Locked content Disney CEO earned record salary in 2018, missed bonus

Disney CEO Bob Iger had a record salary in his career in 2018 despite missing a special $60 million bonus. Iger’s record wage is related to special awards for his decision to extend the contract until 2021. The CEO’s salary in 2018 was one of the highest in the history of the company. In...

Locked content Budimex completes hospital construction in Ząbki

Construction firm Budimex has completed the construction of a hospital in Ząbki, near Warsaw, whose main investor was the local government of the Mazowieckie Voivodship. The facility is the most cutting-edge psychiatric facility in the country. The construction lasted three years and cost PLN 104 mi...

Locked content PHN to buy two Wilanów office projects from Polnord

PHN has signed a letter of intent with Polnord and its subsidiaries to purchase the Bethone and Befree office schemes within the Wilanów Office Park in Wialnów. The buildings offer 17,580 sqm of GLA. PHN is one of Poland’s largest real estate investors, with portfolio comprising 140 assets worth PLN...

Locked content Próchnik to sell Rage Age brand, focus on e-commerce

Clothing company Próchnik has presented the details of its restructuring plan, which includes focusing mainly on internet sales and reducing its range to center on the production of outerwear. The company is also planning to sell its Rage Age brand. “The Próchnik brand must definitely return t...

Locked content European Space Agency approves Polish testing systems

GNSS hybrid and satellite navigation receivers for space applications will be tested using two testing systems designed by Polish engineers. The European Space Agency (ESA) has issued a positive rating for both systems, Astri Polska said on Monday. “At the end of March, representatives of the ...

Locked content Lufthansa cancels 40 flights to and from Poland

Due to warning strikes at four German airports, 40 Lufthansa flights to and from Poland will be canceled on Tuesday the airline announced. Flights to Frankfurt from Warsaw, Krakow, Gdansk and Wroclaw, and to Munich from Poznań will be affected. The warning strikes at Frankfurt, Munich, Cologne and B...

Locked content Wittchen with PLN 15.2 million for 2017 dividend

The Board of Directors of Wittchen has recommended allocating PLN 15.2 million from the net profit for 2017 (PLN 18.26 million) for the annual dividend, the company said. “In accordance with the adopted resolution, the management board recommends allocating the net profit for 2017 in the amoun...

Locked content Poczta Polska signs new agreement with Chinese Post Office

Poczta Polska, the Polish national postal service, has signed an agreement with the Chinese Post Office regarding the continuation of cooperation in the field e-commerce deliveries to Europe by land transport, the company announced today. “Our experience in the field of delivering e-commerce d...

Locked content ‘Memento-Smoleńsk’ monument unveiled in Budapest

A memorial monument “Memento-Smoleńsk” was unveiled in Budapest’s Budafok-Teteny district on Friday, commemorating the April 2010 Smolensk airplane crash, which claimed 96 lives, including that of President Lech Kaczyński. The late president’s brother and head of the ruling Law and Justice party Jar...