Locked content TFI BGK with new CEO

State bank BGK’s investment fund TFI BGK has hired Ewa Małyszko as its new CEO. Małyszko to-date was the head of another state-run pension fund PKO BP Bankowy PTE. Małyszko was the CEO of PKO BP Bankowy PTE since 2011 and resigned on February 20, BGK statement said. She will replace Piotr Link...

Locked content Cable TV operators to boost media fee collection

Polish government plans to introduce a bill which will force pay tv operators in Poland to collect TV and radio registration from their clients. Such move is aimed to boost media fee collection which is used to finance public tv and radio broadcasters. The companies will be also obligated to provide...
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Locked content Waszczykowski: dispute over rule of law closed

Polish Foreign Minister, Witold Waszczykowski said in an interview with Polish Radio, that the dispute with the European Commission regarding changes being made to the Polish Constitutional Tribunal is over. “I expect that the matter will be closed,” he said. “We explained comprehensively what happe...

Locked content Ursus signs deal with Iranian company

WSE-listed tractor producer Ursus signed a memorandum of understanding with Iran Tractor Manufacturing Company on cooperation in use of tractor components, joint production of engines to markets both firms operate on and broad technological dialog, the company said in a market filing. “The memorandu...

Locked content Łódź – the most congested city in Europe

According to the latest edition of the TomTom Traffic Index, Łódź is the city with the highest congestion level in Europe and highest in the world among small cities (less than 800,000 population). With 51 percent, an average citizen of Łódź spends 46 more minutes on his daily commute. During the mo...

Locked content Government announces plan to reform hospital care

Polish government adopted a bill aimed to create a network of hospitals to secure basic hospital care, PM Beata Szydło said at a press conference. The draft envisions creation of so-called “network of hospitals” which will have guaranteed contracts with the National Health Fund (NFZ). The criteria b...
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Locked content CVC Capital Partners to acquire Żabka

Investment fund CVC Capital Partners will buy the convenience store chain Żabka from Mid Europa Partners. “”Żabka is the clear market leader in the modern convenience segment, with a high-quality business model and a talented leadership team. We look forward to working with the management as w...

Platan mall in Zabrze to be extended

The Platan shopping center in Zabrze is going to be extended and modernized later this year, with Rockcastle, the owner of the mall, planning to launch construction work on the project toward the end of Q2 or at the beginning of Q3. The company is now in the process of selecting the general contract...

Locked content State coal group to be listed on WSE within 5 years – Tchórzewski

Energy Minister Krzysztof Tchórzewski said that Poland might float the Polska Grupa Górnicza after its merger with Katowicki Holding Węglowy is completed. “If our economic assumptions materialized, we would like PGG to move in the footsteps of JSW, i.e. to become a listed company within 5 years,” th...