The former owner of Yodel attempted to prevent the Polish logistics company InPost from acquiring the British courier. Initially, the UK Supreme Court rejected his claims. Now, in proceedings brought by Yodel’s new management, it has emerged that the businessman used forged documents intended to support his arguments.
Philippe Meunier, vice-president of the Auvergne–Rhône-Alpes region, visited Warsaw with a delegation of 15 companies to discuss cooperation in nuclear energy and other industrial sectors. In a debate on the role of regions in Europe’s reindustrialization, the message was unequivocal: without active government involvement and protection against unfair competition, Europe will not rebuild its position.
“The two largest parts of our business – the beverage and alcohol segments – are currently facing volume declines. It will be very difficult to replicate last year’s results, even taking into account the effect of our acquisition of the Romanian company Purcari Wineries. However, my long-term goal is for the Maspex Group to achieve sustainable growth. At our scale, even modest growth from PLN 16 billion (EUR 3.8bn) in revenue represents huge sums, comparable to the size of an average independent company,” says Krzysztof Pawiński, CEO of the Maspex Group.
The prime ministers of Poland, Bulgaria, Czechia, Slovakia, Hungary, and Italy have sent a letter to Ursula von der Leyen, president of the European Commission, urging a more pragmatic approach to the implementation of decarbonization rules. They point to the need to move away from ideological dogmatism that undermines the competitiveness of the automotive industry
The fashion group’s valuation surged sixfold in just over a year to nearly PLN 20 billion (approx. EUR 4.6 billion), only to lose half of that in seven months. The main beneficiary was a foreign entity that shorted the stock and publicly accused the company of fraud -while everyone else took the hit. CCC still feels under attack and continues to struggle with building trust among foreign investors. “Our advisers warned us that short sellers would ‘keep tugging,’” says Łukasz Stelmach, the company’s vice president.
Almost EUR 44 billion will flow to Poland from European funds earmarked for joint defense against the Russian threat. How much of that money will reach Poland’s defense industry - and what share will go to private firms? How was the list of 139 projects submitted to Brussels assembled? What does cooperation with Ukraine look like in practice? These are the questions addressed by Magdalena Sobkowiak-Czarnecka, the government’s plenipotentiary responsible for the SAFE program, who stresses that she is “not a one-month envoy.”
Rafał Brzoska, founder and CEO of InPost, is signalling a serious push into sovereign artificial intelligence in Poland. “I am prepared to invest up to EUR 100 million (roughly PLN 480 million) of private capital in a Polish AI gigafactory,” he told XYZ.pl.
Iceye, the Helsinki-based space-tech startup founded by Polish entrepreneur Rafał Modrzewski, has closed a €200 million funding round, drawing a mix of international and domestic investors. Notable backers include General Catalyst, the Polish fund Vinci, and Rafał Brzoska’s RiO Family Office.
In a market where consumer electronics are losing their sparkle, one Polish retailer is defying the trend. Media Expert has turned a shrinking sector into a growth story, quadrupling revenues and quintupled operating profits over seven years.
Poland's largest urban mining company, i.e. metal recovery from recycling, faces several challenges. A huge investment is underway in Zawiercie, on which the future of the group depends. If the project is successful, revenues could reach as much as USD 5 billion within five years.