Locked content Over 1 mln used cars imported to Poland in 2016

Poles imported over 102,000 used cars in November of 2016, the highest number since July 2008 and app. 20 percent more than in October, according to Gazeta Wyborcza. Between January and November of 2016, Poles imported 903,0000 used cars. The number for the entire 2016 may well have exceeded 1 milli...

ROBYG Group contracted 2,957 units in 2016, an increase of 27% y/y

In 2016 ROBYG Group contracted a record number of 2,957 units net (after cancellations) in Warsaw and Gdańsk – a growth of 27 percent compared to 2015. The developer accomplished the plan assumed for 2016 to sign 2,600 signed contracts significantly above the expectations of the Board. In Q4 alone t...

Locked content Pensions only for 15 years of work or more

Poles will have the right to receive pension only if they have been working for 15 years or more, according to a list of recommendation to the pension system reform the government has been preparing in line with its campaign program, daily Gazeta Wyborcza reported. Prime Minister Beata Szydło has su...

Locked content Gov’t tightens control over KGHM, Azoty

The Ministry of Energy will supervise Polish mining giant KGHM in 2017, while chemical producer Azoty will be under the guidance of the Ministry of Finance and Development. Henryk Kowalczyk, the head of the Ministerial Cabinet, made the announcement during a press conference. “Generally, companies w...

Locked content GM to pay higher wages to Polish employees

Trade unions representing Opel workers and General Motors Manufacturing, Poland have negotiated raises for employees at the Gliwice plant for the period between 2017 and 2020, according to a report by the Silesia Solidarity trade union. According to the agreement, the basic wages of employees of the...

Archicom trumpets 2016 apartment sales

Warsaw Stock Exchange-listed developer Archicom sold 942 apartments in 2016, which marks a 54 percent increase upon the previous year. This is the best annual sales result in the whole history of the company, the developer said in a press release.

Locked content Grant competition aims to increase innovation

Micro-sized, small and medium companies in Pomorskie will be eligible to apply for EU grants worth PLN 66.5 million in 2017, the Pomorskie Voivodeship Development Agency stated on Tuesday in a press release. Winning companies are eligible for up to PLN 1 million in support, each. The call for compet...

Poland increases its lead in poultry exports

In 2016, Poland, EU’s leading meat poultry exporter, increased its lead over its neighbors even further, according to the Ministry of Agriculture and industry experts. Just over 800,000 tons of poultry meat were exported during the period between January and November of 2016, which was a 17 percent ...

Locked content Enter Air and TUI partner up

Polish charter airline specializing in vacation getaways Enter Air, and travel company TUI entered into an agreement which will see them team up during the upcoming tourist seasons of Summer 2017 and Winter 2017/2018, the company said in a press release on Tuesday. The estimated value of the contrac...