Locked content Warsaw Spire on fire

Ghelamco’s flagship office project, Warsaw Spire, currently under construction in Warsaw’s Wola district, caught fire on the sixteen floor of the building yesterday afternoon. Five fire response units were dispatched to the site and managed to extinguish the fire. “It was plastic material on the six...

Locked content Newspaper sales continue to decline

Sales of all Polish daily newspapers declined in year-on-year terms in May, according to data from  from sector monitoring association ZDKP quoted by the Polish Press Agency. Gazeta Wyborcza remained the best-selling quality daily, with 191,913 copies sold in May. The circulation declined by 16.71 p...

Locked content Dragados seals PLN 682.2 mln road contract

Construction group Dragados has signed a contract with the General Directorate for National Roads and Motorways (GDDKiA) to build an expressway for PLN 682.2 million, ISBnews reported, quoting a release from the directorate’s Kielce division. Dragados will be responsible for building 22 kilometers o...

Locked content Kompania Węglowa reaches deal with lenders

Poland’s coal mining giant Kompania Węglowa (KW) has signed a preliminary agreement with bond guarantors on the planned restructuring of the company’s financial debt, KW said in a press release on Thursday. The bond guarantors consortium includes Bank Zachodni WBK, Alior Bank, Bank Gospodarstwa Kraj...
Jerzy Buzek was president of the European Parliament in 2009-2012Image : European Parliament

Poles to head two EP committees

Jerzy Buzek will be head of the European Parliament’s Industry, Research and Energy (ITRE) Committee for two and a half years, MEP’s decided on Thursday. He will be then succeeded by another Pole, Janusz Lewandowski.

Locked content EBRD buys PZU bonds

The European Bank for Reconstruction and Development has announced the purchase of €40 million worth of bonds issued by Poland’s largest insurer PZU. The purchase is part of the Polish insurer’s €500 million debt issue. PZU aims to spend the issue proceeds on increasing its presence in the regional ...
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Samar: Further growth in new car registrations

The number of passenger cars and vans registered in Poland in June amounted to 29,113, according to data from sector research firm Samar quoted by ISBnews. The figure grew by 0.86 percent year-on-year and by 3.81 percent month-on-month.

Locked content Pekaes offers logistics services to Belarus

Pekaes, a logistics services provider, has announced a service for partial load consignments to Belarus. The company states that there is a large interest in the provision of services to the neighboring country, especially from Commonwealth of Independent States clients, while the competition doesn’...

Subsidy for young homebuyers reaches PLN 187 mln

The state-owned lender Bank Gospodarstwa Krajowego (BGK)  has released statistics regarding the government’s program supporting the purchase of new homes by young adults (Apartments for the Youth). In the first half of the current year, a total of 8,237 applications for support have been filed and P...

Locked content Bogdanka extracts 2.02 million tons of coal in Q2

According to a press release from LW Bogdanka S.A., the coal mining company from Eastern Poland, the amount of mined coal reached 2.02 million tons in the second quarter of 2014. This is below the 2.5 million tons result in Q2 a year ago. Bogdanka mine is Poland’s most modern and efficient coal mine...