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Unequal competition from Ukraine overwhelms Polish transporters

Unequal competition from Ukraine overwhelms Polish transporters

While a year ago it was mainly trading companies that were struggling under the weight of unreliable contractors, this time the situation is worst in transport. More than half of entrepreneurs already have clients who are over 60 days late in paying their invoices. Road freight transport has seen a ...

Beauty salons are drowning in debt

Beauty salons are drowning in debt

In 2023, almost 123,000 hairdressing and beauty salons in Poland were indebted, according to data from the BIG InfoMonitor debtor register and the BIK database. The debt of such companies increased by PLN 45 million during the year. At the end of last year, there were as many as 122.7 ...

Poland wants to increase exports to China

Poland wants to increase exports to China

A Polish-Chinese meeting took place in Warsaw, the main topic of which was cooperation in the agri-food sector. A meeting with the Chinese ambassador to Poland, Sun Linjiang, was held at the Ministry of Agriculture and Rural Development, during which the most important issues in the field of bilateral cooperation ...

Sketch of the image of Polish entrepreneurship - Polish Economy Forum

A sketch of the image of Polish entrepreneurship – Polish Economy Forum

It is constantly repeated that small and medium-sized entrepreneurs are the mainstay of Polish GDP, that their development should be supported and that they are so important for the economy. Unfortunately, the pace of development of the SME sector does not match the declarations. As it results from the Polityka ...

Small businesses can't cope

Small businesses can’t cope

In the past year alone, a trifle of about 600,000 companies have disappeared from the Polish economic map. We are talking about liquidated and suspended businesses. Theoretically, the effects of this economic paralysis should be leveled by the indicator of companies that have just appeared on the domestic market. Unfortunately, ...

Where does Polish food go and how much of it do we export?

Where does Polish food go and how much of it do we export?

In recent years, the importance of foreign trade in agri-food products has been growing steadily in relation to the total export from the country. In 2022, it was 13.8 percent of the “total”, and in 2023, it was already 14.7 percent. Moreover, only in the relation of 2022 and 2023, ...

Will the Polish beer market recover?

Will the Polish beer market recover?

Last year brought a 7% drop in sales for the brewing industry. While in 2018 Poles drank around 37 million hectoliters of beer, the first two years of the pandemic brought a drop of 2 million hectoliters. Interestingly, a drop of this size was also recorded in 2023, year-on-year. The ...

Poland should have its own brandy

Poland should have its own rakija

When going to the Balkans, it is worth bringing rakija with you. Grappa produced using traditional methods on Italian farms is a delicacy. Even Greek ouzo bought outside of liquor stores tastes different. Polish distillates in various versions are in no way inferior to the above drinks and as such ...

The SME sector must speak with one voice

The SME sector must speak with one voice

At the beginning of our conversation, let’s go back in time a bit. If you had the knowledge you have today six years ago about what the work of the SME ombudsman would look like, how officials would approach the Constitution for Business, etc., would you agree to become that ...

Payment backlogs are hitting the SME sector.  Could factoring be the solution?

Payment backlogs are hitting the SME sector. Could factoring be the solution?

According to the report on activities in 2023 published by the Office of Competition and Consumer Protection in April, the Office imposed fines on entities causing payment backlogs last year in the total amount of over PLN 41 million. This is four times more than in 2022. The highest fines, ...