WBJ | Warsaw Business Journal
UOKiK brings charges against Netia and P4 for misleading pricing
Poland's Defense Transformation Elevates Its Role in Europe
1 day ago · In recent years, Poland has significantly bolstered its defense capabilities, emerging as a leading military power in Europe. The enactment of the Homeland Defense Act in 2022 marked a pivotal step, aiming to expand the Polish Armed Forces to 300,000 personnel and increase defense spending to 3 ...
LNG terminal, which can cover half of Poland’s gas demand,...
3 days ago · The expansion of the Świnoujście LNG terminal, a crucial investment for Poland's energy security, is now complete. This facility can now process 8.3 billion m³ of gas annually, nearly half of Poland's natural gas demand. The project, spanning two decades and involving seven consecutive governments, increased the terminal's regasification capacity and added new functionalities. The expansion ...
Less than 200,000 new homes were put in use throughout 2024
2 days ago · Preliminary data from Poland’s Central Statistical Office (GUS) show that 199,900 new homes were completed in 2024, a 9.6% drop from 2023, marking the lowest supply in over a decade. Developers delivered 124,300 homes (-9.6% y/y), while individual investors added 69,800 (-12.1% y/y). Total housing ...
Digital Payments Dominate Winter Travel for Polish Tourists
1 day ago · Nearly half of Poles are planning a winter getaway to the mountains, and 7 in 10 intend to use digital payments during their trips, according to a new Visa survey. Whether using cards, smartphones, or smartwatches, digital transactions have become the preferred method for covering daily expenses ...
58% of Polish companies have started process of adapting to AI Act
5 days ago · Over half (58%) of Polish organizations have begun adapting to AI Act regulations, reflecting growing awareness of the evolving legal environment, according to an EY survey. However, 16% halted their efforts, likely due to technical challenges or resource constraints, while 17% have yet to act. Key provisions, including bans on practices like social scoring, take effect in February 2025 ...
WBJ | Warsaw Business Journal
Subdued currency movement and slight increase in debt yields predicted
WBJ | Warsaw Business Journal
Warsaw Business Journal is Poland’s leading English-language business magazine, targeted at readers including top managers and decision-makers in the country. We cover news and provide in-depth analyses of trends in such areas as the Polish economy, finance, law, technology, real estate and much ...
WNP: In order to survive, Polish steelworks must stop exporting ...
Dec 12, 2024 · Poland’s steel industry has potential but must focus on increasing domestic scrap metal usage instead of exporting it. Currently, Poland is the EU's fifth-largest scrap exporter, accounting for 2.6% of global scrap exports. Electric arc furnace (EAF) technology, which produces steel from scrap with seven times lower CO2 emissions than basic oxygen furnaces (BOF), could revitalize the sector ...
Poland's Expanding Middle Class Among the Largest in Europe
Aug 23, 2024 · Poland's middle class is among the largest in Europe, with around 60 percent of the population classified within this group, according to recent studies. The criteria for being considered middle class in Poland include income, education level, and employment type. In Poland, a household with a net income of between PLN 3,500-7,500 per month per person is generally considered middle class. The ...
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