Locked content Morawiecki: Poland will spend €3 bln on electromobility

Prime Minister Mateusz Morawiecki wrote on Twitter, that over the next 10 years, Poland will spend at least €3 billion on electromobility. “We take this issue seriously… The money will be invested to develop research projects that will translate into increased innovation and better air quality,” he ...

Locked content Tusk: ‘We will not renegotiate the Brexit deal’

The President of European Council Donald Tusk said that Brussels will not renegotiate the Brexit deal. “We will not renegotiate the deal, including the backstop, but we are ready to discuss how to facilitate UK ratification. As time is running out, we will also discuss our preparedness for a no-deal...

Vacancies grew in Q3 – GUS

There were 157.2k vacancies in Poland at end-Q3, which is a 19.8 percent y/y growth, the Polish Central Statistical Office (GUS) reported.

Locked content PiS support drops, PO grows – CBOS poll

Ruling Law and Justice (PiS) party support has decreased by 1 percentage points to 41 percent, according to the poll conducted by CBOS. Civic Platform (PO) was second with 24 percent support, up by 3 percentage points m/m. PSL was third with 7 percent support (unchanged) followed by Kukiz’15 with 5 ...

Locked content Groclin to sell majority stake in CADM

WSE-listed car seat producer Groclin signed a preliminary agreement with CADM Holdings owned by Abris Capital Partners investment fund regarding the sale of a 51 percent stake in CADM Automotive for PLN 42.5 million. The conditional agreement between the two sides was signed back in October. Groclin...

Locked content Allegro to acquire eBilet

Poland’s biggest online auction and e-commerce platform Allegro.pl submitted an application to the antitrust watchdog UOKiK for permission to takeover online ticket retailer eBilet Polska. The application was received on December 5, the case is pending. Allegro.pl is owned by investment funds Cinven...

Poland raises foreign trade forecasts

The ministry of entrepreneurship and technology has raised its exports growth forecast to 6.2 percent and imports to 8.7 percent. This means, that Polish companies will sell goods and services worth €219.5 billion abroad this year and import €224 billion worth of products.

Locked content WSE to launch 3 dividend-based indices

The Warsaw Stock Exchange will launch three new dividend-based indices on December 27, the WSE announced. The indices will track aggregate dividends paid by the stocks participating in the underlying index (respectively: WIG20, mWIG40, sWIG80) in the calendar year. “We are starting to publish the ne...

State Public Debt at PLN 977,948.5 mln in Q3

The State Public Debt at the end of Q3 amounted to PLN 977,948.5 million, an increase of 1.7 percent on the last quarter of 2017, the Ministry of Finance announced in a statement. In q/q terms, the debt dropped by 0.7 percent.