform soon
Author: Triglav-Rysy
english
Poland expects pension fund OFE reform, in a shape similar to that presented in July 2016, to be passed by the parliament to the end of the year, deputy PM Mateusz Morawiecki told reporters. "[The bill] should be p...
21
Mar
Investment cooperation between
Author: Triglav-Rysy
english
Poland is an excellent place to invest and develop business. Polish 38-million market is one of the largest in the European Union. Attractive location in the center of Europe and at the crossroads of the main c...
21
Mar
Lubelskie focused on exports
Author: Triglav-Rysy
english
‘New Agency will be >>the first point of contact<< for exporters and investors planning the development of their foreign activity’ - said jointly Krzysztof Senger, executive vice-president of ...
16
Mar
Investment cooperation between
Author: Triglav-Rysy
english
Poland is an excellent place to invest and develop business. Polish 38-million market is one of the largest in the European Union. Attractive location in the center of Europe and at the crossroads of the main c...
16
Mar
Współpraca inwestycyjna pomi
Author: Triglav-Rysy
english
Polska to doskonałe miejsce do inwestowania i rozwijania biznesu. Polski 38-milionowy rynek zbytu jest jednym z największych w Unii Europejskiej. Dogodne położenie w centrum Europy na skrzyżowaniu głównych s...
9
Feb
Monetary Policy Council keeps
Author: Triglav-Rysy
english
Poland's Monetary Policy Council extended the rate hold to its twenty-third month keeping the central bank (NBP) reference rate at a record low 1.5 %. The February decision, matching nearly all known signals and una...
9
Feb
Poland's December retail sales
Author: Triglav-Rysy
english
Polish retail sales increased by 4.0% year on year in December 2016, after a 7.8% growth in November, and were down by 1.7% month on month, according to a release by the EU statistics office Eurostat. Poland's own...
9
Feb
Referendum on creation of Wars...
Author: Triglav-Rysy
english
Warsaw residents will vote in referendum on March 26 over proposal by the governing Law and Justice (PiS) to change the administrative boundaries of the capital city and turn it into a local government unit encompassing ...
9
Feb
PAIiIZ transforms into the Pol...
Author: Triglav-Rysy
english
On Friday, 3rd February 2017, Polish Information and Foreign Investment Agency has changed its official name to the Polish Investment and Trade Agency. Expanding its objectives, the new Agency will focus on two main issu...
9
Feb
Demand for housing loans soars
Author: Triglav-Rysy
english
Demand for housing loans in the Polish banking sector jumped by 41.5% year on year in January, while demand for consumer loans increased only marginally, by 0.7% y/y, Poland's credit information bureau BIK said. T...
9
Feb
Poland launches PLN 1bn loan f...
Author: Triglav-Rysy
english
The Polish government will allocate PLN 1 billion in preferential loans to telecom firms for investments into broadband infrastructure, Ministry of Digital Affairs said. State bank BGK will be operator of the fund and...
9
Feb
Swarovski to open service cent
Author: Triglav-Rysy
english
Austrian producer of cut lead glass, Swarovski, will open its global service center in Gdańsk to handle its financial and administrative affairs. The center will launch in June this year, however at first, the team will...
9
Feb
EU investments to boost Poland
Author: Triglav-Rysy
english
Deputy Minister of Development, Jerzy Kwieciński said that according to the resort estimates, investments funded by EU will boost next year’s GDP by around 1 percentage point. Kwieciński expects that boost to gro...
31
Dec
Cash for Innovators
Author: Triglav-Rysy
english
Innovative businesses from Poland will receive 5 million zloty in subsidies to help them bring their products and services to foreign markets. The funds will be awarded as part of a program run by the National Centre ...
31
Dec
Polish Healthcare Market Set t
Author: Triglav-Rysy
english
The market for medical services in Poland is set to grow at an average rate of 4.2 percent a year in the next four years to be worth zl.140 billion by 2020, a new study shows. The country’s private healthcare sector ...
31
Dec
Poland to invest PLN 2bn in st
Author: Triglav-Rysy
english
The Polish government will invest PLN 2 billion via its R&D agency NCBR and development fund PFR Ventures in innovative start-ups, the daily Rzeczpospolita reports.  The money will go to young, small and mid-...
31
Dec
Poland's GDP growth seen at 3.
Author: Triglav-Rysy
english
Poland's GDP may grow by 3.1% in 2017, while the average annual inflation could accelerate to 1.5%, the daily Rzeczpospolita report H2 2017 should show investments growth with the full-year increase seen at 2.5% y...
31
Dec
Select food prices likely to g
Author: Triglav-Rysy
english
Prices of dairy products, pork and beef are likely to increase in 2017, Gazeta Wyborcza writes.  On the other hand, prices of poultry, cereal products and sugar could decline, looking at the trends on global mark...
31
Dec
Poland’s unemployment rate s...
Author: Triglav-Rysy
english
Poland’s registered unemployment rate in November held flat month on month at 8.2%, Central Statistical Office (GUS) said in a statement. The number of registered unemployed measured 1.314 million versus 1.308 m...
31
Dec
New projection of inflation an...
Author: Triglav-Rysy
english
Projection of inflation and GDP clearly indicates projected development in Polish economy until 2018. In economies that are Polish major trading partners we may see moderate growth. At the same time uncertainty about ...
31
Dec
Regional investment attractive
Author: Triglav-Rysy
english
Mazowieckie remains the most attractive province for investors in Poland while Opolskie recorded the biggest rise - shows results from the latest, eight edition of the report on investment attractiveness of the regions, ...
31
Dec
Poland attractive for foreign
Author: Triglav-Rysy
english
According to the research by PAIiIZ, Grant Thornton and HSBC bank,97% of foreign investors in Poland asked, if there were to invest in Poland, say they would have made this decision once again.   ...
24
Nov
Poland to boost gas imports di
Author: Triglav-Rysy
english
The Polish government intends to increase natural gas imports diversification by lowering the cap on imports from a single source in a given year from 70% in 2017-2022 to 33% in 2023-2026, according to a draft resolution...
16
Nov
Polish GDP growth falls to 2.5
Author: Triglav-Rysy
english
Polish economic growth fell to a 2.5% annual rate after edging up a mere 0.2% in seasonally adjusted terms from the second quarter, according to a flash estimate by the Central Statistical Office (GUS). The figure fal...
16
Nov
Poland could push 2016 deficit
Author: Triglav-Rysy
english
Poland could sport its public finance sector deficit even below the forecast 2.6% of GDP this year, potentially opening the door to moving some 2017 spending to 2016, deputy Finance Minister Leszek Skiba said. There i...
12
Nov
European Commission cuts Polan
Author: Triglav-Rysy
english
The Polish economy is expected to grow by 3.1% this year, 0.5 pps below a spring forecast, and accelerate to 3.4% in 2017, also below previous expectations, the autumn set of economic forecasts from the European Commissi...
4
Nov
Polish PMI index falls to 50.2
Author: Triglav-Rysy
english
Poland's manufacturing sector purchasing managers' index PMI declined to 50.2 points in October from 52.2 points in September, the lowest reading in over two years. The decline mainly reflected a decline in in...
4
Nov
Poland to set up own rating ag
Author: Triglav-Rysy
english
The Polish government is determined to set up a Polish rating agency, which could be affordable to private companies and local governments which want to reach for capital and cannot afford services of three rating agenci...
21
Oct
26th Economic Forum in Krynica
Author: Triglav-Rysy
english
Participants of the 26th Economic Forum in Krynica, 6-8 September 2016, discussed major current economic, social and political issues. The programme of the Forum was filled with debates, thematic blocks, presentatio...
20
Oct
Polish HICP deflation eases to
Author: Triglav-Rysy
english
Poland's harmonized annual HICP inflation measured a negative 0.2% year on year in September after a -0.5% y/y reading in August, said Eurostat in a statement. Month on month, prices were flat, Eurostat data ...
20
Oct
Poland revises 2015 GDP growth
Author: Triglav-Rysy
english
Poland ended 2015 with stronger than estimated economic growth at a 3.9% annual rate, up from a prior measure of 3.6% mainly on account of revised foreign trade data, said Central Statistics Office (GUS). By the numbe...
19
Oct
Polish auction website Allegro...
Author: Triglav-Rysy
english
Private equity funds: Cinven Ltd, Permira and Mid Europa Partners have struck terms to buy 100% shares in Polish online auction site Allegro for USD 3.253 billion, the seller, South Africa-based global internet and enter...
10
Oct
Poland backs ratification of C
Author: Triglav-Rysy
english
Poland’s Sejm passed the ratification act on the free trade agreement between EU and Canada (CETA) by a qualified majority vote. 326 MPs voted for the ratification with 90 against. Ruling Law and Justice (PiS) a...
22
Sep
Polish industrial output grows
Author: Triglav-Rysy
english
In August of 2016, sold production of industry was by 7.5% higher than in August of 2015, whereas a decrease of 20.5% was reported in construction and assembly production. In the period January-August of 2...
22
Sep
The minimum wage in Poland is ...
Author: Triglav-Rysy
english
The government began implementation phase of its plans which were submitted during the election campaign. The President of the Republic of Poland, Mr. Andrzej Duda signed the bill on changing the minimum wage in Poland. ...
13
Sep
Poland issues 3 bln yuan panda
Author: Triglav-Rysy
english
Poland’s Finance Ministry issued 3 billion worth Chinese yuan bonds with 3.4% yield, rendering a negative 0.173% after swapping into euro. The profitability of Polish debt was in the range (3.20-3.70%). The orga...
8
Sep
Poland's standard of living ri
Author: Triglav-Rysy
english
The standard of living in Poland has changed faster than in South Europe nations and even in western European countires. The data comes from this year's edition of the Sustainable Economic Development Assessment (...
18
Aug
National Bank of Poland dimini...
Author: Triglav-Rysy
english
National Bank of Poland diminished expectations concerning GDP growth in Poland. Despite faltering economic data concerning the national economy, we can look optimistically on the Polish labour market. Besides, in the la...
23
Jun
Poland to lower CIT for small
Author: Triglav-Rysy
english
The Polish government will reduce the corporate income tax for small companies from 19% to 15% as the Prime Minister Beata Szydło and deputy Finance Minister Wiesław Janczyk said during a press conference. The lower...
6
May
8th European Economic Congress
Author: Triglav-Rysy
english
The European Economic Congress (EEC) in Katowice is a three-day cycle of debates, meetings and accompanying events attended by over 7,000 guests from Poland, Europe and all over the world. Almost 100 ...
17
Apr
New projection of inflation an...
Author: Triglav-Rysy
english
Projection of inflation and GDP clearly indicates projected development in Polish economy until 2018. In economies that are Polish major trading partners we may see moderate growth. At the same time uncertainty about ...
15
Apr
We are all sad about the news,
Author: Triglav-Rysy
english
We are all sad about the news, that Mr. Marko Dolžan, a valued friend, founder of the polish-slovenian club Triglav-Rysy and its president for many years, has passed away. We remember him as a hearty person and respecte...
4
Apr
Economic Forum in Racibórz
Author: Triglav-Rysy
english
Cityhall of Raciborz, together with Katowicka Special Economic Zone, Racibórz Chamber of Commerce and PAIiIZ that holds the patronage over the event, invite all to join Forum Gospodarcze “Racibórz - Z...
3
Dec
New projection of inflation an...
Author: Triglav-Rysy
english
Projection of inflation and GDP, indicates clearly projected developments in the Polish economy, with  the assumption of constant NBP interest rates. National Bank of Poland published report, which shows that acc...
9
Nov
Labor market in Poland – cur
Author: Triglav-Rysy
english
Unemployement rate drop The registered unemployment rate amounted to 9.6 percent in October, a decrease of 0.1 percentage points month-on-month, based on estimates from job centers, the Ministry of Labor and Soci...
9
Nov
Poland's Law and Justice party
Author: Triglav-Rysy
english
Poland's Law and Justice party (PiS), which won an outright majority in parliamentary elections, announced the lineup of its prospective government. Beata Szydło has been appointed Prime Minister. Defense...
20
Oct
Business rituals in Poland
Author: Triglav-Rysy
english
In this article we provide some advices for people doing business in Poland.   Meeting & Greeting: Poland is a rather formal and hierarchical culture. As a result first names are rarely used initially i...
26
Aug
Government wants to revert to ...
Author: Triglav-Rysy
english
The Polish government will press to reinstate a 50­-50 split of the cost of converting FX­mortgages to zloty between banks and clients as key banking legislation goes through the Senate, upper house prime Ministe...
30
Jun
Polish bank BGK will finance m...
Author: Triglav-Rysy
english
The project manager of the fund FEZ Zbigniew Gluchowski declared that Polish state owned bank for special purposes BGK (Bank Gospodarstwa Krajowego) will help to co-finance the fund FEZ, which is helping Polish businesse...
22
Jun
Office space market in Warsaw
Author: Triglav-Rysy
english
Last year was unique in the terms for the market of office space in Poland. In 2014 the total demand on the whole Polish market met more than 1 million square meters of office market space.  The total surface of the...
13
May
Projection of inflation and GD...
Author: Triglav-Rysy
english
Projection of inflation and GDP, indicates clearly projected developments in the Polish economy, with  the assumption of constant NBP interest rates.   National Bank of Poland published report, which show...
13
May
Polish banks will mitigate the
Author: Triglav-Rysy
english
It is expected that Polish banks will be alleviating the lending criteria for consumers, housing and also for businesses in the second quarter of this year. Banks should have taken this decision on the basis of research ...
12
Mar
Polish economy in 2015
Author: Triglav-Rysy
english
After a year, which brought to Poland many successes, as well as care, Polish businessmen are predicting that year 2015 will be less turbulent and marked by the growth of the Polish economy. In this article we will discu...
1
Mar
Will the economic slowdown in ...
Author: Triglav Rysy
english
Uncertain circumstances in Ukraine and sanctions imposed by the European Union on Russia have had little influence on Polish economy so far. On the other hand, some Polish exporters, which were heavily dependent on Russi...
1
Mar
The growth of the PMI in Polan
Author: Triglav Rysy
english
The PMI (Purchasing Managers' Index), an indicator of production, has been increasing by 1.7 point each month since August 2014, totalling 51.2 points by October 2014. According to the reports by the HSBC and Markit ...
1
Mar
Polish banks passed stress tes
Author: Triglav Rysy
english
The Polish banking sector has easily passed stress tests organised by KNF (Polish Financial Supervision Authority) with only minor deviations or capital shortage in the banks Getin Noble and BNP Paribas. According to ...
1
Mar
The unemployment rate in Polan
Author: Triglav Rysy
english
The unemployment rate in Poland was 11.7% in August, but fell to 11.5% in September, according to a report published by the Central Statistical Office of Poland (GUS) last week. At the end of September, the number of the...
1
Mar
24th Economic Forum in Krynica
Author: Triglav Rysy
english
From 2 to 4 September 2014 the 24th Economic Forum will take place in the Polish town of Krynica-Zdrój. The forum’s main topics will be the period after the world economic crisis and the time for new leaders...
1
Mar
Poland is still attractive for
Author: Triglav Rysy
english
Judging by the “2014 Europe Attractiveness” survey, conducted by the consultancy firm EY, foreign investors still consider Poland as the most attractive destination for new projects in Central and Eastern Eur...
1
Mar
Polish public debt fell to 49.
Author: Triglav Rysy
english
Eurostat’s report revealed that in the first quarter Polish public debt decreased by 7.6% (currently standing at 49.5% of GDP compared to 57.1% of GDP in 2013) according to the ESA 95. Currently, the nominal amount...
1
Mar
A 0.3% inflation in June in Po...
Author: Triglav Rysy
english
In its communication, Eurostat announced that the harmonised intra-annual inflation according to the HICP methodology stood at 0.3% in June, therefore staying at the same value as in April and May.  This communicati...
1
Mar
Consumption in Poland reaches ...
Author: Triglav Rysy
english
In regard to the average annual consumption per capita in Central and Eastern Europe, Poland has ranked third, just after Lithuania and Slovakia, according to the Eurostat data for 2013. The data has showed that consumpt...
1
Mar
As expected the Monetary Polic...
Author: Triglav Rysy
english
At a regular July session, the Polish Monetary Policy Council confirmed the existing fixed interest rates, thus acting in accordance with its commitment to refraining from any interest rate changes until the end of the t...
1
Mar
The industry sector is the mai...
Author: Triglav Rysy
english
During the period of forecast economic growth in Poland, the industry sector is anticipated to be the main source of employment growth, according to the first quarter report (published by the Polish Central Bank NBP) on ...
1
Mar
Poland was granted EUR 1.1. bi...
Author: Triglav Rysy
english
The Ministry of Finance of the Republic of Poland announced that in June Poland was granted EUR 1.1 billion of European support for current transfers, and EUR 702 million of capital transfers also within the European fun...
1
Mar
Poland has determined priority...
Author: Triglav Rysy
english
The Polish government has determined 11 priority investments that state-owned enterprises should carry out with mutual cooperation. In addition, after a meeting with the directors of the largest state-owned ent...
1
Mar
The recovery in Polish economy
Author: Triglav Rysy
english
Experts from Polish and international institutions believe that Polish economy will be recovering in the following years. After the publication of macro-economic results for the first quarter, the Polish Ministry of t...
1
Mar
Economic growth forecast for J
Author: Triglav Rysy
english
At the announcement of intra-annual results of Polish economic growth in May, analysts of the Polish Ministry of the Economy forecast that the intra-annual Polish economic growth in June should amount to 4%.   ...
1
Mar
The Polish real-estate market ...
Author: Triglav Rysy
english
Judging by the data published by the company JLL and LaSalle Investment Management in a two-year report on the transparency of the world’s real-estate market, the transparency index for the Polish real-estate marke...
1
Mar
Poland at the head of three Eu
Author: Triglav Rysy
english
In accordance with the European elections, the European Parliament has confirmed a list of members of 20 standing committees and two subcommittees that reflect the parliament composition after the European elections. Pol...
1
Mar
The WSE has established its ow...
Author: Triglav Rysy
english
In the previous week, the Warsaw Stock Exchange (WSE) had established its own credit rating agency called (IAiR) (Institute for Analysis and Rating), whose aim was the expansion of a rating offer for small and medium-siz...
1
Mar
Poland is the 13th most attrac...
Author: Triglav Rysy
english
On this year’s list of countries that are the most attractive for foreign investors – published by the United Nations Conference on Trade and Development (UNCTAD) – Poland ranked thirteenth, one place h...
1
Mar
The meeting with the Slovenian
Author: Triglav Rysy
english
In the contemporary business world, it is of utmost importance to make and maintain business contacts. We are aware of that at our Slovenian-Polish business club, therefore we will organise a solemn meeting with His ...
All rights reserved, Triglav Rysy, design & development: Premuz & Stajnko, Bauman 2015