In Brief: Whirlpool; Retail sales in August; New budget hotels network

The president of Whirlpool Europe chose Poland as he received very attractive investment conditions from the government. (Puls Biznesu p. 12)... Retail sales rose by 9.6% in August, which implies that GDP growth in Q3 will be around the 5% mark. However, this figure is worse than was predicted by economists last year, but it is still better than most European countries. (Rzeczpospolita p. B3, Puls Biznesu p. 9) ... The Hotel and Tourist Company (PUHiT) announced its plans next to create a network of 20-25 budget hotels in the main cities. Room prices would range between zł.100-160. The company will invite small one and two star hotels to join the project. (Puls Biznesu p. 9) M.G.