Locked content Gov’t to build electrical power and heating plant in Silesia

The governmental Industrial Development Agency (ARP) and state-controlled energy company, JSW Koks will construct an electrical power and heating plant worth PLN 185 million in Radlin (Upper Silesia). “The government’s priority is to support industry in Silesia. The new role of the ARP f...

Locked content Government suspends plan to consolidate cargo operators

The Polish government has decided to suspend the plan of the consolidation of cargo railway operators due to failing to reach an agreement between the ministry of infrastructure, trade unions and the ministry of the state treasury, the media reported. “After conducting an initial analysis we h...

Locked content ARP acquires 50% of GSG Towers stakes

Polish anti-monopoly watchdog UOKiK gave the Industrial Development Agency (ARP) the green light to acquire a 50 percent stake in GSG Towers, a Gdańsk Shipyard Group subsidiary. The ARP will jointly control GSG Towers with the Ukrainian investor, GSG. GSG Towers is responsible for the sale of wind t...

600 new jobs in Gdańsk Shipyard to be created

Poland’s Industrial Development Agency has reached an agreement with the Ukrainian investor of Gdańsk Shipyard, Gdańsk Shipyard Group (GSG) in line with which 600 jobs will be saved and another 600 will be created, the deputy state treasury minister, Rafał Bieniak informed ISBnews agency. ...

Locked content ARP to consolidate cargo operators?

The state-owned Industrial Development Agency (ARP) has been planning the consolidation of the Polish railway cargo industry, according to Puls Biznesu daily. The Ministry of the State Treasury has already signed a letter of intent with Lotos Kolej, which controls 8.9 percent of the market, the dail...

Locked content Przewozy Regionalne saved

As many as 13 marshals of 16 voivodeships agreed to approve the restructuring plan of Przewozy Regionalne (PR) railway company. Poland’s Industrial Development Agency (ARP) will invest PLN 750 million in order to rebuild the firm and pay its debts, the press reported. In line with the plan, PR...

Locked content Gov’t agency to spend PLN 3 billion on innovation by 2020

The Industrial Development Agency (ARP) has earmarked over PLN 3 billion for innovation, restructuring and investment as part of its new strategy until 2020, the Treasury Ministry said in a statement. The agency will invest some PLN 1.3 billion in fostering innovation alone. It will launch a technol...

Locked content ARP presents new strategy

Innovation, restructuring and investment are the three priorities of the new strategy of the Industrial Development Agency (ARP), presented on Monday. The institution has earmarked more than PLN 3 billion for these areas. The ARP’s strategic goal is “the improvement of businesses competitiveness thr...

Locked content Three options for troubled regional railway

Poland’s Ministry of Infrastructure and Development has three options initially planned for passenger railway firm Przewozy Regionalne, now co-owned by Polish voivodships, reports Rzeczpospolita. One of the options sees the troubled railway firm going bankrupt. “This scenario is however hardly likel...

Locked content Regional railways firm to get huge capital injection

Przewozy Regionalne, a regional passenger railway firm co-owned by Poland’s voivodships, will receive a capital injection of up to PLN 750 million, reports Puls Biznesu. Such a plan was devised by consultancy EY. The money will either come from Polskie Inwestycje Rozwojowe (PIR) as part of the Polis...