Poles will spend PLN 29.9 billion on Christmas, New Year’s Eve and on vacation during the winter break, some 7 percent more than in the 2013/2014 season, according to consultancy KPMG. The sum corresponds to an average spending of PLN 1,031 per household, versus PLN 979 last year.
Paweł Poprawa, energy expert from the Energy Studies Institute, said in an interview with the Polish Press Agency that because of the slow progress in shale gas exploration in the country, Poland still has to wait 5-10 years to produce its own shale gas.
Rafal Trzaskowski, Poland’s Secretary of State for European Affairs has challenged the UK’s policy towards immigrants from Central and Eastern Europe, including Poland.
China Exim Bank has decided to provide an additional $1 billion for the China CEE Investment Co-operation Fund, the fund’s manager CEE Equity Partners said in a press release on Friday.
Major Polish food processing group Maspex has signed a prelimary agreement with PE fund IK Investment Partners on the acquisition of selected assets in Agros Nova, Maspex said in a press release on Friday. Financial terms were not disclosed.
Wrocław-based residential property development firm Lokum Deweloper would like to debut on the main market of the Warsaw Stock Exchange in the second half of 2015, the company’s CEO Bartosz Kuźniar was quoted as saying by ISBnews. “We have started preparing for a debut on the main market of the Wars...
Copper and silver mining giant KGHM has talked to Canadian-owned Miedzi Copper about two mining concessions, which are subject to a legal dispute between the companies, the Polish firm’s spokesperson was quoted as saying by Reuters.
Poland’s lower house of parliament has approved the budget law for 2015. The planned deficit is PLN 46.08 billion.
“Polish-Ukrainian relations are of strategic character,” Polish President Bronisław Komorowski said during a press conference with his Ukrainian counterpart Petro Poroshenko, who visited Warsaw on Wednesday.
Poland’s sold industrial production grew by 0.3 percent year-on-year in November, the Central Statistical Office (GUS) said in a data release on Wednesday. In month-on-month terms output fell by 7.5 percent.