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JP Morgan Chase Likely To Move To Warsaw

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JP Morgan Chase is looking for a place for their new operations center. Although the big news has not yet been officially confirmed, it appears that one of the biggest financial corporations in the world chose Warsaw as the seat for their new premises. The news came from the Reuters agency in the last week of April. The reporters quote three anonymous sources who are almost certain that the bank’s representatives are keen to set up the institution’s new back office in the capital of Poland. Read more

Samsung Electronics opens an incubation lab in Rzeszów

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Samsung Electronics, a South Korean electronics company, opened a lab for Polish start-ups. Samsung Incubator area is located in Rzeszów, the largest city of the Subcarpathian (podkarpackie) voivodship, within the premises of the Rzeszów University of Technology. The place will offer support, advice, and tools for young entrepreneurs interested in developing innovations in the field of the Internet of Things. These include ideas connected with wearable technology and smart home solutions. Pol Read more

GDP growth at 3.9% in 2020, says the government

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The Council of Ministers revealed its predictions with regard to the economy of Poland in the upcoming three years. The presumptions will be used to prepare the State’s Multiannual Financial Plan for the years 2017-2020 and an update of the country’s convergence programme. The government’s outlook is positive.   The Multiannual Financial Plan is the foundation upon which the budget act is constructed. It presents the country’s macroeconomic assumptions for three consecutive years. Read more

2017 Hannover Messe Partner Country is Poland

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Hannover Messe is one of, if not the most, important trade fairs in the world. This year’s edition of the show takes place from 24th to 28th of April 2017. This time, the organisers selected Poland as the event’s Partner Country. Among the numerous guests and visitors were members of Poland’s Council of Ministers, with Prime Minister Beata Szydło leading the way.   Hannover’s most famous event is organised annually from 1947. During the 2016 show, it welcome Read more

2016: Poland is one of the biggest EU economies

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Eurostat, EU’s statistical body, revealed GDP figures for 2016. Among the biggest contributors to the European Community’s economy is Poland. The country took the 8th spot on the list, alongside such states as Sweden (7th) and Belgium (9th). The biggest EU economy is Germany, while the ranking is closed by Malta.   Last year, Polish economy generated 2.9 percent of the total GDP in the European Union. In comparison, Germany, the country with the most r Read more

Deliveries under the watchful eye of fiscal authorities

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The Ministry of Finance launched yet another weapon targeted at companies involved in tax schemes. Movements of certain goods, such as denatured alcohol, liquid fuel and dried tobacco, will be subject to mandatory registration and tracking. All such deliveries are to be reported online. The new online tracking system will allow tax authorities to efficiently and effortlessly monitor and verify whether a given shipment is carried out lawfully.   The government is expecting the new regulati Read more
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