Image : Ministry of Regional Development

Bieńkowska to become commissioner – sources

Poland’s Deputy PM and Minister of Infrastructure and Development Elżbieta Bieńkowska will most likely become a member of the European Commission, according to reports from Polish Radio and Polish Television.

Locked content PGNiG and Lotos look for oil in north-western Poland

Gas giant PGNiG and Poland’s second-largest oil company Grupa Lotos have undertaken seismological surveys in north-western Poland looking for crude oil deposits. The surveys are being carried out in Kamień Pomorski and Kaleń license areas, held by PGNiG. The surveys are being conducted by Geofizyka ...

Locked content KNF approves sale of BGŻ to BNP Paribas

KNF, the Polish Financial Supervision Authority, has allowed financial group BNP Paribas to buy shares of Polish Bank BGŻ, the KNF said on Tuesday. At least 25 percent of the joint banks’ shares will be available on the Warsaw Stock Exchange within four years, reports the Polish Press Agency. BNP Pa...
Nowa Stacja
24/7 Communication

Locked content ECC to build shopping mall in Pruszków

ECC Real Estate is set to launch the construction of shopping center called Nowa Stacja in Pruszków, a southern satellite city of Warsaw. The mall, set to launch in 2016, will be the first shopping mall in the area. The mall will feature 25,000 sqm of GLA, housing 120 retail and service units. The E...
Image : NATO

NATO will send more troops to Poland – Polish Radio

The North Atlantic Treaty Organization will send more troops to Poland and other countries on its eastern frontier, according to sources quoted by Polish Radio. Officially, decisions will be made on the alliance’s Wales summit, which starts on Thursday.

Locked content Ruch buys stake in e-Kiosk

Newsstand operator Ruch has acquired a 28.14-percent stake in digital press distributor e-Kiosk from Presspublica in exchange for shares in book and newspaper online retail site Nexto.pl, the company said in a statement on Tuesday. “The investment into e-Kiosk is favorable for Ruch, but it is also g...

Locked content PZU greenlit to take over Link4 from RSA

As of 2 September 2014, the Polish Financial Supervision Authority allowed PZU, Poland’s largest insurance company, to take over the shares of Link4 from Royal & Sun Alliance Insurance (RSA), a company with its registered office in West Sussex, the UK, PZU said on Tuesday. The sale agreeme...

Locked content PPI down by 1.4% in Poland – Eurostat

Industrial producer prices declined by 1.4 percent year-on-year in Poland in July, according to data published by the EU’s statistics office Eurostat on Tuesday. In month-on-month terms, PPI was stable. Throughout the EU, industrial producer prices declined by 1.3 percent y/y and by 0.2 percent m/m....

Locked content Termo-Rex debuts on WSE

Shares in Termo-Rex, a heat treatment and welding company, debuted on the main market of the Warsaw Stock Exchange on Tuesday. The company had earlier been listed on the bourse’s NewConnect market. Termo-Rex did not carry out a new share issue in connection with the debut. In 2013 the company genera...