Locked content Jagiellonian University and Grupa Azoty sign cooperation agreement

The Faculty of Chemistry at the Jagiellonian University in Kraków and Grupa Azoty, the largest Polish chemical corporation, have signed a cooperation agreement. It involves scientific and research cooperation in the field of chemical sciences, new materials and technologies as well as environmental ...

Locked content ME, PGNiG, PKN Orlen, PGE recruiting for internship program

The Ministry of Energy, the Polish state Oil and Gas Company (PGNiG), the Polish Energy Group (PGE) and PKN Orlen have launched the third edition of the “Energy for the future” internship program, PGNiG announced. The companies and the ministry offer, as part of the program, an annual pa...

Locked content LOT orders 3 more Dreamliners, to have fleet of 15 by end 2019

Polish national airline LOT has ordered another three Boeing 787-9 Dreamliners under an operating lease. The aircraft will be delivered in 2019, the carrier has announced. Taking into account all contracts signed, in this and next year the carrier will have six Dreamliners in its fleet, reaching the...

Locked content CCC to pay dividend of PLN 2.3 per share for 2017

The Management Board of CCC has decided to recommend PLN 37.37 million of the company’s unitary profit to the general meeting of shareholders 2017 for the dividend and part of the supplementary capital amounting to PLN 57.3 million, which will give a total dividend of PLN 2.3 per share, the co...

Polish counterfeiters detained in Spain

Spanish police have detained four Polish citizens near Gerona in the northeast of the country on suspicion of producing and selling counterfeit children’s milk powder. The falsified goods were sent mainly to China.

Q1 2018 investment growth significantly higher than in Q4 2017

Investment growth in the first quarter of 2018 was significantly higher than in the fourth quarter of 2017, the Minister of Investment and Development, Jerzy Kwieciński, informed the Polish Press Agency (PAP) today. He added that he was surprised by the scale of revision of CSO data.

Locked content Biomed Lublin to finalize new factory project by the end of 2018

Pharmaceutical company Biomed Lublin wants to complete financing for its new factory, which is valued at PLN 150 million, by the end of this year, company President Marcin Piróg has informed. “We are working on financing the project of the new factory, and we want to finish these issues by the...

Locked content Top Secret to open 20 stores per year

Clothing brand Top Secret – a subsidiary of Redan – plans to expand its sales network at a rate of 2,000-3,500 sqm annually, i.e. about 20 stores a year, according to a statement from the company chairman, Grzegorz Lipnicki. “We have carried out analysis and in the next three years...

Locked content Ursus with preliminary PLN 4 mln net loss in 2017

Polish agricultural machinery manufacturer Ursus recorded a PLN 4 million loss on revenue of PLN 259 million in 2017, the company has announced presenting its preliminary data. “Net loss in 2017 amounted to PLN 4 million compared to a net profit of PLN 5 million in the same period of the previ...

Locked content BZ WBK net profit at PLN 438.73 mln in Q1 2018

Bank Zachodni WBK recorded a consolidated net profit of PLN 438.73 million in the first quarter of 2018 compared to PLN 453.04 million profit a year earlier, the bank reported. The total income of the BZ WBK capital group for the first quarter of 2018 amounted to PLN 2,002.3 million and was higher b...