Locked content JSW finds new coal deposits

Jastrzębska Spółka Węglowa (JSW) has announced that in the Bzie-Dębina 2-Zachód deposit in Jastrzębie-Zdrój the first coal seams have been drilled, including one that meets the criteria of industrial profitability. Research into the quality parameters of the obtained coal will be carried out for the...

Locked content Braster to issue over 23 million shares

Braster shareholders have decided to issue over 23 million K series shares. The share capital is to be increased to the amount not higher than PLN 3.224.549.80 by issuing up to 23,076,924 K series shares, with the pre-emptive rights of the existing shareholders. In August, the company announced that...

Locked content OPPO smartphone manufacturer to enter Polish market on January 31

OPPO, one of the world’s largest smartphone manufacturers, will officially enter the Polish market on January 31, the company said. The Chinese manufacturer currently has six R&D centers, ten factories and over 400,000 stores around the world. OPPO’s brand is present in more than 35 market...

Locked content Greece most popular holiday destination for Poles in 2018 

According to a summary prepared by Wakacje.pl, Greece was the most popular destination for Polish tourists in 2018. Compared with 2017, Greece recorded a 51 percent increase in the number of tourists from Poland. Turkey and Egypt were also popular destinations. Turkey came second with 141 percent gr...

Locked content World Bank President resigns

The President of World Bank, Jim Yong Kim, has announced that he will resign at the end of January 2019. Kim did not give a reason for his decision. Jim Yong Kim was the twelfth president of the World Bank in the history of the Bank and held the position from July 1, 2012. He will be temporarily rep...

Locked content New form of company for start-ups from 2020

Prosta Spółka Akcyjna (PSA) is a new type of company that was created for the needs of start-ups. The Ministry of Entrepreneurship and Infrastructure wants the regulations on a simple joint-stock company to become effective in the first quarter of 2020.  Registration will be simpler and cheaper than...

Locked content Tauron working on virtual power plant project

Ekonergia, a subsidiary of Tauron Polska Energia, is working on a virtual power plant project which can be connected to any renewable energy plant no matter its geographical location, Tauron said. The project involves the construction of an electronic platform whose decision module will analyze the ...

Locked content Nearly 60 million cinema tickets sold in 2018

Almost 60 million tickets were sold in cinemas in Poland in 2018 according to the latest data from Boxoffice.pl, summarizing the past financial year in the industry. The official Boxoffice.pl data shows that 2018 was a record year for cinema ticket sales, with over 59.5 million tickets sold – 5.1 pe...