Search results for: INVESTMENT PROCESS
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Shaping Place Identity through Interaction on the Example of the European Solidarity Centre in Gdansk
PublicationThe article presents process of shaping place identity on the example of an important for Pomerania region investment - European Solidarity Centre. The realization of the European Solidarity Centre aims to be one of the essential elements of shaping Gdańsk’s identity of space. The article is an attempt to analyse how the presence of realization gradually affects the formation of the place identity of new urban space. Analysis...
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Analysis of Investments in RES Based on the Example of Photovoltaic Panels in Conditions of Uncertainty and Risk—A Case Study
PublicationThe aim of this study is to examine the profitability of investment in a photovoltaic microinstallation, to analyze the impact of legal changes on its profitability, and to perform a sensitivity analysis of the investment profitability to energy price changes. The novelty of the research applies to the financial analysis of two legal systems of discount called net-metering and net-billing. The two systems and the change in energy...
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The impact of environmentally friendly refrigerants on heat pump efficiency
PublicationThis paper discusses the issue of heat pump simulation. Lower operating costs can be achieved through good equipment design and appropriate operation. Detailed technical and economic analysis inform the selection of system components with the highest possible efficiency and lower energy demand. The use of systems based on environmentally friendly refrigerants can deliver long product life, which is associated with a shorter payback...
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Poland's economic relations with Kazakhstan
PublicationBefore 2019, economic relations between Poland and Kazakhstan were regulated by 22 international agreements. Poland has been trading with Kazakhstan since the 1990s. Overall, Kazakhstan had a positive trade balance with Poland, with the exception of the 1996–1998 and 2006–2007 periods. Polish foreign investment in Kazakhstan was not very impressive; the first investments started only in 2005. In 2019, about 200 companies with Polish...
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Analiza skuteczności wybranych strategii kontrariańskich na warszawskiej GPW w latach 2014–2018
PublicationCapital multiplication is the main goal of investors and for many years they have been looking for methods and strategies that would enable them to achieve it to the greatest possible extent. Due to the fact that the expectations and characteristics of investors, including those concerning the investment period, are diverse, multiple strategies have emerged. One of such strategies, mainly long-term in nature, is the so-called...
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ISSUES OF ECONOMIC ANALYSIS OF ELECTRIC ENERGY GENERATION IN A FLOATING POWER PLANT
PublicationThis article presents basic dependences for conducting a technical and economic analysis related with investment projects. It describes a combined system of a compression ignition engine and a steam turbine, whose aim, when placed on a floating platform, is to generate electric energy in the so-called distributed generation system. Such a system involves a reciprocating internal combustion engine and a connected steam turbine system...
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Market Regeneration in Line with Sustainable Urban Development
PublicationThis article presents the study of the optimal design solutions for regeneration of marketplaces. It examines the design variants for the revitalisation of the marketplace, in particular, investment in their modernisation in order to find the most optimal model for transforming these public spaces to have a significant impact on the city’s development. The research is a comparative analysis of the implementation of regeneration...
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Individual investors willingnes to invest in ESG in Poland survey results
Open Research DataThis dataset encompasses Polish citizens, including those being retail investors, attitude toward climate change and ESG investment. Dataset of two waves of the omnibus survey which provides representative database for Poland for February 2021. A specialized polling institute, was subcontracted to conduct the survey using Computer-Assisted Web Interviewing...
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Distribution of population by tenure status, 2015 (% of population)
Open Research DataFactor affecting the attractiveness of property market in terms of investment, especially of housing, is the ratio of the number of dwellings owned by the population .In 2015, more than a quarter (26.9%) of the EU population lived in their own housing with credit or mortgages, while over 42% occupied their own residential units without credit or mortgages....
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Polish FDI in Central Asian Countries
PublicationSince gaining independence, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan gradually opened their markets to foreign investors. Before Poland’s accession to the European Union, the activities of Polish investors in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan were based on bilateral treaties concluded by Poland with those countries. Later, except Turkmenistan, they were governed by the partnership...
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Technical and Economic Analysis of an Intermediate Size Photovoltaic Power Plant. Case Study
PublicationThe article presents an analysis of the construction of a photovoltaic power plant with an installed capacity of about 30 kW. The principles of selecting the basic elements of the plant are shown. The impact of a high constant price on the profitability of the project is highlighted. The article also describes the existing mechanisms for subsidizing the investment.
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Trade in value added of countries involved in TTIP: EU-USA comparison
PublicationThe aim of this paper is to present key facts concerning trade in the value added of those countries participating in the Transatlantic Trade and Investment Partnership (TTIP). In particular, we describe how involvement in global production networks (GPN) varies across EU countries with respect to the United States.
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Pre-feasibility study for treatment wetland application for wastewater treatment in dispersed development
PublicationThe aim of the paper is to present the conducted analyses of pre-feasibility study of different approaches for wastewater management in a settlement of 180 persons. In the assessment both technical and economic aspects were analyzed. The costs were calculated for three different and, at the same time, most popular as well as possible technical solutions like: (i) construction of local wastewater treatment plant with gravitational...
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The Impact of Covid-19 on the Performance of Exchange Traded Funds on Developed and Emerging Markets
PublicationIn this paper an endeavour was made to evaluate the impact of Covid-19 on the achievement of the investment objectives by selected ETFs in developed and emerging markets. For this purpose, the tracking errors calculated for 18 different ETFs operating on the basis of American, Asian and European stock indexes were analyzed. The time range of the research was selected in such a way as to compare the period before the pandemic(pre-Covid)...
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URBAN MENTORING JAKO NOWA TECHNIKA WPRÓŁPRACY W PROCESIE PLANOWANIA PARTCYPACYJNEGO
PublicationW 25 lat od powrotu demokracji opierającej się o neoliberalny paradygmat rozwoju kraju, Polska przyjęła Krajową Politykę Miejską 2030. Wraz z ustawą o rewitalizacji w nowoczesny sposób określa ona pole współpracy władz samorządowych i administracji z mieszkańcami, przejście do drugiej fazy rozwoju społeczeństwa demokratycznego – mieszkańców współgospodarzy przestrzeni miast. Powolna ewolucja tej relacji, silnie obarczonej dziedzictwem...
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Bilateral power supply of the traction network as a first stage of Smart Grid technology implementation in electric traction
PublicationSince 2001, trolleybus system in Gdynia has been involved in many activities related to the reduction of power consumption, both in terms of implementation and research and development. In PKT, in cooperation with SESTO company, started applications of Smart Grid technologies in supply network: the bilateral supply. The paper presents results of this this novel investment.
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General grants and development – a relationship without a future? The effects of the structure of general grants on the development of local government units in Poland
PublicationThe purpose of this paper is to attempt to identify the reasons for the lack of relationship between general grant revenue and investment expenditure of local government units. The author formulated the hypothesis that there is no link between general grants and investment expenditure and that the reason for this are the current spending on education, absorbing the entire amount of general grants received by local government units....
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The rigid and flexible road pavements in terms of life cycle costs
PublicationThe cost of road pavement construction, its durability and reliability depends on many factors, including: the scope and detail of the technical design, quality of work but also the scope of works related to its maintenance, conservation and operation. Determining the amount of rational expenses, in terms of the life cycle cost of the pavement, requires determination and consideration of the above issues, already at the planning...
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Share of the wage factor in national income – selected aspects
PublicationThe aim of this study is to examine changes in the share of the wage factor in national income, in selected EU countries against labour productivity and investment rates reflecting changes in capital-labour relations, indicated by researchers as determinants of change of the share of the wage factor in national income. The scope of the study includes a review of literature devoted to the issue of wage factor share in national income...
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Balkan Stock Exchanges – Consideration of the Length of the Estimation Window in Similar Markets
PublicationPurpose: We study if capital markets in the Balkan are closely and positively related in terms of rate of return, risk, efficiency, and maximum cumulative loss in relation to different lengths of the estimation window. Design/Methodology/Approach: The research was carried out for the period from 01/01/2017 to 31/12/2019 using portfolio analysis. It was divided into an estimation window (01/01/2019 to 31/12/2019) and another with...
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Exchange-traded products in Germany: development and substitution of exchange-traded funds, exchange-traded commodities and exchange-traded notes.
PublicationResearch background: Exchange-traded products (ETPs) are one of the most rapidly growing categories of financial products. Their fast development has been boosted by innovative features. Three main categories of ETPs are exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and exchange-traded notes (ETNs). ETCs and ETNs remain least known, even though their number on some stock exchanges is high. In Europe, Germany...
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Transformation of Energy Markets: Description, Modeling of Functioning Mechanisms and Determining Development Trends
PublicationOne of the key contemporary economic and social issues today is the global energy transition. Energy transition processes are having a significant impact on the development of world economies, increasing their TFP and leading to an increase in their level of innovation through the transfer of myriad new technologies. These processes also contribute to an increase in foreign direct investment and, consequently, an increase in the...
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Powojenny rozdział w historii architektury i zagospodarowania portu gdyńskiego
PublicationThe port of Gdynia, considered one of the largest civil construction projects of the 20th century in Europe, was built at an express pace for only a dozen or so years from the mid-1920s to the end of the 1930s. Unusual solutions from the construction period in the port engineering category, as well as outstanding architectural works The industrial area quickly became architectural symbols of economic growth and the general rebirth...
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LEGAL ASPECTS OF ELECTRIC ENERGY GENERATION IN A FLOATING POWER PLANT
PublicationThis paper discusses the characteristics of pollution and legal regulations governing investment projects affecting the environment. It describes a combined system of a compression ignition engine and a steam turbine, whose aim, when placed on a floating platform, is to produce electric energy in a so-called distributed generation system. Such a system involves a reciprocating internal combustion engine and a connected steam turbine...
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Optimizing the parameters of a small standalone hybrid power system
PublicationA hybrid power plant consists of renewable energy resources, an energy storage, a discharge load and an emergency power supply. Power plant parameters are tailored to meet the requirements of continuity of supply, cost minimization, return on investment period and system capacity utilization. The papaer presents the methodology for selecting power plant parameters with a larger number of decision criteria. The task is solved...
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A method for preliminary estimation of the length of midship body block to be inserted during ship’s conversion
PublicationThe paper presents a method for preliminary estimation of the length of the midship body block, which inserted in the original hull, increases the deadweight of the ship in line with a required quantity. The method may be useful for establishing the scope of conversion to better adjust the ship for transportation tasks. The problem is formulated by using a mathematical model so selected that its solution, under set of assumptions,...
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Exchange-Traded Funds in Europe
PublicationExchange-Traded Funds in Europe provides a single point of reference on a diverse set of regional ETF markets, illuminating the roles ETFs can play in risk mitigation and speculation. Combining empirical data with models and case studies, the authors use diffusion models and panel/country-specific regressions—as well as graphical and descriptive analyses— to show how ETFs are more than conventional, passive investments. With new...
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Rapeseed oil methyl ester production in an individual household
PublicationFatty acid methyl esters, commonly known as biodiesel, are a cheap and environmental-friendly fuel substitute for diesel engines. Aside from industrial production, individual biodiesel manufacturing is also and important method of fulfilling the requirements of EU Parliament directive no. 2003/30/WE about supporting the use of renewable fuels in transport. Individual FAME production guarantees easy access to the main raw material...
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Parametric method for evaluating optimal ship deadweight
PublicationThe paper presents a method of choosing the optimal value of the cargo ships deadweight. The method may be useful at the stage of establishing the main owners requirements concerning the ship design parameters as well as for choosing a proper ship for a given transportation task. The deadweight is determined on the basis of a selected economic measure of the transport effectiveness of ship – the Required Freight Rate (RFR). The...
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COMPREHENSIVE MODELLING OF THE COST EFFECTIVNESS OF RAILWAY LINE ELECTRIFICATION
PublicationSubject of this paper is the mathematical model estimating the Economical threshold between usage of combustion engine traction and electrical traction for new and modernized railway passenger communication lines. Currently available models do not coincide with the whole complexity of the problem. The proposed model was implemented into Matlab and then validated on “Pomorska Kolej Metropolitalna” investment time-frame and its cost...
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NETWORKS, STAKEHOLDERS AND ENTREPRENEURIAL ECOSYSYSTEMS IN CURRENT POLISH ECONOMYGUT
PublicationThis book is dedicated to widely understood entrepreneurship and financial system in different polish ecosystems. In particular, there is described influence of supporting entrepreneurship to investment development in Walbrzych agglomerations communes with the results of questionnaires for varied groups of inhabitants, entrepreneurs and territorial self-governments. There is also presented analysis of relations within academic...
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A new approach to cross-bonding in medium voltage cable lines
PublicationThe medium voltage underground cable sheaths are usually bonded and earthed in every substation on the cable route. This results in additional power losses in the sheaths. The paper presents an idea of reducing power losses caused by sheaths cross-bonding. The idea of sheaths cross-connecting only in selected MV/LV substations is given instead of a typical solution, where sheaths cross-bonding requires installing additional joints...
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Parametrical Method for Determining Optimal Ship Carrying Capacity and Performance of Handling Equipment
PublicationThe paper presents a method of evaluating the optimal value of the cargo ships deadweight and the coupled optimal value of cargo handling capacity. The method may be useful at the stage of establishing the main owners requirements concerning the ship design parameters as well as for choosing a proper second hand ship for a given transportation task. The deadweight and the capacity are determined on the basis of a selected economic...
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Analysis of the Application of Horizontal Directional Drilling
PublicationConstruction works are often considered to be very intrusive for the environment. Project designers assume deep excavations, or a complete replacement of the ground within the investment, which sometimes changes the initial conditions drastically. The problem started to appear in places, where the terrain is complicated and the excavation is burdensome. Some of state authorities...
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Landscape, EIA and decision-making. A case study of the Vistula Spit Canal, Poland
PublicationAlthough landscapes are often considered public goods, they frequently receive inadequate attention in Environmental Impact Assessments (EIAs), particularly in Poland. This neglect often leads to visible degradation during investment processes. This article examines the case of the Vistula Spit Canal, currently the largest engineering project under construction in Poland. We analysed whether the conclusions drawn in the EIA report,...
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Superstitions and customs in construction - a contribution to the discussion on the disappearance of this tradition
PublicationConstruction is one of the most important, but also the most extensive areas of the economy. That is why we encounter superstitions and customs related to this discipline of the economy quite often:we blew and repeat them, not even knowing what their origin is and what according to old beliefs resulted in their lack of application. This situation applies in practice to all buildings, including residential buildings implemented...
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The assessment of solar photovoltaic in Poland: the photovoltaics potential, perspectives and development
PublicationThe following article explains the current condition of the photovoltaics sector both in Poland and worldwide. Recently, a rapid development of solar energy has been observed in Poland and is estimated that the country now has about 700,000 photovoltaics prosumers. In October 2021, the total photovoltaics power in Poland amounted to nearly 5.7 GW. The calculated technical potential of photovoltaics in Poland is 153.484 PJ (42.634...
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Human Factors in Nuclear Power Engineering in Polish Conditions
PublicationThe paper “Human factors in nuclear power engineering in polish conditions” focuses on analysis of dynamics of preparing polish society to build fi rst nuclear power plant in XXI century in Poland. Authors compare experience from constructing nuclear power plant Sizewell B (Great Britain) and Sizewell C, which is in preparation phase with polish nuclear power program. Paper includes aspects e.g. of creating nuclear safety culture and...
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ADAPTIVE PREDICTIONS OF THE EURO/ZŁOTY CURRENCY EXCHANGE RATE USING STATE SPACE WAVELET NETWORKS AND FORECAST COMBINATIONS
PublicationThe paper considers the forecasting of the euro/Polish złoty (EUR/PLN) spot exchange rate by applying state space wavelet network and econometric forecast combination models. Both prediction methods are applied to produce one-trading-day- ahead forecasts of the EUR/PLN exchange rate. The paper presents the general state space wavelet network and forecast combination models as well as their underlying principles. The state space...
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Human factors in nuclear power engineering in Polish conditions
PublicationThe paper “Human factors in nuclear power engineering in polish conditions” focuses on analysis of dynamics of preparing polish society to build first nuclear power plant in XXI century in Poland. Authors compare experience from constructing nuclear power plant Sizewell B (Great Britain) and Sizewell C, which is in preparation phase with polish nuclear power program. Paper includes aspects e.g. of creating nuclear safety culture...
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Polish tax reform "Polski Ład" – consequences of introducing changes on the example of selected flat-rate tax forms for micro and small companies
PublicationThis article describes aspects related to the introduction of the latest tax reform in Poland. The changes initiated in January 2022, under the name Polski Ład, concern a wide range of tax changes in Poland. Reform, in a broad sense, is a multidimensional government development program, which is primarily aimed at getting out of the crisis caused by the COVID-19 pandemic and a smooth transition to financing strategic goals in investment...
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The Belt and Road Initiative and export variety: 1996–2019
PublicationThis study examines the association between the Belt and Road Initiative (BRI) and export variety (EV). We propose three hypotheses on how BRI may foster export markets (destinations) or export product lines. The estimates are based on a dataset constructed specifically for this analysis, covering 183 countries and linked with trade data from 1996 to 2019. We apply the instrumental variable (IV) approach in regressions for covering the...
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Does the coordinated development of two-way FDI increase the green energy efficiency of Chinese cities? Evidence from Chinese listed companies
PublicationBased on the evidence from listed company microdata and data from 285 cities in China, this paper studies the coordinated development of two-way FDI (CDFDI) in improving green energy efficiency (GEE). In particular, this paper examines the spatial heterogeneity effects of CDFDI on GEE. The results showed that CDFDI had a positive impact on the GEE of local and surrounding cities. Mechanistic examinations show that the effects...
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Offshoring and outsourcing in Visegrad countries, Advantages and disadvantages.
PublicationOutsourcing and offshoring are getting more and more popular in the “new EU” coun-tries. They constitute very attractive venues for more developed EU countries to outsource or offshore their business activities. Authors of the article have investigated the advantages and disadvantages of locating outsourcing activities in each of the Visegrad (V4) countries. The authors have studied macroeconomic factors based on the reports of...
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Cultural Heritage in Spatial Planning
PublicationThe cultural heritage objects of each country should have a major impact on the development of space. Unfortunately, most often the investment needs prevail and only the most precious historical objects are protected. Thus often a monument is preserved, but its surroundings (which put it in context) are lost forever. This article addressed the issues of cultural heritage in relation to the spatial planning system in Poland. The...
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Growth Orientation of Women and Men Owners of Micro Firms in the Pomerianian Region
PublicationDespite the fact that research on women’s entrepreneurship has been conducted for many years, still many clear answers to questions about the differences between entrepreneurs of both genders are missing. One of the unresolved issues is the performance of women in entrepreneurship. The aim of the study is to investigate the growth orientation of microenterprises operating in the Pomeranian region in Poland and to compare its level...
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Dependence of Power Characteristics on Savonius Rotor Segmentation
PublicationSavonius rotors are large and heavy because they use drag force for propulsion. This leads to a larger investment in comparison to horizontal axis wind turbine (HAWT) rotors using lift forces. A simple construction of the Savonius rotor is preferred to reduce the production effort. Therefore, it is proposed here to use single-segment rotors of high elongation. Nevertheless, this rotor type must be compared with a multi-segment...
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The Energy Potential of the Lower Vistula River in the Context of the Adaptation of Polish Inland Waterways to the Standards of Routes of International Importance
PublicationBased on new policies of the European Union, green technologies are to be mostly considered for power generation. Hydropower generation is one of the essential elements of sustainable energy production. Therefore, specific attention, both economically and technically, needs to be given to this sector of energy production. The Vistula River in Poland is considered an international waterway. The power production potential of the...
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State tax policy and reform tools as a risk of running a business. Case study based on Polski Ład – Polish tax reform
PublicationThe aim of the article is to describe and present the Polish tax reform introduced at the beginning of 2022. Tax changes introduced in Poland had a strong impact on the risk of running a business in Poland because in their assumption they directly changed the rules of running a business. Due to the pace of the introduced changes, as well as the scope of the reform, the new tax law was subject to numerous criticisms of taxpayers...
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Sopot - is it possible to retain the unique image of the city?
PublicationSopot is the best-known seaside resort in Poland. The city is unique with regard not only to its location and natural values, but also its interesting architecture, which dates back to the end of the 19th and the beginning of the 20th century. The relic of that era is the largest in the country number of buildings characteristic for the Northern European seaside resorts. The architecture of historic Sopot is dominated by eclectic...