Locked content Russia to ban transit of EU foodstuffs?

Poland has received signals that Russia’s embargo on agricultural produce from Western countries could be extended to transit, Deputy Prime Minister and Economy Minister Janusz Piechociński said on Wednesday. “We are receiving the first indications that Russia’s customs and other authorities a...

Locked content Monnari to extend its commercial area

Clothing firm Monnari Trade plans to increase the commercial surface of its stores and improve the profit margin, the company’s CEO Mirosław Misztal said on Wednesday. New 11 stores should be open end 2014, with several more introduced in 2015. Thanks to increasing the commercial space Monnari...

Locked content IKEA predicts further growth in Poland

Swedish furniture industry mogul IKEA plans to increase its turnover on Polish market eight-fold by2034, Katarzyna Balashov of IKEA Retail Poland told Newseria. Currently, IKEA’s turnover amounts to PLN 2 billion per annum. In H2 of 2015 IKEA plans to open a new store in Bydgoszcz, in addition to ex...

Locked content Coal output and sale decreased in H1 2014

Poland’s Ministry of Economy, in its quarter report, informed that coal output in H1 of 2014 decreased by 2.8 million metric tons and currently amounts to 34.105 million tons. The sale of coal decreased by 4.3 million tons, amounting to 31.845 million tons. In addition, in H1 of 2014 coal reserves i...

Locked content Ministry: No Poles fighting in Ukraine

Poland’s Ministry of Foreign Affairs has dismissed press reports of alleged Polish mercenaries fighting in eastern Ukraine. “Information available to us does not corroborate such allegations,” spokesperson Marcin Wojciechowski wrote in a statement. “Under Polish law, anyone serving in foreign milita...

Locked content Belarus resumes cattle imports from EU

Poland’s eastern neighbor Belarus has reopened its market for EU cattle, including Polish animals, spokesman of the Veterinary and Food Inspection Department of Belarusian Ministry of Agriculture told the BelTA agency on Wednesday. In 2012 Belarus introduced an embargo on big and small cattle, e.g. ...

Locked content More mortgages in 2014

In Q2 of 2014 banks gave 45,499 mortgages, the total amount of which exceeded PLN 9.5 billion. It indicates growth of 8.48 percent in terms of volume and 8.17 percent in terms of value in a quarter period, says a report from AMRON-SARFIN. According to the Polish Bank Association, the current year wi...

Locked content Złoty in a stable postion

The Russia-Ukraine conflict have already started to influence fluctuations of the European currencies.  The złoty, however, is not predicted to lose its current value any more, conversely to the currencies of the countries from Central Europe like forint or Czech koruna. Michał Stajniak, DM X-Trade ...