Locked content PKP PLK with PLN 5.5 bln CAPEX in ’17

Poland’s state-owned railway infrastructure operator PKP PLK will spend PLN 5.5 billion on railway investments in 2017, up from PLN 4.1 bln in 2016, company’s CEO Ireneusz Merchel said. “2016 was a year of reviewing the projects and launching tenders. We want 2017 to be the year of concl...

Locked content Retail fuel prices up

Average retail gasoline price increased by PLN 0.03 per liter to PLN 4.79, while Diesel price went up by PLN 0.02 to PLN 4.65 in the week ending on February 23, Reflex brokerage said. LPG price went down by PLN 0.04 to PLN 2.26 Polish fuel are unlikely to record significant increases in the coming&#...

AXA takes up more space in Warsaw Trade Tower building

Insurance company AXA has leased an additional 3,757 sqm of office space in the Warsaw Trade Tower (WTT) skyscraper in the Polish capital. As a result of the lease agreement, which was brokered by Colliers International (who represented the owner) and Cushman & Wakefield (who advised the tenant)...

Locked content Kulczyk siblings top richest Poles ranking – Forbes

Dominika and Sebastian Kulczyk, children of the late Jan Kulczyk, for the second straight year, topped the Forbes richest Pole list. Their combined worth, was estimated at PLN 14.3 billion and was lower by PLN 1.6 billion than the previous years’ result. Second on the list is Michał Sołowów, w...

Locked content Two MPs leave Kukiz’15 caucus

Two MPs, Magdalena Błeńska and Anna Siarkowska have left the Kukiz’15 parliamentary caucus, citing “lack of communication within the club especially with its leader, and inability to solve internal problems by the party leadership,” the web portal 300polityka.pl claimed. According to KukizR...

Unemployment grows in January

Poland’s unemployment rate in January stood at 8.6 percent, a 0.3 percent increase month-on-month, the Ministry of Labor, Family and Social Policy said. The number of registered unemployed grew to 1.397 million compared to 1.335 million in December.