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Biedronka cuts down plans on lower sales

Jeronimo Martins Polska, the owner of Poland’s biggest discount store network Biedronka, has said that it would open fewer stores than it had initially planned in Q4 2014.

Prime Minister: stress tests against stronger frank necessary

Prime Minister Ewa Kopacz has requested that the head of the Financial Supervision Authority conduct stress tests of Polish banks against the sudden strengthening of the Swiss frank, the president of the Economic Council Jan Krzysztof Bielecki said in a statement.

Grupa Lotos with unexpected loss in Q3

Poland’s second-largest oil firm Grupa Lotos recorded a net loss of PLN 35 million in the third quarter of 2014, the companz said in its financial report. Analysts surveyed by the Polish Press Agency had expected the result to be a net profit of PLN 75 million.

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