The Warsaw Energy Plant in Targówek has been formally opened

ENERGY

Warsaw opens new energy plant in Targówek, to provide heat for thousands of homes

Warsaw has formally opened Warszawska Wytwórnia Energii (Warsaw Energy Plant), a waste-to-energy facility in Targówek, a north-west district, that the city says is the largest of its kind in Poland and among the most advanced in Europe. The plant, funded entirely from the city budget at more than PLN 1.6 billion, is designed to process […]

A consortium has offered almost EUR 8 million for Poland's InPost

BUSINESS

EUR 7.8 billion offer made for Poland’s InPost package delivery service

A joint offer for InPost worth EUR 7.8 billion has been made by a consortium of FedEx, A&R and PPF, according to a statement released by InPost and Fedex. “The Consortium will help drive InPost’s growth potential as a leading European e-commerce solutions enabler by supporting its existing growth strategy, including further expansion of its […]

Source: małopolska.uw.gov.pl

AUTOMOTIVE MANUFACTURING

MAN Truck & Bus to invest PLN 5.2 bn near Kraków

German automotive manufacturer MAN Truck & Bus SE will invest PLN 5.2 bn in the town of Niepołomice in southern Poland, about 24 km east of Kraków, according to a statement from the Małopolskie (Lesser Poland) voivodeship government.  PLN 3.2 bn is intended for building a highly automated modern electric vehicle battery (EVB) factory, while […]

Photo by Jakub Zerdzicki. Source: Pexels

ECONOMY

Poland‘s economy continues resilient growth but slight slow down expected

Poland’s economic growth is strong but moderating, according to two recent economic reports, the December OECD report (Organisation for Economic Co-Operation and Development), a global think tank and an international economic organization of 38 member countries, and the EC (European Commission) report.  The OECD reports that the economy grew 3.3% in 2025 compared to 2.9% […]

Construction site of the future power plant, June 2025. Source: PEJ.

ENERGY

Polish government obtains “green light” in nuclear plant state funding

The Polish government has received approval from the European Commission to provide state aid for the construction of its first nuclear power plant, according to an official announcement.  “We act, we don’t just talk. We will indeed be able to launch construction with proper momentum, so that electricity from Poland’s first nuclear power plant can […]

SpaceX rocket launch. Photo by SpaceX Source: Pexels

TECHNOLOGY AND INNOVATION

ICEYE valued at €2.4bn after €200m raised

ICEYE, a Polish-Finnish space-technology and satellite-aerospace firm with a Polish subsidiary, ICEYE Polska, has closed a €200m financing round led by General Catalyst, a global venture capital firm, valuing the company at €2.4bn (PLN 10bn), according to its press release. Poland’s state-owned fund Vinci (part of Bank Gospodarstwa Krajowego) increased its previous €9m (c.PLN 40m) […]

Warsaw has seen rapid expansion in digital and IT roles. Photo by Cezary W.

LABOUR MARKET

Warsaw’s high-skill economy expands, driving momentum for reskilling and innovation

Warsaw boasts Poland’s largest and most diverse labour market, as well as the country’s highest wages, according to the Warsaw Talent and the Labour Market 2025 report released by the City of Warsaw in cooperation with academic institutions, HR specialists and business-services organisations. The report positions the capital not only as the dominant domestic employment […]

Real Estate

Nowy Wełnowiec: Building a huge new district in Katowice.

Nowy Wełnowiec in Katowice is one of the boldest mixed-use schemes underway in Poland – the redevelopment of the 30-hectare former Silesia Metallurgical Plant. The scheme will deliver 300,000 sqm of space combining residential, retail, restaurants, education and culture. In this interview, Sylwia Filewicz, Head of Construction & Development at Capital Park Group, talks about […]

Changing technology, same habits

Buildings are more hi-tech than ever, but how to make them human-friendly? In this interview with Zygmunt Hryniewicz, Growth & Sales Lead for Blue Bolt, he talks about modern building management systems – and whether we still need to carry around our keys! Buildings are becoming ever more hi-tech, but there must be weak points […]

Michał Stępień (left) & Didier Balcaen (right) Michał Stępień (left) & Didier Balcaen (right)

Buying, Building, Investing: what Poland and Romania tell us about the next housing cycle

In this interview with Didier Balcaen, Co-Founder & CEO of SPEEDWELL, and Michał Stępień, Country Manager Poland, the two talk about the company’s history in CEE, differences between the Romanian and Polish markets – and why the younger generation prefers renting to buying.  In the CEE region, why did SPEEDWELL start with Romania? Didier Balcaen: […]

5 Questions to Tomasz Trzósło, CEO of EPP

The ageing of Poland’s shopping centre portfolio is the biggest challenge facing the retail sector. In the coming years, a significant portion will require extensive modernisation, reconfiguration, or even functional transformation, whilst simultaneously meeting escalating EU regulatory demands such as EPBD. This means multi-million-euro investments including…

A new local plan for Poland in 2026 – what does it mean for investors?

In this interview with Michał Leszczyński, PZFD’s Head of Strategy and Legislation, he explains what will change and what stays the same. What exactly is the Integrated Investment Plan (ZPI)? The name may seem misleading – ZPI is simply a new way of adopting a local plan, in which the investor applying for a plan […]

5 Questions to Paul Kusmierz, CEO & Founder of Management Group (MMG)

From a developer’s standpoint, it’s finding land to develop a new centre that doesn’t cannibalise a city or over-retail a community. The huge success and development of retail parks has put pressure on finding proper locations, as well as the size of the investment, and its returns. These factors all tie into making the correct financial decision. There is pressure on…

Skyliner II in Warsaw, by Karimpol Skyliner II in Warsaw, by Karimpol

Mindspace & Squarepoint take space in Karimpol’s Skyliner II office building, Warsaw 

Flexible office space provider Mindspace has signed a long-term lease with Karimpol Polska for nearly 4,500 sqm in Skyliner II on Rondo Daszyńskiego in Warsaw. Under the 10-year agreement, the operator will occupy four floors from the 8th to the 11th. It will be Mindspace’s third location in Poland, after Hala Koszyki and Skyliner I, […]

5 Questions to Dorota Latkowska-Diniejko, President, REINO IO Logistics

From a general partner (GP) perspective, the primary challenge is consistently deploying capital at scale while maintaining underwriting discipline and execution quality. Logistics fundamentals in Poland remain compelling, but competition for prime sites and stabilised assets has increased, development costs are elevated, and timelines are more sensitive to infrastructure and permitting. As a…

5 Questions to Katarzyna Zawodna-Bijoch, President and CEO, Skanska CDE

Our sector is facing a combination of significant and interlinked challenges: climate change, rising and volatile energy costs, demographic and urbanization shifts, increasing cybersecurity risks, and ongoing uncertainty around how and where people choose to work. Together, these forces are reshaping expectations for sustainable, resilient and future-proof real estate. At Skanska…

Films

New and Future Projects in Poland 2026: From Warsaw to Gdańsk via Katowice and Łódź

From the top of Varso Tower (the EU’s tallest skyscraper) to Imperial Shipyard in the Gdańsk docklands, this film, narrated by Richard Stephens of The Poland Observer, surveys Poland’s economic momentum and the projects reshaping its cities. It tracks headline data on growth, (noting Bloomberg’s recent headline: “Something remarkable has happened in Poland), energy transition […]

Why Investors are Watching ŁÓDŹ: Polish City Wins Big at the Oscars of Real Estate

Located in the very heart of Poland—at the crossroads of major north-south and east-west transport corridors—Łódź is rapidly transforming into a key hub for business, logistics, and innovation. This short film explores the city’s accelerating development: from large-scale infrastructure projects and new residential districts to award-winning urban regeneration. At the centre of it all is […]

Why the World is Watching WARSAW: Inside Europe’s Fastest-Changing City

Ranked by the Financial Times as one of Europe’s top Cities of the Future – a city that’s ‘buzzing’ – Warsaw is emerging as a dynamic centre for business, AI, culture, and urban transformation. This short film explores what’s behind the city’s remarkable momentum—from its fast-growing economy and thriving R&D sector, to its creative reuse […]

The Future of Poland: new & upcoming projects 2024/2025

Are you curious about what Poland will look like in a few years? Discover the future of the real estate sector in one of Europe’s fastest-growing economies 20 years after joining the European Union, 25 years after joining NATO, and on the 35th anniversary of the first democratic parliamentary elections in post-communist Central & Eastern Europe.

What Lies Ahead for Poland and CEE: Is Real Estate Back?

The CEE Summit is the region’s premier real estate event, bringing together international investors and local decision makers to catch up with the latest developments in the region and discuss the challenges and opportunities ahead.

The Impossible Feat

In 1980 Poland, resources – and national pride – were scarce. Against all odds, Polish mountain climbers were the first to ascend Mount Everest in winter, showing unbelievable feats of courage and endurance. Watch this short film and hear Krzysztof Wielicki – one of the two climbers who reached the summit – talking about this achievement and the context behind it. To learn more about this incredible story, read the article.

Energy

Construction site of the future power plant, June 2025. Source: PEJ. Construction site of the future power plant, June 2025. Source: PEJ.

Polish government obtains “green light” in nuclear plant state funding

The Polish government has received approval from the European Commission to provide state aid for the construction of its first nuclear power plant, according to an official announcement.  “We act, we don’t just talk. We will indeed be able to launch construction with proper momentum, so that electricity from Poland’s first nuclear power plant can […]

Vestas pulls back on Polish wind factory

Vestas, a Danish wind turbine manufacturer, has paused plans to develop a wind turbine factory in Szczecin amid weakening demand for the technology in Europe and political uncertainty, the Financial Times reported. The factory was expected to create around 1,000 jobs, but there are no official announcements on the company’s website. According to the FT, […]

Poland’s green transition gaining pace

Over the last 10 years, Poland has moved from near-total dependence on domestic coal and Russian supplies to a more diversified energy supply chain that also includes renewable energy and oil – according to the 2025 edition of the report “Energy Transition in Poland” by Forum Energii. The Warsaw-based think-tank reports a record-low 56.2% share […]

Orlen reports strong financial results and announces record dividend

Orlen announced a record PLN 4.6m 4th quarter 2024 net profit and plans a record dividend of PLN 6 per share, according to the company’s press release. In 2024, every 10th zloty in the state budget came from Orlen, according to Ireneusz Fąfara, President of the ORLEN Management Board. The core operating profit has risen […]

Poland and Canada sign agreement on nuclear cooperation

Poland and Canada have signed a cooperation agreement on the peaceful uses of nuclear energy, during a meeting between Prime Ministers Donald Tusk and Justin Trudeau in Warsaw. This is part of Poland’s energy transition away from coal, with nuclear power development one the country’s key goals. The agreement will aid Poland’s need for more energy resources as it aims to become a leader in new technologies, according to […]

Agnes Dasewicz, Head of Investments at the US International Development Finance Corporation (DFC)

US considers investing in Poland’s first nuclear power plant

The U.S. International Development Finance Corporation (U.S. DFC), America’s development finance institution, has expressed interest in investing in the first Polish nuclear power plant with an investment of more than PLN 4bn, according to Polskie Elektrownie Jądrowe (Polish Nuclear Power Plants – PEJ), the state-owned company tasked with building the plant, on 12 November. The plant, to be located in Lubiatowo-Kopalino in Pomorskie Voivodeship close to the Baltic Coast, will have an electricity generation capacity of up to […]

Non-business

Poland’s 80s ‘Ice Warriors’ achieved the impossible with few resources – but a lot of grit

‘The Ice Warriors’ is a nickname Polish mountain climbers earned for a series of extreme mountain expeditions throughout the 1970s and 1980s. Having missed out on “The Great Exploration Period” of the previous decades, the leaders of the Polish climbing community saw an opportunity to change that, even though – it seemed at the time – there was nothing left to conquer. […]

Poland‘s economy continues resilient growth but slight slow down expected

Poland’s economic growth is strong but moderating, according to two recent economic reports, the December OECD report (Organisation for Economic Co-Operation and Development), a global think tank and an international economic organization of 38 member countries, and the EC (European Commission) report.  The OECD reports that the economy grew 3.3% in 2025 compared to 2.9% […]

Photo by Jakub Zerdzicki. Source: Pexels Photo by Jakub Zerdzicki. Source: Pexels

Government unveils revised plan to build deepwater container hub “Cape Pomerania”

Poland plans to build a deepwater container terminal called Przylądek Pomerania (“Cape Pomerania”), after revising plans inherited from the previous government, according to Polskie Radio. The project would expand the existing Świnoujście port, in the far north-west corner of Poland on the Baltic coast, by reclaiming 186 hectares of land, requiring about 20m tonnes of […]

Source: Port of Szczecin Source: Port of Szczecin

Poland’s growth, in context

In May 2025, The Economist’s cover story, The remarkable rise of Poland, explained “how much a country can achieve by European integration and good economic policy.” In June, The Telegraph called Poland’s expansion “a miracle”. In 2024, EPOCH magazine reached for the same word, and in 2023 The Guardian said Poland had “changed beyond recognition”.  […]

Poland's GDP growth statistics

Events

The Poland Observer at MIPIM 2025

The Poland Observer will lead the main Poland conference session at MIPIM, the world’s largest, most prestigious real estate and investment event.

MIPIM has been the premier platform for cities, investors, and industry leaders to come together since its inception in 1990. The Polish market has been present at MIPIM since the very beginning, growing in importance and visibility year by year.

The CEE Summit 2025

The CEE Summit is the region’s premier real estate event, bringing together international investors and local decision makers to catch up with the latest developments in the region and discuss the challenges and opportunities ahead.

The conference and awards’ ceremony take place on 5 June 2025 – preceded by a tour of the best of Warsaw’s latest schemes on the afternoon of 4 June – and covers all the main sectors and key locations, as well as the trends & issues you need to be aware of and get ready for.

The Poland Observer at Expo Real 2025

Expo Real is Europe’s largest real estate and investment trade fair, which takes place every October in Munich, Germany. It has long been the meeting point for industry leaders seeking to explore the trends shaping the future of the built environment. The Poland Observer has been a proud partner of Polish companies and cities at the event since [YEAR], bringing Poland’s vibrant economy to the forefront of global attention.

Send us a comment