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.
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...
Paweł Tamborski, who was appointed by the Warsaw Stock Exchange management board to be its new CEO still did not receive the necessary approval of the financial market regulator KNF.
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.
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.
Poland is to protest a European Union ban on flavored cigarettes, as the EU’s second largest cigarette producer and its prime tobacco consumer. New anti-smoking legislation is due to be implemented in 2016.
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.
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.
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...
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.