Alumetal plans production in Hungary

Aluminum products maker Alumetal plans to launch a factory in Hungary, the company’s CEO Szymon Adamczyk was quoted as saying by the Polish Press Agency. The firm wants to obtain a PLN 30-35 million EU subsidy for the purpose.

Deloitte: 47% of Polish firms want to spend more on R&D

As many as 47 percent of Polish companies are planning to increase their R&D spending over the next two years according to a report by advisory Deloitte. The average for companies in the entire Central European region for the same time period is 41 percent. When asked about their five-year inve...

Chemical leak in Kozienice power plant

About nine cubic meters of chemical called mazut leaked out from one of the boilers in the Kozienice power plant belonging to energy group Enea on Wednesday. The company has said that the leakage was quickly discovered.

Tusk to become European Council head?

Poland’s Prime Minister Donald Tusk is seen as a possible candidate for the position of European Council president, according to sources quoted by Rzeczpospolita. His candidacy has reportedly  been put forward by German Chancellor Angela Merkel.

Inflation inches up to 0.3% y/y

CPI inflation in Poland amounted to 0.3 percent year-on-year in June, the Central Statistical Office (GUS) said in a data release on Tuesday. In month-on-month terms prices remained unchanged.

Sygnity not interested in deal with Asseco

IT company Sygnity is capable of developing with the help of its own resources and does not need to merge with another entity. It is not interested in any form of cooperation with Asseco Poland, Sygnity’s CEO Janusz R. Guy was quoted as saying by ISBnews.

Carrefour Barometer inches down in July

The “Carrefour Barometer,” an index of consumer sentiment commissioned by the Polish branch of FMCG retailer Carrefour and compiled by the Gdańsk Institute for Market Economics (IBnGR), inched down by one point month-on-month in July, the retailer said in a news release on Tuesday.