Locked content Morawiecki and Netanyahu hold talks over the controversial bill

PM Matuesz Morawiecki spoke on Sunday with his Israeli counterpart Benjamin Netanyahu in an effort to resolve the recent diplomatic crisis sparked by the controversial Polish draft law which could make it illegal to attribute complicity in the Holocaust to Poles. Both sides agreed to set up teams to...

Dealz to enter Poland

A UK discount retail chain Dealz will open its first store in Poland at the beginning of February. The outlet will be located in ETC Swarzędz shopping center. The company plans to open 20 stores in Poland this year. “Dealz is a new format in Poland and this part of Europe. It has already been well r...

Murapol buys more land in Warsaw

Developer Murapol has signed a conditional agreement for the purchase of perpetual usufruct rights to more than 40,600 sqm of undeveloped land located on ul. Posag 7 Panien in the Ursus district of Warsaw. The value of the transaction – which is expected to be finalized by March 15 this year unless ...

Locked content Tauron to put Łagisza bloc on the capacity market

WSE-listed power utility Tauron plans to bid in the tender for capacities with its planned gas-steam power unit in Łagisza, deputy CEO Jarosław Broda said. “We will be ready to participate in these auctions. We will also be ready to start the auction with the suspended investment in a steam-gas bloc...

Locked content Weak PLN is beneficial to the economy – MPC member

According to MPC member Jerzy Żyżyński, a weak PLN is beneficial to the Polish economy, however, the currency has a significant firming potential. “We currently have almost a  near balance in foreign trade, on the current account, and we have it because the PLN is weaker than its purchasing power. S...

Locked content Poczta Polska suspends operations with Guatemala

On Monday, the state-owned postal operator Poczta Polska suspended accepting packages with Guatemalan destination due to “significant operational problems” of the local operator. “Poczta Polska, like other operators, suspended the acceptance of parcels to Guatemala due to the inability of Guatemala ...

Locked content Serinus wants to move HQ to Channel Islands

WSE-listed oil and gas exploration firm Serinus Energy plans to redomicile from Alberta, Canada to Jersey, Channel Islands and will seek shareholders’ approval. The company also mulls dual listing in London. “Serinus intends to seek admission to be traded on the AIM market of the London Stock Exchan...

BIEC: Economic sentiment grows in January

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) increased by 1.5 points and stood at 172.6 points in January.