EU subsidies reach PLN 127.8 bln

The value of EU subsidy applications submitted by September 17 amounted to PLN 249.7 billion, according to data released by the Ministry of Development. Till mid-September, 22,475 contracts for the EU co-financed projects amounted to PLN 127.8 billion in EU subsidies.

Employment and wages growth continues in August – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in August grew by 4.6 percent year-on-year, while the wages grew by 6.6 percent. In month-to-month terms, wages inched down by 0.2 percent, while the employment increased by 0.1 percent.

Czarnecki sets LC Corp sale price at PLN 2.1 apiece

Majority shareholder of the WSE-listed real estate developer LC Corp, Leszek Czarnecki, along with controlled by him consortium including Getin Noble Bank, Open Finance, and Open Life TU Życie set the sale price of its 51.17 percent stake in LC Corp at PLN 2.1 per share. This puts the value of the t...

Morawiecki: exports to exceed €200 bln this year

According to deputy PM Mateusz Morawiecki, exports of Polish goods and services could exceed €200 billion for the first time this year. “After first six months of the year, exports grew by 8.4 percent y/y, reaching €99 billion. We have a chance to exceed €200 billion this year, which will be a great...

Investment funds with nearly PLN 2 bln net inflows in August

Polish investment funds recorded PLN 1.98 billion in net inflows in August, according to data released by Analizy Online. Retail investment funds had over PLN 1.9 billion in net inflows last month, which is the best result since April 2015, and the seventh straight month with over PLN 1 billion in n...