The aggregated value of loans granted by the Polish banking sector, including Polish branches of foreign lenders, grew by 4.6 percent year-on-year to PLN 872.89 billion in the first half of 2014, according to data from the Polish Financial Supervision Authority quoted by ISBnews.
Cable TV operator Vectra has decided to cancel its tender for 33 percent in Poland’s second largest telecommunications firm Netia, the bidder said in a statement on Thursday. The minimum subscriptions threshold has not been achieved, the statement said.
Poland’s Ministry of Infrastructure is working on a plan to build a shipping route connecting the Vistula Lagoon and the Gdańsk Bay in the Baltic Sea, Puls Biznesu reports. The project is yet to be consulted before final approval
Polish State Treasury Ministry listed 22 companies deemed strategic and not for sale. Firms include chemicals Grupa Azoty, oil giants Lotos and Orlen, utilities PGE and Tauron, lender PKO BP and insurer PZU among others. According to the Treasury these companies “are strategic for the economic secur...
Postal services company InPost will install its first parcel lockers in Malaysia, the firm announced on Monday. It has signed cooperation agreements with local courier companies Skynet and iSIS.
In July, Polish courts declared the bankruptcy of 79 companies, according to a report issued by Euler Hermes. An additional 15 liquidations were declared of companies that had been in restructuring bankruptcy proceedings earlier.
The 70th anniversary of the Warsaw Uprising will include 70 seconds of silence at 17:00 with sirens and church bells sounded across the city. Today, Warsaw remembers the beginning of its ill-fated uprising against Nazi occupation in 1944. Commemorations will include wreath-laying ceremonies and choi...
Prime Minister Donald Tusk has officially named Foreign Affairs Minister Radosław Sikorski as Poland’s candidate for the post of EU high representative for foreign affairs and security policy, according to government sources quoted by the Polish Press Agency.
For the first time in 13 months, the Poland Manufacturing PMI signaled a deterioration of business conditions in July. The index, compiled by HSBC and Markit Economics, declined to 49.4 points compared to 50.3 points in June.
Polish Environment Minister Maciej Grabowski said in an interview with Reuters, that he expected some 80 exploratory wells to be drilled this year. In June he projected that number to reach 100.