Economy of Poland 2024 | Macroeconomics, Investment, Development

Despite areas of instability in Poland's environment, such as low GDP levels in the European Union, geostrategic conflicts and political uncertainty in the US, Polish GDP is expected to grow to 2.3-2.8 per cent in 2024 and to 3.5-4.1 per cent in 2025. However, due to the low level of investment, slower absorption of EU funds and higher inflation, the Polish economy will not reach the previously predicted growth potential. A key role in the development of GDP is played by the use of EU funds to accelerate economic growth, particularly through their distribution to the private and local government sectors through public financial institutions such as BGK, PFR, ARP, PARP and NCBiR. They are to support the implementation of the National Recovery Plan and the further absorption of EU funds. This should significantly contribute to the growth of investment in Poland. Cooperation with the Banking Sector and Cooperative Banks is essential for the effective use of EU funds and the achievement of economic goals, including energy, climate and digital transformation. Faster and efficient use of NRP funds is crucial when it comes to preparing the economy for the future challenges facing Poland. 🎯📈🚀
Kluczową rolę w rozwoju PKB odgrywa wykorzystanie funduszy unijnych do akceleracji wzrostu gospodarczego, szczególnie poprzez ich dystrybucję do sektora prywatnego i samorządowego poprzez publiczne instytucje finansowe, takie jak BGK, PFR, ARP, PARP i NCBiR. Wspierać mają one realizację Krajowego Planu Odbudowy oraz dalszą absorbuje funduszy UE. Powinno to w znacznym stopniu przyczynić się do wzrostu inwestycji w Polsce.
Współpraca z Sektorem Bankowym i Bankami Spółdzielczymi jest niezbędna do skutecznego wykorzystania funduszy unijnych i osiągnięcia celów gospodarczych, w tym transformacji energetycznej, klimatycznej i cyfrowej. Szybsze i efektywne wykorzystanie środków z KPO jest kluczowe jeśli idzie o przygotowanie gospodarki do przyszłych wyzwań stojących przed Polską.  🎯📈🚀

Gaming - growth potential in times of turbulence

Gaming remains a thriving industry in the digital economy both in Poland and globally. Covid has driven dynamic and operational growth in this area, with multiple IPOs, M&As worldwide. Taking into account the PC and console segments, companies point out that the catalyst for effects will be new title launches scheduled for the next few years. It will lead to some sinusoids in results, too. After the pandemic jump, most companies experience an overall decline in the nominal number of gamers, yet, their engagement continues to be high. On the other hand, revenues from live services and the sale of digital goods in games considerably contribute to current outcomes, smoothing out the seasonality of those results, accordingly.

Economic Snapshot | Poland

Poland's GDP in the first half of 2021 has recovered to pre-pandemic levels. Compared to the previous year, GDP grew by 5. 3%. Poland’s annual inflation rate accelerated for the sixth straight month to 8.6% and weakened the position of the Polish zloty against the EUR and USD.

AI and Machine Learning: Novel VC’s investment sweet spot

Artificial intelligence (AI) and machine learning are in the limelight for Venture Capital funds. Impressive achievements in these areas not only enable cost reduction, but also the creation of revolutionary new products.

Insurtech as a driver of digital disrupt in the insurance business.

In 2016, the Insurtech barely existed in the internet sphere and the term itself was vague and imprecise. Today, in only 0.77 seconds Google Search generates over 5 million results, while Insurtech companies are not only a point of interest of venture capitalists, but also major insurers uncertain about their future competitive advantages.

BIK completes the acquisition of Punkta

Pollen Street Capital are pleased to announce BIK has acquired Punkta, a leading online comparison platform focused on Motor and other personal lines insurance in Poland.

Polish-based SMEO raised over PLN 21 million

The factoring company SMEO obtained additional funds to finance the invoices of Polish entrepreneurs. Two funds invested in SMEO: Dutch Finch Capital and Polish Precapital. The total vauea of the transaction exceeds PLN 21 million.

FinTech&InsurTech – Kongres w Warszawie z udziałem DFCM.

Following our partnership we were honoured to inaugurate today an annual Fintech&Insurtech Congress: an elite forum for the exchange of thoughts on the development of technology in the financial and insurance sectors. The Keynote Speech delivered by our CEO Jarosław Dąbrowski looked holistically at the world post-COVID-19 emphasizing shifts in FinTech and InsureTech Landscape.