Locked content Erbud to build four-star hotel in Świnoujście

Platinum Resort and Erbud will team up to build a four-star hotel complex in Świnoujście, a project valued at PLN 53.47 million, Erbud said in a press release on Thursday. The two enterprises signed a contract to build the hotel, which will comprise three buildings, with construction expected to beg...

Locked content Morawiecki signs agreement to continue work with GE

Poland’s Minister of Economic Development and Finance, Mateusz Morawiecki, has signed an agreement for strategic cooperation with American conglomerate General Electric (GE), the Minister announced to reporters on Thursday. “It’s about supporting the development of the Polish economy and indus...

Locked content LOT will add direct flights to Kazakhstan

LOT Polish Airways will begin flying passengers directly to Astana, the capital of Kazakhstan, in May of this year, the company announced on Thursday. It is part of the airline’s strategy of profitable growth, called “LOT 2020.” “The first flight from Warsaw to Astana is scheduled for May 8 […] the ...

Locked content PKN Orlen lays out capital expenditure plans for 2017

PKN Orlen, which operates six refineries in Poland, Lithuania and the Czech Republic and also conducts mining operations in Canada, will increase its capital expenditures in 2017, in comparison to 2016, the company said in a press statement on Thursday. It will invest PLN 3.3 billion in development ...

Locked content PGO purchases Kopex

Polish foundry group Polska Grupa Odlewnicza (PGO) has acquired 100 percent of Kopex Foundry, paying a total of PLN 7 million, Polish Foundry stated in a press release on Thursday. PGO indicated that it felt the move would allow it to expand its operations. “As a result of the transaction, PGO [has ...