Locked content Apple Pay to be launched in Poland next year?

According to Cashless website, five Polish banks are negotiating with Apple regarding launching Apple Pay service in Poland. Apple was the side initiating the talks sending out feelers to Polish banks this month. Some of the lenders declined to enter negotiations, however, five has started talks. Th...

Locked content Heavy smog hits Poland

According to the European Environmental Agency data, Poland was the most polluted EU country on Monday. In Warsaw, the level of the PM (particulate matter) 2.5 concentration in Warsaw on Monday morning exceeded 115 micrograms per cubic meter while PM10 concentration was at 125 micrograms per cubic m...

Locked content Euler Hermes: 73 bankruptcies in November

In November, 73 Polish companies were declared bankrupt, the same as last year, according to a report issued by Euler Hermes. Since the beginning of the year, 826 companies were declared bankrupt, a 13 percent growth y/y. According to Euler Hermes the number of bankruptcies will remain at this level...

Locked content FlixBus to replace Polski Bus brand

German bus transport company FlixBus will takeover Polish routes operated by UK carrier Polski Bus, effectively dissolving the brand. “This is not a takeover of PolskiBus.com, it is a new stage of cooperation in which its brand and sales platform sees changes. The entry of FlixBus could not have hap...

Locked content Electricity consumption up 2.14% y/y in November – grid operator...

Electricity consumption increased by 2.14 percent y/y in November to 14.62 TWh, while production dropped by 2.45 percent y/y to 14.43 TWh, the national grid operator PSE said. Year-to-date, the consumption amounted to 152.23 TWh, a 2.4 percent y/y increase, while production reached 151.2 TWh, a 2.57...

HICP inflation at 2% in November – Eurostat

The harmonized index of consumer prices for Poland stood at 2 percent year-on-year in November, after a 1.6 percent growth in October, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.4 percent.

Employment and wages on the rise again – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in companies in November grew by 6.5 percent year-on-year, while the wages grew by 4.5 percent. In month-to-month terms, employment inched up by 0.3 percent, while salaries increased by 0.8 percent.

Locked content Budimex signs PLN 396 mln deals for S3 expressway

WSE-listed construction firm Budimex signed two deals with the General Director for National Roads and Motorways GDDKiA for building two sections of the S3 expressway, the company said in a market filings. The first deal concerns the Brzozowo-Miękowo section of the road and is worth PLN 293.1 millio...

Locked content Enter Air signs $51 mln deal with Itaka

WSE-listed charter air carrier Enter Air signed a $51 million contract with tour operator Itaka for the next year’s summer and winter seasons. The deal is valid through April 30, 2019 and is higher than the previous one by some $2 million. The company notes that the value of the contract is estimate...

Locked content Gaz-System launches construction of PLN 600 mln pipeline scheme

State-owned gas infrastructure operator Gaz-System has signed a contract for the construction of the Strachocina-Pogórska Wola gas pipeline. The contractor will be a consortium of companies led by NDI Energy. The value of the investment is estimated at some PLN 600 million, and the completion of wor...