New owner of TVN may be revealed in Q1

The potential buyer of the controlling stake in broadcaster TVN should be chosen in the first quarter of 2015, the company’s CEO Markus Tellenbach was quoted as saying by the Polish Press Agency.

Treasury to up LOT ownership to 100%

The EGM of Poland’s national airline LOT Polish Airlines, scheduled for December 20, will decide on a mandatory buyout of minority shareholders, Puls Biznesu reported.

PMI up by 2 points in November

The Poland Manufacturing PMI index published by HSBC and Markit Economics grew by 2 points month-on-month to 53.2 points in November, the institutions said in a press release on Monday.

Ruling party’s candidates win in four major cities

Civic Platform (PO) member Hanna Gronkiewicz-Waltz will remain mayor of Warsaw, having received 56.8 percent of the votes in the second round of local elections, according to the results of an exit poll carried out by Ipsos for Polish Television. It will be her third term in office.

Ryanair to buy 200 new planes

The shareholders of Ryanair have agreed at an Extraordinary General Meeting to purchase 200 Boeing 737 MAX aircraft, 100 in a binding order and 100 as an option. If the deal is exacted in full, it will amount to $22 billion.

BBC to launch two new channels in Poland

BBC Worldwide will launch two new channels, BBC Brit and BBC Earth on February 1 next year, they will replace existing BBC Entertainment and BBC Lifestyle respectively. Both channels will be available in HD to cable and digital satellite subscribers. Poland will be the first country to get the new, ...

EU to pay back €868 million to farmers

The European Commission has adopted a resolution to reimburse to EU farmers €868 million that had been deducted from direct subsidies in 2014 due to the so-called “financial discipline” mechanism. Polish farmers will receive €36.4 million out of the total sum.