Labour Minister Marlena Malag on Tuesday said that under all forms of the anti-crisis shields Poland earmarked PLN 142 billion (EUR 37.2 billion) to help companies struggling with the coronavirus-linked crisis.
The research compiled by British analysts NimbleFins collated data from sources such as the OECD, World bank, Eurostat and the World Economic Forum.
The employment situation is improving with one in five small companies in Poland (over 17 pct) planning to take on staff, according to the August edition of the 'CoronaBalance SME' survey. In the previous edition, such declarations were made by 14.8 pct of SMEs.
Polish companies decreased their investment spending by 6.1 percent year on year in the first half of 2020 to PLN 61.5 billion (EUR 14 billion), the Central Statistical Office (GUS) reported on Monday.
From retail sales to exports and GDP growth, across the board Poland’s economy is holding strong.
A host of Polish firms are helping spread green technology around the world.
Increasingly more Polish companies are resuming business after the coronavirus epidemic-caused closedowns, the Development Ministry informed on Tuesday quoting the national CEIDG company register.
The European Commission has approved a PLN 545 million (EUR 123 million) Polish scheme to support companies affected by the coronavirus outbreak.
Prime Minister Mateusz Morawiecki told a Saturday press conference in Gdynia, northern Poland, that Polish companies and institutions should take advantage of Polish products and Polish technology.
As many as 83 percent of Polish companies plan for employment to remain unchanged despite the coronavirus epidemic, according to the latest research by the state-owned Polish Development Fund (PFR) and the government advisory body, the Polish Economic Institute (PIE).