Locked content Construction firms’ revenues increase 2% y/y in H1, their financ...

Ten biggest construction companies listed on the Warsaw Stock Exchange have recorded a 2 percent increase year-on-year in revenue in the first six months of 2017, Deloitte stated in a recent report. Budimex, the largest construction firm in Poland, saw revenue increase of 12 percent to a level of PL...

Locked content Poland and Turkey could double bilateral trade – Duda and Erdoga...

Poland and Turkey could double their bilateral trade to a level of €10 billion a year, said Presidents of the two countries, Recep Tayyip Erdogan and Andrzej Duda, at a Polish-Turkish business forum in Warsaw. Duda stated that the bilateral trade between the two countries has been growing for years ...

Locked content Poland to receive €809 mln in Norway Grants

Poland will receive €809.3 million in Norway grants, Deputy Development Minister Jerzy Kwieciński stated. A part of the funds will be earmarked for the development of citizen society. The institution responsible for allocating these funds will be selected by a committee involving Polish and Norwegia...

Locked content Energa with PLN 500 mln EBIDTA in Q3

Energy firm Energa recorded consolidated EBITDA of PLN 500 million in Q3 2017 and of PLN 1.643 billion for the first nine months of the year, according to the company’s estimates. The group produced 1,059 GWH of energy in Q3, distributed 5,446 GWh and sold 5,092 GwWh of power in Q3 of the year…...

Locked content Record PLN 3 bln in investment projects in Katowice SEZ in 2017

A record number of 40 investment projects worth a total of PLN 3 billion will be carried out in the Katowice Special Economic Zone (KSSE) in 2017. The investments will involve the creation of 1,400 jobs, KSSE stated. Last year, KSSE attracted 29 new investments worth a total of PLN 1.9 billion. Afte...

Locked content Public finance deficit at PLN 50 bn – Morawiecki

The deficit in Poland’s public finance sector will come in at approximately PLN 50 billion this year, while the budget deficit alone should amount to “thirty-something” billion zloty, Deputy PM Mateusz Morawiecki said in an interview for TVP Info. In the budget bill for 2018, budget deficit for this...
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Poland’s grain exports up 19% y/y, non-EU destinations on the ri...

Between July 2016 and June 2017 Poland exported 6.4 million tonnes of grain, including corn, which is 19 percent more than in the corresponding period of 2015/2016, according to data published by the National Support Center for Agriculture (KOWR). The increase was mainly due to the increase in wheat...

Locked content 48% of Poles use subscription payments – Straal

Less than a half (48 percent) of internet shoppers in Poland use subscription payments, compared to 85 percent in the EU-15 countries, according to a study carried out by global payment solutions provider Straal. Poles usually use subscription payments to pay for their insurance (44 percent), utilit...

Locked content Sales in small stores up by 2.7% y/y – report

Sales in small stores (up to 300 sqm) increased by 2.7 percent y/y in September, according to a report prepared by market research firm CMR. In month-on-month terms, sales fell by 10 percent, mainly due to a decrease in seasonal shopping, such as ice cream (a drop of 70 percent m/m), beer (a 22 perc...