WSE to decide on merger this month

The Warsaw Stock Exchange plans to decide on a possible merger with the CEE Stock Exchange Group (CEESEG) by the end of September, the bourse’s CEO Paweł Tamborski was quoted as saying by ISBnews.

3Legs withdraws from its Western Baltic concessions

The energy company registered on the Isle of Man announced that it has transferred its interest in three concessions in Lublewo to ConocoPhillips. “On the basis of the information presently available to it and reviewed with Netherland, Sewell & Associates, the Company does not feel confident tha...

Industrial output declines in August

Poland’s industrial output declined by 1.9 percent year-on-year in August, the Central Statistical Office (GUS) said in a data release on Wednesday. In month-on-month terms output fell by 8.5 percent.

Grendowicz dismissed from state-run PIR

The supervisory board of state-owned investment firm Polskie Inwestycje Rozwojowe (PIR) has dismissed the company’s CEO Mariusz Grendowicz, according to a statement released late on Tuesday. No reasons for the decision were disclosed.
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Prosecutors drop case against Sienkiewicz and Belka

Prosecutors have decided to discontinue investigation in the case of Interior Minister Bartłomiej Sienkiewicz and National Bank of Poland President Marek Belka, who were illegally recorded last year discussing the future of the government.

Kopacz to present her cabinet on Friday

Newly designated Prime Minister Ewa Kopacz, announced that she will present her cabinet on Friday, September 19 and will give her policy speech in parliament on October 1. The new PM will ask the parliament for a vote of confidence at the same day.

Deflation continues in August

Prices of consumer goods and services in Poland declined by 0.3 percent year-on-year, according to data released by the Central Statistical Office (GUS) on Monday. In month-on-month terms prices fell by 0.4  percent.

Kopacz officially named future PM by president

President Bronisław Komorowski has formally asked Ewa Kopacz to form a new government after the resignation of Donald Tusk. New ministers should be sworn in on September 22 and on September 27 the new PM will present her program to the Sejm.