IMF raises GDP growth forecast in Poland to 4.4% in 2018 

Economic growth in Poland will accelerate to 4.4 percent this year, while next year it will slow down to 3.5 percent, the International Monetary Fund (IMF) has forecasted. This means a rise in the forecast for 2018 presented in April by 0.3 percentage points.

Locked content Ursus with PLN 21.16 mln net loss in Q2 2018

Ursus recorded a PLN 21.16 million net loss in Q2 2018 compared to a PLN 4.05 million loss a year earlier, the company said in a report. The gross loss amounted to PLN 26.04 million compared to PLN 6.54 million loss a year earlier. The company’s management expects the Group to significantly improve ...

Locked content Tauron opens negotiations to purchase wind farms in northern Poland 

Tauron Polska Energia has begun negotiations to purchase wind farms owned by the in.ventus group in northern Poland, Tauron said. The total installed capacity of wind farms in question is approximately 200MW. The aim of the negotiations will be to determine the possibilities, rules, conditions and f...

Locked content MF to offer bonds worth PLN 3-6 billion

On October 4, the Ministry of Finance will offer wholesale bonds of six series, with the maturity period in 2020-2047, with a nominal value of PLN 3-6 billion. The offer will include papers of the series: OK0720 / PS0424 / WZ0524 / WS0428 / WZ0528 / WS0447 (maturing respectively: in 2020, 2024 ̵...

Locked content Energa to spend over PLN 10 bn on investments by 2025

Energa will spend over PLN 10 billion on investments in the distribution network in 2018-2025, the president of the company, Alicja Barbara Klimiuk, has announced. She pointed out that the most important tasks are the construction and expansion of the network relating to the connection of new custom...

Locked content UOKiK initiates proceedings against Telekomunikacja Stacjonarna

The Office of Competition and Consumer Protection (UOKiK) has initiated two proceedings against Telekomunikacja Stacjonarna. This is the result of numerous complaints from consumers and the consumer ombudsmen. According to complaints, representatives of Telekomunikacja Stacjonarna claimed to represe...

Locked content Santander Bank Polska introduces Fitbit Pay mobile payments

Santander Bank Polska has introduced the Fitbit Pay mobile payments. The bank is the first on the domestic market to introduce the possibility of using the Fitbit devices with the Fitbit Pay function. Fitbit Pay transfers can be made using contactless payments using Fitbit Versa and Fitbit Ionic sma...

Locked content Motorola Solutions opens innovation studio in Kraków

Motorola Solutions Systems Polska has opened an innovation studio at its center in Kraków. The goal of the studio is to create the conditions for the development of new, innovative products. The innovation studio is named after Henryk Magnuski, a Polish engineer and former employee of the Motorola c...

Locked content MIiR pledges PLN 1 bn to improve disabled accessibility 

Jerzy Kwieciński, the head of the Ministry of Investment and Economic Development (MIiR), has announced a program for schools, universities and healthcare facilities with the aim of improving accessibility for people with disabilities. The budget for the initiatives is PLN 1 billion. As part of the ...