E-cigarette industry flourishing in Poland

They are hip, cool and trendy! Electronic cigarettes are gaining in popularity, but health experts worry about the dangers they may pose. Nevertheless, the market for e-cigarettes is growing and they are becoming the talk of the town in Warsaw

Locked content Twitter to sell ads in Poland

Social media giant, Twitter signed the agreement with 140 Media ad agency to sell advertisements to Polish companies. 140 Media will offer every commercial option, Twitter has in its offer, including “promoted tweets, trends and accounts” and has exclusive rights to sell social media giant’s ads in ...

In the fast lane

Long gone are the days of the Fiat 126p “Maluch” and its big brother, the 125p. No longer will you see Skoda 120s scuttling down the streets of Warsaw. And if you see a Trabant, it’s usually there as a tourist exhibit of times gone by

Locked content LOT to receive second tranche of state aid this summer?

Polish state-owned airline LOT might receive another tranche of state help. “The Treasury Ministry has conditionally approved the handout,” said Deputy Minister Rafał Baniak, adding that the treasury wants to delay the second tranche as much as possible, “possibly not giving it at all, as this would...

Polish exports on the rise

Poland exported goods worth PLN 279.1 billion in I-V 2014, according to Central Statical Office data. During the same time, the country imported PLN 278.8 billion worth of goods. The trade surplus was PLN 279 million.

Locked content PKO BP to open non-life insurance company

Poland’s biggest lender, PKO BP has filed motion to Financial Supervision Authority to set up non-life insurance subsidiary. The bank hopes that its new company will be operational in Q2 2015 and will choose its strategic insurance partner no sooner than in 2015. PKO plans to focus on individual cus...

Legia tops Poland’s richest football clubs list

For the straight third year, reigning Poland champions, Legia Warszawa has topped the Deloitte ranking for the biggest revenue, raking in PLN 94.9 million in 2013 (up from PLN 66.4 million in 2012). Second club on the list, Lech Poznań had PLN 49.3 million in revenue last year, while Zagłębie Lubin ...

Locked content Conventional retail could drop by 10% this year – Euromonitor

The trade in conventional outlets such as supermarkets, hypermarkets and convenience stores could drop by as much as 10 percent this year, according to data released by Euromonitor. According to the report sales in hypermarkets will drop by 1.4 percent to PLN 28.3 billion and that trend will continu...

Liquid gold

Without water, a person can only survive a few days, and it covers over 70 percent of the globe. This makes it a perfect product to sell. But just as with many businesses, the fight for every penny in the beverage sector can be brutal. Celebrity endorsements, lawsuits and stiff competition is just a...

Locked content LNG terminal will be ready by the end of H1 2015 – Piechociński...

Deputy PM Janusz Piechociński said in an interview with Polish Radio, that the LNG terminal in Świnoujście won’t be operational until May or June next year. He also announced that deputy minister of economy Dariusz Bogdan will become a member of the management board of Gaz-System, the company which ...