Daily Archives: August 28, 2014

Locked content Polish Post prepares for bourse debut

August 28, 2014 Poland AM
State-owned postal operator Polish Post is preparing for future WSE listing and major investments, the company’s CEO Jerzy Józkowiak told the Polish Press Agency in an interview. “We have been doing analyses regarding the planned listing our shares for several months,” Józkowiak said. “We assume tha...

Locked content ARP to invest into start-ups

August 28, 2014 Poland AM
The state-owned Industrial Development Agency (ARP) will spend PLN 80 million annually on investment into start-ups, Treasury Minister Włodzimierz Karpiński was quoted as saying by ISBnews. Poland should develop its innovation potential, Karpiński said, and the ARP will be a tool for that. In his op...

Locked content CBOS: Tusk unwanted as Prime Minister

August 28, 2014 Poland AM
The number of Poles accepting Donald Tusk as Poland’s Prime Minister is 26 percent, according to a CBOS survey conducted in August. It is the lowest score since January 1, 2014. According to the survey, 60 percent are negative about Donald Tusk as PM. This is 5 percentage points more than in July. S...

Kiev claims Russian forces have entered Ukraine

August 28, 2014 Main News
“I have made a decision to cancel my working visit to the Republic of Turkey due to the sharp aggravation of the situation in Donetsk region… as Russian troops were actually brought into Ukraine,” Ukraine’s President Petro Poroshenko said in a statement.

Locked content Polish companies lead in CEE

August 28, 2014 Poland AM
According to a report from Coface, published by Dziennik Gazeta Prawna daily, Polish companies are the leaders among the biggest companies in Central-Eastern Europe. The lone leader in the above mentioned region is Polish PKN Orlen which specializes in oil processing and distribution. Although the c...

EC to support dairy producers

August 28, 2014 Economy, Main News
In order to support the European dairy sector, European Commission plans to subsidize the private storage of butter, skimmed milk powder (SMK) and selected types of cheese, an EC press release said on Thursday. The subsidy value is said to be €10-20 million.

Locked content Power bourse wants to recycle electrical waste

August 28, 2014 Poland AM
Polish Power Exchange, a company owned by the Warsaw Stock Exchange, wants to change the process of utilizing electrowaste, Puls Biznesu reports. Poland has to meet the EU goal of utilizing 35 percent of its electrowaste by 2016. Current statistics suggest that this level has already been achieved t...

Locked content J.W. Construction raises PLN 110 mln

August 28, 2014 Poland AM
Property developer J.W. Construction said on Thursday that it has completed a rights issue worth almost PLN 110 million. Investors purchased 34.79 million C-series shares out of the offered 40.55 million. The company said that the issue proceeds would be used to finance existing and planned property...