Locked content Grupa Lotos plans to have 550 stations by 2022

Grupa Lotos expanded its network of petrol stations by 10 in Q4, the company said. All new facilities are franchise stations. In total, out of 495 stations under the Lotos brand, 189 are franchise stations, and the remaining 306 are own stations. According to the strategy for 2017-2022, the company ...

Locked content Number of new buses registrations up by 38.7% in November

Polish carriers registered a total of 154 new buses in November 2018 an increase of 38.7 percent y/y, according to the Polish Automotive Industry Association (PZPM). In total, during 11 months of the last year, 2,520 new buses were sold in Poland, a growth of 30 percent y/y. Mercedes-Benz was the de...

Locked content Coal sales down at 5.2 mln tons in November

In November coal sales declined to 5.2 million tons compared to 5.7 million tons in October and 5.73 million tons in November 2017, the Industry Restructuring Agency (ARP) reported. Coal production amounted to 5.5 million tons, down by 0.3 million tons from a month ago and by 0.2 million tons from N...

Locked content CCC revenue up 22% y/y in December

Shoe retailer CCC recorded consolidated revenue of PLN 572.3 million in December, 22 percent more than a year ago, the company said.  Revenue from online sales amounted to PLN 102.9 million and was higher by 65 percent compared to December 2017. In the entire 2018 revenue stood at PLN 4.34 billion, ...

Locked content UOKiK fines Promed for PLN 370,000

The Office for Competition and Consumer Protection (UOKiK) fined Promed – previously NMedical, NovuMedical – for nearly PLN 370,000 for violation of customers’ interests. Promed sold medical packages, and when a customer wanted to withdraw from the contract, the company refused. Th...

Grant Thornton: 36% of firms plan to raise wages in 2019

The number of companies that plan to raise salaries this year grew to 36 percent from 31 percent in 2018, according to Grant Thornton survey conducted among medium and large companies. Wage growth may accelerate to 8-9 percent y/y in 2019. Over one-fifth (23 percent) of medium and large employers pl...

Locked content Labor Market Indicator falls in December – BIEC

The Labor Market Indicator (WRP), which gives an advance indication about future changes in the unemployment rate, fell in December, Bureau for Investments and Economic Cycles (BIEC) estimated. This is the third month of decline, while previously the index grew for six months in a row. It seems that...

500+ positively impacts professional life – Gazeta Prawna

The governmental program 500+ positively influenced the professional activity of Poles, mainly women, Gazeta Prawna newspaper reported citing results of Central Statistical Office (GUS) survey. GUS asked 300,000 people how 500+ impacted their professional life. 76,000 admitted that thanks to the pro...

Locked content Trucks pay higher fees on A2 highway from Jan. 2

From Wednesday trucks have to pay higher fees on the paid section of A2 highway between Nowy Tomyśl and Konin. For passenger cars, motorcycles and non-standard vehicles the price on each of the three 50-kilometer sections remained unchanged, Autostrada Wielkopolska SA informed. Category 2 vehicles w...

Locked content PMI drops to 47.6 points in December

Polish industrial sector index PMI dropped to 47.6 points in December from 49.5 points in the previous month, research firm Markit reported. This result is the lowest since April 2013. Market consensus forecasted PMI at 49.8 points. “Production Size Indicators and New Orders Numbers caused the...