Let’s set ourselves straight for the good. Even if you think everything is rolling in tartarars, it’s only at first sight. Let’s face it. We spent several nights on the Polish tab traidingview.com and the core resource money.pl to catch up with local business trends. Next, just the facts. And let’s start with the good ones.
While the shares of most companies are floating down, the takeoffs have attracted our attention. Medicine has jumped above all – the shares of the leading players in the industry have risen by as much as %120 compared to pre-coronavirus times. Predictably, antiseptics for hands and medical masks have now become consumer goods. The shares of the pharmaceutical company Biomed in Lublin, for example, have become one third more expensive thanks to the pandemic.
As the road to this area has been ordered for ordinary immigrants, so let’s talk better about ours, about the worldly business that is close to people. Here the developers of the online games are located right behind the pharmaceutical companies. The shares of gamer’s offices have jumped by almost 77% in the short period of quarantine. Notice that Boombit and T-Bull are producing games for Android and iOS mobile platforms. It’s time to take a closer look at this industry and, most importantly, at the cute guys who code and paint the game world for smartphones. In the IT field, shots are more than everything.
Missing development companies (their shares have gone up by a third), we suggest that you take a closer look at the agricultural sector – they have a 27.5% increase in shares so far. Connect them with the producers of products whose shares have increased by 20%, and the main business trend for 2020 will be formulated by itself – you always want to eat. This industry is attractive not only for its stable high demand, but also for all government subsidies, the opportunity to work in free economic zones and the ease of recruitment.
The digital technology sector has not shown any serious growth – only an 8% increase in the value of companies’ shares in recent weeks. However, we would not write them off. IT companies are grey cardinals in the market, taking their weight, not their size. Also, you wouldn’t see such small, but oops as high jumpers in fish like online training services in this list. Parents of schoolchildren are not only puzzled by the uninterrupted education of their children, but also buy training courses themselves. Whether they are homesick or thinking of retraining remains a mystery.
As for the victims, the tourism and air transport industries were the ones that got the most out of it. The BBC has already published a comment from the head of the World Travel and Tourism Council, Gloria Guevara, on the impact of the coronavirus pandemic. Her projections for the tourism sector for 2020 are disappointing: a quarter reduction and about 50 million unemployed people who were previously in the travel business. The near future of airlines is also bad: back in February, the International Air Transport Association (IATA) noted that as a result of the Coronavirus outbreak, the airline industry’s turnover fell by $30 billion (the Financial Times reported a loss of $90 billion on 5 March). Already now IATA forecasts that the
global coronavirus epidemic will cost airlines from 63 billion to 113 billion dollars in 2020. By the way, the State Treasury holds a stake in LOT Polish Airlines.
The entertainment sector, of which the catering business is a large part, also has a difficult time. To survive under quarantine conditions, they had to reformat their activities to deliver food and channel their advertising budget to promote the institution’s online menu. Coffee shop owners, who have nothing to deliver, complain that the “to go” format is not in high demand in Poland.
These are the brief results of quarantine measures for the Polish economic market. We hope that this information will help your business choose the right vector for 2020.