Author Archives: Michael Evans

KUKE expects further recovery of yacht exports

September 4, 2018 Main News
Yacht sales are currently only 0.19 percent of the total value of Polish exports, but they are growing regularly and further recovery in this segment of exports is expected, said Katarzyna Kowalska, vice-president of the Export Credit Insurance Corporation (KUKE).

7 out of 10 Poles think cost of living is high or very high

September 4, 2018 Main News
According to 70 percent of Poles, the cost of living in Poland is high or very high, the report “Polish statistical portfolio” has found. The report was conducted by the National Debt Register (KRD) prepared on the basis of research by Kantar Millward Brown. Every month the average house...

PKN Orlen to become sole shareholder of Unipetrol

August 28, 2018 Main News
Poland’s largest oil refiner, PKN Orlen, is set to become the sole shareholder of its Czech subsidiary Unipetrol after shareholders agreed to the forced buyout of shares representing approx. 5.97 percent of the share capital.

Government adopts draft law on PPK pension scheme

August 28, 2018 Economy
The Council of Ministers has adopted a draft law on employee capital pension plans (PPK), said Prime Minister Mateusz Morawiecki. The Prime Minister stressed that within 10 years the state will pay about PLN 35 billion to Poles in the PPK scheme.

Number of Poles using fitness clubs increases to 2.91 mln

August 28, 2018 Main News
The number of people using fitness clubs in Poland increased to 2.91 million at the end 2017 from 2.84 million at the end of 2016, according to the report “The European Health & Fitness Market 2018,” prepared by Deloitte in cooperation with the EuropeActive organization.

48% of online shoppers still pay in cash

August 28, 2018 Main News
Some 48 percent of people making e-purchases in Poland choose cash payment on delivery, according to a study conducted for Krajowa Izba Rozliczeniowa (KIR) and the Polish Bank Association (ZBP).