The rise of the rich

By Beata Socha Source: Warsaw Business Journal, Number 02/03 (50), February/March 2019 The luxury goods market is doing great, record­ing constant double-digit growth. Cars, clothes and real estate are the top three largest luxury segments. Still, the share of the really wealthy remains one of the lowest in Europe. The luxury goods market [...]

2019-04-15T18:50:11+02:00

Demand for premium on the up

Interview by Anna Rzhevkina Source: Warsaw Business Journal, Number 02/03 (50), February/March 2019 In Poland, alcohol traditionally means vodka and beer. However, ordering a glass of wine in a restaurant or buying a bottle for a special occasion is becoming more and more popular. Not only is consumption growing, but more Poles are [...]

2019-03-26T10:44:50+02:00

Will EU greener norms lead to an electric car boom?

By Anna Rzhevkina Source: Warsaw Business Journal, Number 11/12 (49), November/December 2018 Ahead of the United Nation Climate Change Conference (COP 24) scheduled in December in the Polish city of Katowice, the EU has decided to tighten CO2 emission standards for cars and light commercial vehicles. The decision, pushing for development of low-emission vehicles, has raised [...]

2019-02-21T11:02:40+02:00

Discounts on the up

By Sergiusz Prokurat Source: Warsaw Business Journal, Number 11/12 (49), November/December 2018 Over 50 years ago, the founder of Walmart, Sam Walton, coined the motto: “Low prices every day.” Not only has it maintained its topicality, but it has also become a slogan used by the largest discount chain in Central Europe – [...]

2019-01-24T10:34:10+02:00

Devouring more space

By Adam Zdrodowski Source: Warsaw Business Journal, Number 11/12 (49), November/December 2018 The restaurant areas of shopping centers around the world have been expanding in recent years. The latest developments in Poland’s malls increasingly reflect the global trend. Shopping center owner, manager and devel­oper Atrium Group last month opened a new restaurant [...]

2018-12-18T11:53:16+02:00

Small stores at risk amid Sunday trade ban

By Anna Rzhevkina Source: Warsaw Business Journal, Number 11/12 (49), November/December 2018 The Sunday trade ban introduced in March has reshuffled the retail market in Poland. The idea behind the ban initiated by Polish Trade Union Solidarność was to give workers some more time with their families and to support small stores. However, [...]

2018-11-22T12:56:16+02:00

Being your own boss

By Sergiusz Prokurat Source: Warsaw Business Journal, Number 10 (48), October 2018 Journalist, dentist, lawyer, notary, translator, architect, business coach, photographer, psychologist. Many of these professionals opt against working the traditional nine-to-five. Very often they do not even want to work full time. And the economy is in their favor. They can render [...]

2018-10-25T10:05:18+02:00

A developed country, but how rich?

By Sergiusz Prokurat Source: Warsaw Business Journal, Number 08/09 (47), August/September 2018 Starting in September 2018, Poland will become the first country from Central and Eastern Eu­rope to be included in the exclusive group of 25 developed markets, according to FTSE Russell. What does this mean for our economy and capital markets and [...]

2018-09-25T11:02:33+02:00