Locked content Lasy Państwowe warns against risk of fires

Due to high temperatures and lack of rainfall, the risk of fires increases, indicated Lasy Państwowe (State Forests). According to data from PSP (State Fire Service), the forests have been burning 3,147 times since the beginning of March; 39 percent were cases of arson. The statistics show that the ...

Locked content Vistal Gdynia with PLN 21.3 mln net loss in Q1

Vistal Gdynia reported Q1 consolidated net loss at PLN 21.29 mln compared to PLN 4.35 mln net profit a year earlier.  Q1 operating loss amounted to PLN 10.12 million from PLN 4.27 million profit in 2017. Q1 consolidated revenue dropped by 87.1 percent to PLN 13.58 million year-on-year. Unconsolidate...

Locked content Firefighters remove oil spills in Płock

The fire brigade is removing oil stains from the Vistula River in the Płock region (Mazowieckie). It is suspected then there is a leak in the PERN pipeline running at the bottom of the river. “Firefighters ensure that there is no threat to the environment. The case has the highest priority to ...

Locked content Inflation in Q2 is seen at 1.7% y/y

In Q2 2018 the inflation may amount to 1.7 percent on the annual basis, the Ministry of Finance estimated. The risk for economic growth may come from the situation at the main export markets for Poland, which have recorded a slowdown of economic activity in Q1. A higher inflation in Q2 compared to Q...

Locked content Index of Entrepreneur Optimism declines in May

Index of Entrepreneur Optimism fell in May, but the outlook for coming months improved, according to the survey among Employers of Poland. In May the index stood at 109.6 points compared to 115.2 points in April. The current evaluation is the lowest since June 2017, showing the highest decrease from...

Locked content Coal sales in April at 5.1 mln tons

Sales of coal in Poland in April amounted to 5.1 million metric tonnes compared to 5.58 million tonnes a year ago, the Industrial Development Agency reported. Coal inventories at the end of March amounted to 1.8 million tonnes compared to 1.6 million tonnes a month earlier.  At the end of March 2017...

Locked content Abadon Real Estate with PLN 162 mln revenue in Q1

Abadon RE, the construction arm of the residential developer Murapol holding, recorded over PLN 162.3 million in revenue from sales in Q1 2018, compared to PLN 54.2 million in the corresponding period of last year. Net profit came in at PLN 3.8 million, versus PLN 1.6 million in Q1 2017. The growth ...

Locked content PLN 62 bln in state coffers at end-May – FM

As of end-May, the Finance Ministry has financed 59 percent of its borrowing needs for the year, with PLN 62 billion in state coffers at the end of the month, Deputy Finance Minister Piotr Nowak stated. The Ministry is planning on one, relatively small bonds sale in June, which will also include a n...