Locked content Polish factory car production up

Poland’s car manufacturers produced their most lucrative December in over six years, according to the Automotive Market Research Institute Samar. What’s more, production for all of 2016 increased substantially as well. “Total production in 2016 amounted to 660,642 automobiles, about 2.84 percent mor...

Locked content Poles, other Central Europeans continue to suffer in cold snap

The death toll from the recent spell of cold weather has increased to 61 deaths within the past nine days, and about one-third of those occurred in Poland, according to Wednesday Associated Press reports. In the southern Polish city of Rybnik, schools were closed for two days in order to protect chi...

Locked content Białowieża Park being abused by Polish government – Greenpeace

The Ministry of Environment’s management plan of eastern Poland’s Białowieża National Park is inconsistent with the United Nations Education, Scientific and Cultural Organization’s (UNESCO’s) documentation and expectations, according to the environmental rights group Greenpeace and five other NGO’s....

Locked content Energy Ministry mulling nuclear power technology tender

The Ministry of Energy is considering organizing a tender for the nuclear power technology that Poland may adopt, Deputy Minister Andrzej Piotrowski said at a press conference. The tender could be held in 2017. “We are working on preparing a tender for the technology, and we are working on a mechani...

Locked content RPP maintains interest rates unchanged

The Monetary Policy Council (RPP) has kept interest rates unchanged at its Wednesday sitting. The main reference rate has stood at 1.5 percent since the last round of easing in March 2015. RPP stated that it expects inflation to continue to grow over the coming months, albeit gradually. Adam Glapińs...

Locked content Good news for economic growth for Poland – World Bank

The World Bank released its Global Economic Prospects report on Wednesday, and it had a positive growth forecast for both Poland and for the global economy for the year ahead. It said that Polish economic growth will accelerate to 3.1 percent, from 2.5 percent in 2016. Also, it indicated that the gl...

Locked content B2B e-commerce can help firms cut purchasing costs by 15% – Delo...

Digital B2B purchases could bring companies up to 15 percent of savings, however only 35 percent of Polish firms use internet purchasing platforms, according to a report prepared by Deloitte and Aleo, a subsidiary of ING BSK. “This business is following the trends observed in the consumer market, wh...

Locked content 61% of Poles in favor of nuclear plants in Poland

As many as 61 percent of the Polish society is in favor of building a nuclear power plant in Poland, including 21 percent who strongly support the idea, according to a poll conducted for the Ministry of Energy. “This is the highest score in the history of the poll, which has been carried out regular...

Locked content S&P lowers Poland’s GDP growth forecast to 3.2% in 2017

Ratings agency S&P has lowered its December GDP growth forecasts for Poland from 3.3 percent to 3.2 percent in 2017 and from 3.0 percent to 2.8 percent for 2016. In December, the agency maintained its long and short term rating for Poland at the “BBB plus/A-2” level and the long and short term r...