Locked content Industrial PMI down to 52.9 points, lowest in 11 months

Polish industrial sector PMI dropped to 52.9 points in July from 54.2 points recorded the previous month, research firm Markit informed. This is the lowest reading over the past 11 months, signaling a slower growth rate, Markit stated. Market consensus put the figure at 54.2 points. “The latest read...

Locked content Exports up 7.8% y/y in June – KIG

Exports from Poland increased by 7.8 percent y/y and by 3.6 percent m/m, chief economist of the National Commerce Chamber (KIG) Piotr Soroczyński stated in a report. In June exports stood at an estimated €17.873 billion. He added that the value of exports in July may turn out lower than that recorde...

Locked content Poles went on 6.6% more journeys in 2017

The number of tourist journeys carried out by households reached 38.7 million in 2017, marking an increase of 6.6 percent compared to 2016, statistics office GUS stated. This means that a statistical household organized 2.9 tourist trips. The majority of the excursions (93 percent) were private. Ove...

Locked content CCC revenue up by 30% in July

WSE-listed shoe retailer CCC recorded PLN 402.7 million in consolidated sales revenue in July, 30 percent more compared to 2017. In January-July revenue stood at PLN 2.43 billion, an increase of 13 percent y/y. Revenues from retail sales in CCC stores in July amounted to over PLN 310.3 million and w...

Mountpark to build 135,000-sqm logistics park in Wrocław

Industrial and logistics space developer Mountpark Logistics has secured a revised building permit for its planned Mountpark Wrocław project, which allows for the construction of up to 135,700 sqm of warehouse space. “There is steady demand for modern logistics facilities in the Wrocław area, partic...

Locked content Bus shelters against hot weather in Warsaw

15 new bus shelters will soon appear in Warsaw. They will protect, among others, against hot weather, Public Transport Authority in Warsaw (ZTM) informed on Wednesday. ZTM is currently looking for a company that will provide the new bus shelters and will install them in seven districts around Warsaw...

Locked content Rafako expects PLN 12 mln savings in 2018

Rafako expects that employment reduction will bring PLN 12 million in savings in 2018 – the company said in a statement. The total value of savings resulting from the layoffs is to amount to about PLN 15 million by the end of 2018. In September 2017, Rafako said, after consultation with the tr...

Locked content Szczecin introduces electric charging stations

The first three electric vehicle charging stations have appeared in Szczecin. The new EV charging stations will be available both for the cars belonging to the municipal fleet as well as other electric vehicles. Initially, the stations will be accessible free of charge. In return, their users will b...

Locked content Bridgestone plans to invest PLN 700 mln in Poznań

Bridgestone concern in Poznań plans to invest nearly PLN 700 million in new technological solutions and production optimization by 2020. The investment should allow increasing daily tire production to over 40,000 units from the current 31,000. So far Bridgestone has invested over PLN 2 billion in th...