Locked content Unsatisfied customers complain

The State Trade Inspection reports 22,000 inspections last year, out of which 3,000 came after complains by unsatisfied customers, news agency IAR reports. Most of the complaints concerned shoe quality, clothes or home appliances. Nearly 50 percent of all interventions were food inspections. The qua...

PKP Cargo to buy locomotives for PLN 200 mln

Poland’s largest railway freight operator PKP Cargo wants to open a tender for ten multisystem locomotives worth approximately PLN 200 million. The company wishes to use it to independently transport goods to Germany, the Czech Republic, Slovakia, Austria, Belgium, Hungary, The Netherlands and...

European Commision announces aid to farmers

The European Commission wants to spend €125 million on helping fruit and vegetable producers that experience losses due to Russian embargo. The funds are going to be used on withdrawing a part of the crop from the market to secure the stability of the prices, the EC said on Monday.

ZUS with PLN 3 bilion less than expected

The Social Insurance Institution (ZUS) notes, according to Puls Biznesu, that it’s income in first half of 2014 was PLN 65.8 billion. This result is PLN 0.3 billion lower than in the first two quarters of 2013. It is the first decline since 2008.

Poland to increase military spending

The Polish government is working on an act increasing military spending to 2 percent of  the GDP, Dziennik Gazeta Prawna reports. This means, that the army will be able to spend PLN 800 million more every year.

Poles go for traditional cinemas

Data from the Central Statistical Office show that the share of multiplex cinemas in the market fell from 58.1 percent in 2012 to 55.2 percent in 2013 (cinemas with eight auditoriums or more). The highest increase of customers was noted in so-called miniplexes (three to seven auditoriums) and the sm...

Locked content PGNiG income not as high

PGNiG, the biggest Polish gas company,  has finished the second quarter of 2014 with PLN 338 million net profit attributable the shareholders of the parent company. Last year’s result was a bit better with PLN 352 million profit. The profit estimated by analysts was higher (PLN 689.5 million),...

Locked content Agora’s loss smaller than expected

Agora Group, one of Polish largest media holdings, published its latests operational results on Thursday, with a PLN 1 million loss in the second quarter of 2014. Agora Group ended last year’s second quarter with a result PLN 0.3 million worse. Analysts surveyed by the Polish Press Agency expe...

Locked content OFEs popular despite obstacles

Some 2.53 billion of Poles chose to remain with remain private pension funds (OFEs), the Social Insurance Institution (ZUS) announced on Wednesday. Although the OFE option was not advertised and required signing a special document (whereas the ZUS option did not), the number of people remaining with...

Locked content Poles go for on-line drugs

E-pharmacies are becoming increasingly popular in Poland. In both January and March 2014 Polish pharmaceutical e-commerce sites recorded over 2 billion real users, according to data from Megapanel PBI/Gemius. This is a significant rise from last year’s autumn and spring, when only 1.7-1.8 bill...