Ukraine announces embargo on Polish pork

On Monday morning, Ukrainian authorities re-introduced an import ban on Polish pigs, pork meat and products made of it, according to an announcement from the State Veterinary and Phytosanitary Service of Ukraine. The previous embargo had been called off just over a month ago.

Locked content Ciech plans further layoffs

Soda Polska Ciech, a subsidiary of chemical holding Ciech, will lay off 155 people by the end of May 2015, the company has said. The firm said that the layoffs are due to ongoing processes of modernization and restructuring. This should optimize work processes and reduce costs. The Ciech capital gro...

Locked content Large format stores increase share of groceries sold

Large format stores will generate more than half of all grocery sales in 2014. Last year, large format stores accounted for 48.8 percent of food sales. Research firm PMR predicts that this year large format stores will have a 50.9 percent share in food sales. There is a shift in the market from smal...

Locked content Economic growth may lose momentum – BIEC

The forward-looking economic climate indicator calculated by the Bureau for Investments and Economic Cycles (BIEC) inched up by 0.5 points month-on-month in July, according to data quoted by the Polish Press Agency. Though the indicator did grow slightly, it is still below the peak level achieved in...

Locked content PKP Cargo on the lookout for takeovers

Poland’s largest railway freight operator PKP Cargo is in advanced talks on takeovers in the logistics sector, the company’s CEO Adam Purwin told Parkiet. “We are now analyzing several acquisition projects. The talks are at various stages of advancement,” Purwin said. More information will be availa...

Work 2.0 – How technology is upgrading our jobs

People desperately want to know whether technology and machines are going to take work away from them – but this question should be reversed: Who will work in the Digital Age, the world of Work 2.0?

Locked content Bank Millennium profit in line with expectations

Bank Millennium, a unit of Portuguese Millennium bcp, recorded a consolidated net profit of PLN 163.6 million in the second quarter of 2014, the company said in a release on Monday. The result was slightly lower than a consensus compiled by the Polish Press Agency, which stood at PLN 165.8 million. ...