Locked content PiS support continuous to grow

According to the latest poll by Kantar Public, if elections took place now, 40 percent of Poles would vote for ruling Law and Justice (PiS), while 17 percent would vote for Civic Platform (PO). PiS support increased by 2 percentage points, while PO’s dropped by 1 percentage point. Other partie...

Locked content Leasing market to reach PLN 66 bln this year

According to sector lobby ZPL, Polish leasing market will reach PLN 66 billion this year. “Total value of new contracts signed by Polish leasing firms will amount to PLN 66 billion in 2017,” head Andrzej Krzemiński said. At end-Q3 the sector grew to PLN 47.9 billion, which is a 12.9 percent y/y incr...

Locked content Poland space program with a PLN 1.4 bln budget

The Polish National Space Program developed by the Polish Space Agency (PAK) has been set at PLN 1.429 billion over the next eight years. It includes works on the development of Polish satellite system as well as support schemes for the private sector, research units, public administration and non-g...

Locked content Morawiecki makes first changes in the cabinet

Recently appointed Prime Minister Mateusz Morawiecki made the first changes to his cabinet. He appointed Marek Suski, deputy head of the parliamentary caucus of the ruling Law and Justice (PiS) as his new chief of staff, and former Deputy Defense Minister Michał Dworczyk as the heat of PM office. Su...

Locked content Polish army jet crashes near Warsaw. Pilot survives

A Polish air force MiG-29 jet fighter crashed near the town of Kałuszyn, some 60 kilometers East of Warsaw during a training flight. The pilot survived the accident by ejecting himself shortly before the crash. He was taken to hospital for further evaluation but did not suffer any major injuries. Al...

Locked content PKP Intercity to invest PLN 7 bln in stock upgrades

State-owned passenger railway operator PKP Intercity plans to invest over PLN 7 billion till end-2023 on rolling stock modernization, the company said in its updated 2016-2020 strategy. The company will finance the investments from own funds as well as funding from parent company PKP and external in...

Housing permits soar in November – GUS

In November, the number of dwellings in which construction has started increased y/y by an impressive 27.5 percent to 16,672, according to data released by the Central Statistics Office (GUS), in m/m terms it grew by 2.4 percent. Moreover, the number of dwellings completed went up by 6.1 percent y/y...

Retail sales up by 10.2% in November– GUS

Retail sales increased in November by 10.2 percent year-on-year and dropped by 1.3 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 7.5 percent y/y and drop 3.7 percent m/m.