Locked content German airport changes name to Hersingsdorf-Świnoujście

Local authorities of Polish town Świnoujście have signed a letter of intent with a German airport near Hersingsdorf, to change the airdrome’s name to Hersingsdorf-Świnoujście and further develop it under Polish-German cooperation. “The airport name change poses a challenge related to formalities and...

Locked content Poland backs Juncker plan

Poland supports Jean-Claude Juncker’s investment plan, announced Artur Radziwiłł, Deputy Minister of Finance, during a session of the EU Affairs Parliamentary Commission. “Poland supports the establishment of the European Fund for Strategic Investments (EFSI), which is a key element of Juncker’s pla...

Locked content MLP mulls foreign expansion

MLP Group, a real estate developer, is considering foreign expansion. The first two deals are to be signed in the first half of 2015. “Apart from dynamic growth in the local market, we are considering foreign expansion. To begin with, we are analyzing the German market and we expect to sign the firs...

Locked content Oponeo mulls entering US market

Oponeo plans to increase foreign sales by 30 percent and start operating in the US, Dariusz Topolewski, the CEO of WSE-listed Oponeo told ISBnews. “In 2015, we want to intensify sales in all markets we are present in. We plan to increase our foreign sales by 30 percent compared with 2014 and we wish...

Locked content Czech insurance firm enters Poland

Kupeg, a leader on the Czech  market for commercial credit insurance, has opened an office in Warsaw. The company has ambition to be number one in Poland within five years. “In the next three years we aim to be one of the three biggest credit insurers in Poland, and in the next five we want… ...

Locked content Ministry of the Treasury to consolidate Energy Sector

The Ministry of the Treasury is considering merging Polska Grupa Energetyczna (PNG) with Energa and Tauron Polska Energia with Enea, according to two anonymous sources quoted by Reuters. The Ministry aims to create two utilities that will be able to compete with Czech’s CEZ, the CEE regionR...

Locked content Hines acquires Sky Office Center

Real estate investor Hines Poland has bought Sky Office Center in Warsaw on behalf of the Luxembourg-based Hines Poland Sustainable Income Fund (HPSIF), the firm said in a statement. The value of the transaction was not disclosed. “Sky Office Center complements HPSIF portfolio with its excellent loc...

Locked content Morning after pill available over the counter in Poland

Emergency contraceptive pills (ECPs) are available in Poland without a prescription since Monday, informed Krzysztof Bąk, spokesperson for Ministry of Health. The decision is a consequence of the EU ruling allowing for over the counter sell of ECPs. “A thorough analysis of the documents we have rece...

Locked content European Commission supports Orlen in dispute over Możejki

Lithuanian Railways have restricted competition by disassembling railway tracks linking Lithuania with Latvian city Renge, the European Commission announced. As a result, PKN Orlen was prevented from the possibility of choosing a cheaper operator to transport oil to the North. PKN Orlen has been cam...