Locked content Poland to lend Ukraine €100 mln

“The Council of Ministers passed a resolution to lend Ukraine up to €100 million. The deal will be signed on Wednesday,” Mateusz Szczurek, the Minister of Finance informed. This loan was promised by Prime Minister Ewa Kopacz during her visit to Kiev at the beginning of the year. “W...

Locked content Poland to partake in the ‘Invest Punjab’ summit

Minister of the Economy Janusz Piechociński recently spoke with a Punjabi delegation in Lubelskie voivodship about Poland being a partner state at the ‘Invest Punjab’ summit. Punjab deputy chief minister Sukhbir Badal invited Piechociński along with researchers and businessmen to join hi...

Locked content Germany remains Poland’s main trade partner

Germany’s share in the Polish volume of exports grew by 0.9 percent y/y and amounted to 26.1 percent throughout January-November 2014, Central Statistical Office (GUS) informed. Russia’s and Ukraine’s share decreased by 1 percent and 0.9 percent, respectively and totaled 4.3 percent and 1.9 percent ...

Locked content Poland fails to win new markets for apples

After Russia imposed an embargo on food imported from the West, Polish growers find it difficult to win alternative markets for apples. Marek Gawlik, the president of the Polish Saudi Business Council, who was seeking a supplier to deliver apples to Nigeria and the United Arab Emirates, argues that ...

Locked content German imports at a two-year low

Poland’s neighbor, Germany, has posted its biggest drop in imports in the last two years in October. Reuters reported that October imports were very low compared to a high result in the previous month. A 3.1 percent decline in imports was recorded on the month. Exports also fell by 0.5 percent...

Locked content BGK to help small firms get a foot in the door on foreign markets

Bank Gospodarstwa Krajowego (BGK) will set up a fund aiming to promote the foreign expansion of Polish small and medium enterprises. To begin with, the fund will have PLN 100 million at its disposal, but within seven years, it should wield a lump sum of PLN 1.5 billion, according to an ISBnews relea...

Locked content Ministry of the Economy is zeroing in on new export markets

The Ministry of the Economy is launching a special program in a search for new export markets. Details regarding the new program can be found on the Ministry’s website. The countries that are to be approached will be Azerbaijan, India, Indonesia and Vietnam. Since the conflict in Ukraine, the ...

Locked content Russia extends embargo to Belarus

Russia has put into force restrictions on the import of fruit and vegetables from Belarus. Produce not accompanied by quarantine certificates will be stopped from entry into the Russian Federation. Russian veterinary and phytosanitary inspectorate Rosselkhoznadzor explains the decision by the presen...

Pork producers rally in face of losses

The Polish pork producers’ association is drafting a letter to the Prime Minister which will ask for swift and coordinated action on the national level regarding the African swine fever virus. The virus has been identified in wild boars in the northeast of the country, but has been especially ...