News

Changes to regulations on short-term employment of foreigners

On Thursday, amendments to the act on promoting employment and labour market institutions were adopted. 25 MPs were in favour of the act, which projects, among other things, introduction of a fee for registering employer declarations on the need to employ foreigners (30 PLN). The goal of introducing the fee is reducing abuses of law and providing financing that is to be used by starostes to perform the task. Thanks to that, customer service at poviat job offices is to become more efficient. &nb Read more

Internet piracy costs Polish economy as much as 3 billion PLN a year

Every other Polish internet user aged 15-75 uses illegal online sources. According to an analysis of Deloitte, the total losses Polish economy incurs due to online piracy last year were over 3 billion PLN, while State Treasury losses were estimated at approximately 836 million PLN.   Despite growing accessibility of legal online content, internet users keep choosing illegal sources due to lower prices. The problem is also the fact that there has been no intensified legislative action rega Read more

Computer virus shakes up European enterprises

A massive hacker attack disrupted Europe, threating entrepreneurs all across the continent and causing trouble for many businesses. A ransomware Petya virus spread through IT networks like wildfire, freezing computers and demanding a 300-bitcoin payment from those wishing to regain access to their files. The attack started in Ukraine and that was the country where it caused most damage. Some Polish enterprises also fell victim to the malicious software.   The virus attacked Ukrainian bank Read more

Changes at the Warsaw Stock Exchange

The Warsaw Stock Exchange has recently got a new management board and supervisory board. During corridor talks, people discussed who would be the president of the state company. Jarosław Grzywiński, a lawyer delegated by the supervisory board to temporarily manage the company, expressed hopes to keep the position. A moment later Marek Dietl, a doctor of economics from Krakow announced his candidacy, and it is he who on 16 June was appointed by the general shareholders’ meeting of WSE to serv Read more

Companies will have to disclose information on their income

The government plans to introduce new regulations imposing additional reporting obligation on Polish companies. The upcoming amendments are connected with the provisions of corporate income tax and most probably will affect, at least initially, the biggest Polish companies (in terms of accrued revenue) as well as capital groups. Officials point to the examples of Denmark and Sweden as inspiration for the new law, as well as OECD guidelines for international companies. Lawmakers want the biggest Read more

Protest of taxi drivers in several biggest Polish cities

Taxi drivers blocked traffic in several biggest cities to persuade the government to take actions that would hinder illegal carriers. As Jarosław Iglikowski, the president of Warsaw Taxi Driver union explains, the state is protecting criminals instead of honest entrepreneurs. Vehicles driven by taxi drivers went to the streets at 7:30 a.m. and ended their protest at 1:00 p.m. At the end of the drive, the major institutions and ministries were to receive their petitions.   One of the cont Read more
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