Locked content Duda sends condolences on Muenster attack

President Andrzej Duda has sent his condolences to the German President Frank-Walter Steinmeier, on the tragic attack that took place on Saturday in Muenster, western Germany. “On behalf of the Polish Nation and my own I offer our sincerest condolences. I join the families of the victims in sorrow a...

20 Polish firms in FT1000 ranking

Twenty Polish companies made it into the FT1000 ranking of the fastest growing European companies, published by the Financial Times. As many as 60 percent of the Polish firms were tech companies, including Benhaur (26th spot), Tooploox (30th), RTB House (46th), CodiLime (49th), Cloud Technologies (6...

Locked content Commerz System to employ 500 people in Łódź

German IT firm Commerz Systems wants to employ 200 people by the end of 2018 in its latest office in Łódź, opened on April 6, and plans to create 500 workplaces in total in its Polish branch. At the moment it has a payroll of 150 employees in Łódź. The company operates in Frankfurt and…

Locked content Developers sell 5,973 units in Q1 2018, record 11.5% growth y/y

Fifteen WSE-listed developers (including Victoria Dom listed on Catalyst) sold a total of 5,973 apartments in Q1 2018, 11.5 percent more than in the corresponding period of last year, according to the companies’ market filings. Robyg sold the highest number of units (914, which was 2.5 percent fewer...

Locked content Rafako to bid for PLN 7.6 bln worth of contracts

Energy construction company Rafako is planning to place tender bids for a total of PLN 7.6 billion in 2017, including PLN 4.44 billion in the energy sector and nearly PLN 3.2 billion in gas, oil and other fuels. It expects to win contracts for a total of PLN 0.9-1.2 billion, the company stated…...

Locked content 32 mln tourists visited Poland in 2017

In 2017, 32 million tourists stayed at hospitality facilities with 10 beds or more and accounted for 83.9 stays in total, according to GUS data. Compared to 2016, the figures increased by 6.2 percent and 5.7 percent respectively. The occupancy level stood at 39.3 percent in total and at 48.9 percent...

Locked content Musketers Group with PLN 7.1 bln revenue in 2017

The French Musketeers Group, which comprises the owners of Intermarché grocery supermarkets and the Bricomarché DIY stores, saw revenue increase by 8.5 percent year-on-year in 2017 to reach PLN 7.1 billion, the company stated. Last year the group invested PLN 60 million and has earmarked another PLN...

Locked content PiS with 31.8% support in April – poll

In April, the support for the ruling Law and Justice (PiS) fell by 7.6 percentage points to 31.8 percent, while Civic Platform’s support increased by 1 pp to 23.5 percent, according to pollster IBRiS carried out for daily Rzeczpospolita. Leftist SLD party would receive 12.1 percent of votes (a 2.4 p...

Locked content 44% of companies to increase prices

As many as 44 percent of companies are planning on increasing prices for their products over the next 12 months, according to a study conducted by Grant Thornton. “This is bad news for the Polish inflation,” the report stated. Higher GDP growth, increasing employment and salaries across most industr...

Locked content Strabag wins S19 tender with PLN 295 million bid

Strabag has won the tender for the construction of the S19 section between Nisko Południe and Podgórze, part of the Via Carpathia route, a spokesperson of the General Directorate for National Roads and Motorways (GDDKiA) told PAP. Strabag’s offer amounted to nearly PLN 295.5 million with 34 months t...