Zakopane shopping center officially opened

The Krupówki 40 shopping center in Zakopane, which is owned by the family of local businessman Andrzej Stoch, was officially opened on January 12. The mall welcomed its first visitors in mid-December with new stores and points of service having been gradually opening there since then. The four-floor...

Locked content GDDKiA to spend PLN 1.5 bln on road modernization in 2019

The General Directorate for National Roads and Motorways (GDDKiA) has allocated PLN 1.5 billion for redevelopment and improving the road safety on national roads this year. The road authority plans to organize some 190 tenders this year for such projects. Biggest projects include the section of the ...

Poland sold PLN 12.7 bln retail bonds in 2018

The Ministry of Finance sold PLN 12.71 billion retail bonds last year, which is the best result in a decade, the office informed, easily beating the previous record from 2017 when PLN 6.86 billion worth of such papers were sold. Last year, the ministry offered papers maturing between three months an...

OECD CLI for Poland drops in November

The Composite Leading Indicator (CLI) for Poland decreased by 1.05 points y/y in November to 98.84 points. In m/m terms, the indicator decreased by 0.13 points, according to OECD data.

Locked content OFEs transfers PLN 598 mln to ZUS in December

Private pension funds OFE transferred PLN 598.2 million to the Social Security Fund ZUS under the pre-retirement asset shift in December. In the other direction, PLN 85.7 million in premiums were transferred. Under the Polish law, each OFE member has their assets transferred to ZUS over the 10-year ...

Locked content Poland joins EU-wide space-tracking body

The Polish Space Agency has become a member of the EU-funded Space Surveillance and Tracking (SST) organization which aims to detect, catalog, and predict the movements of space objects orbiting the Earth. Poland has been officially recognized as its member at end-2018, along with Romania and Portug...