2009.07.02

Poland expecting more direct investment during the global crisis

Poland is one of the few places on the map of Europe, which offer investors  a safe haven in the time of crisis. Data concerning GDP for the first quarter of 2009 not only proves that Poland managed to avoid recession, but shows that the Polish economy has been growing. Paradoxically, Poles were helped by the global economic crisis.

2009.07.02

New chairman of PricewaterhouseCoopers in Poland

Olga Grygier – Siddons appointed as chairman of PwC in Poland; Andrew Friars steps in as a new Managing Partner for Advisory Division

2009.06.30

ASB Poland has moved to a new office

ASB Poland has moved to a new office in the Lumen office building, part of Złote Tarasy - a futuristic multi-use commercial complex comprising office space, retail space , a cinema, car parking, roof gardens and a stunning 10,250 m2 glass atrium.

2009.06.29

Weekly economic update 29 June - 5 July 2009

The beginning of last week brought deterioration in global markets sentiment under influence of first within last few weeks disappointing data (New York Fed index). However, later during the week moods improved amid better data releases (positive weekly statistics form the Us labour market, strong increase in Philly Fed index). A bunch of domestic economic data was dovish overall despite higher than consensus industrial production, mostly due to more significant than expected fall in CPI and PPI inflation measures, as well as low wage growth.

2009.06.29

Annual General Meeting (AGM) and election of BPCC Board 2009

2009.06.26

Deacons Australia to join Norton Rose Group

Creating one of the best resourced legal practices in Asia Pacific. International legal practice Norton Rose Group announced that Deacons Australia will join Norton Rose Group. The decision follows the completion of successful votes by the respective partnerships on 22 June 2009.  The new international legal practice will be called Norton Rose Group and will take effect from 1 January 2010.

2009.06.22

Weekly economic update 22 - 29 June 2009

The beginning of last week brought deterioration in global markets sentiment under influence of first within last few weeks disappointing data (New York Fed index). However, later during the week moods improved amid better data releases (positive weekly statistics form the Us labour market, strong increase in Philly Fed index).

2009.06.19

Open Outplacement Programme designed for individuals

Do you know that the fall in your team’s effectiveness resulting from redundancy can be higher than the cost of the outplacement?. We invite you to use our  Open Outplacement Programme  designed for individuals, delegated from different companies

2009.06.19

Why Poland?

At a time when the world is in economic crisis, Poland is still a good place to do business. Of all 27 member states of the EU, Poland showed the fastest pace of economic growth in the first quarter of 2009; up 1.9% on Q1 2008, according to Eurostat. Only three member states showed positive growth.

2009.06.18

Vegware biodegradeble cutlery sets wrapped in compostable NatureFlex film

Innovia Films’ biodegradable and compostable material, NatureFlex™ NE30, has been chosen to flow-wrap Vegware’s natural starch cutlery sets.

2009.06.18

New tenants in Galeria Pomorska, Bydgoszcz

Three brands: Ryłko (shoes), Bergson (sports) and Kopernik (producer of famous Toruń gingerbreads) have joined a group of tenants of Galeria Pomorska in Bydgoszcz. There are 100 shops of well known & popular brands such as: H&M, KappAhl, Reserved, Carry, Vero Moda, Empik, Smyk, Euro RTV AGD, Delta Sport, Douglas, Venezia, Camaieu and additional services (dry-cleaner, shoe & key repair, press, mobile phones, bank). Opening of the first two concepts has been scheduled for June. Bergson will open its shop with sport fashion & outdoor equipment in September.

2009.06.16

Chapman Taylor recognised for outstanding achievement in international trade

Chapman Taylor architects has been awarded a prestigious Queen’s Award for Enterprise in the International Trade category, the same year the practice celebrates its 50th anniversary.

2009.06.16

The zloty has never been stranger

During the working day, I have www.stooq.com open on my desktop, and I watch the fluctuations of the zloty against the pound, the euro and dollar. And what a roller-coaster it’s been. For the first four years and three months since Poland joined the European Union on 1 May 2004, the zloty was heading inexorably upwards. It gained 43% against the pound between February 2004 (all-time low of 7.35 PLN) and late July 2008 (all-time high of 4.04 PLN). As the zloty crossed the psychological four-to-the-pound barrier, Polish exporters were groaning. As it approached four (and indeed three to the euro), they were on the verge of going out of business. read more

2009.06.15

Weekly economic update 15 - 21 June 2009

The week after the long weekend will be full of important data releases and events. Apart from new domestic data, that may affect market expectations concerning MPC decisions, the market will pay attention to government’s work on the budget (on Monday, the cabinet will approve and publish assumptions for 2010 budget, work on 2009 budget amendment is also in progress).

2009.06.10

Engage with the public sector for the good of your business

Just as the global economy went pear-shaped, Poland starts receiving EU structural and cohesion funds in bountiful quantities. National and regional operational programmes for infrastructure, environmental protection, human capital, innovative economy and enterprise support total over €67 billion.Over the past 18 months or so, our members have detected the huge business opportunities offered by EU funded work. Much of this is related to the construction of new roads, water treatment plants, public buildings, bridges or airports. Getting public sector contracts at a time when the residential and retail property sectors are stagnant is a good way of tiding over your business until the economy turns up.   read more