Author Archives: Poland AM

Locked content Tomasz Zadroga appointed president of Ursus

December 4, 2018 Poland AM
Following Karol Zarajczyk’s resignation as the president of Ursus, the supervisory board has appointed Tomasz Zadroga as the new president of the company. Agnieszka Biała has also been appointed as a board member responsible for the company’s restructuring. Ursus is currently undergoing ...

Locked content Law to be amended regarding electric scooters 

December 4, 2018 Poland AM
Electric scooters are to be treated like bicycles. This is the assumption of a change in the traffic code to which the definition of the term “personal transport device” will be introduced. Work is underway on a draft amendment to the Highway Code. According to the proposal, a personal t...

Locked content Polish suborbital rocket makes first successful flight

November 27, 2018 Poland AM
The first suborbital flight of 15 km was carried out on the military range in Drawsko Pomorskie (Zachodniopomorskie), the Polish Space Agency announced on Tuesday. The BIGOS 4 rocket test went very smoothly, SpaceForest announced. The test was carried out on Sunday. Its aim was to verify the aerodyn...

Locked content Competition for development of Plac Defilad in Warsaw concluded

November 27, 2018 Poland AM
The winning design, called Central Square, for the renovation of Plac Defilad in central Warsaw, was presented on Tuesday. It was created by the AA Collective studio, it refers to the architecture of the capital before World War II. The Central Square project involves the complete elimination of par...

Locked content Former head of the KNF faces up to 10 years in prison

November 27, 2018 Poland AM
The former head of the Polish Financial Supervision Authority, known as Marek Ch., who is accused of violation of rights by a public official in order to achieve personal gain could face up to 10 years in prison if convicted. Marek Ch. was detained on Tuesday by the Central Anticorruption Bureau and...

Locked content PAIH to open Foreign Trade Office in Seoul on November 28 

November 27, 2018 Poland AM
The Polish Investment and Trade Agency (PAIH) will open a Foreign Trade Office (ZBH) in Seoul on Wednesday, November 28, the Agency informed. The PAIH sales office in Seoul joins the group of over a dozen PAIH agencies in Asia. The Republic of Korea is the 11th largest – and considered one of the mo...

Locked content Bytom requests suspension of stock quotes on WSE from November 29

November 27, 2018 Poland AM
Bytom has submitted an application to the Warsaw Stock Exchange (WSE) to suspend share quotations from November 29, 2018 in connection with the planned merger with Vistula Group, the company said. At the beginning of June, the boards of the Vistula Group and Bytom adopted resolutions regarding the i...

Locked content Most Poles expect housing prices to rise in 2019

November 27, 2018 Poland AM
The ING Financial Barometer survey, in which 1,000 respondents from Poland were questioned, shows that the majority (two-thirds) of Poles forecasts a rise in housing prices in 2019. This will lead many people to make faster purchasing decisions, which will again contribute to successive increases in...