Locked content Agriculture minister resigns

Agriculture Minister Krzysztof Jurgiel submitted his resignation on Monday citing personal reasons, the ministry said. The resignation was accepted by PM Mateusz Morawiecki and his successor should be announced shortly. Jurgiel has been the agriculture minister since Law and Justice (PiS) won the pa...

Locked content UOKiK wants banks to offer fixed-rate mortgages

The antitrust watchdog UOKiK said that it expects banks to introduce fixed-rate mortgage loans, which according to the office “offer better protection for the consumer during the long-term loan agreement and ensuring the stability of the financial sector in Poland.” “We are concerned about two thing...

Locked content Local residents oppose new Central Airport

Local residents of Baranów voted against the construction of the Central Airport in their community in the Sunday referendum. With 82.8 percent votes against and 17.2 percent for. They also rejected the settlement conditions proposed by the government to the residents in connection to the airport’s ...

Locked content Pharmacy market drops 1.9% y/y to PLN 2.62 bln in May

The value of sales of pharmaceutical products decreased by 1.9 percent y/y to PLN 2.62 billion in May and is expected to grow to PLN 34 billion (a 1.7 percent increase) for the entire 2018, according to a report prepared by PEX PharmaSequence. The revenue of an average pharmacy stood at PLN 174,500 ...

Locked content PLN 12.3 bln bonds issued on Catalyst market in 2017

Last year, there was PLN 12.3 billion worth of bonds issued on the WSE-controlled Catalyst market (148 percent increase). Furthermore, between end-2016-17 the market increased by some PLN 14 billion, according to a report compiled by the auditing and consulting company Grant Thornton under the patro...

Locked content Wojas decides to pay dividend of PLN 0.2/shr

The WSE-listed Polish footwear manufacturer and distributor Wojas shareholders decided to pay the dividend of PLN 0.2 per share or PLN 2.54 million in total for 2017, the company said in a statement. The record date will be July 13,  and the dividend will be paid on July 31. In 2016 Wojas paid PLN 0...

Locked content LOT CEO: Chopin Airport can not be international hub

The entire capacity of the Chopin Airport has already been used. The airport was poorly constructed and as a result is now unable to take over the role of an international hub, LOT CEO  Rafał Milczarski stated. He added that the new airport in the municipality of Baranów should suit for this role. M...

Locked content Piotr Kulikowski named new head of National Poultry Council

The National Poultry Council appointed Piotr Kulikowski as the new President of the organization.  Earlier the post was held by Rajmund Paczkowski for four consecutive terms. As of now, Paczkowski will be the Vice-president. Piotr Kulikowski was previously the Vice-president of Association of Poultr...

Locked content Number of toursists using accommodation grows – GUS

The number of tourists using accommodation in Poland in January-April grew by over 7 percent y/y, Polish Central Statistical Office (GUS) reported. There were around 8.7 million tourists compared to 8.1 million in the same period of 2017. In January-April, GUS registered  6.9 million domestic touris...

Locked content 1.3 mln farmers applied for direct payments in 2018

In 2018 almost 1.3 million farmers applied for direct payments. 866,000 of those applications were delivered to the Agency for Restructuring and Modernization of Agriculture electronically. In 2017 there were only 11,000 online applications. Most applications were submitted in Mazowieckie, Lubelskie...