Why Are Companies Leaving Poland? The Impact of Soaring Energy Prices

Poland’s average wholesale energy price per megawatt-hour in the first seven months of this year was 90 euros, the third highest in Europe after Ireland and Italy. This is a big problem for business. High energy prices mean high business costs. As a result, there have been a number of reports this year of large companies and production plants deciding to leave Poland and moving their production to countries with cheaper energy. This situation affects not only the employees of the closed factories, but also the pockets of consumers, who are forced to pay more not only for electricity, but also for water. Does the government have any idea how to combat overpricing?