TK Maxx to open 1,800-sqm store in Białystok mall

British fashion retailer TK Maxx will open a two-level, 1,800-sqm store in the Atrium Biała shopping center in Białystok on October 12. This will be the first store of the company in north-eastern Poland. “A major international fashion brand’s choice of Atrium Biała for its debut in this part of Pol...

Locked content Auto Partner opens subsidiary in Romania

WSE-listed car parts distributor Auto Partner has established its subsidiary in Romania. “Auto Partner has set up a Romanian subsidiary under the name of AP Auto Partner RO srl with its registered office in Bucharest, in which it holds 100 percent shares worth PLN 500,000,” the company said in a mar...

Locked content Air transport grew by 11.6% in 2016 in Poland – Eurostat

The number of air transport passengers in Poland increased by 11.6 percent y/y to 32.27 million last year, according to the EU’s statistics office Eurostat. This makes Poland the 12th largest market in the EU. According to the statistics, 1.83 Polish passengers flew domestically, 24.67 million to an...

Locked content Electricity consumption growth to exceed 2% – Energy Ministry

Electricity consumption in Poland will increase by more than 2 percent this year, according to the Minister of Energy Krzysztof Tchórzewski. “It seemed that the increase in electricity consumption last year was only temporary, but after the Q3 it is already clear that we will exceed 2 percent y/y gr...

Locked content Enea wants to buy imported coal from Węglokoks

WSE-listed, state-owned utility Enea is in talks with state-controlled coal trader Węglokoks to buy imported coal, Enea’s CEO Mirosław Kowalik said, adding that the company is not currently facing a supply deficit. “At present, we don’t see a need to import coal, but Węglokoks came to us with ...

Locked content Poland could adopt euro, after euro zone reforms – FinMin

According to Deputy Finance Minister Leszek Skiba, Poland could adopt euro as its currency, but only when the reform of euro zone is complete and there are strong economic arguments for that. “The position of the Polish government is such that we can imagine a moment when Poland will be ready to ent...