Locked content Pesa wins €50 mln tram contract with Kiev

Rolling stock producer Pesa signed a €50 million deal for the delivery of 40 low-floor trams to Kiev, Pesa said in a market filing. “This is a great pride for us, but also a confirmation of the good opinions of passengers and the carrier regarding our products. The trams delivered so far to Kyiv hav...

Locked content Bogdanka to double its coal resources with new field in Ostrów

Coal miner Bogdanka, a subsidiary of state-owned utility Enea, has filed a motion for a new mining license at Ostrów field, which if approved would increase company’s resources by some 186 million metric tons. With this move, and expanding its Bogdanka field, the company will nearly double its resou...

Locked content Alior Bank won’t update its strategy – acting CEO

WSE-listed lender Alior Bank sees no reason to update its recently announced strategy and expects to pay a dividend no sooner than in 2020, acting CEO Michał Chyczewski said. ”We will implement all strategic goals and parameters, by end-September we want to have an operational plan for meeting parti...

Locked content KUKE with new CEO

Shareholders of the Export Credit Insurance Corporation (KUKE) have appointed Piotr Antkiewicz as its new CEO. “Piotr Antkiewicz is a highly qualified manager with 20 years of insurance, banking, and management experience gained in international organizations,” KUKE said. Antkiewicz replaces Marek C...

Locked content TDJ to build two office schemes in Katowice

The first business center near sports arena “Spodek” in Katowice will be opened in June 2018. The first of two buildings within the project will be delivered June 1 of next year, the representatives of investor informed. The 66-meter building named KTW will be located next  to sports arena “Spodek” ...

Locked content  Salary in June up by 6%

The average gross salary in June was PLN 4,508.1, which represents a year-on-year rise of 6.0 percent, the Central Statistical Office (GUS) informed on Tuesday. In monthly terms earnings grew 2.7 percent. Employment increased by 4.3 percent in June y/y. On a m/m basis, employment was up 0.2 percent&...

Locked content Bieńkowska: Poland will receive less EU funds in 2021

EU commissioner for the internal market, industry and entrepreneurship Elżbieta Bieńkowska said that Poland will likely receive significantly less in EU funds in the next financial perspective which will begin in 2021. The exact figures will be known next year, she added. “Poland receiving €10...

Locked content Poland abstains in Ukrainian trade preferences vote

Agriculture ministers from EU Member States have voted to adopt the trade preferences for Ukraine, aimed at strengthening the country’s economy. Polish and Latvian representatives abstained from voting. Poland’s deputy agriculture minister Ryszard Zarudzki explained that Poland has reser...

Locked content Poland with €325 mln financing from EIB for epressways

The European Investment Bank (EIB) will loan €325 million for financing the construction of the parts of the S7 and S8 expressways. The loan will be taken by the state-owned lender BGK and will finance some 110 kilometers of the roads in the Mazowieckie voivodship. “EIB funding will help reduce cong...