Locked content Poland to invest PLN 45-50 billion in 5-6 new power units

Energy minister Krzysztof Tchórzewski told the press on Tuesday that Poland will conduct an investment program in the energy sector with a value of approx. PLN 45-50 billion with the aim of building 5-6 new power plants in the coming years. He explained that construction already underway and those t...

Locked content 80% subsidy on new heating systems for poorest families

On Tuesday morning the Undersecretary of State in the Ministry of Development, Jadwiga Emilewicz, announced that the poorest families will be able to count on a subsidy of up to 80 percent when buying a new furnace. Emilewicz added that there are currently 5.5 million low-quality furnaces in Poland ...

Locked content Record number of tourists visited Małopolska voivodship in 2016

A record 14.9 million people visited the Małopolska voivodship last year – about a million more than in 2015, according to a tourism study presented on Monday. The increase is largely due to the World Youth Day event that took place in July in Kraków. “These results can be a source of pride an...

Locked content Ministry of Finance sells bonds worth PLN 2 billion

The Ministry of Finance today sold 32-week treasury bonds worth PLN 2 billion at auction. Demand amounted to PLN 4.280 billion. The minimum price for the bonds was PLN 9,905 resulting in a yield of 1.540 percent. At the beginning of January the Ministry of Finance sold 33-week T-bonds worth PLN 2.02...

Locked content Polish poultry exports to outside the EU increase by 36.2% y/y

Poland’s exports of livestock, meat, offal and processed poultry increased by 36.2% y/y from January to October 2016 and amounted to over 201,000 metric tonnes, the Foreign Agricultural Markets Monitoring body (FAMMU/FAPA) reported, citing data from the European Commission. In total, EU countries ex...

Locked content New president of PZU TFI from April 1

 Marcin Adamczyk will become president of PZU TFI from April 1 this year it was announced today. Additionally, Cezary Iwanski will be appointed to the board as of February 15, the company reported. Marcin Adamczyk is an expert in the area of ​​investment, and has spent most of his career abroad in L...

Locked content Support for PiS up to 37%, Nowoczesna losing ground

In a report released on Monday, the Polish news agency PAP announced that support for the ruling PiS party had risen by one percentage point to 37 percent since December of last year. Civic Platform (PO), the opposition party, remains some way behind the leading party with 16 percent of support. The...

Locked content Gaz-System signs agreement to build new gas pipeline

Polish gas transmission operator Gaz-System has signed an agreement to build a new gas pipeline from Lwówek to Odolanów in the Wielkopolska voivodship, the company announced in a press release. The project will be implemented in two phases and is to be completed by 2018. “By the end of 2018, the con...