Poles buy less fuel

According to the Polish Organization of Oil Industry and Trade (POPIHN) the amount of fuel Poles buy has decreased. In H1 of 2014 the use of gasoline, LPG and heating oil has decreased by 1.5 percent compared to the same period of 2013.

Transportation firms ask for support

Polish transportation firms met Treasury Ministry officials on Friday, asking for government support in connection with Russia’s embargo on Polish food imports. No decision has been made so far.

Netia to cooperate with P4?

Poland’s second-largest telecommunications firm Netia may cooperate with local peer P4, operator of the Play network, the company’s biggest shareholder Zbigniew Jakubas was quoted as saying by Reuters.

Private equity funds exit Polish companies with good results

The value of the exits on the Polish market increased five times to a record value of €285 million, according to the Polish Private Equity and Venture Capital Association. In 2013, private equity and venture capital funds operating in Central and Eastern Europe ended investments in 88 companies, in ...

Household appliances sales break records

The sale of white goods increased in the period of January-July 2014 by 7 percent in terms of volume and by 10 percent in terms of value. The growth in small household appliances is even more significant, Wojciech Konecki, president of the Polish Household Appliances Producers’ Association told dail...

More than 3 milion Poles use mobile banking

Most of the banks that offer mobile banking services have noted huge raises in the number of users making payments on their phones, Dziennik Gazeta Prawna reports. The total number of users for the top ten Polish lenders has exceeded 3 million.

Solaris extends Bolechów factory

Solaris Bus & Coach, a Polish bus producer, is  starting to develop its production facility in Bolechów near Poznań. The investment worth more thean PLN 45 million expected to result in a boost of production volume.  Eiffage Polska Budownictwo is responsible for the construction.

Salaries up by 3.5% y/y in July

The average monthly salary in the Polish corporate sector grew by 3.5 percent year-on-year to PLN 3964.91 in July, the Central Statistical Office (GUS) said on Tuesday. In month-on-month terms it rose by 0.6 percent.

Poland speeds up helicopter purchase

Poland has already launched the first stage of the procurement of new military helicopters, originally scheduled for 2016, Deputy Defense Minister Czesław Mroczek told Reuters. So far, ten companies have submitted offers.