Polish center, Marcin Gortat has signed a new 5 year deal with NBA outfit Washington Wizards a team which he played for last season, before his contract expired and he became a free agent.
Poland’s state-owned Bank Gospodarstwa Krajowego will invest in over thousand rental apartments next year and 2-5,000 in 2016, bank’s capital investment department head Piotr Kuszewski told the Polish Press Agency. This year, the number will stand at “few hundreds,” Kuszewski said. “Lett...
Wojciech Janowski, Poland’s Honorary Consul in Mexico admitted to involvement in the murder of his mother-in-law, Helene Pastor – heiress to one of the biggest family fortunes in Monaco. Shortly thereafter, Janowski was dismissed form his position which he held since 2007. “The post of Honorar...
Former Luxembourg prime minister Jean-Claude Juncker was nominated by 26, out of 28 EU leaders to become the next President of the European Commission. The only two politicians who voted against his candidacy were British and Hungarian Prime Ministers. “We need to send a clear signal and a warning t...
Chinese food producer Lixing Group is looking to invest in Poland, the company’s CEO Lin Jieben told Puls Biznesu. “We could potentially create an alliance with a Polish manufacturer or distributor or invest in a processing plant,” Jieben told the daily. “The possibilities are many, and we wil...
During a summit in Brussels, the Ukrainian president Petro Poroshenko and the chief of the EU Commission, Jose Manuel Barroso and the chief of the EU Council, Herman Van Rompuy have signed the second part of the AssociationAgreement between Ukraine and the EU.
John Godson, Poland’s first ever black MP, has been kicked out of the Poland Together political group, while Anna Grodzka has left the Your Move (Twój Ruch) party on Friday.
Italian consortium Saipem, which spearheads the construction of LNG terminal in Świnoujście is 89.5 percent completed. The completion rate increases at some 2 percent monthly rate. In January, the facility was 80.8 percent complete. Each day over 1,500 people work at the construction site. The facil...
The Central Statistical Office (GUS) reported that retail sales in May rose by 3.8 percent year-on-year. On the other hand, retail sales fell by 2.7 percent month-on-month. Economists predict a stabilization of the retail sales dynamic in the coming months.
The latest data published by the Central Statistical Office (GUS) shows a decrease in unemployment. The unemployment rate at the end of May was 12.5 percent, compared with 13 percent in April, as presented in a GUS statement. This is the lowest unemployment rate in the last year and a half.