Locked content PKO BP considering opening London branch

  PKO Polish Bank is considering opening a branch or representative office in London, CEO Zbigniew Jagiełło announced. The final decision is to be made within a few months. “Yes, we are considering opening a PKO BP facility in London. Will it be a branch or a representative office? That w...

Locked content More than 600 new jobs for Łódź SEZ 

Ten new business permits for the Łódź Special Economic Zone will result in over 600 new jobs and investments worth nearly PLN 500 million. Six companies are debutants in the Łódź Special Economic Zone and four businesses will develop their current activities.   “We value both new companie...

Locked content EC: €530 mln for Gdańsk-Elbląg and Wyszków Białystok roads

The European Commission said on Monday it is to spend more than €530 million from the Cohesion Fund to support the construction of expressway S7 Gdańsk – Elbląg and S8 route between Wyszków and Białystok. “With these projects, Polish citizens will be able to reach the centers of regions,...

Locked content PKO BP and PGNiG make deal on transaction banking 

PKO Polish Bank and the Polish Oil and Gas Company (PGNiG) have signed an agreement on strategic cooperation in the field of banking transactions, the companies announced today. In addition, as a result of winning the tender, PKO BP will handle complex accounts for PGNiG Trading Retail (PGNiG OD), a...

Locked content Extreme smog levels continue – free public transport in Kraków 

Due to persistent smog in Kraków, public transport is free of charge for the third day in a row. On Monday, measuring stations registered PM10 levels above 300 micrograms per cubic meter. The acceptable standard is 50 micrograms per cubic meter. Monday (January 30) is the 10th day of this month, whe...

Locked content PGS Software net profits up by 12%

IT company PGS Software has posted positive financial results for the fourth quarter of 2016. Revenue from sales was approx. PLN 22.22 million (up 38 percent), operating profits increased by 27 percent to approx. PLN 6.09 million and a net profit of approx. PLN 4.44 million (12 percent increase) rou...

Locked content Poll – Unemployment rate at 8.3% in December 

The registered unemployment rate amounted to 8.3 percent at the end of December 2016 – an increase of 0.1 percentage points compared to the previous month, according to analysts polled by ISBnews. Forecasts from 14 economists ranged from 8.3 percent to 8.4 percent, with an average of 8.33 (compared ...