Seven out of ten production workers change employer because of salary

Subdued currency movement and slight increase in debt yields predicted

3 days ago · The OECD forecasts Poland's GDP to grow by 3.4% in 2025 and 3.0% in 2026, with average annual inflation (CPI) at 5.0% and 3.9%, respectively. The economy is expected to continue recovering as inflation declines, though excess production capacity remains. Core inflation is expected to gradually decrease as labor market pressure and wage growth slow. Private consumption will rise, supported by ...

3 days ago · According to a Smart Solutions report, Ukrainians remain the largest group of foreign workers in Poland, but their share is gradually declining. Meanwhile, the number of Colombian workers has surged, with a 352% increase in work permits between 2023 and 2024. Over the past few years, the Colombian population in Poland has grown nearly 50-fold, and in 2024, 3,000 Colombians received residence ...

Warsaw Business Journal is Poland’s leading English-language business magazine, targeted at readers including top managers and decision-makers in the country. We cover news and provide in-depth analyses of trends in such areas as the Polish economy, finance, law, technology, real estate and much ...

3 days ago · According to the OECD report on Poland, monetary policy should remain restrictive, with rate cuts possible only when inflationary pressure and economic slack decline. Economists suggest a gradual reduction in interest rates as inflation stabilizes. A strong currency has helped curb inflation, and producer price index (PPI) data indicates low goods inflation. However, service inflation remains ...

Oct 28, 2024 · Deputy Prime Minister and Minister of Digital Affairs, Krzysztof Gawkowski, unveiled the "Digitalization Strategy for Poland," a ten-year plan aiming for over PLN 100 billion in digital spending by 2030. The strategy, currently open for public consultation, envisions that by 2035, 5% of Poland's GDP will be dedicated to digital governance. Key goals include providing all citizens with digital ...

Dec 8, 2024 · The Sejm approved the 2025 state budget with 232 votes in favor and 207 against. The draft now moves to the Senate for review. The budget includes a record deficit of PLN 289 billion, with revenues of PLN 632.6 billion and expenditures over PLN 921.6 billion. The government forecasts GDP growth of 3.9 percent, inflation at 5 percent, and a 7 percent wage increase, including a 5 percent raise ...

Jan 22, 2025 · The expansion of the Świnoujście LNG terminal, a crucial investment for Poland's energy security, is now complete. This facility can now process 8.3 billion m³ of gas annually, nearly half of Poland's natural gas demand. The project, spanning two decades and involving seven consecutive governments, increased the terminal's regasification capacity and added new functionalities. The expansion ...

Redefine Properties and Griffin Capital Partners formed a JV to acquire Stokado