NEWS FROM POLAND

News from Poland

19
Aug

Polish entrepreneurs will find it easier to gain financial EU support.

The amendment of the Implementation Act is intended to facilitate the use of EU grants. New regulations simplify the process of applying for funding and reduce red tape. They also form the institution of the Ombudsman for European Funds, which will take care of the interests of beneficiaries of EU funds. The change will benefit mainly from local governments and entrepreneurs who make the most use of EU funds.

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17
Aug

Poles drive the import of goods.

Poles buy more goods from other countries than they sell them. Dynamic import growth is a result of improved financial standing of customers. Although in recent weeks strong zloty was not favorable for Polish exporters, this does not mean that their expansion into foreign markets is weakening.

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15
Aug

Growing trend in investing in Polish real estate.

From one year to another we can observe increased traffic on the real estate market in Poland. In large and small cities, there are many real estate development projects, free scraps of land are gradually being filled with new houses, mixed housing estates with apartments and commercial buildings.

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14
Aug

Steady increase of foreigners doing active business in Poland.

Year after year, the immigration wave intensifies, not only people looking for a job in Poland but as well the number of companies run by foreigners is increasing.

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11
Aug

Qatar abolishes visa … The land of rich sheikhs invites tourists.

The richest country in the world has announced the immediate abolition of visas for citizens of 80 countries, including Poles. This is to encourage tourists to use air transport and visit the emirate, which was more than two months ago blocked by the Arab Gulf countries.

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09
Aug

Experts advise: The most profitable is export outside the EU.

The Agricultural Market Agency encourages Polish food producers to promote and sell their products outside the European Union. Today, further markets are only a supplement to the export offer for most segments of the food industry. Meanwhile, the distant partners offer the best trade margins.

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08
Aug

Western people interested in working and living in Poland.

Poland is constantly increasing the attractiveness of the labour market in the European Union arena, which raises growing interest of Western neighbours. Over 21,000 foreigners from the West work legally in Poland – that’s 30% more than in 2014. Some young Frenchmen, Spaniards, Italians and Portuguese even admit that they live better than in their homeland.

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07
Aug

More and more foreigners from outside the EU applying for residence permit in Poland.

More than 100 thousand people applied for residence permits in Poland this year. For comparison, in the whole year 2015, 108 thousand applications were submitted.In a comparable period – in the first seven months of 2016, applications for residence permits were made by 73,000 immigrants, and in the same period in 2015 by 55,000.

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06
Aug

Dividend and share repurchase – returning cash to the company’s owners.

The beginning of the 21-st century has brought about profound and lasting changes in the architecture of the global economy. One of the symptoms is the growing pressure on the part of investors/shareholders for a regular, high return of cash to company owners. At least five important causes of this situation may be listed:

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04
Aug

The number of millionaires in Poland is constantly growing.

More than 20 thousand people declared more than one million zlotys in taxation last year. This represents an increase of 5 percent. Most of Polish millionaires  came among people who carry out business activities and settle according to the 19% PIT rate.

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