The number of new job offers in Poland has fallen for the second month in a row, compared to the same period of 2021, a report has revealed. Grant Thornton’s and Element’s report, published on July 11, found 288,000 new job offers published on the 50 biggest recruitment websites in June, down by 8% YoY…
DCT Gdansk, the operator of the largest container terminal complex on the Baltic Sea, has signed a contract for the construction of the third deep-water terminal known as T3. The contract is signed with a consortium of Budimex S.A. and Dredging International NV. The works are to start in September, after the end of the…
Ukrainians in Poland will not take jobs away from Poles and could be a welcome addition to the domestic labour market, the family and social policy minister has said. Marlena Malag said Ukrainians were not a threat to the Polish labour market and could actually help stabilise the economy. She noted that around 300,000 Ukrainians,…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, increased the reference interest rate by 50 basis points, to 6.50% on July 7. The National Bank of Poland’s lombard rate was raised from 6.50% to 7.00%, the rediscount rate from 6.05% to 6.55% and the discount rate from 6.10% to 6.60%. At the…
Daikin, a Japanese heat pump and air conditioning company, will build a facility in Ksawerow, central Poland, for EUR 300 million. Mateusz Morawiecki, the Polish prime minister, attended an inauguration ceremony of Daikin’s investment on July 7. The Japanese conglomerate’s first Polish facility will be operational in July 2024. “We want Poland to be a…
As many as 94% of Polish companies have felt the negative effects of Russia’s war in Ukraine, a government think-tank has reported. According to a research carried out by the Polish Economic Institute (PIE), on July 1, 94% of Polish companies felt a “stronger or weaker” impact of the war in Ukraine on at least…
Poland’s estimated unemployment rate in June stood at 4.9% against 5.1% in May, a deputy family and social policy minister said on July 6. “We have one of the lowest unemployment rates in Europe, at 4.9%,” Stanislaw Szwed said. Economists polled by PAP expected the unemployment rate to drop to 5%. Close to 819,700 unemployed…