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Surprisingly high growth of industrial production
Surprisingly positive and clearly above analysts’ expectations were the industrial production data in September. According to the Central Statistical Office (GUS), the value of sold industrial production was 9.8 per cent higher than in the same period last year. Compared to the current month, the growth rate was only slightly lower....
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Nuclear power plants in Poland
4 gigawatts for 20 billion dollars According to Anna Moskwa, Minister of Climate and Environment, these are the key figures for Poland’s first nuclear power plant. The Polish government has now decided that it will be built using technology from the US power plant supplier Westinghouse. The planned site is...
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1 billion PLN for the expansion of the container port in Gdansk
The operator of the container port in Gdansk, DCT Gdansk Sp. z o.o., has signed a PLN 1 billion contract with a consortium led by Polish construction group Budimex for the expansion of the container port. With the construction of the third Baltic Hub 3 terminal, the Baltic port is...
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EU funds for 2021-2027
EUR 76 bln from EU funds for Poland in 2021-2027 In the years 2021-2027, Poland will receive EUR 76 bln from the European Union budget – EUR 72.2 bln from cohesion policy and EUR 3.8 bln from the Equitable Transition Fund. These funds will be used for investments in the...
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Foreign trade turnover of goods in total and by countries in January-July 2021
In January-July 2021, exports in Poland increased by 26.0% and imports by 27.8% compared to the same period in 2020. According to the Polish CSO, “foreign trade goods turnover amounted to PLN 726.9 billion in exports and PLN 712.7 billion in imports in current prices. The positive balance was at...
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Average salary growth within 24 months
In August, the average gross salary in Poland calculated by the Central Statistical Office was 5840 PLN (about 1300 euro). However, this data is based only on information from companies with more than 10 employees. It is also only an average value and not – as it usually happens in...
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Restrictions on foreigners entering Poland
The government has decided to extend the restrictions on foreigners entering Poland. Originally the restrictions were to be in force until the end of the summer vacations, but the latest amendment to the Regulation extended them by another month – until September 30, 2021. Below we remind you of the...
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Industrial production in Poland continues to grow
Industrial production in Poland continues to grow. CIS reported growth of 29.8 percent in May compared to the same month of the previous year. Compared to the previous month of April (44.5 percent increase), it was slightly lower at 0.8 percent. As in April, the high growth in May was...
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“Invest in Poland” – Your Guide to Success
Here is your getsix® 2020 Tax Brochure! This brochure really has two objectives – it can be a guide for your existing business in Poland giving you an excellent overview to possibly help with decisions or queries, and of course, which is no surprise, you might be considering a business...
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getsix® | German-Polish Chamber of Commerce (AHK Poland) has published a German-language ‘Economic Profile Poland’
The German-Polish Chamber of Industry and Commerce (AHK Poland) has for the first time published a German-language ‘Economic Profile Poland’, which provides answers from A to Z. Over 36 pages it is very descriptive and provides the most important numbers, facts and background information regarding the Polish market. The ‘Economic...
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