Image : PKN Orlen

Orlen with major loss on impairments

Poland’s largest oil company PKN Orlen recorded a net loss of PLN 5.39 billion in the second quarter of 2014, the company said on Wednesday. The result was highly affected by impairments, mostly on the company’s Lithuanian unit Orlen Lietuva.
Image : shutterstock Coal-fired plant in Bełchatów

PGE’s Bełchatów plant named EU’s worst polluter

Coal-fueled power plant in Bełchatów, owned by Poland’s biggest utility PGE was named the EU’s biggest polluter by the environmental campaigners who compiled a list of 30 biggest polluters in the EU. Bełchatów facility emits over 37 million metric tons of CO2. Second on the list, German plant in Neu...
Image : Wikimedia

Jawo in joint venture with Japanese food group

Japaneses food sector giant Ajinomoto plans to create a joint venture company with Polish frozen food producer Jawo, Puls Biznesu reports. The companies have filed a motion for approval to the Polish Office for Competition and Consumer Protection.
Image : Wojciech Grzedzinski/KPRP

Komorowski speaks to Obama

Poland’s President Bronisław Komorowski held a phone conversation with US President Barack Obama on Monday evening to discuss the situation in Ukraine, including the consequences of the Malaysian airliner crash, and the upcoming NATO summit.
Image : Shutterstock

Polish auto parts drive Europe

A great deal of European cars utilize polish-made auto parts. According to Gazeta Wyborcza, the automotive industry sector in Poland is experiencing its best results ever.
Image : Shutterstock

Warsaw Airport to be commercialized

Poland’s Ministry of Infrastructure is preparing the commercialization of Polish Airports (PPL), which operates the Warsaw Chopin Airport, Puls Biznesu reports. The plan is to transform the state enterprise into a commercial entity, majority-owned by the State Treasury.
Image : M. Śmiarowski/KPRM Donald Tusk

PM calls plane crash an act of terror

Speaking at a press conference on Friday, Poland’s Prime Minister Donald Tusk called the crash of a Malaysian passenger plane in eastern Ukraine an “act of terror”. All information now available leads us to believe the aircraft was shot down from that part of the country that separatists contr...
Malaysia_Airlines_Boeing_777_Wikipedia for web

Poland sends condolences after Malaysian plane crash

Polish President Bronisław Komorowski sent condolences to Malaysia’s King Abdul Halim after the crash of a Malaysia Airlines plane in eastern Ukraine on Thursday. “The circumstances of the air disaster call for explanation as soon as possible,” he wrote.