The Banking Supervision Commission installed a caretaker management in the ailing Bank Wspolpracy Regionalnej (BWR) and cleared Deutsche Bank to become the troubled bank’s strategic investor.
Prokom’s purchase of net applications provider The Polished Group (TPG) marks the second step in the beleaguered software firm’s emerging on-line strategy.
MARILYN ZELIN recently joined the international law firm Baker & McKenzie as the professional development and quality management coordinator for the Warsaw Office.
GERARD GORECKI, 26, Sept. 1 joined international law firm Baker & McKenzie.
Photo service firm Relax Foto is planning to complete a $4 million building project at ul. Krakowskie Przedmiescie 45 by the end of the year.
The Warsaw Stock Exchange (WSE) enjoyed a small rebound last week, with the all-share WIG index closing Friday at 14,854.30, up 3.28% on the week.
Sports programming is a proven asset worldwide and Wizja TV is upping the stakes here for this prized commodity in a rapidly expanding market, threatening to make live coverage a pay-TV event.
Fortis Bank has called for a tender for First Polish-American Bank (PPA Bank) shares at zl 40.10.
The Philips plant in Pila, which is the largest light bulb manufacturing plant of the Philips corporation employing 3,500 people, will soon become the only Philips plant producing energy efficient bulbs in Europe because of reorganization of Philips lighting plants.