PAIH supporting 178 projects worth EUR 7.2 bln

The Polish Investment and Trade Agency (PAIH) is currently supporting 178 foreign direct investments worth a total of EUR 7.2 billion, the agency said. Last year, PAIH worked on 179 projects with a total value of EUR 5.9 billion.

PMI grows to 54.2 points in June

The Purchasing Managers Index for Poland in June has increased to 54.2 points, from 53.3 points in January. The market consensus was 53.1 points. This is the best result since the beginning of the year.

Unemployment in Poland at 3.8% in May – Eurostat

The seasonally adjusted unemployment rate in Poland stood at 3.8 percent in May, the same as the month before, the EU statistical office Eurostat said. This is a drop from May 2017, when it stood at 5.2 percent. The pan-European statistics agency, which uses roughly the same criteria as Poland’s Cen...

Brussels launches new case against Poland over Supreme Court reform

The European Commission launched a new case against Poland over changes to the Supreme Court which it claims undermines judicial independence in the country. The new law, which comes into force on Tuesday, lowers the retirement age for Supreme Court judges from 70 to 65, which affects one-third of t...

Energa to reverse PLN 116.6 mln asset impairments

WSE-listed power utility Energa will boost its 2018 net result by PLN 94.5 million, thanks to reversing PLN 116.6 million impairments on its wind farm assets, following regulatory changes, the company said in a market filing.

Locked content Economic sentiment down in June

The forward-looking economic sentiment indicator dropped by 0.4 points m/m in June, the Bureau for Investments and Economic Cycles (BIEC) informed. It is currently 3.8 points below its last local peak recorded in January 2017. “The majority of negative signals come from the Warsaw Stock Exchange, wh...