The Monetary Policy Council slashed the NBP’s benchmark interest rate by 50 basis points, to 2.00 percent, a new record low. The interest rate had remained at 2.50 percent since July 2013.
Bank Gospodarstwa Krajowego (BGK) and Polskie Inwestycje Rozwojowe (PIR), the operators of the Polish Investments program, have established the Local Infrastructure Fund, BGK said in a press release on Wednesday.
The Warsaw Stock Exchange came only seventh in terms of IPO value in the Q3 edition of PwC’s IPO Watch Europe, the consultancy said in a statement on Wednesday.
The world’s largest silver mining company and copper mining leader KGHM is exploring sites around the vicinity of Sierra Gorda, Chile. The new deposits are within 10 km of the current project and could be easily serviced by the existing ore processing plant. The new deposits could prolong the ...
Poland’s state-owned railway holding PKP is relaunching the privatization of its non-core subsidiaries, reports Puls Biznesu. The holding recently sold cable car firm PKP PLK and successfully floated freight firm PKP Cargo on the Warsaw Stock Exchange.
The registered unemployment rate in Poland declined by 0.2 percentage points in September and amounted to 11.5 percent, according to an estimate published by Poland’s Ministry of Labor and Social Policy on Tuesday.
Poland’s telecommunications market should reach PLN 44.4 billion in 2014, according to a PMR report quoted by ISBnews. In year-on-year terms the market will contract by 0.7 percent.
The new Secretary General of NATO Jens Stoltenberg is seeking constructive relations with Russia, Reuters reports. According to Mr. Stoltenberg, the recent vamp up of military presence along the alliance’s eastern border is in line with all the ramifications and international agreements that t...
The Warsaw Stock Exchange is talking to some 20 foreign companies, which could be interested in a debut on the bourse, CEO Paweł Tamborski told ISBnews during the opening ceremony of WSE-listed KGHM’s Sierra Gorda mine in Chile.
The European Commission has imposed a fine worth €46.46 million on Poland for exceeding milk supply quotas, the EC said in a press release on Friday.