Section: Warsaw Business Journal (Poland)
Poland has to accept 5 mln immigrants for the sake of GDP
If Poland wants to maintain the current pace of development, taking into account the current demographic trends, it needs to take in five million immigrants by 2050, the Association of Entrepreneurs and Employers ( ZPP) said. “Various forecasts – including the National Population Council – estimate that in order to maintain the current level of...
Poland advances in transparency ranking
Poland ranked 30th in a report on the government transparency level published by Transparency International, thus it recorded a five spot advance compared with the previous edition. Denmark came in first among 168 countries included in the analysis. When it comes to the CEE region, only Estonia performed better than Poland (23rd place). The...
Ukraine ambassador rejects PM’s claim about refugees
Ukraine’s ambassador to Poland, Andriy Deshchytsia, referred to a claim by Prime Minister Beata Szydło, who said at a debate in the European Parliament that Poland has accepted around a million refugees from Ukraine, saying that they were not refugees, but “economic migrants.” “Taking into account the number of visas in previous years, and...
Szałamacha: Poland will continue cooperating with Weimar Triangle
The Finance Minister Paweł Szałamacha declared that Poland will continue its cooperation with Germany and France as part of the Weimar Triangle – a trilateral grouping created for the exchange of ideas. He also appealed for increased support for Ukraine. “We wish to continue this cooperation and dialogue with the Federal Republic of Germany and...
Watch this space
A high supply of office space will likely keep Warsaw rents low for the foreseeable future, but unusually for Poland nobody seems to be complaining By Alex Hyes In 2013, Piotr Gromniak, the president of the board of Echo Investment stated “We are starting the construction of the tallest and the largest project in the history of Echo Investment....
Concerned like a Polish entrepreneur
No capital, high debt repayments, too few orders, low demand, a poorly qualified workforce or simply inadequate infrastructure? Which of these factors could possibly be causing the pessimism of small and medium business owners in Poland? The answer? None of them. The greatest hindrance to business development is bureaucracy and an erratic legal...
Ready for luxury?
As the number of Poles who can afford luxury apartments increases, Sotheby’s International Realty has decided to enter the market. Are Poles interested in upmarket properties? by Beata Socha 45,000 The number of Poles with net worth of over $1 million The value of the luxury residential market in Poland stands at a little below PLN 1...
Looking for diversification
Zbigniew Prokopowicz, president of the board, Polenergiainterview by Kamila Wajszczuk Polenergia, a company from the Kulczyk Investment group, has ambitious plans not only in the wind energy sector What were the reasons behind the decision to merge Polenergia with Polish Energy Partners with the participation of CEE Equity Partners? Zbigniew...
Prepped and ready
Tomasz Siemoniak, Minister of Defense, talks with WBJ Observer about Poland’s military at a time of crisis in ukraine and aggressive movements of Russia Interview by Ewa Boniecka WBJ Observer: How is Poland prepared to respond to the dangerous situation close to our borders following the Russian aggression in Ukraine? Tomasz Siemoniak: Very...
All in one
In 1918, Leon Koffler came to Canada from Romania. At 47, he left two pharmacies to his son, who then lost one of them due to bad investment advice. Now, after cashing out from the Shoppers Drug Mart chain in Canada, the Koffler family operates a fast-growing chain of “3-in-1” drug stores in Poland, Israel and China. In an exclusive interview...
