Locked content PO request no confidence vote in Morawiecki government

On Friday evening, the Polish parliament will deal with Civic Platform’s (PO) request for a vote of no confidence in the Law and Justice (PiS) government, led by Prime Minister Mateusz Morawiecki. PO submitted its application at the end of November, the justification referred to the “KNF scand...

Locked content Noobz from Poland aiming to debut on NewConnect in Q1 2019

Computer game producer Noobz from Poland (NfP) has signed a contract with an authorized adviser and plans to submit a request for admission shares to be listed on the NewConnect market in the first quarter of 2019, the company has said. At the beginning of next year, the company’s first game ‘...

Locked content Work Service completes debt restructuring process 

Work Service has completed “one of the most complicated debt restructuring transactions of recent years on the Polish market,” the company said. The Work Service Group acquired new factoring limits, restructured and refinanced its bonds and met the conditions of the revised loan agreemen...

Locked content Giraffes added to list of endangered species

Two subspecies of giraffes are “critically endangered” with extinction, said the International Union for Conservation of Nature (IUCN). Out of the nine existing species of giraffe, the Nubian and Kordofan species that live in East, Central and West Africa have been added to the list. Bec...

Locked content EIA cuts oil price forecast

The American Energy Information Administration has lowered its previous forecasts for oil prices for 2018 and 2019. According to the latest report entitled “Short-term Energy Outlook,” the average price of the WTI oil barrel in 2018 will amount to $65.18, which is 2.4 percent lower than ...

Locked content Housing deficit in Poland at 2.1 million units

There is a lack of around 2.1 million apartments in Poland, and by 2030 this deficit will increase to 2.7 million units due to the growing number of households, according to a report prepared by HRE Think Tank entitled “How many apartments are missing in Poland?” According to HRE Think T...

Locked content Morawiecki: Poland will spend €3 bln on electromobility

Prime Minister Mateusz Morawiecki wrote on Twitter, that over the next 10 years, Poland will spend at least €3 billion on electromobility. “We take this issue seriously… The money will be invested to develop research projects that will translate into increased innovation and better air quality,” he ...

Locked content Tusk: ‘We will not renegotiate the Brexit deal’

The President of European Council Donald Tusk said that Brussels will not renegotiate the Brexit deal. “We will not renegotiate the deal, including the backstop, but we are ready to discuss how to facilitate UK ratification. As time is running out, we will also discuss our preparedness for a no-deal...