Locked content ATC Cargo extends Ikea cooperation with PLN 65 mln contract

Logistics company ATC Cargo has prolonged its cooperation with Ikea until April 15, 2019, the company said in a statement. “The estimated value of the contract in the period to April 15, 2019 is PLN 65 million,” the statement read. “(…) the board’s further cooperation w...

Locked content Rafako loses 128 employees

As part of a Voluntary Leave Program (VLP), 128 employees have left boiler producer Rafako. In connection with the costs of the program, there was a provision of approx. PLN 7.7 million, which will affect the financial result for 2016, the company said. In November last year, Rafako decided to launc...

Locked content GUS: Wages increased by 3.8 percent since last year 

The average monthly gross salary in businesses that employ more than nine people in 2016 amounted to PLN 4,277.03, which represents an increase of 3.8 percent compared to 2015, the Central Statistical Office (GUS) reported on Tuesday. GUS said that wages increased the most in accommodation and food ...

Locked content LOT to get more Dreamliners  

Polish national airline LOT is to lease three new Boeing 787-9 Dreamliners, the company announced on Tuesday. Under the terms of the contract with Aviation Capital Group, LOT Polish Airlines will receive the first of three new Boeing 787-9 Dreamliners in March 2018. “The Dreamliner 787-9 can c...

Locked content BGK – no more applications for 2017 MdM subsidies

On February 1, Bank Gospodarstwa Krajowego (BGK) suspended applications for subsidies under the government’s “Apartments for the Young” (MdM) program for 2017. BGK said that the total amount of financial support resulting from the requests of buyers for 2017 reached the equivalent of 95 percent the ...

Locked content MF: Budget deficit at PLN 46.3 billion in 2016

The state budget deficit in 2016 amounted to PN 46.3 billion, which was 84.6 percent of the amount planned in the budget, the Ministry of Finance reported when presenting its preliminary estimates. The state budget deficit was higher by PLN 3.7 billion in relation to the deficit for 2015 (PLN 42.6 b...

Locked content Free public transport for school children in Warsaw from September

“We want students from primary and secondary schools to be able to make free use of public transport from September,” the Warsaw authorities announced on Tuesday. Free travel will become available to more than 150,000 students, which would result in the proceeds from ticket sales dropping by PLN 13 ...

Locked content Eurostat: Unemployment in Poland fell to 5.9% in December 2016

The seasonally-adjusted unemployment rate was 5.9 percent in December 2016, compared to 6 percent in the previous month, the EU statistical office Eurostat reported on Tuesday. Across the EU, the unemployment rate in this approach amounted to 8.2 percent in December. Eurostat measures the harmonized...

Locked content Sii Poland to increase employment by 400 this year 

IT and engineering services and solutions provider Sii Poland is planning to enlarge its team by nearly 400 professionals this year, the company said. It currently employs 2,700 experts in eight branches in Poland. “The fastest growing markets in IT in the past year proved to be in Warsaw, Gda...