Locked content 100 Warmate drones for Polish army in 2018

So far, the army has received 20 pieces of Warmate loitering munition, 80 more will be delivered by the end of the year, Tomasz Badowski from WB Electronics, which produces these short-range impact drones said. By the end of the year, a total of one hundred Warmates will be provided, used for traini...

Locked content Lasy Państwowe warns against risk of fires

Due to high temperatures and lack of rainfall, the risk of fires increases, indicated Lasy Państwowe (State Forests). According to data from PSP (State Fire Service), the forests have been burning 3,147 times since the beginning of March; 39 percent were cases of arson. The statistics show that the ...

Locked content Vistal Gdynia with PLN 21.3 mln net loss in Q1

Vistal Gdynia reported Q1 consolidated net loss at PLN 21.29 mln compared to PLN 4.35 mln net profit a year earlier.  Q1 operating loss amounted to PLN 10.12 million from PLN 4.27 million profit in 2017. Q1 consolidated revenue dropped by 87.1 percent to PLN 13.58 million year-on-year. Unconsolidate...

Locked content GetBack will verify restructuring plan within 2-3 months

GetBack, which released unaudited results for 2017, estimates that it will review the restructuring plan presented earlier in 2-3 months’ time. The company is working towards reducing costs. In the first quarter it will continue cleaning its balance sheet, GetBack representatives said on Wedne...

Locked content Economic poverty fell to 4.3% in 2017 – GUS

In 2017 extreme poverty rate was down at 4.3 percent, a decrease of 0.6 percentage points compared to 2016, according to the results from Central Statistical Office (GUS) data. The situation improved in particular in rural areas. It is highly probable that the factors that contributed most to the im...

Locked content Elektrobudowa cuts 2018 net profit forecast to PLN 27.3 mln

Elektrobudowa Group lowered its net profit forecast to PLN 27.3 million from PLN 46 million in 2018, the company said in a statement. According to the new outlook, Elektrobudowa SA’s net profit is to reach PLN 34.8 million, not PLN 41.9 million as assumed earlier. Elektrobudowa still sees 2018...

Locked content Qumak appeals against ruling in favor of Oracle Polska

Qumak filed an appeal against a court ruling ordering the company to pay PLN 8.22 million along with statutory interest for delay, as well as costs of the trial and legal representation in the total amount of PLN 39,400. Earlier on May 23, District Court in Warsaw ordered Qumak to pay Oracle Polska ...

Locked content Poles consumed less fish in 2017

Preliminary data shows the consumption of fish and seafood in 2017 amounted to 12.52 kilograms per capita and was 4.5 percent smaller than in the previous year, according to the results of the analysis of the Institute of Agricultural and Food Economics (IERiGŻ). The decrease in consumption concerne...

Locked content SCNTPL will build satellite and spacecraft components

Silesian Science and Technology Centre of Aviation Industry (SCNTPL) and Thales Alenia Space (TAS) signed framework agreement on building components for satellites and spacecraft, the company informed on Friday. The value of this contract was not disclosed. CEO of SCNTPL, Bartłomiej Płonka, stressed...