Business News Poland

No work on the 12th of November?

The ruling Law and Justice party (PiS) came up with an unexpected idea. They want to allow Polish people to commemorate the centennial of Poland’s independence a day longer. While the 11th of November, the Independence Day in Poland, this year falls on a Sunday, the lawmakers intend to make the 12th day of the […]
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National Fiscal Administration tougher on entrepreneurs

Polish Ministry of Finance and National Fiscal Administration are not particularly known for going easy on Polish business owners. More compliance obligations, tougher penalties and stricter stance on tax optimisation – we have seen all these in the recent months and years. This government is eager to increase fiscal revenue and crunch down tax evasion […]
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Standard & Poor’s upgrades Poland’s rating

Rating agency Standard & Poor’s upgraded their credit ranking of Poland from BBB+ to A- (long-term foreign currency rating) and A/A-1 (long- and short-term local currency rating) with stable outlook. The agency noted the country’s strong GDP growth and budgetary outcomes. The upgrade came earlier than expected and took many economy experts by (a pleasant) […]
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IMF: Poland’s GDP growth at 4.4% in 2018

International Monetary Fund has recently published its annual World Economic Outlook for 2018. The report showcases the current economic situation in the world and as well as the forecasted developments. The organisation predicts that in the upcoming years Poland’s economy will face a slowdown.   International Monetary Fund experts think that Polish economy in 2018 […]
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Government body will not help crypto companies

Polish Bitcoin Association issued a letter to Office of Competition and Consumer Protection requesting their assistance with dealing with Polish banks. In several commercial banks in our country it is extremely difficult to open and maintain an account if you are a cryptocurrency-related business (for example you run a trading platform). Even if a bank […]
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New regulations on keeping personnel files

All Polish employers are under obligation to create and store personnel files containing work-related information on their employees. Such documents are essential for establishing the amount of pension or period of employment of a staff member. The files may be requested by Social Insurance Institution (ZUS). That is why employers have to keep personnel records […]
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V4 want cross-border high-speed rail

Visegrád Group ministers met at Štrbské Pleso to discuss plans for creating high-speed rail line connecting the four countries of the CEE region: Poland, Slovakia, Czech Republic and Hungary. The politicians signed a document expressing their wish to cooperate on this endeavour. It is a first step towards revolutionizing rail transport between the four states. […]
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Government presents new ideas for small and medium enterprises

Polish government adopted an SME package – informed Jadwiga Emilewicz, the Minister of Entrepreneurship and Development. The package is to be an answer to the troubles of owners of small and medium-sized companies in the country. Mateusz Morawiecki’s cabinet vouched to make the lives of Polish entrepreneurs easier, at least when it comes to their […]
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FTSE Russel: Poland is a developed market

Last Monday, Poland hit the headlines of the most renowned business periodicals, from Financial Times to Forbes. The reason is the decision of FTSE Russel, a leading index provider at London Stock Exchange, to change the country’s market status, which came into effect. Poland was reclassified from Emerging Markets to Developed Markets. It has officially […]
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BZ WBK is now Santander

The second week of September was significant for numerous account holders from Bank Zachodni WBK, one of the biggest commercial banks in Poland. The 8th and 9th day of the month were chosen as the starting point of one of the most challenging tasks a bank, or any big enterprise for that matter, may confront: […]
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Filip Roger Zalewski
Poland Zalewski Consulting
warsaw@zalewskiconsulting.pl
Cafelco Consulting Poland Sp. z o.o.
ul. Modlińska 129 / U10
03-186 Warsaw
Poland

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Dorota Ostafińska
Poland Zalewski Consulting
accounting@zalewskiconsulting.pl
Cafelco Consulting Poland Sp. z o.o.
ul. Torfowa 2
30-384 Cracow
Poland
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