Locked content Play will build 2,500 new base stations in three years

Mobile telco operator Play confirmed that it plans to build 2,500 base stations in the next three years. At the end of 2019, the number of operator base stations should not be the lowest among the main competitors. Play had 7,003 base stations at the end of 2018, in line with the target set. TheR...

Locked content Getin Noble and Idea Bank set merger terms

Getin Noble Bank (GNB) and Idea Bank agreed and signed a merger plan. The legal consolidation of the banks, both controlled by Polish magnate Leszek Czarnecki, is planned for Q3 2019, following the necessary approval of the Polish Financial Supervision Authority (KNF). Under the plan, the watchdog s...

Locked content Employment in business sector seen up at 2.8% in December – anal...

December 2018 showed a decline in the growth rate of employment in the business sector (in annual terms) compared to the previous month. The growth rate of wages in this sector slowed down as well, economists surveyed by ISBnews said. Eleven surveyed analysts expect employment growth to reach 2.7-2....

Locked content EU in favor of InvestEU in budget for 2021-2027

The European Parliament voted in favor of establishing the InvestEU Program, which is supposed to support difficult projects to finance, in the next EU budget for 2021-2027. According to the European Commission (EC), the InvestEU Program will bring together under one roof the multitude of EU financi...

Locked content Newag consortium to deliver 10 extra metro vehicles to Sofia

Newag consortium will deliver further ten metro vehicles to Sofia as Metropolitan EAD exercised the right of option, the company said in a press release. The estimated value of work falling on the company under this option is PLN 79.42 million net ( it increased to PLN 239.98 million net under the e...

Locked content US will host conference on Middle East in Poland

The United States plans to organize in Poland an international conference devoted to peace and stability in the Middle East. The conference scheduled for February 13-14 will particularly focus on Iran’s influence in the region – US Secretary of State Mike Pompeo said in an interview with...

Locked content EP transport commission rejects new haulier’s law

The European Parliament Committee of Transport and Tourism (TRAN) rejected on Thursday proposals for road transport regulations, which are particularly unfavorable for Poland. Polish MEPs and Minister of Infrastructure Andrzej Adamczyk said they are satisfied with the vote. However, it does not fini...

Locked content Trump skips Davos as government shutdown continues

US President Donald Trump has decided not to attend the World Economic Forum in Davos on January 22, due to the prolonged shutdown of the US federal government. Trump is currently on his way to the border with Mexico, where he intends to rally support for building a wall on the southern US border. T...

Locked content Norway: oil and gas production will return to record levels

After a slight decrease in 2019, oil and gas production on the Norwegian Continental Shelf will grow from 2020, and in 2023 it will approach the record level of 2004, Oljedirektorat, the Norwegian Oil Directorate (NPD) estimates. The activity on the Norwegian shelf is high, and promising forecasts f...

Locked content Czech Republic is blanketed with heavy snowfall

Damage to transmission lines in the Czech Republic cut at least 18,500 recipients off on Wednesday. By midday, supply to up to 4,000 households was restored. Some of the failures concern high voltage lines – energy companies informed. Heavy snowfall, which has lasted since Tuesday, also brough...