Railway freight transportation company PKP Cargo has notified the State Labor Inspection of a collective dispute with nine labor unions, the firm said in a statement on Monday.
Poland Manufacturing PMI grew to 51.2 points in October compared to 49.5 in September, according to a release from HSBC and Markit Economics. It had remained below the neutral level of 50 for four months.
The European Commission has granted financing for the first set of projects within the Connecting Europe Facility, including three gas link projects with Polish involvement.
Poland may have to further ease its monetary policy in order to bring inflation back to the targeted level of 2.5 percent, the International Monetary Fund said in the concluding statement of a staff visit to the country.
“The Warsaw Stock Exchange wants to be the exchange of first choice for investors and issuers in Central and Eastern Europe,” the bourse said in a press release presenting its updated strategy until 2020.
Jeronimo Martins Polska, the owner of Poland’s biggest discount store network Biedronka, has said that it would open fewer stores than it had initially planned in Q4 2014.
Prime Minister Ewa Kopacz has requested that the head of the Financial Supervision Authority conduct stress tests of Polish banks against the sudden strengthening of the Swiss frank, the president of the Economic Council Jan Krzysztof Bielecki said in a statement.
Poland’s second-largest oil firm Grupa Lotos recorded a net loss of PLN 35 million in the third quarter of 2014, the companz said in its financial report. Analysts surveyed by the Polish Press Agency had expected the result to be a net profit of PLN 75 million.
With the participation of Reuwen Riwlin, the president of Israel, the Museum of History of Polish Jews in Warsaw officially opened its core exhibition on Tuesday.
PGNiG Upstream International, a subsidiary of Poland’s natural gas giant PGNiG, has acquired stakes in four oil and gas licenses on the Norwegian Continental Shelf for NOK 1.95 billion (PLN 996 million), the company said in a statement on Monday.