Locked content Avian Flu crisis team set up in Wielkopolska

  An outbreak of avian flu in the town of Ostrzeszów in the Wielkopolska voivodship has prompted local authorities to form a crisis team to deal with the situation. Lech Janicki, an official of Ostrzeszów who created the district crisis team said: “We had to take immediate action on the d...

Locked content Setanta to debut on WSE 

Polish company Setanta is to debut on the main market of the Warsaw Stock Exchange on January 19, moving from the NewConnect market, it was announced in a press release on Wednesday. Setanta will be the 487th company listed on the main market and the first debut on the market in 2017, according to t...

Locked content PGNiG gas and oil sales up in IV 2016

Polish Oil and Gas Company (PGNiG) sold 7.37 billion cubic meters of gas in the fourth quarter of 2016 compared to 6.54 billion cubic meters in the same period of 2015. Sales of natural gas in the whole of 2016 amounted to 24.36 billion cubic meters, which was up slightly from 23 billion cubic meter...

Locked content PAIiIZ concluded 64 projects worth EUR 1.75 billion in 2016

The Polish Information and Foreign Investment Agency (PAIiIZ) last year completed 64 investment projects worth a total of EUR 1.745 billion (an increase of 128 percent y/y) which guaranteed some 16,047 new jobs (an increase of 78 percent y/y), said Krzysztof Senger, the vice president of PAIiIZ R...

Locked content Adecco Global Talent Index – Poland takes 38th place

Poland occupies 38th position (out of 118 countries) in Adecco’s Global Talent Index, a ranking that indicates the potential of countries to attract, support and develop talented individuals. “It’s quite a good result, especially as we have build prosperity, not for hundreds of years like Fran...

Locked content ZCH Police agree to purchase PLN 140 million of ilmenite

Grupa Azoty Chemical Works Police has concluded a deal with Titania AS of Norway to purchase ilmenite with an estimated value of PLN 140 million by the end of 2019, the company reported. “The contract value is estimated at PLN 140 million. The agreement was concluded for a specified period fro...

Locked content PLN 17 billion went to families through 500 plus program

As a result of the government’s “Family 500 plus” program, 3.8 million children under 18 from 2.78 million families received more than PLN 17 billion in total up to December 2016, the head of the MRPiPS Elizabeth Rafalska said at a conference on Tuesday. Rafalska, at a joint conference with th...

Locked content EBRD sells 15.8 million shares in Cyfrowy Polsat 

EBRD has sold 15.8 million of its shares in Cyfrowy Polsat representing approx. 2.5 percent of its capital, reported Bloomberg. In September 2014, EBRD sold 2.44 percent of its Cyfrowy Polsat shares at a price of PLN 25.23 per share, and subsequently reduced its vote to below 5 percent. EBRD became ...

Locked content Corporate employment up 3.1% y/y in December, wages increased by 3.7%

In a survey of 14 analysts they concluded that employment growth increased by 2.9-4.2 percent y/y, while the average rise in the corporate sector was 3.1 percent y/y in December. According to the analysts, wages in the corporate sector in December increased by 2.9-4.3 percent y/y, with an average of...

Locked content Kraków SEZ to expand by more than 97 ha

Kraków Technology Park, which manages the Kraków Special Economic Zone had submitted an application to the Ministry of Development for extension of the zone by more than 97 hectares. Krystyna Sadowska from KPT, the zone management company, told the Polish press agency on Tuesday that the government&...