Locked content Energa to spend over PLN 10 bn on investments by 2025

Energa will spend over PLN 10 billion on investments in the distribution network in 2018-2025, the president of the company, Alicja Barbara Klimiuk, has announced. She pointed out that the most important tasks are the construction and expansion of the network relating to the connection of new custom...

Locked content UOKiK initiates proceedings against Telekomunikacja Stacjonarna

The Office of Competition and Consumer Protection (UOKiK) has initiated two proceedings against Telekomunikacja Stacjonarna. This is the result of numerous complaints from consumers and the consumer ombudsmen. According to complaints, representatives of Telekomunikacja Stacjonarna claimed to represe...

Locked content Santander Bank Polska introduces Fitbit Pay mobile payments

Santander Bank Polska has introduced the Fitbit Pay mobile payments. The bank is the first on the domestic market to introduce the possibility of using the Fitbit devices with the Fitbit Pay function. Fitbit Pay transfers can be made using contactless payments using Fitbit Versa and Fitbit Ionic sma...

Locked content Motorola Solutions opens innovation studio in Kraków

Motorola Solutions Systems Polska has opened an innovation studio at its center in Kraków. The goal of the studio is to create the conditions for the development of new, innovative products. The innovation studio is named after Henryk Magnuski, a Polish engineer and former employee of the Motorola c...

Locked content MIiR pledges PLN 1 bn to improve disabled accessibility 

Jerzy Kwieciński, the head of the Ministry of Investment and Economic Development (MIiR), has announced a program for schools, universities and healthcare facilities with the aim of improving accessibility for people with disabilities. The budget for the initiatives is PLN 1 billion. As part of the ...

Locked content PwC revenues in Poland up by 17% y/y 

PwC has increased its revenues in Poland by 17 percent y/y for the fiscal year ending June 30, 2018, the company said. As one of the “Big Four” auditors, PwC’s total global revenues for the financial year ending June 30, 2018 amounted to $41.3 billion, an increase of 10 percent y/y. The larges...

Locked content Andrzej Sapkowski claims PLN 60 mln in royalties from CD Projekt

Andrzej Sapkowski, the author of The Witcher series of novels, has claimed that CD Projekt Red, the makers of The Witcher series of video games, owes him more than PLN 60 million in royalties. CD Projekt refutes the claims. The author claims that the agreement he signed with CD Projekt Red infringes...

Locked content PKN Orlen finalizes takeover of Unipetrol 

PKN Orlen has finalized the purchase of 100 percent of the shares in Czech Unipetrol. “The aim of all integration processes is to create an entity that will operate much more efficiently as a whole and which will strengthen its position in a competitive market,” said PKN Orlen CEO Daniel Obajtek. Th...

Locked content Soho Development to buy 7.34 mln of own shares

Soho Development will purchase 7,339,449 of its own shares for almost PLN 24 million. Purchase offers were submitted for purchase covering a total of 35,245,764 shares, the company said in a statement. The expected allocation rate will be around 20.8 percent. In mid-September, the company announced ...