Locked content Economic sentiment (ZEW) goes up

The indicator of economic expectations towards Poland grew in January by 9.3 points on a monthly basis and reached -4.3 points, the Centre for European Economic Research (ZEW) in Mannheim announced. The indicator for the current economic situation in the country increased by 2.2 points m/m to 25 poi...

Locked content Innova to acquire ePłatności

Innova AF II, included in Grupa Innova, has applied to anti-monopoly watchdog UOKiK to acquire  Centrum Rozliczeń Elektronicznych Polskie ePłatności (PeP), the office reported. Innova is to purchase the controlling holding of Rzeszów-based PeP. PeP operates in handling payment transactions via payme...

Locked content Cathay Pacific hiring in Kraków

Hong Kong’s Cathay Pacific Airways will hire 100 employees in the Global Contact Center which will be based in Kraków and open in April.  The office will provide services for clients mainly from Europe and Africa. Centrum Business in Małopolska advised the airline while choosing the location. ...

Locked content Beer sales inched up

Polish breweries sold 39.8 million hectolitres of beer during 2015, thus the sales volume grew by 0.7 percent on a yearly basis, according to The Breweries of Poland Association (Browary Polskie). “Analyzing the results of the industry over the last few years, we can say that beer consumption ...

Locked content Transportation sector with record high debt

The Polish transportation sector’s debt grew by PLN 149 million throughout last year, to PLN 487 million, the National Debt Registry (KRD) reported. In January-December 2015 the percentage of transportation firms in debt increased by 60 percent and totaled 16,038. The average company debt amou...

Locked content Galeria Karuzela in Września to be open in May

The opening of shopping mall Galeria Karuzela in Września, a city in western Poland with a population of 28,000, has been scheduled for mid-May, according to a press release. The building is 96 percent leased. Construction work began at the end of 2014. The investor behind the scheme is Lublin-based...

Locked content Gfk acquires NORM Research & Consulting

German market research institute GfK will take over Norwegian NORM Research & Consulting, specializing in online consumer research. NORM Research & Consulting has been operating since 2003. It carries out projects for Unilever, Carlsberg, Arla Foods and Nestlé, among others. The Polish unit ...

Locked content PCC Rokita liquidates firm in Belarus

Chemicals group PCC has launched a liquidation process of PCC Prodex Bel Ltd, its subsidiary based in Belarus, its management reported. PCC Prodex Bel Ltd was founded in 2012 in Minsk. PCC Rokita debuted on the WSE in January 2014. Other firms from the group on the Warsaw bourse include chemical fir...