Locked content Experts in Sejm examine problem of toxic loans in Poland

How to solve the problem of toxic loans in Poland and how to protect consumers in the financial market? This topic was discussed by experts on Friday during an international conference in the Sejm co-organized by the Stop Lawless Banking Association. Opening the conference on “Consumer Problems in t...

Locked content Family support package to cost hundreds of millions: Kowalczyk

The support package for families being prepared by the government will cost several hundred million PLN, the Head of the Standing Committee of the Council of Ministers Henryk Kowalski stated in an interview with Radio Zet. He noted that the prime minister has set up an interministerial team to devel...

Locked content Polish mobile operator Play calls off sale

The owners of Polish mobile phone operator Play have called off an auction to sell the business after private equity offers failed to meet expectations. Greek fund Tollerton and Iceland’s Novator, which own the business, received non-binding bids from a handful of private equity firms last week. War...

KGHM likely to be put under Ministry of Energy

Following the liquidation of the Ministry of State Treasury, supervision of Polish copper mining giant KGHM Polska Miedź is likely to be transferred to the Ministry of Energy, while insurance company PZU will probably go to the Ministry of Development, the Head of the Standing Committee of the Counc...

Wrocław continues to attract shopping mall investments

Despite retail space saturation and a growing vacancy rate, Wrocław remains an enticing location for developers, according to analysts at Colliers International. Currently, the city has 18 shopping centers with a total GLA of 654,000 sqm, which results in saturation on the order of 821 sqm per 1,000...

Locked content President signs law on UN climate agreement

President Andrzej Duda signed a law on Thursday authorizing the head of state to ratify the UN climate change agreement. This followed the Sejm’s approval of the law on Thursday. This agreement, negotiated last year in Paris, requires states to limit CO2 emissions. The aim is to keep the increase in...

Locked content Hilton to open 9 new hotels in Poland

Hilton plans to open nine new hotels in the next few years in various Polish cities, Hilton WorldWide informed. In August, Hilton WorldWide announced that in Gdańsk and Lublin hotels of the Hampton by Hilton brand will be opened. A few days ago, the official opening took place of the DoubleTree by H...

Unemployment rate in September down to 8.4%

Unemployment in September fell by 0.1 percent m/m to 8.4 percent, according to the Ministry of Family, Labor, and Social Policy. The unemployment rate in September was 1.3 percentage points lower than in September of last year. The very same rate of registered unemployment was recorded in June 1991,...