Locked content PiS proposes changes to judiciary reform

Ruling Law and Justice (PiS) party announced that it is ready to make amends to its judicial reform in response to the European Commission criticism that they undermine the rule of law. “This is a step in the direction to ease the concerns presented by the European Commission. We hope that these ste...

GUS: economic outlook on the rise in March

The synthetic economic outlook (SI) in March decreased in m/m but increased in y/y terms, the Central Statistical Office (GUS) reported. The indicator decreased in the all sectors: services, retail, construction, manufacturing, and reached 110.8 points. The indicator has been above its long-term ave...

Locked content Orlen wants to invest in wind farms

WSE-listed fuel giant Orlen announced a tender for the development of a preliminary technical concept that will determine the possibilities for preparing and implementing an offshore wind farms project in the Baltic Sea, the company said. The maximum power capacity of the installation was set at 1,2...

Locked content Six dead in an explosion at Orlen’s Czech unit plant

Six people died in an explosion at a storage tank at Kraluoy refinery owned by Unipetrol, a Czech unit of WSE-listed fuel group Orlen. “I can confirm that the event took place at the refinery of Unipetrol in Kralupy nad Vltavou. One of the storage tanks exploded without a subsequent fire in the Kral...

Locked content Benefit Systems plans private placement

WSE-listed employee benefits program operator Benefit Systems plans to offer up to 184k F-series shares in an ex-rights private placement and to sell up to 100k own existing shares. “The aim of the company is to raise means for further development of the group and for using growth potential, in part...