Locked content Coal prices for power industry down 1.2% in Sept.

In September the price of hard coal for the power industry fell by over 1.2 percent m/m, and the price of coal for heating increased by more than 2.6 percent in comparison to August, price indices published by the Industrial Development Agency (ARP)indicate. The data shows that in September 2018 dom...

Locked content LiveChat with 230 new B2B clients in October

The number of LiveChat’s clients increased by 230 net in October, the company said.  25,628 clients were using the paid version of LiveChat’s software as of November 1, which is an increase of 15.3 percent on an annual basis. LiveChat is a software producer, whose products allow online retailers to ...

Locked content EBRD lifts Poland’s GDP growth forecast to 4.7% in 2018

The European Bank for Reconstruction and Development (EBRD) raised the GDP growth forecast for 2018 to 4.7 percent y/y, and for 2019 to 3.6 percent y/y, up by 0.7 and 0.3 percent respectively compared to forecasts from May – the bank reported. “GDP growth could have reached its peak in m...

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...