Wind Energy Strikes a New Record

Posted on March 26, 2018October 20, 2023 by admin

Power Market Energy has recently published 2017 data on the energy generated by wind energy in Poland. The numbers were better than expected. Polish wind farms produced 14,9 TWh of green energy, which sets a new record for renewable energy production from wind energy in Poland. The power generated in 2016, i.e. one year ago, was 12,6 TWh. Even though “green” energy in Poland is not of considerable Read more

Ukrainians Fill in Employee Gaps in Poland

Posted on March 23, 2018October 20, 2023 by admin

Two to three thousand people – that, according to the predictions of the National Bank of Poland, is the annual number of Ukrainian citizens who will arrive in Poland in the upcoming years. Today, our country hosts over a million Ukrainian men and women who look for work opportunities and a new life. Jacek Kotłowski from the Economic Analyses division of NBP said a growth of 200-300 thousand per year is the most probable scenario. Workers from other countries are welcome by numerous Read more

OECD on Poland’s Economic Growth

Posted on March 23, 2018October 20, 2023 by admin

Organization for Economic Co-operation and Development (OECD) published findings of its 2018 economic survey on Poland. In the document, the organisation looks at the country’s economic status and development in such areas as investment, labour market, state deficit and overall GDP performance. The result is an overview of the current condition of Poland in terms of the state economy and the likely positive and negative outcomes of the current state of affairs. The intergovernmental organisat Read more

Ideas For A New Labour Code Met With Criticism

Posted on March 16, 2018October 20, 2023 by admin

The Codification Committee, a government body entrusted with the task of preparing a first draft of an entirely new Labour Code, the regulation which affects all employers and employees in Poland, finished its work this week. Even though the project is the first step to introducing a whole new labour code, the Committee did not disclose the results of their year-long work. The public has to wait for state off Read more

Ministry Says No VAT Tax Returns

Posted on March 12, 2018October 20, 2023 by admin

Polish Ministry of Finance officially confirmed they are working on the complete disposal of VAT tax returns. The tax returns, prepared by all value-added taxpayers, document all taxable transactions of a given company in a given reporting period. Businesses in Poland, apart from numerous other compliance duties, are under obligation to submit VAT tax returns on a monthly basis. Canceling the legal requirement Read more

World Bank: Poland Became a High-Income Country Faster Than Any Other State

Posted on March 09, 2018October 20, 2023 by admin

World Bank released an economic growth report which reflects Poland on top as the high-income country in the EU. In their Growing United: Upgrading Europe’s Convergence Machine report, World Bank experts Cristobal Ridao-Cano and Christian Bodewig reflect on how the European Union had a huge impact on member states’ economic growth and Eastern European states transitioning their status from the category of low to high-income country status. Poland has been set out as an example of a Read more

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