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Poland

Government rescue of state firms “sacrifice SMEs” while Economy...

Criticism is levelled at the government by small- and medium-sized enterprise (SME) proprietors due to the methods employed to save big state-owned firms from bankruptcy. Their suppliers are reproaching the government for recovery programmes that offer them as prey, stressing...

#bankruptcy#economy#Jobs

SME’s frustrations over bureaucracy and the ‘grey market’ rise...

In the first, frothy years of Poland's post-communist transformation, more than a million small businesses set up shop, selling everything…

#GDP#small businesses#smes


‘Flawed economic policies’ that are damaging SMEs and big...

According to Samoobrona (Self-defence) leader Andrzej Lepper, farmers’ protests have been caused by improper financial policy. "SMEs are going bankrupt,…

#Paid#poland#smes


KUKE Insures Over ZL1bn Worth of Exports

KUKE (Korporacja Ubezpieczen Kredytow Eksportowych), the Polish export credit insurance agency (ECA), has been observing increased interest in insurance of…


Fortis Bank and EBRD in SME initiative

Fortis Bank, in co-operation with the European Bank for Reconstruction and Development (EBRD), will launch a programme aimed at helping…


Minister announces package to reverse SME decline

Economy Minister Jacek Piechota has announced that a second legislative package will be issued this year to promote small and…


Businesses to book bad debt as cost to cut...

Some 36,000 companies have reported their intention to book bad debts totalling ZL5.7bn as costs in order to reduce their…

#bad debts#Bill#receivables


Economy Ministry at work on more radical package for...

The Economy Ministry is preparing to launch a new program of initiatives designed to support small and medium sized enterprises…

#economy#GDP#poland


Polish factor seeks strategic investor

In November, the Eurofaktor factoring company will increase its capital to ZL30m, with new stock to be taken over by…


BIG Bank Gdanski Secures Ђ50 million Factoring Contract

The Management Board of BIG Bank GDANSKI S.A. ("the Bank") announced that on 29 August 2002, FORIN Sp. z o.o.…

#bank#factoring contract#management


Officials Go Public With Details of SME Aid Package

Economy Minister Jacek Piechota has announced details of his plans for supporting small and medium-sized businesses, with some ZL1.5-2bn in…


BA-Creditanstalt-Leasing Poland is to merge with Bankowe Towarzystwo Leasingowe...

BA-Creditanstalt-Leasing Poland, a financial leasing services company is to merge with Bankowe Towarzystwo Leasingowe SA, a leasing services company and…

Enskilda of Sweden Increases its Shareholding in Polish Bank...

The Swedish-based bank Skandinaviska Enskilda Banken (SEB) has increased its shareholding in the Bank Ochrony Srodowiska (BOS) by 6% to…

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