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GDP growth at 3.9% in Q2 – flash estimate

Poland’s gross domestic product grew by 3.9 percent year-on-year in the second quarter of 2017, according to a flash estimate published by the Central Statistical Office (GUS). The quarter-to-quarter growth was at 1.1 percent.
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Polish university files against Google’s patent application

The Jagiellonian University, one of Poland’s top universities, is demanding that a patent application for ANS coding filed by Google with the US Patent and Trademark Office be withdrawn, Radio ZET informed on Friday. The technology that the IT giant is looking to patent has been developed by the uni...
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New car registrations up by 16.63 % y/y in July

New passenger car and van registrations totaled 41,614 in July and was 16.63 percent higher year-on-year, as well as 11.96 percent lower than in June 2017, according to a report by market researcher Samar citing national car registry. The y/y number has been growing for 28 consecutive months. It is ...
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Beer production up by 14% 

Beer production in Poland increased by 14 percent over the past ten years, with 42 million hectoliters produced in 2016, compared to 37 million hectoliters in 2007, according to the Central Statistical Office report. At the same time, the lowest level of production was recorded in 2009, when it amou...
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GUS: Average salary in Polish cities – PLN 4,290

An average salary in Polish cities with over 100k inhabitants stood at PLN 4,290.52 gross in 2016, according to data published by the Central Statistical Office GUS. The highest average salary was in Jastrzębie-Zdrój, PLN 6,000.132, while the lowest was in Piotrków Trybunalski at PLN 3,000.229. In W...
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EU subsidies reach PLN 115 bln

The value of EU subsidy applications submitted by July 30 amounted to PLN 229.4 billion, according to data released by the Ministry of Development. Till end-July, 20,132 contracts for the EU co-financed projects amounted to PLN 115 billion in EU subsidies.

CCC revenue soar by 48.4% y/y in July, online sales nearly double

WSE-listed footwear retailer had a PLN 308 million in revenue in July, a 48.4 percent y/y increase. Year-to-date, the company’s sales grew by 34.5 percent to PLN 2.15 billion. CCC recorded PLN 43 million in revenue through its online sales channel, marking a 99.5 percent increase y/y, and reaching P...