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.
Developer Robyg is considering issuing five-year unsecured PB series bonds for an amount not higher than PLN 100 million until June 29, 2018, the company has announced.
Japan Tobacco Group will invest $100 million in the production of PLOOM TECH tobacco capsules, a product with heated tobacco. Production will take place in Stary Gostków near Łódź.
Seasonally adjusted retail sales in Poland increased by 6.6 percent y/y in April 2018, the EU statistical office Eurostat has informed. In monthly terms, retail sales in Poland increased by 0.3 percent. In the entire European Union, retail sales increased by 0.4 percent in monthly terms, while in an...
The Sokołów Group has announced the finalization of its merger with Gzella, a producer of cold cuts from Bory Tucholskie. In March 2018, Sokołów obtained the consent of the Office of Competition and Consumer Protection for the acquisition. The production potential of the Gzella plant is over 6,000 m...
Polish retailer Wittchen has announced consolidated sales revenues of PLN 13.1 million in May 2018, which is an increase of 14 percent y/y.