Locked content Inflow of Ukrainian professionals welcomed by Polish employers

Poland’s labor market is increasingly attractive to foreign professionals, including managers and IT specialists, especially from the country’s eastern neighbors, according to the daily Rzeczpospolita. In the first nine months of this year, around 100,000 applications were submitted to obtain legal ...

Locked content Warsaw prosecutor launches investigation of Caracal tender

The District Prosecutor’s Office in Warsaw has launched an investigation into the tender for the Caracal helicopters for the Polish military, Michał Dziekański, spokesman for the prosecutor, announced. The basis of the investigation is Article 231 of the Criminal Code, which provides for up to three...

Locked content Grain exports grow 18% y/y in July-August – ARR

Poland’s grain exports rose 18 percent y/y in the first two months of the 2016-2017 marketing year (i.e. July and August), reaching 1.1 million metric tons. Grain imports in this period fell 19 percent y/y to 131,000 tons. This is according to calculations by the Agricultural Market Agency (ARR) bas...

Locked content WSE net profit rises to PLN 40.34 mln in Q3

The Warsaw Stock Exchange (WSE) recorded a consolidated net profit of PLN 40.34 million in Q3 of 2016, up from PLN 30.11 million a year earlier, the company announced. The operational profit amounted to PLN 45.13 million versus PLN 35.31 million a year before, while consolidated sales revenues stood...

Locked content PKP Cargo to buy traction energy from PKP Energetyka for PLN 861 mln

PKP Cargo and PKP Energetyka have concluded an agreement worth PLN 700 million net (861 million gross) for the sale of electricity and distribution services by December 31, 2018, PKP Cargo reported. “The agreement covers the sale of electrical energy and provision of traction energy distribution ser...

Locked content Poland moves up several spots in EU transport ranking

Poland has moved up several places in the EU’s ranking of transport quality. In this year’s ranking, published on Thursday by the European Commission, Poland is in 22nd place, tied with Lithuania. Last year it was in second-last place among the 28 EU countries. The ranking compares the p...

Locked content Nielsen to employ 700 in new Warsaw operations center

Nielsen, a company operating in the field of market research and analysis, is opening its first global operations center in Warsaw, Director General Mitch Barns announced. Ultimately, the center will employ 700 specialists dealing with research and analysis. “The economic stability of the coun...

Locked content Cyfrowy Polsat tops Forbes ranking of 100 biggest Polish firms

The monthly magazine Forbes has published its ranking of the 100 biggest Polish firms, but large well-known companies like PKN Orlen and PKO BP are missing from the list. Instead, the top three places are held by Cyfrowy Polsat, LPP, and CCC. The reason is that the ranking only lists firms not major...

Locked content Poland to file complaint against Commission tax ruling

The Polish government is preparing to file a complaint against the European Commission regarding its suspension of the new retail tax, Prime Minister Beata Szydło confirmed. Szydło said that the complaint to the European Court of Justice will contain arguments in favor of the new tax. The Polish sid...