News – Page 34 of 84 – Zalewski Consulting - Company Formation, Shelf Companies, Fintech M&A

More Investment into Rail in Poland

Posted on April 29, 2019October 19, 2023 by admin

Prime Minister Mateusz Mazowiecki has recently announced that the government prepared a list of rail in Poland and train lines of strategic importance to the country. The ruling party wants to make sure rail transportation is not neglected. On the contrary – the planned construction of Solidarity Transport Hub (knows also as Central Communication Port) is going to put trans in the spotlight after years of neglect. Heavy investment is expected in the sector in the upcoming years. Central Commu Read more

Open Pension Funds to be Disposed of

Posted on April 26, 2019October 19, 2023 by admin

The Polish government announced its plans for a new pension system reform and its intention to entirely do away with Open Pension Funds (OFE). This will be a definite end of the retirement system as we know it. Several years ago, after the reform of 1999, OFEs were supposed to be the main pillar of the pension system, where millions of Polish workers would deposit a part of their income waiting for old age to come. T Read more

First Electronic Money Licence in Poland

Posted on April 22, 2019October 19, 2023 by admin

Financial Supervision Authority (KNF), the body supervising the Polish financial market, granted first-ever licence for issuing electronic money in Poland. The licence was approved for Polish-British company called Billon Solutions. The entity has also been permitted to provide payment services using electronic money. This is a noteworthy moment in the history of Poland’s financial markets. In a press release, KNF stressed that the institution supports innovative Read more

Ministry Wants to Reduce Labour Costs

Posted on April 15, 2019October 19, 2023 by admin

Teresa Czerwińska, Poland’s Minister of Finance, announced new government plans aiming to bring labour costs down. This is to be done by an array of changes to Personal Income Tax regulations. The ones who will benefit the most are young Poles and people with low to moderate income. The changes will affect employees who are taxed on tax scale as well as entrepreneurs who operate as sole proprietorships and pay PIT tax instead of Read more

Energy Transition – a Challenge for Poland

Posted on April 12, 2019October 19, 2023 by admin

Europe needs to move away from fossil fuels and towards renewable energy sources. The energy transition is one of the biggest challenges that current and future governments face. The change will be particularly hard for those regions whose economies are based on coal. A recent report from the European Commission experts focuses on the future of EU’s coal regions. According to the researchers, Poland may loose over 40 thousand jobs by 2030 as a result of the energy transition shift. It will mo Read more

Teachers Strike Spreads Across Poland

Posted on April 08, 2019October 19, 2023 by admin

Monday is the first day of national-wide teachers strike. It is estimated that more than 70 percent of preschool, primary, middle and secondary school teachers participate in the strike, and it is virtually impossible for anyone to miss it. Most state schools are closed for indeterminate period. Although pupils may be happy the school is out, adults have a tough nut to crack. School staff are fighting for higher remuneration. Teachers strike on salaries have stayed on the same level for 10 year Read more

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