Indian companies are more and more interested in Central and Eastern European (CEE) markets. Poland, the Czech Republic, Slovakia and Hungary, which recently joined the EU, offer Indian firms a stable operating environment in a strategic location, an educated workforce, great cost advantages, and a more secure legal framework. >>

The Polish economy is heading towards a slowdown. Transport, banking, consumer finance market and processing industry will suffer the most, the Institute of Regional Development at the Warsaw School of Economics (IRG SGH) informs. ‘The Institute measures the real functioning of companies and households and not the fundamentals of Polish economy, which are still intact’ professor Elżbieta Adamowicz said introducing the prognosis for Q4 2008. The authors of the research also remind that even though the results are lower than in previous quarters, they are still above average. >>

Experts in the field of environmental protection met for the 20th time at the largest annual ecological fair in Central-Eastern Europe - the POLEKO International Trade Fair for Environmental Protection in Poznań. The event took place October 27-30 due to the on-going preparations for the United Nations Climate Change Conference in December. Polish Market’s Maciek Prolinski was there.  >>

An investment climate report compiled by the Gdańsk Institute for Market Economics (IBnGR) says that compared to 2007 the general investment assessment for Poland has not changed considerably, yet the majority of elements managed to receive a slightly better evaluation. >>

“We are moving from words to action,” says Krzysztof Pietraszkiewicz, President of the Association of Polish Banks, when assessing the situation on the Polish financial market and measures taken by the government, finance minister, banking supervision authority and National Bank of Poland. >>

A Polish-Chinese Economic Forum attended by Polish Prime Minister Donald Tusk was held in Shanghai October 22 as part of a visit to China by a Polish government delegation. >>

“Alior Bank SA is the largest European start-up in 30 years in terms of equity capital. We are entering the market and are going to provide services in all its segments. Although we have worked on the project no longer than a year, we have already built some 80 branches. By the end of 2009 their number is to rise to over 200. >>

Even in the United States, where most is being spoken about recession, there is no recession yet. In Q2 this year, the US economy registered a growth of more than 3% - notes Professor Leszek Balcerowicz, former president of the National Bank of Poland, former deputy premier and finance minister. >>