Locked content Unemployment down at 3.4% in Sept – Eurostat

The seasonally adjusted unemployment rate in Poland was 3.4 percent in September compared to 3.5 percent in August, the EU statistical office Eurostat reported. The number of unemployed people decreased to 577,000 in September from 590,000 a month earlier. In the entire EU, unemployment stood at 6.7...

Locked content “Castle of Heart” will debut in Japan on Nov 29 – 7L...

Kraków-based producer of games for the Nintendo Switch 7Levels said its game called “Castle of Heart” will debut in Japan on November 29. According to the press release, the Japanese company Rainy Frog is responsible for the edition, marketing, and distribution of the title. The price of...

Locked content Mazowieckie – Over PLN 17 mln of EU support

Three projects from northern Mazowsze district will receive over PLN 17 million of EU support. The funds will go to energy modernization of educational facilities and retrofitting of the Provincial Integrated Hospital with the medical equipment in Płock, and thermo-modernization of the hospital buil...

EC draws attention to gender pay gap

The European Commission once again draws attention to the inequality in salaries of women and men. Women in the European Union earn an average of 16.2 percent less than men. It’s as if women would work from October 26 to the end of the year for free.

Locked content Qumak prepares to declare its bankruptcy

Polish IT and technological company Qumak’s management board decided to prepare an application for bankruptcy, the company said in a statement. The decision is related to delays in the case for opening the restructuring proceedings, which Qumak filed on October 15. At the same time, the manage...

Locked content Tauron’s Q3 prelim. EBITDA at PLN 778 mln

Energy producer Tauron Polska Energia has posted its preliminary net profit for Q3 2018 at PLN 286 million, the company stated. Sales revenue amounted to PLN 4.48 billion, and EBITDA came in at PLN 778 million. The company produced an estimated 1.09 million metric tonnes of coal and sold 1.04 millio...

Locked content Gobarto names Marcin Śliwiński new CEO

Meat producer Gobarto has named Marcin Śliwiński its new CEO as of November 1, the company reported.  At the end of September, Gobarto announced the appointment of Śliwiński as the new vice president from November 1. In the meantime, Przemysław Koźlakiewicz resigned from his position as CEO on Octob...

Locked content 35% of Poles save money with a set plan – ZBP

Only 35 percent of Poles save their money according to a predetermined plan, and 60 percent save money in an irregular way, according to the study of the Polish Bank Association (ZBP). More than half of bankers emphasize that their clients save for a rainy day, and one in four does not have a goal a...

Locked content Private consumption may gradually drop in next months

The September dynamics of retail sales in nominal terms (in current prices) and real (in constant prices) fell below the market consensus. Analysts indicate that private consumption will remain the main driver of economic growth this year. However, they expect its pace to gradually weaken in the com...

Locked content PayU provides Google Pay for online purchases

Poland’s leading online payment service provider PayU has added Google Pay payment for online purchases, the company informed on Friday. Payments using Google Pay can be made on all devices (telephones and computers), regardless of the operating system or browser. Google Pay (formerly Android ...