Locked content Drutex expands production hall

Drutex has begun the second phase of its European Woodwork Centre in Bytów. The investment is to cost PLN 100 million and will increase employment by a few hundred workers and production capacity up to 10,000 windows daily. The addition will add about 25,000 sqm of production space, expanding the en...

Locked content New IT system to be used in upcoming presidential elections

A new IT system will be tested in anticipation of the presidential elections in April. The National Electoral Office (KBW) informed the public about the functionality tests and efficiency of software. After last year’s election scandal, a new system has been under development to prevent furthe...

Locked content SMT to issue bonds worth PLN 7 mln

The issue of D series bonds by SMT S.A. will be worth PLN 7 million and will take place on Friday, March 27 on the Catalyst market. Each bond will be worth PLN 1,000 giving a total of 7,000 bonds. SMT capital group (earlier known as ADV) focuses its strategy on IT, especially business development...

Locked content Renewables law signed by President Komorowski

The legislated act from February 20th, regarding renewable sources of energy, has been signed into law by President Bronisław Komorowski. The law makes various instruments available for the production of electric energy, heating, cooling and biogas, as well as for the efficient utilization of agricu...

Locked content EC: energy union top priority

According to Jean-Claude Juncker, an integrated energy market is one of the most important challenges faced by the EU. A recent debate in the European Parliament focused on an upcoming summit of EU leaders. Energy will be one of the main topics, as well as relations with Russia and the situation in ...

Locked content EU indoors: Lewandowski grabs gold

Poland’s premier mid-distance runner, Marcin Lewandowski, brought home the gold in the 800 m men’s final during the European Indoor Track and Field Championships. In an electrifying 4×400 m men’s final, Poland led the entire way, until the last Belgian runner (one of three bro...

Locked content London universities to provide recruits for Polish companies

“Polish firms need new ideas, valuable competencies and a fresh viewpoint. The source of this can be foreign university graduates,” said Franciszek Hutten-Czapski, managing director of the Boston Consulting Group in Poland. The company has been recruiting graduates from British universit...

Locked content Pesa remains confident about 2015

In light of the rejected delivery of trains to Oberpfalzbahn, Germany, Pesa claims to have found an alternate buyer for the same trains. Another German order for over 400 diesel multiple units and a tram order for 120 units from Moscow are not at risk. Pesa is looking to expand in Western Europe as ...

Locked content Elektrotim looking for acquisitions, foreign market entry

Besides potential acquisitions in Poland, Elektrotim is eyeing entering foreign markets, especially in Europe and in the Middle East, according to CEO Andrzej Diakun. Elektrotim is interested in firms that would allow it to attain export sales. “We’re interested in Europe as well as the ...

Locked content Railway infrastructure upgrades to speed up links

Rail modernization, new stations and renovation of existing train stations are all among new investments of Polish Railways PLK. The speed on major rail links should be significantly increased due to these projects. Renovation of rail links in the Silesian Agglomeration will shorten travel times by ...