The management board of engine producer Cegielski S.A. has approved a scheme under which it would enter Holding Stoczniowy, along with Cegielski S.A., Gdynia Shipyard, and Szczecin Shipyard (Gazeta Wyborcza, page 20)…
The Treasury Ministry has prepared a project of a law that would require super- and hypermarkets operating in the country to obtain operational licenses, said Minister Wieslaw Kaczmarek (Gazeta Wyborcza, page 15)…
A Greek cargo ship with a Polish crew of 20 sank in a storm off Norway on Saturday, killing all aboard.
According to a report of the Internal Market and Consumption Institute (IRWiK), Poland’s cosmetics industry has doubled over the last two years. The domestic cosmetics market is dominated by Polish firms Soraya and Eris, followed by Pollena-Uroda and Pollena-Lechia.
Krzysztof Banaszak, president of Gdynia Shipyard, said the company should see 100 million zl in profits from its restructurization plan within three months.
The Dutch ING Bank NV has guaranteed an $83-million pre-payment for the construction of seven container ships, scheduled to be built by Gdynia Shipyard for three German clients.
The second-annual "Kreatura ’96," one of three major advertising competitions held in Poland, announced its winners on Friday night.
Polski Bank Rozwoju (PBR) has organized a consortium to provide the Gdynia Shipyard with a $20.4 million loan to finance the construction of a ship, the bank said yesterday.
Hong Kong-based Orient Overseas Container Line (OOCL), one of the world’s five largest container forwarders, plans to invest several million dollars to build its own terminal in the Tri-City region of Gdansk, Gdynia and Sopot.
Poland’s state-owned Gdynia Shipyard said it plans to sell some 40% of its shares to a strategic investor this year.