Image : shutterstock

PGNiG finishing shale test drills

PGNiG has started drilling for shale gas in the Pomeranian region, in Nowa Karczma municipality. The drilling will assess hydrocarbon potential in the shale bed. The planned depth of the drilling is 4100 meters. Drilling is to be done in a timespan of two months and conducted by a PGNiG daughter com...
Jarosław KaczyńskiImage : Flickr/

PIS leads the polls after scandal

In the wake of the tape-recording scandal that shook Polish public opinion, the Law and Justice (PiS) party is clearly ahead in the polls, well ahead of Civic Platform (PO).
Image : shutterstock

Swedes in the running for submarine contract

Swedish Saab has offered a cooperative contract for the production of new submarines for the Polish Navy. Along with French DCNS and German TKMS, the Swedes hope to win an order from the Polish Ministry of Defense, which is due to be awarded this year. At stake is a military contract worth around PL...
Image : International Monetary Fund/Thomas Dooley

Central Bank chief stands his ground

“No chance that any laws have been broken,” said Marek Belka, the head of Poland’s National Bank. Belka defends his case and says that he will not resign, according to an ISBnews brief of an Interview made by Polish Radio.
Image : shutterstock

Chinese equity fund will invest in Polish infrastructure

CEE Equity, based in Warsaw, will invest USD 2 billion in Polish infrastructure projects, such as roads, waste disposal facilities, solar and wind energy among others, wrote Puls Biznesu. According to the managing director of CEE Equity, Rafał Andrzejewski, the fund will have more time to invest the...
Jacek KrawiecImage : Orlen

Orlen CEO apologizes for tapes and takes aim at Wprost

In a personal statement published by PKN Orlen, the company’s CEO, Jacek Krawiec, apologizes for his statements which were heard during discussions recorded in the tape scandal. At the same time, he scolded the publisher of the tapes, Wprost magazine, for over-reaching boundaries of journalistic int...
Donald TuskImage : Maciej Śmiarowski/KPRM

Tusk: all sides are at risk

People who are in possession of the incriminating recordings are seeking to undermine the authority of the state, said Tusk. Opposition parties who are calling for a vote of no confidence and a resignation of the PO government, need to weigh their words, as the illegal tapes may prove to be just as ...
Alt Text

Tape scandal rocks political scene

Interior Minister Bartłomiej Sienkiewicz and National Bank of Poland President Marek Belka discussed the dismissal of Finance Minister Jacek Rostowski in July 2013, three months before he was actually let go, according to illegally made recording made public by the Wprost magazine. The recording, pa...