Polish companies are positive when it comes to the year 2024
Almost 1/3 of Polish companies expect an improvement in business operations in 2024. This is an increase of 5 percentage points compared to last year.
Coface’s Payments in Poland 2023 report surveyed 341 small, medium and large companies, representing 3 main sectors of the economy, i.e. manufacturing, trade and services. 31.4% of them expect a better situation in 2024 (up from 26.4% compared to 2023). 50.1% do not expect any changes in their business (down 4.4%). 18.5% (compared to 19.1% in 2023) believe that the situation will worsen (down 0.6%).
These are not the only positive conclusions that can be drawn from reading the report. The deadline for paying invoices has been reduced by 3.8 days (from 46.2 days in 2022 to 42.4 in 2023). The average hypothetical delays in payments have decreased by 3 days (48.7 days vs. 51.8 in 2022). Thus, the result came close to the level of 2020 (48.0 days), although last year did not abound in such a wide range of support for maintaining financial liquidity.
The report also points to the biggest threats expected by Polish entrepreneurs. First and foremost that is limited domestic and foreign demand (44%), taxes and other fiscal fees (41%) and too much competition (40%).
The report also shows that companies in Poland have adapted to doing business in the new geopolitical situation (war in Ukraine). However, they are still suffering from the economic and business consequences.
Source: Wprost, Coface report
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DIGITEX SP. Z O.O. SP. K.
IT and telecommunication equipmentShow allShow more Show lessDigitex is a leading Polish manufacturer of integrated public warning and emergency communication systems. For over 40 years, we have developed advanced technologies for digital alerting, mass warning and notification systems, IP/VPN-based communication and DSE electronic sirens. Our cutting-edge, scalable solutions support public administration, crisis management, civil defence, fire brigades, military and critical infrastructure operators in Poland and in over 20 countries worldwide.
JULIMEX SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ SPÓŁKA KOMANDYTOWO-AKCYJNA
Fashion and textilesArticles of apparel and clothing accessoriesTextiles, fabrics and articles thereofShow allShow more Show lessJulimex is a leading brand in shapewear and lingerie accessories. Every product is designed and manufactured with great care, attention to detail, and a deep understanding of what women truly need. How do we know their needs? We listen. We stay close to our customers, follow global fashion trends, and continuously evolve to provide solutions that support women in their everyday lives.
BUS-CENTER TOMASZ GAD
Automotive industryShow allShow more Show lessBus-Center is a Polish manufacturer operating since 2002, specializing in premium minibus conversions on Mercedes-Benz Sprinter and Iveco Daily base vehicle. We deliver EU-homologated coach, shuttle, school and VIP configurations, offering high-quality craftsmanship, durability and tailored solutions for transport operators across Europe.
LUBFARM SPÓŁKA AKCYJNA
Show more Show lessLubfarm is a prominent pharmaceutical wholesaler based in Lublin, Poland. With over 30 years of experience, the company distributes a wide range of medicines, medical devices, and supplements to pharmacies and hospitals nationwide. Lubfarm distinguishes itself through modern logistics, high service standards, and a vast product portfolio. As a trusted partner in the healthcare sector, they ensure reliable and timely supplies, playing a vital role in the Polish pharmaceutical market.
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DIGITEX SP. Z O.O. SP. K.
IT and telecommunication equipmentShow allShow more Show lessDigitex is a leading Polish manufacturer of integrated public warning and emergency communication systems. For over 40 years, we have developed advanced technologies for digital alerting, mass warning and notification systems, IP/VPN-based communication and DSE electronic sirens. Our cutting-edge, scalable solutions support public administration, crisis management, civil defence, fire brigades, military and critical infrastructure operators in Poland and in over 20 countries worldwide.
JULIMEX SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ SPÓŁKA KOMANDYTOWO-AKCYJNA
Fashion and textilesArticles of apparel and clothing accessoriesTextiles, fabrics and articles thereofShow allShow more Show lessJulimex is a leading brand in shapewear and lingerie accessories. Every product is designed and manufactured with great care, attention to detail, and a deep understanding of what women truly need. How do we know their needs? We listen. We stay close to our customers, follow global fashion trends, and continuously evolve to provide solutions that support women in their everyday lives.
BUS-CENTER TOMASZ GAD
Automotive industryShow allShow more Show lessBus-Center is a Polish manufacturer operating since 2002, specializing in premium minibus conversions on Mercedes-Benz Sprinter and Iveco Daily base vehicle. We deliver EU-homologated coach, shuttle, school and VIP configurations, offering high-quality craftsmanship, durability and tailored solutions for transport operators across Europe.
LUBFARM SPÓŁKA AKCYJNA
Show more Show lessLubfarm is a prominent pharmaceutical wholesaler based in Lublin, Poland. With over 30 years of experience, the company distributes a wide range of medicines, medical devices, and supplements to pharmacies and hospitals nationwide. Lubfarm distinguishes itself through modern logistics, high service standards, and a vast product portfolio. As a trusted partner in the healthcare sector, they ensure reliable and timely supplies, playing a vital role in the Polish pharmaceutical market.
