Locked content Złoty reaches highest level in months

The Polish złoty rose in trading against the euro last week, and finished the week below €4.35, it’s best showing since late October of 2016. According to analysts, the rise could be attributed to the recent weakening of the US dollar and the fact that international credit ratings agencies, such as ...

Locked content Polish President approves new act changing financing of road projects

President Andrzej Duda signed an amendment to the Act on Public Roads on Thursday, which will allow local governments to co-finance investments in national roads and multiple financing sources for individual projects, said the Office of the President in a press statement. “This solution meets the ne...

Locked content PKP chooses Torpol for latest project worth PLN 149 million

Poland’s railroad operator PKP PLK has awarded a tender worth PLN 149 million to railroad and tram producer Torpol for revitalization of the Szczecinek–Runowo Pomorskie railway line, the company said in a press statement on Friday. “The terms of construction indicated in the submitted offer wa...

Locked content Education Minister outlines phasing in of new school system

Anna Zalewska, Poland’s education minister, confirmed that middle schools (Polish: gimnazjum), in their current form in Poland, would cease to exist, but that the process would be implemented gradually, beginning in September of 2017. The minister was speaking in an interview with Polish Radio on Fr...

Locked content Poland’s national chamber of commerce to work closely with Iran

The National Chamber of Commerce of Poland (known as KIG) announced in a press release on Thursday that it will embark on an economic mission to Tehran during the first week of March of this year in order to connect Polish enterprises with potential Iranian partners. The mission will also consist of...

Locked content Morawiecki signs agreement to continue work with GE

Poland’s Minister of Economic Development and Finance, Mateusz Morawiecki, has signed an agreement for strategic cooperation with American conglomerate General Electric (GE), the Minister announced to reporters on Thursday. “It’s about supporting the development of the Polish economy and indus...

Locked content LOT will add direct flights to Kazakhstan

LOT Polish Airways will begin flying passengers directly to Astana, the capital of Kazakhstan, in May of this year, the company announced on Thursday. It is part of the airline’s strategy of profitable growth, called “LOT 2020.” “The first flight from Warsaw to Astana is scheduled for May 8 […] the ...