Warsaw could have large ring road by 2027

The large Warsaw ring road could be completed by 2027, according to the Minister of Infrastructure Andrzej Adamczyk. The road operator GDDKiA is now conducting analysis for the ring road to determine whether it should be 20 km, 30 km or 50 km away from the city center.

Locked content PiS support up to 46% in April – CBOS

The ruling Law and Justice party could count on 46 percent of votes in April, up from 44 percent in March, according to a recent poll conducted by pollster CBOS. Main opposition party Civic Platform would receive 16 percent of votes, also marking a 2 percentage point increase. Democratic Left Allian...

Locked content Polimex-Mostostal plans PLN 2 bln revenue in 2018

Polimex-Mostostal wants to reach revenue of at least PLN 2 billion in 2018, and PLN 1.5 billion in 2019, excluding strategic projects, the company’s management board stated. The company is currently analyzing two strategic projects for 2019: Puławy plant (valued at approximately PLN 900 million-PLN ...

Locked content Investment levels one of the lowest in EU – EBI

Private sector investment in Poland is at one of the lowest levels among EU countries, said Vazil Hudák, deputy head of the European Investment Bank. According to EBI report, more Polish firms have investment plans in 2018 than a year ago. Nearly half (47 percent) of all investment outlays are earma...

Poland needs more VC investors – Emilewicz

Poland lacks a well developed venture capital market, according to the Minister of Entrepreneurship and Technology Jadwiga Emilewicz. She said that the government is close to finishing its work on crating legal framework for the so-called simple joint stock company, which would make VC investments e...

Consumer loans exceed mortgage loans in 2017

The value of consumer loans granted by banks and bank-like entities (SKOK) stood at PLN 66.1 billion and significantly exceeded the value of mortgage loans, which came in at PLN 46.5 billion, according to Credit Information Bureau (BIK). “25 percent of consumer loans were granted for a period exceed...