Amendments to the Polish Labour Code in 2016

Posted on September 12, 2016 by admin

In 2016 numerous new provisions of Polish Labour Code came into force. The key changes in the Labour Code in 2016 concern fixed-term employment contracts as well as concluding employment contracts. Amendments to the regulations introduce new rules of employment based on a fixed-term employment contract. The employer will be able to conclude only three such contracts with an employee for the maximum period of 33 months. Notice periods will also be changed. Up until now, the limi Read more

The growth rate of the quality of life in Poland is increasing. The standard of living of Poles is growing faster than that of the wealthier economies.

Posted on September 08, 2016 by admin

In the latest edition of the Boston Consulting Group report, which is prepared from 10 years, Poland reached a relatively high, 30^th position out of 162 encompassed countries. This means that when it comes to quality of life, we are right behind Spain, and right before… Italy which came in at 31^st. This is the first report in which the Republic of Poland succeeded in catching up with not only the south European countries struggling with crisis, but also some “Old Union� Read more

Poland issues „Pandas” as the first country in Europe. The bonds get a lot of investor interest.

Posted on September 05, 2016 by admin

Polish Ministry of Finance signed a memorandum on cooperation with the People’s Bank of China, regarding issuing of Panda bonds in the total amount of 3 billion yuan. They will be issued to the market within 3 years, thanks to which Poland will be the first country from Europe that will offer such financial product on the Chinese market. Economists are of the opinion that as the pace of opening of the Chinese banking sector and internationalization of Chinese currency – RMB - increases, issu Read more

Revolution on the LPG market

Posted on September 01, 2016 by admin

Due to the amendments sealing the fuel market, the whole industry froze in terror. LPG prices from the beginning of holidays increased by as much as 0.20 PLN per litre, and only in the recent week by 0.06 PLN. Analysts uniformly agree it is nearly certain next week prices will also rise. Recently, the LPG industry froze in terror. All because of the amendments to the energy law passed through the Sejm and already signed by the President. The new regulations will come into force as soon Read more

The first effects of 500+: revived market, increased profits and sales in many industries

Posted on August 29, 2016 by admin

The programme of state aid for Polish families has just started but its first effects are already here: Poles buy more equipment, goods, and visit shopping centres more often. The Family 500 plus programme is a systemic support for Polish families. According to the project, aid is available for parents and guardians of children up to 18 years old. A family with two underage children will be able to receive 500 PLN for the second and further child regardless of their income. For families Read more

Substantial revival in Polish tourism

Posted on August 25, 2016 by admin

Experts from Polish Chamber of Tourism indicate increased tourism rates both in Polish mountains and at the seaside. The boom in domestic tourism is to be reflected in the GDP figures for the third quarter. Tourism in Pieniny mountain range truly thrives. The increase in the number of tourists is reported to be as high as 30 000, while comparing year to year the increase of the number of tourists is estimated at around 15 percent. An interesting case seems to be the gorge of Dunajec – Read more

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