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Poland to pay over EUR 1 bln in subsidies to energy-intensive firms

The Polish government has adopted a PLN 5 billion (EUR 1.07 billion) programme of subsidies for sectors that consume excessive amounts of energy to protect them from soaring energy prices.

Nearly 15,000 firms shut down in Poland in August

More than 14,600 Polish companies were written off the official registry in August, up 6.9 percent compared to the previous month, the Central Statistical Office (GUS) has reported.

Government plans aid for firms affected by Odra crisis

The Polish government plans to offer financial support to businesses affected by the environmental disaster that hit the Odra, Poland's second largest river, the family and social policy minister has said.

State-owned firms may soon face additional tax says gov't spokesman

The Polish government is looking into ways of increasing the tax burden for state-owned companies that note stronger profits owing to rising prices of commodities, the government spokesperson has said.

‘Life-saving’ Olsztyn firm leading the way in global blockchain technology

The first of its kind project in the world saw Olsztyn-based firm SmartKey develop a system which gave emergency service vehicles access to gated communities and other restricted access areas.

Polish energy firms to set up wind farms on Baltic sea

Poland's biggest power group PGE and largest refiner PKN Orlen will set up wind farms in the Baltic Sea in cooperation with their foreign partners, the antimonopoly office UOKiK said on Friday.

Polish firms retain or raise workers’ wages during pandemic, study finds

The ‘Study of Polish Business’, commissioned by Kraków based accountancy firm inFakt, found that to ensure their post-pandemic 80 percent of small and micro-enterprises retained their current levels of pay, whilst just over one fifth of small firms decided to give pay-rises to their employees and 18 percent to increase their workforce.

Share of foreign-capital firms in Polish economy sets new record in 2019

The share of companies with foreign capital in Poland reached a record 37.1 percent in 2019, according to analysis by the Polish Economic Institute.

Polish firms to get funds under 2nd financial shield on Jan. 18

Polish firms afflicted by Covid-related restrictions should get money under the government's liquidity aid on January 18, the deputy prime minister and development and labour minister said on Friday.

Polish software firm tops ranking of EU's fastest developing firms

Packhelp, a Polish software company, took the top spot in the "Deloitte Technology Fast 50 Central Europe" ranking, which profiles the fastest growing technology companies in Central Europe.

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Politics | History | Life

Poland sparks Russian anger as it begins changing Kaliningrad road signs to Królewiec

Posting on Twitter, the Ministry of Infrastructure said: “The first signs are already leading to Królewiec. We have just started replacing the boards so that they have Polish name Królewiec, not Kaliningrad.

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Exclusive

Warsaw’s secret war against Moscow’s spies: Poland’s intelligence services have gone into overdrive to combat Putin’s covert assault

The arrest last week of a ‘dangerous’ spy network in Poland is the latest in the country’s secret war against Russian intelligence since Putin’s troops attacked Ukraine.

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