The Council of Ministers adopted a regulation prolonging and extending the instruments of support included in the so-called Industry Shield for another month. Companies that show a decrease in revenue compared to September 2020 will also be able to benefit from the aid. Entrepreneurs will also be able to apply for downtime benefit, regardless of whether they have received it in the past.

Chaired by Prime Minister Mateusz Morawiecki and Deputy Prime Minister Jarosław Gowin, head of the Ministry of Economic Development, Labour and Technology, a broad public consultation of the National Reconstruction Plan was launched today (Friday, February 26). Poland will have more than 57 billion euros at its disposal under the EU Reconstruction Fund. Each Member State must prepare its National Reconstruction Plan (NRP) which will be the basis for using these funds.

Poland is interested in deepening economic cooperation with Armenia – these are the proceedings of the meeting of Robert Tomanek, under-secretary of state at the Ministry of Economic Development, Labour and Technology, with Samvel Mkrtchian, Ambassador of Armenia in Poland. The meeting took place on the initiative of the Armenian side, which wants to intensify the work of the Intergovernmental Commission for Economic Cooperation. Meeting took place today (24 February) in the form of an on-line conference.

Economic cooperation, the 2030 Agenda, the Berlin process, the Three Seas Initiative, EU trade policy toward China and tourism cooperation – these were the main topics of the discussion between Polish Deputy Prime Minister Jarosław Gowin and Bulgarian Deputy Prime Minister Mariyana Nikolova.

A state-of-the-art and highly automated production facility and engineering R&D centre for battery modules and energy storage systems will be set up in Gdańsk. It will be built by Northvolt, a European supplier of high-quality cells and battery systems. The company promises to create up to 500 new jobs. The implementation of this investment will be supported within the Polish Investment Zone.

Industry is growing for the eighth month in a row. After elimination of seasonal factors, industrial sales increased by 5.7% y/y and 1.7% m/m.

Polish-German economic cooperation, the issue of minimum wages in the EU countries and the situation on the labour market in the era of the coronavrius pandemic – these are the main topics of the meeting of Deputy Prime Minister Jarosław Gowin and Deputy Minister of Economic Development, Labour and Technology Iwona Michałek, with German Minister of Labour and Social Policy Hubertus Heil.

The Wave of Renovation Strategy prepared by the European Commission was the subject of a meeting organised by the Embassy of the Kingdom of Denmark in Warsaw, attended by Anna Kornecka, Deputy Minister of Economic Development, Labour and Technology.

Poland recorded a 10-fold increase in trade balance in foreign trade in 2020 – according to preliminary data of the CSO, it has increased from 5.1 billion Polish zlotys in 2019 to 53.7 zlotys. This is one of the best results across the entire EU. Last year, despite the pandemic, exports from Poland increased by 2.8% y/y and reached 1,051.9 billion zlotys. Exports expressed in euro amounted to 237.5 billion euros (a slight decrease of 0.3%).

Despite extremely difficult circumstances last year, countries of the Visegrad Group are doing well compared to other European countries, emphasised Deputy Prime Minister, Minister of Economic Development, Labour and Technology, Jarosław Gowin.