Polish Post eyes higher courier market share

Poland’s state-owned postal operator Poczta Polska (Polish Post) wants to increase its share in the country’s parcel and courier services market from the current 15 percent to at least 20 percent by 2020, the company’s management board member Janusz Wojtas told ISBnews.

PMR: Food market to grow by 20% in 5 years

Poland’s food and beverage market may grow by 20 percent over the next five years, according to a forecast from market research firm PMR quoted by ISBnews. In 2013 the sector’s value grew by only 2 percent year-on-year to PLN 234 billion.
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Sejm against dismissing interior minister

Poland’s lower house of parliament rejected the second no confidence motion filed by opposition party Law and Justice, this time against Interior Minister Bartłomiej Sienkiewicz. The minister got 235 votes in support, while 213 MPs voted in favor of the motion.

Government survives no confidence vote

Poland’s lower house of parliament rejected a no confidence motion against the government of Prime Minister Donald Tusk during a vote on Friday. Only 155 MPs supported the motion filed by Law and Justice (PiS), while 236 were against it and 60 abstained from the vote.

PGE signs PLN 4 bln contract for Turów plant

Poland’s largest utility PGE has signed a contract worth PLN 3.99 billion gross with Mitsubishi Hitachi Power Systems Europe, Budimex oraz Tecnicas Reunidas for the construction of a new unit in the Turów power plant, the company said in a statement on Thursday.

Polish exports on the rise

Poland exported goods worth PLN 279.1 billion in I-V 2014, according to Central Statical Office data. During the same time, the country imported PLN 278.8 billion worth of goods. The trade surplus was PLN 279 million.

Investment funds with record-high asset value

The value of assets managed by Polish investment funds available to individual investors surpassed zł.200 billion in June, according to data from sector research firm Analizy Online quoted by ISBnews. This is their highest monthly value so far.

Legia tops Poland’s richest football clubs list

For the straight third year, reigning Poland champions, Legia Warszawa has topped the Deloitte ranking for the biggest revenue, raking in PLN 94.9 million in 2013 (up from PLN 66.4 million in 2012). Second club on the list, Lech Poznań had PLN 49.3 million in revenue last year, while Zagłębie Lubin ...