Locked content Economic climate stightly up, growth fueled by exports

The forward-looking economic climate indicator (WWK) increased by 1.5 points m/m in October. Since April 2017 the indicator has plateaued at around 170 points, without showing clear signs of upward or downward trend. “It seems that demand-side impulses stimulating growth are gradually sizzling out, ...

Locked content 500k households changed energy provider in Jan-Aug

Between January and August, 523,057 households and 185,602 other electric energy consumers changed their electricity provider, according to industry watchdog URE. “The number of TPA [Third Party Access] household consumers … increased by 60,427 since the end of 2016, marking a 13.1 percent increase,...
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Highest number of insolvencies in five years – Euler Hermes

As many as 255 Polish companies became insolvent in Q3 2017, the highest number in five years. Since January, 673 companies became insolvent, which is a 14 percent increase y/y, said Euler Hermes in its report. The growth rate of insolvent firms will remain at a two-digit level for the remainder of ...

Locked content Poczta Polska’s click-and-collect network sees 30% more traffic ...

The number of parcels collected from state-owned postal services operator Poczta Polska’s network of parcel collection points has increased by 30 percent between January and December, which is higher than the market growth rate, Poczta Polska stated. “Poczta Polska, aside from ‘door-to-door’ courier...
Warsaw Stock Exchange Image : WBJ

Bears outweigh bulls on WSE

The share of bullish investors on the Warsaw Stock Exchange has decreased by 6 percentage points m/m to 37.9 percent, while the share of investors expecting a falling trend over the next six months rose by 1.4 pp m/m to 44.4 percent, according to the investor sentiment index (INI). It is the first I...
Image : Gaz-System

Gaz-System to invest PLN 11.5 bln in gas infrastructure by 2022

Natural gas operator Gaz-System will spend a total of PLN 11.5 billion by 2022 on expanding its gas infrastructure, the firm’s CEO Tomasz Stępień said. The investment includes PLN 4.2 billion earmarked for the Baltic Pipe program of connecting the Polish gas network to the Norwegian continental shel...