Locked content Analysts expect fuel prices to go down

Analysts expect fuel prices at gas stations to drop further, even despite the introduction of fees on emissions. BM Reflex predicts that price declines at stations may be accompanied by worsening weather conditions, which in turn will result in lower sales. On the other hand, analysts point out to a...

Locked content TGE electricity turnover up by over 100% in 2018

Poland’s commodities exchange (TGE), also known as the Polish Power Exchange, reported a record turnover on electricity and gas markets in 2018. The total volume of trade in electricity market amounted to 226.1 TWh, an increase of 102.5 percent y/y. On the gas market the turnover grew by 3.4 percent...

Locked content 490 km of new roads may be built in 2019 – GDDKiA

Nearly 490 km of new roads will be given to drivers by the end of 2019, spokesman of the General Directorate for National Roads and Motorways (GDDKiA) Jan Krynicki said. He reminded that now drivers have 3730,7 km of highways available. GDDKiA plan includes, among others, an extension of the A1 moto...

Locked content VRG revenue up by 34% in December

VRG (former Vistula Group) recorded consolidated revenue of PLN 147 million in December, an increase of 34 percent y/y, the company said. Retail sales in the clothing segment (Vistula, Wólczanka, Deni Cler, Bytom brands) amounted to about PLN 78.1 million and were higher by around 50.1 percent y/y. ...

Locked content Dow Jones climbs after Fed chief’s comments, jobs report

The Dow Jones industrial average soared more than 700 points on Friday after two positive pieces of news for the market. Stocks took off after Federal Reserve Chair Jerome H. Powell hinted the central bank could pause its rate hikes. “We will be patient as we watch to see how the economy evolv...

Locked content Sales of daily newspapers down by 7% in November

The total circulation of paid nationwide daily newspapers dropped to 619,800 units, a decline of 7 percent y/y. In comparison with October, sales increased by 3.1 percent, according to data of the Distribution Control Association (ZKDP). The leading broadsheet newspaper, “Gazeta Wyborcza,̶...