According to the ratings agency S&P, Poland will need several PLN billion in state funding until 2016 to save fledging coal mining sector.
Solid fuels have been a target for theft as of late, especially with the winter months around the corner. Maciej Borecki, director at the Office of Security and Audit at PKP Cargo claimed that losses due to theft are in the millions of złotys.
An almost week-long delay in the announcement of local election results has prompted President Bronisław Komorowski to meet lawyers specializing in constitution issues and talk to them about the voting law in Poland, Polish Radio.
After almost a week of inefficient local election vote counting, all members of Poland’s State Electoral Commission (PKW) have announced their resignation.
Mirosław Taras, the chief executive of coal mining giant Kompania Węglowa (KW), was dismissed by the company’s supervisory board on Friday evening. The decision stemmed from a review of the company’s financial situation, the statement said.
Poland advanced from the 113th to the 87th spot in the Paying Taxes 2015 report prepared by consultancy PwC, the firm said in a press release. The publication ranks 189 economies.
The volume of industrial output in Poland grew by 1.6 percent year-on-year in October, the Central Statistical Office (GUS) said on Thursday. In month-on-month terms it grew by 3.5 percent.
US media groups Discovery Communications and Time Warner are seen as the main contenders for a controlling stake in major Polish broadcaster TVN, according to sources quoted by Puls Biznesu.
Polish video game producer, Vivid Games has signed a deal with Chinese online game operator The9 Limited. Thanks to the contract, Vivid’s most popular game, Real Boxing will be available on The9 Limited’s set top-box Fun Box.
The average salary in the Polish enterprise sector amounted to PLN 3,980.92 in October, according to data released by the Central Statistical Office (GUS) on Wednesday. It grew by 3.8 percent year-on-year and by 2.1 percent month-on-month.