Locked content BOŚ bank issues bonds worth PLN 150 mln

Lender Bank Ochrony Środowiska (BOŚ)  said on Friday that it has issued subordinated bonds worth PLN 150 million. The securities have a five-year maturity period. The bonds were issued with a face value of PLN 1,000 each, equal to their issue price. BOŚ said that the goals of the issue were to impro...

Locked content Yareal to launch new office project in Warsaw

Developer Yareal is carrying out preparatory work for a new office project in Warsaw, Propertynews.pl reported. The scheme, to be located on Aleje Jerozolimskie in the capital, will offer 11,000 sqm of GLA. Construction work on the project is due to start early next year, Yareal has said. The develo...

Locked content Belka: NBP must contribute to law on central bank

The new version of the law on the National Bank of Poland should not hamper the scope of competence of the Monetary Policy Council (RPP), central bank head Marek Belka said in an interview for Obserwator Finansowy. The NBP issued a statement on Friday saying that the RPP and the central bank’s manag...

Locked content Korwin-Mikke slaps Boni in the face

Controversial Polish right-wing MEP Janusz Korwin-Mikke slapped MEP and former Administration and Digitization Minister Michał Boni in the face on Friday. The incident took place at a meeting for Polish MEPs hosted by the Polish Ministry of Foreign Affairs. Korwin-Mikke said that he had fulfilled a ...
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Sejm against dismissing interior minister

Poland’s lower house of parliament rejected the second no confidence motion filed by opposition party Law and Justice, this time against Interior Minister Bartłomiej Sienkiewicz. The minister got 235 votes in support, while 213 MPs voted in favor of the motion.

Locked content Altus TFI plans acquisition this year

Investment fund manager Altus TFI would like to take over a market peer with PLN 3-5 billion in assets before the end of this year, the company’s CEO Piotr Osiecki was quoted as saying by ISBnews. “We may even spend all of our IPO proceeds on this deal,” Osiecki said at a press conference on… ...
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E-cigarette industry flourishing in Poland

They are hip, cool and trendy! Electronic cigarettes are gaining in popularity, but health experts worry about the dangers they may pose. Nevertheless, the market for e-cigarettes is growing and they are becoming the talk of the town in Warsaw

Locked content Twitter to sell ads in Poland

Social media giant, Twitter signed the agreement with 140 Media ad agency to sell advertisements to Polish companies. 140 Media will offer every commercial option, Twitter has in its offer, including “promoted tweets, trends and accounts” and has exclusive rights to sell social media giant’s ads in ...
Image : KPRM/Flickr

Government survives no confidence vote

Poland’s lower house of parliament rejected a no confidence motion against the government of Prime Minister Donald Tusk during a vote on Friday. Only 155 MPs supported the motion filed by Law and Justice (PiS), while 236 were against it and 60 abstained from the vote.

Locked content Two bidders for bankrupt Avans

Two bidders, including Media Expert, have filed offers for bankrupt firm Domex, the owner of the Avans household appliances retail network. The second is Media Saturn Holding, Rzeczpospolita reports. The bidders are interested in the best store locations, but the bankruptcy would like to sell the wh...