PMI up by 2 points in November
The Poland Manufacturing PMI index published by HSBC and Markit Economics grew by 2 points month-on-month to 53.2 points in November, the institutions said in a press release on Monday.
Category Archives: Main News
Ruling party’s candidates win in four major cities
Civic Platform (PO) member Hanna Gronkiewicz-Waltz will remain mayor of Warsaw, having received 56.8 percent of the votes in the second round of local elections, according to the results of an exit poll carried out by Ipsos for Polish Television. It will be her third term in office.
Ryanair to buy 200 new planes
The shareholders of Ryanair have agreed at an Extraordinary General Meeting to purchase 200 Boeing 737 MAX aircraft, 100 in a binding order and 100 as an option. If the deal is exacted in full, it will amount to $22 billion.
Former Transport Minister sentenced for false financial declaration
Former Transport Minister Sławomir Nowak has been found guilty of providing false financial statement as an MP. He withheld information about a watch worth over PLN 10,000. He was given a PLN 20,000 fine. The former minister failed to appear at the sentencing hearing.
BBC to launch two new channels in Poland
BBC Worldwide will launch two new channels, BBC Brit and BBC Earth on February 1 next year, they will replace existing BBC Entertainment and BBC Lifestyle respectively. Both channels will be available in HD to cable and digital satellite subscribers. Poland will be the first country to get the new, ...
EU to pay back €868 million to farmers
The European Commission has adopted a resolution to reimburse to EU farmers €868 million that had been deducted from direct subsidies in 2014 due to the so-called “financial discipline” mechanism. Polish farmers will receive €36.4 million out of the total sum.
Poles spent PLN 19.3 billion on beer in 2013 – KPMG
As many as 88 percent of adult Poles consumed beer in 2013, while 22.8 million people (73 percent of the adult population) drank the beverage regularly or at least several times during the year. In 2013, Poles purchased 3.82 billion liters of beer for a total of PLN 19.3 billion.
More supervision needed in defense projects – watchdog
The Ministry of Treasury and the Ministry of Defense should maintain better oversight over projects carried out for the Polish Defense Holding (previously Grupa Bumar), was the main conclusion of a report following an audit by the Supreme Audit Office (NIK). Several of the 15 projects currently bein...
PO-PSL coalition gets majority in 15 voivodships
The ruling parliamentary coalition of Civic Platform (PO) and Polish People’s Party (PSL) will have majority in 15 out of 16 voivodship councils and will form coalitions in them as well. The only voivodship where the Law and Justice (PiS) has the majority of seats is Podkarpackie.
Belka worried about possible złoty appreciation
If the złoty strengthens against the euro, it may complicate business recovery in Poland, National Bank of Poland President Marek Belka told Reuters in an interview.
