Currently, 17 percent of Polish drivers are considering buying an electric car, compared to 12.4 percent a year ago, according to the “Electromobility Barometer 2018”, published by the Polish Alternative Fuels Association (PSPA).
The Council of Ministers has adopted a bill on subsidies for rent covering the first nine years of lease, the Ministry of Investment and Development (MIR) has announced. The so-called “Mieszkanie na Start” is part of the “Mieszkanie +” program. The amount of subsidies will de...
Assicurazioni Generali SpA based in Trieste, Italy has submitted an application to the Office of Competition and Consumer Protection (UOKiK) regarding the takeover of Concordia Polska Towarzystwo Ubezpieczeń Wzajemnych and the Wielkopolska Life and Annuity Insurance Society Concordia Capital.
Fitch Ratings has maintained long-term entity ratings (IDR) for Poland’s debt in foreign and domestic currencies at the A- level. At the same time, it upheld the outlook for ratings at a stable level, the agency said.
BGŻ BNP Paribas has decided to issue 2.5 million series J shares and 10.8 million shares K series shares as part of a private subscription, the bank said. The purpose of the issue is to increase funds by approx. PLN 800 million.
The Ministry of Investment and Development will allocate PLN 300 million from the Infrastructure and Environment Program for cities wishing to buy electric buses and trolleybuses, and the construction of charging stations.
Prime Minister Mateusz Morawiecki has taken over the power to exercise the property rights of PKN Orlen and Grupa Lotos from the Minister of Energy, effective as of June 1, 2018.
A biomass heating plant with 17MW capacity is to be built by the end of 2019 in Biała Podlaska in the Lubelskie voivodship. The construction cost is over PLN 30.5 million. The investment was co-financed by the National Fund for Environmental Protection and Water Management.
Financial directors (CFOs) surveyed by the consulting company Deloitte expect the Polish economy to continue its stable growth; however, 46 percent expressed a feeling of economic uncertainty.
The revenue of Polish footwear manufacturer and distributor Wojas fell in May 2018 by 5.3 percent y/y to PLN 18.3 million, the company said in a statement.