Locked content Opole power plant to modernize filters for PLN 188 mln

The Opole power plant has signed an agreement for the modernization of the electrostatic precipitators on its four generation units for a total sum of PLN 188 million, PGE Górnictwo i Energetyka Konwenjonalna, stated. The new filters will cut the four units’ emissions by half and thus meeting EU’s s...

Locked content Budimex with PLN 75 mln contract in Bydgoszcz

Construction company Budimex has won a tender for the re-development of Rother Mill in Bydgoszcz, with an offer at PLN 74.9 million, the company stated. The construction is scheduled to be completed by the end of 2020. Budimex, whose strategic investor is Spanish Ferrovial, has been listed on the WS...

Locked content Interest unchanged possibly through 2020 – NBP head

Interest rates will “almost certainly” remain unchanged by end-2019 and possible also in 2020, said NBP head Adam Glapiński, after the Monetary Policy Council (RPP) decided to maintain current interest rates level yet again at its May sitting. The reference rate has been at 1.5 percent, Lombard rate...

Locked content Żywiec Zdrój to increase capacity by 5-10% annually

Poland’s largest non-alcoholic beverage producer Żywiec Zdrój, part of Danone, plans to increase its production capacity by 5-10 percent annually for the next few years, company CEO Frederic Guichard. The firm currently produces approx. 900 million liters of beverages each year. Guichard also added ...

One in three Poles would consider buying an electric car – survey

The majority of Poles would consider buying a car regular gas engine (57 percent), while 45 percent would consider a hybrid, 36 percent a diesel engine car and 32 percent an electric car, according to a survey conducted by ING. The reasons why Poles would think of purchasing an electric car are: low...

Locked content Stokrotka sales at PLN 219 mln in May

Retail chain Stokrotka, part of Emperia Holding, reported PLN 219 million in sales revenue in May, an increase of 7.9 percent y/y, according to the company’s preliminary results. In January-May the company saw revenue of PLN 1.098 billion, up by 9.7 percent y/y. In Like-for-Like sales, the chain rec...