Locked content Over 50% of Poles filed their taxes online

According to data released by the finance ministry, the number of the annual personal income tax declarations filed online has reached 9.67 million, meaning that more than 50 percent of Poles have decided to submit their declarations this way. This is a record-high number, beating last year’s result...

Locked content Alior Bank Q1 profit rises

WSE-listed Alior Bank posted a PLN 82.4 million attributable net profit in Q1, up from PLN 80.2 million last year. Alior’s  total assets declined 1.3 percent q/q to PLN 60.4 billion, loans have increased by 4.6 percent to PLN 48.4 billion. Deposits were down 1.7 percent to PLN 50.5 billion. Net inte...

Locked content Famur submits offer to buy Kopex

WSE-listed mining machinery firm Famur filed an offer to acquire  65.83 percent stake in rival Kopex for PLN 204 million, Famur said in a market filing. The offer assumes, that after the deal is finalized, Kopex will be split in two units, with one focused on machinery building, and the second on se...

Locked content NCBiR to launch PLN 1 bln program for Polish universities

The National Research and Development Agency of Poland (NCBiR), an executive agency of the Ministry of Science, will launch a PLN 1 billion program for the Polish universities this month, deputy science minister Piotr Dardziński said. “The program will promote the system-wide changes on Polish unive...

Locked content TV still the source of information for Poles – poll

Television continues to remain the main source for information for most of the Poles, CBOS survey revealed. As many as 64 percent of respondents look for information in TV. Internet is the second most common news source (21 percent), followed by radio (8 percent) and press (4 percent). TV is the mos...

Locked content Emperia looking for investor

WSE-listed retailer Emperia has launched search for an investor to support further growth, the company said in a market filing. “The management board has decided to seek investor who could support the company’s dynamic growth,” the statement said. The company wants to secure the possibility fo...

Locked content Opposition wants to put Macierewicz under scrutiny

Civic Platform (PO) MPs have asked the prosecution to launch an investigation whether the defense minister Antoni Macierewicz overstepped his authority. Opposition accuses the minister of giving the access to classified documents regarding the canceled PLN 13 billion helicopters tender to unauthoriz...

Locked content Poland seeks extradition of alleged Nazi from the US

Polish prosecution has asked the US Department of Justice to extradite a 98-year old Michael Karkoc who, Poland believes, was a former commander of an SS unit, which took part in a mass killing in Polish village Chłaniów, where 44 civilians were murdered. Polish prosecutor Robert Janicki said he was...

Locked content Duda: We want to invest in Africa

President Andrzej Duda, went to Ethiopia to boost Polish trade on the African continent. During his visit he spoke at the African Union Forum summit.”We are open to friendly cooperation as partners, offering our extensive experience, among other things in economic transformation. We want to invest i...

Bank profits down in Q1

The net profit of the Polish banking sector in Q1 amounted to PLN 2.84 billion, a 11.1 percent decline y/y, the data from the Poland’s Central Bank (NBP) showed. In March alone, profits amounted to PLN 1.18 billion, which was a 2.8 percent y/y growth. Profits from interest grew by 10.2 percent...