Polish ICT sector's business climate unchanged m/m at 9pts in May

By bne IntelliNews May 23, 2013

Business tendency surveys carried out in May by national stats office GUS show a stabilisation of business climate in the information technology and telecommunications services sector - the sector's indicator was unchanged on the month at 9pts.

This month, an improvement is noted by 16% of the surveyed enterprises, while worsening - by 7% (vs. 17% and 8%, respectively, in April), GUS reported.

Enterprises are more optimistic as for demand, sales and financial standing, while current assessments in these areas continue to be negative. ICT firms report their prices are falling and they expect this trend to be continued. Also, the sector may see a small wave of layoffs.

Related Articles

Iran's supreme leader dumps Telegram Messenger and plugs domestic rivals as ban fears grow

Top Iranian officials including Supreme Leader Ayatollah Ali Khamenei stopped using the Telegram Messenger messaging application and started promoting domestic alternatives in advance of the April 18 ... more

KKR's United Group to invest €293mn in Serbia within next five years

United Group, a leading multi-play (Pay-TV, Broadband, Telephony, Mobile) operator in Southeast Europe, majority owned by US private equity firm Kohlberg Kravis Roberts (KKR), plans to invest ... more

China’s ZTE shares suspended after US hits company for breaking plea bargain over Iran exports

Chinese electronics giant ZTE Corp on April 17 was forced to halt trading of its shares in Hong Kong and Shenzen after the US slapped it with a seven-year ban on buying American-made chips ... more

Dismiss