Locked content Prime Minister: problems with CETA are yet another EU crisis

The problems with the signing of the CETA trade agreement between Canada and the EU show that the EU is going through yet another crisis, as it is unable to agree on a single position on important agreements, Prime Minister Beata Szydło said at a news conference on Wednesday. Besides the problems wi...

Locked content IBRIS: Poles want a national credit card – but it should work ab...

Nearly 70 percent of Poles want to see more competition in the payment card market. A national credit card could contribute to this, in their opinion, but at the same time, they would like the card to work abroad as well. This is according to a survey by pollster IBRIS conducted in October. To the q...

Locked content Orlen Lietuva and Lithuanian railways fail to reach compromise

Polish oil company Orlen Lietuva and Lithuanian Railways have failed to reach a compromise on rail transport rates. The Lithuanian side believes that the dispute should be resolved by a court. “Negotiations have not taken place for several months. Neither side wants to give in, so let a court decide...

Locked content Over 77% of Poles ready to pay cash for online purchases

According to a survey commissioned by paysafecard, 77.8 percent of Poles would gladly make use of the opportunity to pay in cash on the internet. “Attitudes to internet puchases are constantly evolving. New technologies are offering us more and more payment options for online transactions. […]...

Locked content Bloober Team plans WSE debut in first half of 2017

Listed on the NewConnect market, video game producer Bloober Team plans to move its listing to the main market of the WSE in the first half of 2017, the company announced. The company wants to start a subsidiary in California and within three years achieve a “leading position” in the global market f...

Locked content BZ WBK and mBank y/y profits fall in Q3

Bank Zachodni WBK recorded a PLN 425.93 million consolidated net profit attributable to shareholders of the parent company in Q3 of 2016, a y/y drop from PLN 472.72 million, the bank reported. The bank’s net interest income stood at PLN 1.218 billion, up from PLN 1.09 billion a year earlier. N...

Locked content Żywiec Group net profits fall y/y to PLN 82.46 mln in Q3

Żywiec Group recorded a PLN 82.46 million consolidated net profit attributable to shareholders of the parent company in Q3, down sharply from PLN 135.98 million a year earlier, the company said in a report. Operating profit in Q3 stood at PLN 118.35 million compared to PLN 181.36 million a year earl...

Locked content Government considers KGHM pullout from Chile

The government is considering the withdrawal of the state-controlled company KGHM from a copper mine in Chile. The PLN 11 billion investment, made in 2012, was the largest foreign acquisition in the history of Poland. “By the end of October, verification is expected of geological reports, which will...