Locked content Polish President approves new act changing financing of road projects

President Andrzej Duda signed an amendment to the Act on Public Roads on Thursday, which will allow local governments to co-finance investments in national roads and multiple financing sources for individual projects, said the Office of the President in a press statement. “This solution meets the ne...

Locked content Strabag to lead rail improvement project worth nearly PLN 1 billion

A consortium of Strabag and Krakowskie Zakłady Automatyki (KZA) has been awarded a contract worth PLN 966.14 million for extensive upgrades of the railway lines in the Kraków region. Its bid was reported to be the best out of six contenders, Polish railway operator PKP PLK said in a press release on...

Locked content PKP Cargo increases market share to over 50%

During 2016, PKP Cargo’s market share of Polish freight amounted to 51.55 percent (in terms of work completed) the company said in a statement on Friday. In terms of monetary value, it had 42 percent of the share of freight distribution in Poland, according to data from Poland’s Central Statis...

Locked content PKP chooses Torpol for latest project worth PLN 149 million

Poland’s railroad operator PKP PLK has awarded a tender worth PLN 149 million to railroad and tram producer Torpol for revitalization of the Szczecinek–Runowo Pomorskie railway line, the company said in a press statement on Friday. “The terms of construction indicated in the submitted offer wa...

Locked content Education Minister outlines phasing in of new school system

Anna Zalewska, Poland’s education minister, confirmed that middle schools (Polish: gimnazjum), in their current form in Poland, would cease to exist, but that the process would be implemented gradually, beginning in September of 2017. The minister was speaking in an interview with Polish Radio on Fr...

Locked content IEA says Poland could improve its energy plans

The International Energy Agency reported on Thursday that the study it had tabulated on Poland’s energy sources for 2016 indicated that the country is very heavily reliant on coal. Amidst a winter that has seen air pollution levels in Polish cities, at times, reach dangerous levels, the IEA indicate...

Locked content Poland’s national chamber of commerce to work closely with Iran

The National Chamber of Commerce of Poland (known as KIG) announced in a press release on Thursday that it will embark on an economic mission to Tehran during the first week of March of this year in order to connect Polish enterprises with potential Iranian partners. The mission will also consist of...

Locked content Farm 51 issuing limited number of J bonds

Polish start-up computer game producer Farm 51 adopted a resolution regarding the issue of its series J bonds which stipulated that the total nominal value of the bonds would be not more than PLN 5 million, the company said in a statement on Thursday. “The Board of The Farm 51 Group SA announces tha...