Locked content Government and Macro Notes

The government reopened debate this week on the privatization of the country’s oil sector. The plan aims to create a state-owned Polish Oil Company (PKN), which would include seven refineries and hold a 33% stake in the country’s largest oil distributor, Centrala Produktow Naftowych (CPN...

Locked content Telecoms needs foreign investment

Heavy-handed political pressure is out. Promoting the idea of self-interest is in. That seemed to be the underlying theme at last week’s telecommunications conference sponsored by the U.S. Trade and Development Agency and the Telecommunications Industry Association.

Locked content Reinsurance gets boost from Sejm

The government, prodded by the Sejm and the domestic industry, is getting into the reinsurance business, contributing 10% of the $50 million start-up capital for a Polish reinsurance company expected to be established in about three months.

Locked content Metro land, kiosks to be leased

The Metro Construction authority has begun accepting bids to lease the kiosks located at the 11 Metro stops. Three firms which operate chains of kiosks have expressed desire to lease several of the sites, along with about a dozen individual users.

Locked content Reinsurance gets boost from Sejm

The government, prodded by the Sejm and the domestic industry, is getting into the reinsurance business, contributing 10% of the $50 million start-up capital for a Polish reinsurance company expected to be established in about three months.