Locked content Benefit with 913k active cards at end-2017

WSE-listed employee benefits program operator Benefit Systems has increased its active card count by 121.4k in 2017, reaching 913.6k. Out of that number, 804.8k cards were issued in Poland, and 131.3k on international markets. This is a 23.9 percent y/y increase. The domestic figure grew by 16.3 per...

Locked content Stoch tops athlete of the year ranking

Ski jumper Kamil Stoch, won an annual sportsperson of the year contest held by Przegląd Sportowy daily. Stoch, who earlier that day won his fourth contest in the prestigious Four Hills ski jumping tournament as the second person in history, defeated football star Robert Lewandowski and world champio...

Locked content ZUS launches PLN 280 mln tender for IT contract

Social Insurance Board ZUS has launched a tender for modification and development of one of its IT systems. ZUS estimates its value at PLN 281.73 million. The order concerns the conclusion of a four-year framework contract with a maximum of three contractors for modifying and expanding the KSI softw...

Locked content GUS: 1.5 mln Poles with minimum wage in 2016

According to data released by the Central Statistics Office GUS, in 2016, as many as 1.46 million Poles received minimum wage (set then at PLN 1,850 gross), which is about 13 percent of all people employed under a contract. The biggest number of them worked in trade, car repair, hospitality, and cat...

NBP reserves drop in December

Poland’s Central Bank’s (NBP) reserves stood at €94.64 billion at end-December and were some €1.28 billion lower than last month, according to the NBP’s official reserve data. Reserves denominated in USD have decreased by $99 million to $113.27 billion.

Locked content President signs bill on electronic cigarettes taxes

President Andrzej Duda signed a bill introducing excise tax on electronic and heat-not-burn (HNB) cigarettes. According to new law, the tax rate has been set at PLN 0.5 per 1 milliliter of an electronic cigarette liquid, and PLN 141.29 per kg and 31.41 percent for NHB products. The new rates will co...
Image : Courtesy of Orlen

Lithuania pays €28 mln fine to Orlen for dismantling tracks

The state-run Lithuanian railway operator company Lietuvos Gelezinkeliai has paid the €28 million fine imposed by the European Commission to WSE-listed refinery giant Orlen for dismantling the railway connecting Orlen’s refinery in Mazeikiai and the Latvian city of Renge.

Locked content Dino increases network to 775 stores in 2017

WSE-listed retailer Dino opened 147 new stores last year, compared to 123 in 2016. In Q4 alone the chain was enlarged by 57 new outlets, which outs the total chain count at 775 locations and 295k sqm retail space. “We are growing faster than the market. In addition, the macroeconomic environment is ...
Image : Shutterstock

Fuel prices inch down

Average fuel, diesel, and LPG prices decreased by PLN 0.01 last week, according to BM Reflex, a fuel branch consultancy company.