Gowin: electric buses coming to Polish cities

Poland’s Minister of Science and Higher Education, Jarosław Gowin, has stated that electric buses – produced largely inside the country – could start regular service in Polish urban areas in the southwest of the country very soon. He was speaking at a press conference on Wednesday.

Locked content XTB net profits way up in December

The net profits of X-Trade Brokers, a Polish brokerage for speculators and investors that specializes in online trading of derivatives, rose during Q4, y/y, by 212 percent, to PLN 51.4 million (on PLN 94.1 million in revenues from operating activities). However, the group also noted in its Wednesday...

Reforms to Higher Education proceeding as planned – Szydło

Implementing educational reforms is “the most important task that [Education] Minister Anna Zalewska will carry out this year,” Prime Minister Beata Szydło stated on Wednesday. She was speaking, along with other ministers, including Zalewska and Minister of Science and Higher Education Jarosław Gowi...

Locked content Wholesale trade indicated year-on-year increases in December

The Central Office of Statistics (GUS) released data on Wednesday related to wholesale trade in retail and wholesale enterprises. Wholesale trade in wholesale enterprises in December grew by 9.2 percent, y/y, although they had dropped 2.0 percent, month-on-month. Meanwhile, retailers’ wholesal...

Locked content Warsaw Uprising hero, Brochwicz-Lewinski, honoured at funeral

Janusz Brochwicz-Lewinski, one of Poland’s soldiers from the Warsaw Uprising of 1944, was honoured by citizens and dignitaries, including Polish President Andrzej Duda, on Wednesday. The ceremony took place at the Powązki Military Cemetary in Warsaw. “Brochowicz-Lewinski was and will remain a role m...

Locked content Whirlpool to expand operations in Poland

White goods and appliance manufacturer Whirlpool, which operates production facilities in Łódź, and Wrocław, as well as in Radomsko, plans new investments that will increase its production of refrigerators and dryers for exports, the company stated in a press release on Wednesday. “Our intention is ...

Locked content Retail sales up in December

The Central Office of Statistics (GUS) announced on Wednesday that turnover in retail trade, non-seasonally adjusted, in December rose by 5.7 percent, y/y, after a rise of 7.1 percent in November….

Locked content ZUS transfers PLN 208.14 mln to OFE in January

Social Security fund ZUS announced Thursday that it has transferred PLN 137.92 million in cash to open pension funds (OFEs) in January. In total, ZUS transferred PLN 208.14 million to pension funds this month. Throughout 2016, ZUS transferred PLN 2.88 billion to OFEs. In 2015, the sum stood at PLN 2...

Locked content Industrial orders up by 53% last month

Industrial orders, according to the Central Office of Statistics (GUS) grew in December, by 53 percent, y/y. In monthly terms, orders increased by 25.3 percent in December, after falling 4.3 percent in November. Meanwhile, new industrial purchases for exports grew by 28.6 percent y/y in December, af...