Locked content Industry working at 81.4% capacity, 2.3 pp increase y/y – GUS

Industrial companies were using 81.4 percent of their production capacity in October 2017, compared to 79.1 percent recorded a year earlier, GUS stated. Only 9.5 percent of industrial firms find their production capacity too large considering to the order portfolio for the coming months, while 79.7 ...

Locked content 60% of industrial firms have investment plans for 2018 – GUS

As many as 59.5 percent of industrial companies are planning investments in 2018, compared to 69 percent of industrial firms that have made investments this year, according to GUS. In the construction industry, 38.2 percent have investment plans for next year. Industrial companies usually finance in...

Locked content PGNiG sold 4.6 bln cubic meters of natural gas in Q3 2017

State-owned natural gas provider PGNiG sold an estimated 4.6 billion cubic meters of natural gas in Q3 2017, compared to 4.25 billion cubic meters in Q3 2016, the company stated. Natural gas extraction increased from 1.03 billion cubic meters in the third quarter of last year to 1.12 billion cubic m...

Locked content Gdynia sea port could reach record cargo handling levels this year

In the first three quarters, the volume of cargo handled in the Gdynia sea port increased by 8.8 percent y/y to reach 15.6 million tonnes and the figure for the entire year is likely to beat last year’s record of 19.5 million tonnes, the port’s authorities stated. The largest increases were recorded...

Construction firms with increasing debt – report

Construction firms had a total of PLN 2.21 billion in August 2017, which continues to increase, according to a report prepared by the National Debt Registry (KDR). The majority of the debt is a few years old, mainly arising from unpaid loans and leasing deals.

Locked content 270k pension applications due to lower retirement age – ministry...

Approximately 270,000 pension applications have been filed based on the lowered retirement age, the Ministry of Family, Labour and Social Policy stated. “That’s 75 percent of the estimated 331,000 people who have become eligible to retire once the retirement age has been reset” at 60 for women and 6...

Locked content Poultry exports up 8% y/y in 2017 – inudstry experts

Poultry exports will increase by 8 percent year-on-year in 2017, according to estimates by the Institute of Agricultural and Food Economics, a national research institute. “Exports will grow by 8 percent and equal to 1.11 million tonnes,” the institute stated. In 2016, poultry exports grew by 20 per...

Erbud with PLN 25.2-mln hotel contract in Międzyzdroje

Warsaw Stock Exchange-listed construction company Erbud will demolish the existing Trofana Active hotel in Międzyzdroje on the Baltic coast, which is owned by Trofana Bogdan Sadka, and build a new 3,700-sqm hotel building on the site. The project is scheduled to be completed by the end of June 2019 ...

Locked content 38% of Poles still live in rural areas – World Bank

The Polish economy has achieved a success, but the one aspect in which it is lagging behind Western Europe is the percentage of the population living in rural areas, said Hans Timmer from the World Bank at a panel discussion organized by the National Bank of Poland. In Poland, 38 percent of the popu...