Davos

Energy corporations across Poland are committing to sector transformation, which requires a dynamic and flexible approach to constantly shifting circumstances. All these developments are taking place under economic, time, and (most recently) geopolitical pressure. This is why we need to urgently switch from evolutionary adaptation to smart solution-based revolutionary change.

Basing the system on the goodwill of private citizens is not enough, aid groups warn

Czechia has the second-longest border with Poland after Germany but the Czechs know Poles the least of their neighbours. They don’t share the same recent history as with the Slovaks, they don’t go on holiday to Poland as they do to Austria, and they don’t have that many joint ventures or a shared tradition of shopping trips and Christmas jaunts as with Germany. Author Martin Ehl Chief Analyst for the Czech Daily Hospodarske Noviny.

If there is anything certain in the modern economy, it’s change. While we enjoy using assorted opportunities to repeat and scare one another about the times of extraordinary variability and uncertainty we all face, the truth is somewhat different: both have become typical features of the economic landscape. It goes without saying that they are also the price we are paying for the exorbitant development and technological changes of recent decades, for the never-ending race we have decided to join in the name of progress and prosperity.

For the past 20 years, Poland has gone a long way forward in moving away from the coal monoculture with over 94% of electricity being fuelled with this fossil resources. We are eliminating coal from the energy mix faster than expected but figures do not lie - coal still makes up 70% of the domestic mix, and the truly no-emission resources are still a relatively small part of it.

Poland has become a leading supplier in the EU in the production of apples or poultry. Milk processing, mostly in cooperatives, is also among the most modern sectors in the EU.

In the transition away from fossil fuels towards renewable energy, nuclear energy will be essential to stabilise the system. Nuclear power is not renewable energy but neither does it generate emissions of greenhouse gases and other pollutants.

Russia’s attack on Ukraine is the greatest test of international solidarity that the transatlantic community has faced since World War 2. Capital market institutions reacted quickly and decisively.

The fundamental value offered by insurers, i.e. security, is today one of the most important and sought-after. To be able to take advantage of this, we must not only retain our capacity to adapt with lightning-quick speed in the face of conditions dominated by uncertainty, but also build future-proof competitive advantages. This calls for the most serious redefinition of the insurance business seen in years. PZU Group, the largest financial conglomerate in the Central and Eastern Europe with assets nearing 90 billion euro, has the potential, experience and new ideas needed to lead these changes and establish new standards for the insurance of tomorrow. Author Beata Kozłowska - Chyła PhD, DSc, CEO and President of the Management Board of PZU.

The refining sector in Europe has undergone a pivotal change over the last decade: as recently as ten years ago, refineries were considered to be industrial plants demonstrating the strength of an economy. Today, they are often issue assets for their owners. Author Karol Wolff director of Strategy and Strategic Projects Office, PKN ORLEN, Photo: press materials

The short- and medium-term condition of our defence industry will improve in the wake of the war in Ukraine, with a gush of procurement orders from the Ministry of National Defence. Trouble may be brewing long-term, as there is a shortage of new designs.

The marriage between business and science, a crucial factor in driving an innovative economy, can be a win-win situation. But some concessions need to be made first: entrepreneurs must think beyond profit, while scientists should look for a practical rationale for their projects.

Markets around the world reacted to the outbreak of war in Ukraine with index falls. After the initial shock, the sentiment on the Warsaw Stock Exchange (WSE) quickly recovered. Author Nina Vincenz-Krajewska spokesperson of WSE

Wśród naszych członków są zarówno firmy państwowe, jak i prywatne, polskie i zagraniczne. Działamy odpowiedzialnie na rzecz kraju i gospodarki – mówi Marek Kowalski, przewodniczący Federacji Przedsiębiorców Polskich (FPP), jednej z największych organizacji przedsiębiorców w kraju