According to a new PwC study “Clarity from above – drone technologies for roads and railways” drones are expected to be a major disruptor in the transport infrastructure industry over the next five years. Early and effective application of this technology can give a significant edge on this competitive market. Therefore, drones equipped with smart software will have a major impact on the competitiveness of transport network operators.
The report shows changes in the tax authorities’ approach to the question of control in the area of transfer pricing and the challenges which Polish taxpayers will have to face. It is also the voice of businesspeople who, in an anonymous survey by PwC, have shared their observations about the changes which are taking place and have indicated what steps they will take in order to prepare for transfer pricing inspections.
It's time for a revolution in the functioning of the healthcare system in Central and Eastern Europe. Healthcare providers need to prepare for the rapid development of new technologies and the changing needs of patients.
The report presents seven issues which constitute a challenge not only for energy companies, but also for the state, which creates future operating conditions for the industry.
Almost two-thirds of CEOs say there are more threats than there were three years ago. In particular, CEE business leaders named geopolitical uncertainty as the biggest threat to their companies’ growth prospects, with 86% “extremely” or “somewhat” concerned.
Clarity from above seeks to quantify that impact by examining commercial applications of drone technology across industry sectors. Of interest are not only the machines (drones), but their broader applications for business, such as in the ability to capture unprecedented levels of data. That is why we have decided to use the term ‘drone powered solutions’.
This is a report on the current status of clinical trials in Poland, prepared by PwC at the request of and in collaboration with INFARMA – the Employers' Association of Innovative Pharmaceutical Companies, GCPpl – the Association for Good Clinical Practice in Poland, and POLCRO – the Polish Association of Clinical Research Organizations.
All Poland Supervisory Boards' Competencies Survey
How does remuneration of Management Board and Supervisory Board members change?
We are pleased to present you with the fifth edition of our report. The crucial issues discussed in this document are not linked to the ones which we drew attention to only five years ago. Since then, the energy sector has undergone fundamental changes: from a limited but certain pr fits activity, it has turned into regular business. It is now a sector that can bring extraordinary gains, but on the other hand bankruptcy is no longer an unrealistic scenario.
Investing in Poland contains information on macroeconomic conditions and outlook for Poland, as well as key data, analysis and contact details for all 16 of Poland's voivodships and all of its major cities.
Fourth edition of PwC survey. The report summarises a survey conducted by PwC on executive compensation at key listed companies in 2013. Its key findings cover trends in executive compensation and changes in both the structure and level of the remuneration package that occurred between 2012 and 2013.
In recent years, opinions have been appearing more and more frequently that young people make decisions related to the choice of the direction of their education and, in the long term, their careers, unconsciously. Therefore, after graduating from university, they wander in search of work, while the skills they have gained differ from the actual needs of the market.
This is already the fourth edition of our report. In 2011, we addressed the methods of financing investment, in 2012 we discussed the development opportunities of the gas-fi red energy generation, and in 2013 we reported that the emphasis in the electricity sector had moved from the widely discussed issues regarding solely generation to other parts of the value chain.
The “PwC Shale Report” presents briefly the current status of Poland’s road to shale. We encourage you to download it and share your comments and questions with us.
PwC presents Real Estate 2020: Building the future - new report that provides a wide outlook for the Global Real Estate industry.
Implications of recent Polish and international legislative changes, as well as practical lessons drawn from tax audits and court proceedings.
In this report, we draw attention to the possibility of introducing solutions which could make the resolution of tax disputes quicker, simpler, more effective and, as a result, less expensive both for the State and the taxpayer.
Poland has become a relative winner of the global financial crisis and may now, in the post crisis years, offers a product which has lately been in short supply - economic stability. Numerous companies which until lately have not seen Poland as priority investment location started to take serious interest in the Polish market.
Europe’s real estate industry expects more and better in 2014. It is more confident about its prospects and its ability to improve profits. Headcounts, too, have a better chance of growing.
Auditing firm rotation, financial reporting and independence
Competition and choice in the audit market
Personal loans market in Poland
While information security risks have evolved and intensified, security strategies – historically compliancebased and perimeter-oriented – have not kept pace. In this situation approach to security, which the main purpose is traditionally meet the requirements of regulation, is no longer sufficient.
European Markets Infrastructure Regulations (EMIR) introduces a sets of core obligations for derivative counterparties, aimed at increasing transparency and decreasing counterparty credit risk.
Among the areas of support within the public infrastructure, the building of good quality national roads was defined as a priority. More than EUR 10bn of EU funds under the financial perspective for the years 2007-2013 was allocated to achieve this objective. To implement this plan well-thought-out changes needed to be introduced as well as building efficient mechanisms both at state level and on the market.
The research study “Identifying and reducing corruption in public procurement in the EU” has been commissioned by the European Commission, represented by the European Anti-Fraud Office (OLAF), and conducted by PwC EU Services and Ecorys, with the support of the University of Utrecht between March 2012 and June 2013 on behalf of the European Commission.
Third edition of PwC survey. The report summarises a survey conducted by PwC on executive remuneration at key listed companies in 2012. Its key findings cover trends in executive compensation and changes in both the structure and level of the remuneration package that occurred between 2011 and 2012.
PwC, REAS and CMS Cameron McKenna present a report on the prospects for the development of the institutional rental market. Rental housing owned by institutional investors in Poland may be a relatively new and still undeveloped segment, but it will become increasingly important.
PwC advisory as well as tax and legal services teams together with Oil and Gas Institute prepared a report on Polish petrochemical market. The report consist of five articles written by PwC experts.
Investing in Poland contains information on macroeconomic conditions and outlook for Poland, as well as key data, analysis and contact details for all 16 of Poland's voivodships and all of its major cities. It also includes detailed information on Poland's special economic zones and technology parks, as well as the “Trendbook” section, which analyzes trends shaping Poland's business environment. This year, topics include investment in Africa, consolidation in the banking market, changes in the pharmaceutical sector, investment in “smart city” solutions, increased spending on R&D, and many others.
The markets of Central and Eastern Europe offer attractive potential for internationally minded businesses. Each of the markets has something to offer, yet is characterised by different levels of development.
This publication provides an illustrative set of consolidated financial statements, prepared in accordance with International Financial Reporting Standards (IFRS), for a fictional manufacturing, wholesale and retail group (IFRS GAAP plc).
IAS 34, ‘Interim financial reporting’, prescribes the minimum content for an interim financial report, and the principles for recognition and measurement. Interim financial statements can comprise complete or condensed financial statements.
This disclosure checklist outlines the minimum disclosures required by IAS 34, ‘Interim financial reporting’, and other IFRSs published by the IASB up to and including March 2013 insofar as they affect interim reports.
Probably, what made the biggest impression on the readers of the 2012 Report were the figures. The level of capital expenditure necessary in the energy sector was estimated at PLN 170 billion within a 10-year horizon. This amount stimulated the imagination and expectations of potential beneficiaries of the investment process.
PwC’s annual global survey of online shoppers debunks the conventional wisdom about online consumer behavior.
Audit, the Big Four, and European Commission proposals
Audit, independence, regulations, and business services
Audit, independence, and integrity
Governance, transparency and the audit committee
What are the best bets for investment and development across Europe in 2013? Based on personal interviews with and surveys from more than 600 of the most influential leaders in the real estate industry, this forecast will give youthe heads-up on where to invest, what to develop, which markets and sectors offer the best prospects, and trends in capital flows that will affect real estate. A joint undertaking of PwC and the Urban Land Institute, this tenth editionof Emerging Trends Europe is the forecast you can count on for no-nonsense, expert insight.
Poland has become a relative winner of the global financial crisis and may now, in the post crisis years, offer a product which has lately been in short supply - economic stability. Numerous companies which until lately have not seen Poland as priority investment location started to take serious interest in the Polish market.
The results of the corporate treasurers survey confirm how crucial is a critical balance between protecting their businesses against significant risks and ensuring that they are also positioned to support business growth particularly in emerging markets.
An in‑depth report from PwC and Baker & McKenzie on cross‑border IPO trends. We have worked together to understand the landscape and consolidate our opinions with other market participants. This has allowed us to present a view on what we believe are important factors for a successful cross‑border IPO and how we expect the landscape to develop in the short‑to medium‑term.
Investment climate and the economic potential of regions, the characteristics of Special Economic Zones and Technological Parks and a forecast of regional development.
The report summarises a survey conducted by PwC on executive remuneration at key listed companies in 2011. Its key findings cover trends in executive compensation and changes in the both structure and level of the remuneration package that occurred between 2010 and 2011.
PwC Energy Group oil&gas team once again took part and prepared a set of articles to The Polish Petroleum and Natural Gas Market Report co-prepared with The Oil and Gas Institute.
As the new wave of the global financial crisis approaches, Central and Eastern European (CEE) countries once again have serious challenges to face. The strong economic and financial links with Western Europe make the situation even more difficult.
Our latest research paper- ‘Making executive pay work: The psychology of incentives’ - based on research conducted in conjunction with the London School of Economics and Political Science, looks at how over 1,100 senior executives from around the world, including Poland, perceive risk and value in incentives. The analysis highlights some of the problems with current incentive models and highlights some guidelines for effective incentive design.
Risk-taking has always been an inherent part of business, and the more risks you take, the more you stand to win or lose. This fundamental tenet hasn’t changed. What has changed is the quotient of risk needed to deliver the target reward.
Gas-fuelled power generation perspectives in Poland - second edition of PwC-ING report on financing of power generation investments.
In spite of the significant progress observed in the transformation period, there is still a large development gap between Polish and Western European cities. In our report, we attempt to provide approximate calculations of the scale of investments which would need to be done so that in twenty five years – by 2035 – Polish cities were able to achieve a similar level of saturation with urban infrastructure to levels currently observed in cities of Western Europe and to provide their inhabitants with comparable living and business conditions. The year 2035 was selected symbolically – after the 23 years of Poland’s economic transformation (since 1989), it means another 23 years of chasing Western Europe in terms of economy.
The Quantitative Impact Study of Basel III requirements on the Polish banking system (PLQIS) was carried out by PwC Poland under the auspices of the Polish Banks Association (Związek Banków Polskich – ZBP) in the period from August to November 2011, based on consolidated data of banks as at 30.06.2011
PwC recently partnered with Duke Offshoring Research Network (ORN) on an important piece of research into the global offshoring and outsourcing service provider industry.
Deal values had been heading back towards those seen around the 2006-7 peak of M&A activity. As we enter 2012 they are nearer the credit crunch lows experienced in 2009. Two important confidence factors – economic growth signals and the regulatory treatment of recent big US deals – will hold the key to the timing and extent of 2012 deal flow.
Based on personal interviews with and surveys from more than 600 of the most influential leaders in the real estate industry, this forecast will give you the heads-up on where to invest, what to develop, which markets and sectors offer the best prospects, and trends in capital flows that will affect real estate.
The pace of development of Poland’s information society and ever growing number of Internet users who surf the web looking for information on products and services make on-line sales channel implementation more a necessity than just innovation.
Second edition of PwC survey. The report summarises a survey conducted by PwC on executive remuneration at key listed companies in 2011. Its key findings cover trends in executive compensation and changes in the both structure and level of the remuneration package that occurred between 2010 and 2011.