Locked content Ryanair to cancel more Polish flights

Irish budget airline Ryanair will cancel 18,000 flights from its fall/winter schedule, including a number of them from Poland. According to the company, routes between Szczecin and Edinburgh, Hamburg and Katowice, Newcastle and Gdańsk, Warsaw-Thessaloniki, and Kraków-Trapani will be suspended indefi...

Locked content Kruk acquires PLN 420 mln debt portfolio

WSE-listed debt collector Kruk, through its subsidiary Prokura NS FIZ, won the tender for PLN 419.7 million debt portfolio of Getin Noble Bank, the company said in a market filing. This is another portfolio acquired by Kruk recently, after buying PLN 550 million debt from Deutsche Bank. In 2016, Kru...

Locked content Tusk beats Duda in a presidential poll

According to a poll conducted by Pollster, if Donald Tusk and Andrzej Duda were to face each other in the second round of the presidential election, the European Council head would defeat the incumbent president. Tusk would enjoy a 53 percent support, while Duda would get 47 percent. The polling com...

Locked content Sunday trade ban to come into force next year

According to the Law and Justice (PiS) MP Janusz Śniadek, the decision has been made to implement the ban on Sunday trade on every other Sunday, starting from next year. “The political decision has been made, now the bill will be fast-tracked and come into force next year,” Śniadek told Tok FM radio...

Locked content Szydło hopes for good cooperation with Germany after elections

PM Beata Szydło congratulated German incumbent Chancellor Angela Merkel on winning the parliamentary elections and added that she hopes for ”good cooperation” between two nations. “The future coalition under your leadership will serve the citizens of Germany, European integration and the strengtheni...

Locked content Ekotech mulls NewConnect IPO

Land reclamation and macro levelling company Ekotech, plans to debut on the small-cap, alternative NewConnect market in 2019, the company’s CEO Kamil Szczygielski told ISBnews. “The pace of our development means that we already have to take into account this form of financing. The growing production...

EU subsidies reach PLN 128.8 bln

The value of EU subsidy applications submitted by September 24 amounted to PLN 250.6 billion, according to data released by the Ministry of Development. Till that day, 22,795 contracts for the EU co-financed projects amounted to PLN 128.8 billion in EU subsidies.

JP Morgan to hire 3k people in its Warsaw center

JP Morgan confirmed the news that it will open its global operations center in Warsaw which will bring in some 3,000 jobs. “JP Morgan sees strong human capital in Poland, ready for the challenges of the future. We also see an economic structure that is excellent for our company,” the bank’s Managing...