Locked content Idea Bank bans non-account holders from using their hubs

Demand for Idea Hubs’ unpaid office facilities and conference rooms is so high that Idea Bank has decided to close them off to non-account holders. 40 percent of regular visitors use Idea Hubs at least once a week, the bank informed in a release. Only one fifth of all visitors use Idea Hubs the same...

Locked content Russia’s Rosatom wants to build Polish nuclear plant

Russian national nuclear corporation Rosatom is considering participating in Poland’s tender for the construction of a nuclear plant should the auction be announced, Dmitrij Suchanow, the company’s representative said. The company said it will offer its flagship Water-Water Energetic Rea...

Locked content Parliament vote to proceed with law on full abortion ban

With 267 votes against rejecting a draft bill on a full abortion ban, the lower chamber of Parliament decided that the project will proceed further in parliament. MPs also voted against continuing works on counter-proposal that would liberate the so-called “abortion compromise.” At prese...

Locked content Benefit Systems wants to redeem 45,000 bonds

Benefits Systems will redeem up to 45,000 of its own shares for up to PLN 40 million, the company said. The firm is offering PLN 668 per share. The company will be accepting sale offers from September 27 till September 28. Transaction settlements will occur on September 30. Benefit Systems specializ...

Locked content Gov’t to be reshuffled next week

Prime Minister Beata Szydło said on Friday that there will be a reshuffle next week, marking the end of good times for “the golden boys,” a reference to young males associated with PiS who have made rapid career advances in state-owned companies. “There will be changes in the gover...

Locked content Warsaw gets PLN 1.8 bln for 2nd metro line expansion

The authorities of Warsaw have obtained PLN 1.83 billion financing from the EU for the expansion of the second metro line. Six new stations will be ready in 2019, the investment is worth PLN 3.16 billion. The second metro line will be extended by six kilometers in total in both directions. Three new...

Locked content FinMin will offer bonds for 500+ recipients

The ministry of finance will start selling bonds addressed to the beneficiaries of the 500+ program in October, the ministry said. The ministry will offer bonds maturing in two, three, four and ten years. Additionally, the ministry will introduce ROS series bonds maturing in six years and ROD series...

Locked content Unemployment rate falls to 8.5% in VIII

Poland’s unemployment rate stood at 8.5 percent at the end of August, down from 8.6 percent in July, the Central Statistical Office (GUS) informed on Friday. The number of registered unemployed people totaled 1.346 million in August, compared with 1.361 million in July. Earlier, the Ministry o...