Image : KPRM/Flickr

Sejm debates no confidence vote

Poland’s lower house of parliament held a debate on Wednesday regarding the planned vote of no confidence against the government and against Interior Minister Bartłomiej Sienkiewicz. It is already known that both coalition parties will support the government and that left-wing MPs will abstain from ...
Kapelanka 42 (2)_Skanska for web

Locked content Skanska completes office scheme in Kraków

Developer Skanska has delivered building B of the Kapelanka 42 office scheme in Kraków, featuring 11,200 sqm of leasable space. The entire complex comprises two buildings, it total offering 30,000 sqm of office space. Each of the buildings in the complex will have 9 storeys above ground and 3 underg...

Locked content FMCG retail down by 3.5% in June

Retail trade in FMCG stores fell by 3.5 percent year-on-year in June, according to estimates from the Polish Trade Chamber (PIH). In month-on-month terms it fell by 4.2 percent. “The decline is partly due to deflation observed during the summer months of this year,” said Joanna Chilicka from PIH. It...

Locked content Almost 60 people recorded on illegal tapes

Almost 60 people have been illegally recorded on tapes that have been the center of a major scandal in Polish politics, prosecutors said during a sitting of the special services committee of the Sejm. Not all of the 60 people have decided to take legal action, the committee’s chairman Zbigniew Sosno...

Locked content Two small planes crash near Radom

Two small airplanes crashed into each other near Radom in central Poland on Wednesday, according to a report from Polish Radio. Two people were killed and two were injured. One of the planes fell into a water basin in Wsola near Radom, the other crashed in Jedlińsk, another nearby town. This was the...

Locked content EC demands return of €5.84 mln from Poland

The European Commission said on Wednesday that Poland should return €5.84 million out of received funds from Common Agricultural Policy. The EC said that the correction results from the “lack of selection criteria for evaluating the projects.” The demand toward Poland is part of a bigger EC ruling, ...
Image : Warsaw Stock Exchange

PwC: WSE lags behind European stock markets

The Warsaw Stock Exchange hosted only six IPOs in the second quarter of 2014, three on the main market and three on NewConnect. With total IPO value at €89 million, the WSE is behind a stock market revival in Europe, PwC said in the latest edition of its IPO Watch report.

Image : LOT Polish Airlines

EC may soon approve aid for LOT

EU competition commissioner Joaquin Almunia said on Wednesday that he expected a positive decision to come soon regarding the state aid issued to LOT Polish Airlines.

Locked content Bankruptcies down by 1.8% in Q2 – KUKE

There were 224 bankruptcies recorded in Poland in the second quarter of 2014, according to data from the Export Credit Insurance Corporation (KUKE) quoted by ISBnews. The figure was 1.8 percent lower than in the corresponding period of 2013. In June alone, 76 companies were declared bankrupt, reflec...

Locked content Altus TFI to debut on WSE on Friday

Shares in investment  fund manager Altus TFI will start trading on the Warsaw Stock Exchange on July 11, the company said in a statement quoted by the Polish Press Agency. Altus TFI company raised PLN 141.36 million from a new share issue. Another PLN 19 million was generated from the sale of existi...