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German daily newspapers report that it started to cloud over Polish economy, which had recently begun to shrink. They compare today’s recession with the crisis of 2009 and claim that the situation today is even worse than it was. According to today’s German daily newspaper Handelsblatt – the country, thought to be the economy engine, does not produce anymore steam. Poland, being the only European Union county which was not affected by the world crisis in 2009, is apparently losing the economy burst. According to the data from Central Statistical Office – the GDP of the third quarter of this year increased in no more that 0,4 percent in comparison to the previous quarter. It was not so bad even in critical 2009 – during the world economy crisis. During the downturn, when all EU countries were in recession, Polish GDP increased in 1,7 percent. The daily reports that according to the Central Statistical Office the situation is getting even worse due to significant reduction in domestic demand that used to be a driving factor for economic growth in Poland, which rate was immensely higher than the average one in EU. In the meantime, according to media reports, the majority of Poles are afraid of upcoming crisis , save up and drastically cut expenditures. As stated in an article published in Financial Times Deutschland, the fact that quantity of foreign orders and employment increased in comparison with the previous month – will not have a notable impact on the existing situation.
The Polska Agencja Inwestycji i Handlu (PAIH) and the Polish Chamber of Agricultural Machinery and Equipment (PIGMiUR) have signed a cooperation agreement aimed at strengthening the international promotion of Poland’s agricultural machinery sector. The partnership formalizes and expands the organizations’ existing collaboration in supporting Polish manufacturers and exporters.
czytaj więcejThe Polska Agencja Inwestycji i Handlu (PAIH), together with the Ministry of Climate and Environment and the Embassy of the Republic of Poland in Mexico, is supporting Polish companies from the green technology sector in expanding into the Mexican market. As part of the GreenEvo – Green Technology Accelerator programme, the institutions have organized a business mission combined with participation in the Aquatech Mexico and Intersolar Mexico trade fairs. Fourteen Polish companies are taking part in the mission.
czytaj więcejA new Uzbek textile and trade hub has officially opened in Łódź, marking an important step in the growing economic partnership between Poland and Uzbekistan. The project is expected to strengthen Poland’s position as a key logistics gateway connecting Central Asia with the European Union while creating new opportunities for trade, investment, and business cooperation between companies from both countries.
czytaj więcejPoland is taking another step toward strengthening its industrial role in the country’s energy transformation. ZKS Ferrum, a company within the Ferrum Group and backed by the Polish Development Fund (PFR), has secured long-term rights to a strategic site at the Indian Quay in the Port of Gdynia. The agreement opens the door to significant investments that could increase the participation of Polish manufacturers in offshore wind and nuclear energy projects.
czytaj więcejHow can Poland transform its economic success into lasting international influence? This was one of the key questions discussed during the Polish Economic Congress, where business leaders, policymakers, and development institutions examined how to strengthen the country's global reputation and competitiveness. According to representatives of the Polish Development Fund (PFR), building a strong national brand requires more than marketing—it depends on creating successful companies capable of competing on international markets.
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