Locked content Torpol signs PLN 267 mln deal with PKP PLK

WSE-listed railway infrastructure builder Torpol signed a net PLN 267.6 million (gross PLN 329.2 million) deal for works on the 216 railway line with railway infrastructure firm PKP PLK. The tender concerns route connecting Działdowo and Olsztyn. The works are to be completed within 21 months from t...

EU subsidies reach PLN 127.8 bln

The value of EU subsidy applications submitted by September 17 amounted to PLN 249.7 billion, according to data released by the Ministry of Development. Till mid-September, 22,475 contracts for the EU co-financed projects amounted to PLN 127.8 billion in EU subsidies.

Employment and wages growth continues in August – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in August grew by 4.6 percent year-on-year, while the wages grew by 6.6 percent. In month-to-month terms, wages inched down by 0.2 percent, while the employment increased by 0.1 percent.

Locked content Central Airport location chosen – media

According to radio news agency IAR, the planned Central Airport will be built in Baranów in Mazowieckie voivodship. The town is located 40 kilometers west of Warsaw and has A2 highway and Warsaw-Żyrardów railway nearby. According to IAR, the information was confirmed by two credible sources. The Pol...

Locked content Government support drops – Kantar poll

As many as 43 percent of the respondents believe that the government is doing a good job, while 45 percent thinks otherwise, according to a poll conducted by Kantar Public. The supporters number contracted by 2 percentage points m/m, while the number of opponents remained the same PM Beata Szydło ha...

Locked content Mespila tender offer for Paged shares a success

The majority shareholder in WSE-listed wood processor Paged, Mespila Investments, secured enough Paged shares to reach a 90 percent stake, which means that the deal will go through, the company said in a market filing. Mespila wanted to buy 5.44 million of Paged shares, which represents a 35.1 perce...

Locked content Germany MFA rejects Polish reparations claim

German Foreign Minister Sigmar Gabriel said that Poland the recent efforts by the Polish government to demand World War II reparations from Germany an attempt at worsening “close and good ties” between two countries. “Any potential reparation attempts would be an attempt to worsen close and good tie...

Locked content Work Service with H1 loss due to one-offs

WSE-listed HR consultancy Work Service had a PLN 70.67 million net loss in H1, compared to PLN 8.01 million profit last year. The result was affected by several one-offs, as without them the company would have posted a PLN 6.98 million, the company said in its financial report. The one-offs included...