Space 4.0: All under one sky

On April 2, the Falcon 9 rocket was launched by Space X from Cape Canaveral in Florida. Unlike the rocket launches of the 1960s, few people even registered the event and even fewer knew that Poland was involved in manufacturing its components. Poland’s space exploits are not something you read about...

Gaining momentum

All innovative endeavors require an injection of know-how and people with vision and ambition. Astri Polska is no different. Over the course of eight years it has evolved from a small research unit into the ESA’s partner in its own right. Deriving all of its revenue exclusively from space tech, the ...

Bouygues launches Enclave project in Pruszków

Developer Bouygues Immobilier Polska has started demolition work on the site of its planned Enclave residential project in Pruszków in the Warsaw agglomeration. The scheme will comprise five three-story buildings and will be developed in two phases offering 151 and 126 apartments. It is scheduled to...

Prepping for a big journey

From a science-business cooperation project, Creotech Instruments has grown into a major player in the space industry and one of the fastest-developing companies in Europe in just a handful of years. Currently, the firm employs 70 people, operating as a joint stock company since 2012. It has been pa...

Locked content PGE electricity production increases by 18% y/y Q1 2018

Electricity production in the Polish Energy Group (PGE) amounted to 17.66 TWh in the first quarter of 2018 (an increase of 18 percent y/y), the company announced. In the first quarter of 2018, the energy production in the group amounted to 17.66 TWh, of which 9.82 TWh, 7 percent less than in the pre...

Locked content PKP Intercity offers free travel on Children’s day

On Children’s Day this year the youngest passengers will be able to travel for free on PKP Intercity trains, the railway carrier has announced. In addition to free travel for children and youths, PKP Intercity is to offer cheaper tickets for their parents and guardians. The “ChildrenR...

Locked content PLN 2.16 billion dividend for PZU shareholders

PZU Management has recommended the payment of dividend from profits for 2017 amounting to PLN 2.16 billion, or PLN 2.50 per share, the company said in a statement. The Management Board proposed that the dividend day be set for September 12, 2018, and payment of dividends on October 3, 2018. In March...

Start small, think big

While not yet a major league player, Poland has found its place in the European space industry and is quickly catching up. It can already boast some of the most advanced ground penetration systems in the world. Satellite data processing, space trash tracking, and even space mining could one day beco...

PKN Orlen to issue series D bonds

PKN Orlen Management Board has decided to launch a series D issue of bearer bonds as part of the public bond issue program to individual investors. The final terms of the series D bonds were transferred to the Polish Financial Supervision Authority (KNF) and will be published on May 16.