Skip to content
Advertisement

Business

In Brief: zl.360 million wind power project; LOT cuts flights; Elektrim rating

Europe's biggest windmill power station is to be built in Skarszewo near Slupsk. The main investor in the zl.360 million project is Polish-German company Dea. (Puls Biznesu, p. 13) ... LOT Polish airlines has confirmed that it is reducing its flight schedule during the winter months. The national carrier will halt all flights from Warsaw to Stuttgart, Damascus and London Gatwick. (Gazeta Wyborcza, p. 24) ... Standard & Poor's has lowered its rating for Elektrim. Concerns over whether the company will be able to refinance its debt and worries about its prospects in the telecommunications, cable and energy sectors are cited as the justification for the decision. (Rzeczpospolita, p. B1) P.J.

More from Business All