More than 2 million employees work in ailing companies

As many as 960,000 Polish workers are employed by companies in a very bad financial condition and 1.2 million employees work for companies in a poor financial situation. More than 2 million workers are threatened by lay-offs, according to a report published by Bisnode Polska, a company specializing ...

Pegaz to establish another consortiums

Polska Grupa Zbrojeniowa (Pegaz) is planning to establish consortiums in order to win more contracts and selling technology on the civil market, according to Puls Biznesu daily.

BofA: better forecast for Poland

Poland’s GDP will grow by 3.5 percent this year, up from the previous forecast of 3.3 percent, BofA Merril Lynch informed in its Global Economic Weekly report. Next year, the rate is to increase by 3.7 percent, while it was previously seen at 3.4 percent.

Bogandka to launch exports

LW Bogdanka mine is considering selling coal abroad since there has been a surplus on the Polish market, according to Parkiet.com.

Public debt increased in Q3 – Eurostat

The central and local government debt rose to PLN 831.33 billion at the end of Q3 2014, up from PLN 821.34 billion three months earlier, Eurostat reported. The debt stood at PLN 930.5 billion at the end of the same quarter of 2013.