Wednesday, June 19th, 2013
Today's weather     
Small firms in good shape

29th June 2011
Bookmark and Share


The success of small firms in Poland continues to improve year-on-year according to new data from the Central Statistical Office (GUS).

In 2005, 211,000 micro businesses were established and today a third of these are still in operation, while of the companies that opened in 2009, 80 percent were still operating one year later, reports Dziennik Gazeta Prawna.

Małgorzata Starczewska-Krzysztoszek, chief economist at the PKPP Lewiatan business confederation, says the reason more businesses are holding up in the market is because the people who run them are now better prepared, offer higher-quality products and provide good customer service to their clients.

Businesses in Poland are also taking advantage of EU grants which require a firm to produce a clear business plan which is verified by experts, meaning companies are now better structured from the beginning, she added.

Poland AM


From Warsaw Business Journal


Advertisement
The business of politics
Donald Tusk the social democrat?
BY Remi Adekoya
Currently on a charm offensive after weeks of bad press, Prime Minister Donald Tusk told weekly Polityka that “the longer one is ... READ MORE
Stratfor on Geopolitics
The growing importance of the Arctic Council
BY Stratfor Global Intelligence
The Arctic is expected to become more important in the coming decades as climate change makes natural resources and transport routes more ... READ MORE
Our partners