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Polish Companies on International Markets

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The volume of sales of goods manufactured by Polish companies to foreign countries is continually growing. This is the third year in a row with a surplus of exports over imports. Most Polish enterprises enter the international market with typical commercial exchange. Some of them undertake more advanced forms of cooperation, such as subcontracting, cooperation within B+R or joint venture. To keep up wit Read more

New law will target late payers

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The Ministry of Finance together with the Ministry of Development are working on new regulations that, in their view, will significantly improve the condition of numerous Polish enterprises. The recently prepared bill on “amendments to certain acts for the purpose of introducing facilitations for entrepreneurs in fiscal and commercial law” focuses on the issue of payment delays and companies that do not pay their dues on time.   Invoices that are settled way past their due date consti Read more

Ministry Wants Cashless Payments to Become Obligatory

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Polish Ministry of Development want cashless payments to become prevalent. Even though a vast majority of Poles own one or more payment cards issued by their banks, government experts would like to see them use their cards more. Although in most stores and shops, especially big ones, accepting card payments is common practice, there are still places where paying for goods or services without cash in your wallet is impossible. Some of those are public institutions. Usually they do not accept cas Read more

President of Poland Awards Best Companies

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Andrzej Duda, the current President of Poland, put the spotlight on the most interesting Polish enterprises as he presented them with the President of Poland’s Economic Awards during an official gala. The event was a highlight of the second edition of 590 Congress which took place in Jasionka near Rzeszów. The congress was an occasion for politicians and economic experts to debate on the future, opportunities, and challenges the Read more

Miele will open a factory in Poland

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Miele, a German manufacturer of domestic appliances has announced it plans to build a new manufacturing plant in Poland. The factory will be situated in a special economic zone in Ksawerów commune near Łódź. Companies that want to invest in special economic zones need to obtain a special licence first. Miele has just been granted such licence and thus got a green light for starting the endeavour.   The main purpose of the factory will be manufacturing of washing machines. Launch of it Read more

The Government Finishes Work on Constitution for Business

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Polish government has put final touches on the much-hyped Constitution for Business – a package of five drafts of legal acts that are to make doing business in Poland easier, especially for micro and small enterprises. The legislators from the Ministry of Finance have been working on the package for an entire year. Now, Constitution for Business got approved by the cabinet of Polish Prime Minister Beata Szydło. This means the new bills may be presented to and discussed in the parliament. It i Read more
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