Locked content Morawiecki: GDP growth will fluctuate around 3% this year 

Deputy Prime Minister, Minister for Development and Finance Mateusz Morawiecki said today that economic growth this year will fluctuate at around 3 percent. According to the minister, data on exports has been inflated by as much as PLN 30 billion per year in recent years and therefore he has recomme...

Locked content Sphinx records PLN 4.67 million profit in Dec. 2015- Nov. 2016 

Restaurant chain Sphinx Poland has posted a consolidated net profit of PLN 4.67 million in the period December 2015 – November 2016 compared to PLN 7.38 million for the previous year, the company said. “In light of changes in the economic environment, the company’s most important c...

Locked content Malow to invest PLN 40 million in Suwałki SEZ

  Metal furniture producer Malow is to invest a further PLN 40 million in the Suwałki Special Economic Zone (SEZ). Malow is one of the key and longest-standing companies in the zone. As part of the investment Malow plans to hire 10 new employees, adding to the current workforce of 566. Monika O...

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...