The Sierra Gorda mine in ChileImage : KGHM International

KGHM: first production at Sierra Gorda this month

Poland’s copper and silver mining giant KGHM expects the first volumes of copper concentrate to come out of its Sierra Gorda mine in Chile this July, the company’s CEO Herbert Wirth was quoted as saying by the Polish Press Agency.

Locked content EU resolution to fight youth unemployment

Over 500 European parliamentarians voted for a resolution that would funnel resources into fighting youth unemployment in European countries. Unemployment of young adults in EU countries has reached an average of 23 percent, the highest rate ever. Within the EU, 5.3 million people below the age of 2...
Image : shutterstock

Half billion PLN in losses due to agricultural piracy

In the last four years, Poland’s national budget might have lost as much as half a billion PLN due to illegal use of state-owned farmland. The Supreme Audit Office (NIK) has released a report regarding agricultural piracy, which concerns appropriation of state-owned land and collecting subsidies fro...
Image : Shutterstock

Alumetal plans production in Hungary

Aluminum products maker Alumetal plans to launch a factory in Hungary, the company’s CEO Szymon Adamczyk was quoted as saying by the Polish Press Agency. The firm wants to obtain a PLN 30-35 million EU subsidy for the purpose.

Locked content Public opinion pessimistic on economy trend

The Centre for Public Opinion Research (CBOS) published the latest figures for public opinion regarding the Polish economy. The research institution showed that 60 percent of Poles see the economy as going in the wrong direction. In a research survey that took place on the 3-9 July, a randomly selec...

Locked content Production in construction up by 6.8% – Eurostat

In May, seasonally adjusted production in the construction sector rose by 6.8 percent year-on-year in Poland, according to data released by the EU’s statistics office Eurostat on Thursday. In month-on-month terms it declined by 3.9 percent. Throughout the EU production in the construction sector gre...
shutterstock_102029467 PHARMA BEAKER TEST TUBE for web

Deloitte: 47% of Polish firms want to spend more on R&D

As many as 47 percent of Polish companies are planning to increase their R&D spending over the next two years according to a report by advisory Deloitte. The average for companies in the entire Central European region for the same time period is 41 percent. When asked about their five-year inve...

Locked content HICP inflation at 0.3% in June

HICP inflation in Poland amounted to 0.3 percent year-on-year in June, according to a data release published by the EU’s statistics office Eurostat on Thursday. In month-on-month terms prices remained unchanged. Throughout the EU inflation was 0.7 percent y/y and 0.1 percent m/m in June. In the euro...