Locked content Polish IT experts win world cybersecurity contest

A Polish team of computer scientists won the general classification of an international cybersecurity contest “Capture the Flag,” beating their competitors from Japan, the US, Russia and Germany, TVN24 reported. Polish team, dubbed “Dragon Sector,” competed in 33 tournaments, winning seven of them a...

Locked content Polish PM visits Ukraine

Ewa Kopacz, Polish Prime Minister, met with Ukrainian Prime Minister Arseniy Yatsenyuk and President Petro Poroshenko during her visit to Ukraine on Monday. The main theme of the visit was Polish support for the Ukrainian reforms. Before meeting with the heads of the state, Ewa Kopacz had laid flowe...

Gov’t will consider a support plan for franc-debtors – Dep...

Deputy Prime Minister and the Minister of Economy Janusz Piechociński said that the government is talking to banks about the recent appreciation of the Swiss franc and about possible aid for people with franc-denominated mortgage loans. Further steps will depend in how the currency market develops, ...

Locked content Record-high apartment sales figures in 2014

As many as 11,200 apartments were sold in Q4 2014 in the top six residential markets in Poland (Warsaw, Kraków, Wrocław, the Tri-City, Poznań and Łódź), a record high figure. Throughout the entire year, 43,000 newly-built apartments were sold on the six biggest markets, which is 20 percent more than...

CHF/PLN surge threatens Polish loan-takers and banks

After the Swiss National Bank announced Thursday it was not going to defend its exchange rate against the euro anymore, the CHF/PLN exchange rate soared to a record-high of over 5.0 before falling to approximately 4.1. On Wednesday, it stood at 3.57. The news hit Polish debtors with mortgage loans d...

Locked content More visitors in Poland, more guests in hotels

As many as 15.8 million tourists who visited Poland in 2014 stayed in hotels for at least one night, Chamber of Commerce of the Polish Hotel Industry (IGHP) estimated. Some 8 million people came to Poland in for business. In addition, more and more people use hotel services for organizing conference...

Locked content Residential developers with record results

Sales in the residential real estate sector hit record high in 2014, with six out of seven developers surveyed boasting an average surge of 40 percent year-on-year, according to a study conducted by daily Dziennik Gazeta Prawna. In one case the hike amounted to 127 percent. Very low interest rates w...