Locked content Japan’s Asahi to bid for SABMiller’s CEE beer brands: Nikk...

Tokyo-based brewer Asahi Group Holdings plans to offer over 500 billion yen ($4.87 billion) for SABMiller Plc’s beer business in five Central and Eastern European countries, the Nikkei business daily reported. SABMiller’s business in Czechia, Poland, Hungary, Slovakia, and Romania will b...

Locked content Sejm to continue work on Sunday trade limits

A citizens’ draft law on limiting Sunday trading will go to the Sejm Committee on Social Policy and Family, MPs decided on Thursday. Earlier, the lower house refused to support the Nowoczesna party proposal to reject the draft in the first reading. The bill was submitted in September to the Se...

Senate dismisses RPP’s Chrzanowski

The Senate has approval a proposal to dismiss Marek Chrzanowski from his functions as a member of the Monetary Policy Council (RPP). The vote was 47 in favor, 22 against, with two abstentions. This was essentially a formality following Chrzanowski’s resignation on Wednesday.

Locked content Poland’s new car registrations could rise 18.8% in 2016

Poland could see registration of 485,000 new passenger cars and vans in 2016, up from 408,300 in 2015, which would be an 18.8 percent y/y increase, according to a forecast by automotive market researcher Samar. “Forecasts for the market of new passenger cars and vans in Poland at the end of the year...

Sejm rejects stricter anti-abortion law

The Sejm, the lower house of the Polish parliament, voted by an overwhelming majority to reject a draft law proposed by the “Stop Abortion” citizens’ initiative. The bill provided for an absolute prohibition on abortion and criminal liability for anyone who causes the death of a fetus. MPs vot...

Locked content Sejm to lower retirement age in 2017?

The retirement age should be lowered in a year, effective as of 1 October 2017. That is the recommendation of a Sejm subcommittee, which has completed work on a presidential draft law on lowering the retirement age to 60 for women and 65 for men. The chairman of the subcommittee Jan Mosiński (PiS) g...

Locked content Outdoorzy to debut on NewConnect in Q4 2016

Spółka Outdoorzy, which sells clothing and sports equipment through an online store, has filed an application to start trading shares on the NewConnect market and plans to debut in Q4 this year, the company announced in a press release. Through the issuing of series C shares, the company has raised ...

Food exports rise, but imports even more

The value of Polish food exports reached €11.6 billion in the first half of 2016, up 1.1 percent from a year ago. Imports, however, rose by 4.6 percent, reaching €8.1 billion. For the first time in many years, imports grew at a brisker pace than exports, said Andrzej Kowalski, head of the Institute ...

Locked content Negotiations with Daimler AG on new plant in final stages: Morawiecki

Negotiations on the construction of a Daimler AG engine factory in Jaworze are in the final phase, Deputy Prime Minister Mateusz Morawiecki stated on Wednesday. The plant, costing an estimated €500 million, is to be built in the Legnica Special Economic Zone in Lower Silesia. At the beginning of May...