Total hourly labour costs in Poland grew by 2.1% y/y in Q3 of 2013 (after rising by 2.0% y/y a quarter earlier) and in the economies of the 28 member states of the European Union (EU), they were up by 1.0% y/y, according to Eurostat.
At that time, in Poland, wage and salary costs were up by 2.1% y/y, while labour costs other than wages and salaries (including the employers' social contributions plus employment taxes) were up by 2.2%.
In the industry sector, Poland's total hourly labour costs grew by 2.7% in Q3, in the construction sector, they were up by 0.7% and in the services sector, they rose by 3.0%.
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, signed an agreement to acquire a 100% stake in Studenac, a network of neighbourhood grocery stores operating in ... more
Poland’s Prime Minister Mateusz Morawiecki has taken over supervision of two state-controlled oil and gas companies, PKN Orlen and Lotos, the energy ministry said on June 5. Stripping the ... more
Prague-based start-up accelerator StartupYard will distribute up to CZK20mn (€782,000) to young companies to help them grow their businesses. The money was raised via a crowdfunding campaign ... more