PGE's Turów power plantImage : gios.gov.pl

PGE signs PLN 4 bln contract for Turów plant

Poland’s largest utility PGE has signed a contract worth PLN 3.99 billion gross with Mitsubishi Hitachi Power Systems Europe, Budimex oraz Tecnicas Reunidas for the construction of a new unit in the Turów power plant, the company said in a statement on Thursday.
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Polish exports on the rise

Poland exported goods worth PLN 279.1 billion in I-V 2014, according to Central Statical Office data. During the same time, the country imported PLN 278.8 billion worth of goods. The trade surplus was PLN 279 million.
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Investment funds with record-high asset value

The value of assets managed by Polish investment funds available to individual investors surpassed zł.200 billion in June, according to data from sector research firm Analizy Online quoted by ISBnews. This is their highest monthly value so far.
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Legia tops Poland’s richest football clubs list

For the straight third year, reigning Poland champions, Legia Warszawa has topped the Deloitte ranking for the biggest revenue, raking in PLN 94.9 million in 2013 (up from PLN 66.4 million in 2012). Second club on the list, Lech Poznań had PLN 49.3 million in revenue last year, while Zagłębie Lubin ...
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Sejm debates no confidence vote

Poland’s lower house of parliament held a debate on Wednesday regarding the planned vote of no confidence against the government and against Interior Minister Bartłomiej Sienkiewicz. It is already known that both coalition parties will support the government and that left-wing MPs will abstain from ...
Image : Warsaw Stock Exchange

PwC: WSE lags behind European stock markets

The Warsaw Stock Exchange hosted only six IPOs in the second quarter of 2014, three on the main market and three on NewConnect. With total IPO value at €89 million, the WSE is behind a stock market revival in Europe, PwC said in the latest edition of its IPO Watch report.

EC may soon approve aid for LOT

EU competition commissioner Joaquin Almunia said on Wednesday that he expected a positive decision to come soon regarding the state aid issued to LOT Polish Airlines.