Locked content Constructor of gas terminal warns of a walkout

Saipem, the Italian constructor of the Świnoujście gas terminal, has asked for an annex to the contract with the Polish Ministry of the Treasury. They claim to require more money for construction work on the terminal and will leave the construction site if their demands are not met. Minister of the ...

European court rules against Poland in CIA prisons case

The European Court of Human Rights in Strasbourg has announced a judgment regarding Poland’s violation of the European Convention on Human Rights. The judgment concerns allegations that include the incarceration and torture of CIA prisoners on Polish territory.

Locked content Kompania Węglowa will build new power plant

  Coal mining company Kompania Węglowa has come to terms with Mitsui to build a new power plant in the town of Wola in Silesian Voivodship. The construction is to begin in 2016 and the entire project will cost PLN 6 billion. This will be the first investment in Poland utilizing “project f...

Locked content Mennica Polska buying up Netia shares

Coin and numismatics firm Mennica Polska, a company from the capital group of well-known businessman Zbigniew Jakubas, is buying up shares in telecom group Netia, Mennica’s CEO Grzegorz Zambrzycki told Parkiet. Mennica Polska has been buying the shares at PLN 5.49-5.50 apiece, which is more than the...

PKP Cargo enters Lithuanian railroads

Poland’s largest railway freight operator PKP Cargo has obtained regulatory approval for operations in Lithuania, the company said in a press release on Thursday. This will be the eight EU country that the company will be present in.