Locked content Fuel prices grow sharply

Average fuel and diesel prices increased by PLN 0.09 last week, while LPG prices grew by PLN 0.01, according to BM Reflex, a fuel branch consultancy company. Currently, gasoline sells at PLN 4.67/liter, diesel at PLN 4.57/liter and LPG at PLN 2.04. This is the first such sharp increase after many we...

Locked content Enea interested in offshore wind farms

WSE-listed power utility Enea is interested in investing in offshore wind farms, the company’s CEO Mirosław Kowalik said. “Looking at what is happening in Europe, how much the costs of the capex are optimized. It’s an interesting direction. There are some projects that we are interested in, but it&#...

Locked content Furniture exports reach €8 bln – report

The value of furniture exported from Poland increased last year to €8.02 billion from €7.32 billion a year earlier, which is a 9.1 percent growth, Center for Trade Analysis (CAB) said in its report. According to the CAB data, 3.58 million metric tons of furniture were exported from Poland in the who...

Locked content UPC withdraws from taking over Multimedia

Cable TV operator UPC Polska, owned by the US giant Liberty Global, withdrew its application to buy rival Multimedia, antitrust watchdog UOKiK informed. Both sides failed to reach agreement on revised terms of the deal. The PLN 3 billion deal, announced back in October was subject to potential downw...

Locked content Comarch launches data center in France

WSE-listed IT company Comarch launched its first data processing center in France and plans to expand its position on the market, the company said in a market filing. “This project, which has a value of €8 million, is an important stage in the development of the company on the French market, we can ...

Locked content WSE plans to get £11.5 mln from sale of its Aquis stake

The Warsaw Stock Exchange said that it plans to get £11.5 million from selling its 20 percent stake in the Aquis trading platform. WSE added that talks regarding the sale are ongoing, and the potential transaction will go through only if Aquis decides to proceed towards an IPO. Aquis Exchange Limite...

Locked content Planned nuclear power plant launch date ‘unrealistic’ – NIK

The planned launch date of Poland’s first nuclear power plant at end-2014 is “unrealistic” according to the Supreme Audit Chamber NIK. “The level of progress on works indicates a high probability of its launch after 2030. NIK points out the lack of implementation of the basic tasks specified in the ...