Locked content WSE down a notch in Thursday trading

The Warsaw Stock Exchange continued on a trend that it has experienced for several months now, as trading was down on Thursday, by 0.11 percent. At the end of the day it closed at 53,650.94 points. However, the MWIG40 increased by 0.42 percent, and ended the day at 4,399.05 points. Meanwhile, the WS...

Locked content Kraków getting new low emissions buses

Special buses, manufactured to comply with European standards for emissions, were delivered to the city of Kraków on Thursday, according to the president of the Municipal Transportation Company of Kraków (the MPK), Rafał Świerczyński. “Of course, [they are] low floor buses, which facilitate use by d...

Locked content Changes in the 500 plus program “not ruled out” – Rafalska

Minister of Labor, Family and Social Services Elżbieta Rafalska hinted on Thursday that she was open to implementing changes in the 500 plus program, which sees families with more than one child receive PLN 500 per month for second and successive children. She was speaking to reporters. “Currently, ...

Locked content Biedronka continues to appeal to budget shoppers

Biedronka increased its sales in 2016, according to Jeronimo Martins, the owner of the retail chain. Consolidated sales were up PLN 44.2 billion, an increase of 6.3 percent, y/y. Q4 sales also increased – at PLN 11 billion they were up 10.5 percent, y/y. Sales of Biedronka in 2016 constituted 66.9 p...

Locked content Smog problems in northern Poland expected to ease

The existence of exceptionally high levels of smog in Pomorskie in recent days should decrease in the coming days as the temperatures moderate, according to the Regional Inspectorate for Environmental Protection in Bydgoszcz and Toruń. The hazardous particulate matter (known as PM10 in technical ter...

Savills introduces new service line in Poland

Real estate services firm Savills has recently officially launched its industrial and logistics agency in Poland. The team comprises six people and is headed by Wojciech Zoń who previously worked as an associate director in the industrial department of JLL. “The Polish industrial market is currently...

Locked content Euro zone, Polish growth strong late in 2016

Industries across the euro zone increased their output in November, according to a Reuters report on Thursday. Germany ended the year with its strongest growth in five years, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some ECB policymakers expect. Euro z...

Locked content Polish factory car production up

Poland’s car manufacturers produced their most lucrative December in over six years, according to the Automotive Market Research Institute Samar. What’s more, production for all of 2016 increased substantially as well. “Total production in 2016 amounted to 660,642 automobiles, about 2.84 percent mor...

Locked content TDJ to build apartments in downtown Katowice

Developer TDJ Estate is now preparing a new residential project in Katowice, which will be located close to the iconic Spodek building in the downtown of the city. The company owns five hectares of development land on ul. Nadgórników and ul. Góreckiego, which it acquired in 2015 for more than PLN 20...