Locked content Former Duda spokesman becomes deputy foreign minister

Marek Magierowski, who left his post as President’s Andrzej Duda spokesman earlier this month was appointed deputy foreign minister. He will be responsible for contacts with Asian nations. Magierowski left his previous position citing personal reasons, however various media reported that Presi...

Locked content Two Poles killed in Manchester terror attack

Poland’s foreign ministry informed that two Polish nationals were killed and one was injured in the attack in Manchester on Monday. “We share the pain of the family and the loved ones of the victims and express our most sincere condolences,” MFA said in a statement. According two British media...

Locked content EY: The number of FDIs in Poland grew by 21% last year

The number of FDIs in Poland amounted to 256 last year, representing a 21 percent increase, the latest EY’ European Attractiveness Survey said. Thanks to these investments 22,074 new jobs were created (12 percent increase). This makes Poland fifth biggest European country in terms of number of...

Locked content NanoGroup plans IPO in H2

Biotech company NanoGroup filed its prospectus to the Financial Market Authority (KNF) and plans IPO in the second half of the year, company’s CEO Marek Borzestowski informed. “We plan to use the funds from the IPO to finance development of our projects concerning oncological prevention and tr...

Locked content PiS with lead over opposition – Kantar Public poll

According to the latest poll by Kantar Public, if elections took place this Sunday, 35 percent of Poles would vote for ruling Law and Justice (PiS), while 21 percent would vote for Civic Platform (PO). PiS support declined by 3 percent, while PO’s increased by 2 percent. Other parties that wou...

Locked content PHN with Q1 loss

WSE-listed, state-owned real estate developer Polski Holding Nieruchomości (PHN) had a PLN 2.4 million loss in Q1, down from PLN 8.2 million profit y/y. Revenues inched up to PLN 40.7 million (up by 0.2 percent y/y), while operating loss amounted to PLN 2.3 million compared to PLN 13.2 million profi...

Locked content Waszczykowski: Poland ready for ‘new opening’ with France

Polish Foreign Minister Witold Waszczykowski has said that Warsaw is ready for “a new opening” in relations with France following Emmanuel Macron’s victory in the presidential election in France. In a phone conversation with his newly appointed counterpart Jean-Yves Le Drian, Waszczykowski said that...

Locked content Superior tenders 11.4 mln Uniwheel shares

Superior Industries tendered 11.4 million shares of WSE-listed alloy wheels producer Uniwheels, representing a 92.3 percent stake in the company. The transaction will be finalized on May 25. American investor agreed to buy 7.6 million shares representing a 61.29 percent stake in the company from its...

Locked content EU with an ‘offer you cannot refuse’ to expand euro zone

The European Commission is working on an offer which will make adopting the euro more attractive to the EU members, European Economic and Financial Affairs Commissioner Pierre Moscovici said. “We will try to make a framework that is attractive enough, that is like, as they say in the movies, an offe...