Paweł TamborskiImage : Ministry of State Treasury

Tamborski appointed CEO of WSE

Paweł Tamborski was appointed as CEO of the Warsaw Stock Exchange by the bourse management board., replacing Adam Maciejewski. The main financial regulator must approve the appointment of Tamborski, who previously served as Vice-minister of Finance with the Tusk government.
Image : shutterstock

Unemployment continues downward trend

The latest data published by the Central Statistical Office (GUS) shows a decrease in unemployment. The unemployment rate at the end of May was 12.5 percent, compared with 13 percent in April, as presented in a GUS statement. This is the lowest unemployment rate in the last year and a half.
Image : shutterstock

Home appliance manufacturer up for grabs

FagorMastercook is looking to sell its Wrocław plant for a price of PLN 315 million. The Spanish cooperative, Fagor, has been producing appliances in the factory, formerly known as Wrozamet, for over 12 years. The Polish affiliate, FagorMastercook S.A., filed for bankruptcy in a Spanish court last y...
Image : M. Śmiarowski/KPRM

PM Tusk easily survives confidence vote

Polish PM Donald Tusk asked Polish parliament for the vote of confidence following the wiretap scandal which included several members of his cabinet. “When I’m in Brussels tomorrow I need to know I have full confidence of this house, so I am proposing to hold a vote of confidence now. … Withou...
Image : EPP-ED Group

Buzek close to chairing Energy Committee

Christian Dems have made a deal with the Socialists in the European Parliament to take over the Energy Committee, according to Polish Radio. The only and most likely candidate from the European People’s Party for the role of committee chair is Polish politician, Jerzy Buzek.
Image : shutterstock

InPost will deliver groceries

Private postal service operator, InPost, is to expand their e-business offer by implementing a grocery delivery service., the owner of InPost sees the growing e-business market as having great potential. After significant success with parcel lockers in Poland and abroad, InPost will reach...
Image : Wikimedia

Brussels approves of Polish national airline’s course

The European Commission has given the Polish authorities a nod in the case of the national air carrier, LOT. According to Rzeczpospolita and a subsequent news report from ISBnews, Brussels sees positively the current overhaul of Polish Airlines LOT and has issued a letter of comfort to the Polish au...
Image : shutterstock

PGNiG finishing shale test drills

PGNiG has started drilling for shale gas in the Pomeranian region, in Nowa Karczma municipality. The drilling will assess hydrocarbon potential in the shale bed. The planned depth of the drilling is 4100 meters. Drilling is to be done in a timespan of two months and conducted by a PGNiG daughter com...