Poland

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Norway and Poland reach deal on €809m aid scheme.

Negotiations were stalled for weeks, as Warsaw tried to capture funds earmarked for the civil sector.

- EU Observer - EU

Polish minister accuses EU of 'spreading lies' in logging case.

Illegal logging in an ancient Polish forest has been blown out of proportion by the European Commission, which spread lies" and "manipulated the facts", according to Poland's environment minister, who insisted on yet another hearing as part of an ongoing legal case.

- EurActive - UK

Poland's FM on Karabakh: Disregard and even breaking the rules is a source of international tension.

- Today.Az - AZ

President Ilham Aliyev receives Polish FM.

- Today.Az - AZ

Erdogan is in Warsaw on a First Visit to an EU Country after a Coup Attempt.

Turkish President Recep Tayyip Erdogan was warmly welcomed by Polish counterpart Andrzej Duda today in Warsaw during his first official visit to an EU country following the coup attempt in July 2016, AFP reported. Erdogan visited Belgium in May for a meeting of NATO and Hamburg for a G20 summit in July, but Poland is the ...

- Novinite - BG

Poland's FM on Karabakh: Disregard and even breaking the rules is a source of international tension.

Polish Foreign Minister Witold Waszczykowski talks to Trend on Warsaw-Baku cooperation, economic projects on agenda and Karabakh conflict ahead of his visit to Baku.

- AzerNews - AZ

President Ilham Aliyev receives Polish FM.

President of Azerbaijan Ilham Aliyev received a delegation led by the Minister of Foreign Affairs of the Republic of Poland, Witold Waszczykowski, on October 18.

- AzerNews - AZ

Poland looks forward to Azerbaijan's contribution to European energy security.

Poland supports the construction of the Southern Gas Corridor as a means to supply south-east Europe with gas alternative to the dominant Russian supplier, said Polish Foreign Minister Witold Waszczykowski.

- AzerNews - AZ

Poland warns Raiffeisen Polbank to stick to IPO deadline.

Regulator says it could take action against lender if unit not listed by mid-May

- Financial Times - US

Energa with PLN 500 mln EBIDTA in Q3.

Energy firm Energa recorded consolidated EBITDA of PLN 500 million in Q3 2017 and of PLN 1.643 billion for the first nine months of the year, according to the company’s estimates. The group produced 1,059 GWH of energy in Q3, distributed 5,446 GWh and sold 5,092 GwWh of power in Q3 of the year.

- Warsaw Business Journal - PL

Poland to receive €809 mln in Norway Grants.

Poland will receive €809.3 million in Norway grants, Deputy Development Minister Jerzy Kwieciński stated. A part of the funds will be earmarked for the development of citizen society. The institution responsible for allocating these funds will be selected by a committee involving Polish and Norwegia...

- Warsaw Business Journal - PL

Poland and Turkey could double bilateral trade - Duda and Erdogan

Poland and Turkey could double their bilateral trade to a level of €10 billion a year, said Presidents of the two countries, Recep Tayyip Erdogan and Andrzej Duda, at a Polish-Turkish business forum in Warsaw.

- Warsaw Business Journal - PL

Polish egg producers increase exports, limit deliveries to Polish supermarkets

Polish poultry producers have been limiting their supplies of eggs to supermarkets, while increasing exports due to higher prices of eggs in Europe, said Mariusz Szymaślik, head of industry chamber for poultry producers. Egg producers can get as much as PLN 0.45-0.5 per M-class egg fr...

- Warsaw Business Journal - PL

Construction firms' revenues increase 2% y/y in H1, their financial situation could worsen - Deloitte

Ten biggest construction companies listed on the Warsaw Stock Exchange have recorded a 2 percent increase year-on-year in revenue in the first six months of 2017, Deloitte stated in a recent report. Budimex, the largest construction firm in Poland, saw revenue increase of 12 percent to a level of PL...

- Warsaw Business Journal - PL

Salaries up 6% y/y in September - GUS

Average remuneration increased by 6 percent year-on-year in September to reach PLN 4,473.06 before tax, according to statistic office GUS data. Market consensus saw the increase at 6.1 percent. In month-on-month terms it fell by 0.4 percent. Employment increased by 4.5 percent y/y (market consensus ...

- Warsaw Business Journal - PL

New car registrations up 13.7% in September - ACEA

The number of new car registrations increased by 13.7 percent y/y in September, according to European Automobile Manufacturers' Association ACEA. In the January-September period 355,461 new cars were registered in Poland, marking a 17.3 percent increase y/y. In the entire EU ...

- Warsaw Business Journal - PL

Poland's HICP inflation at 1.6% y/y in September, lower than in the EU

The harmonized index of consumer prices for Poland stood at 1.6 percent in September, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.2 percent. Throughout the EU, the rate amounted to 1.8 percent year-on-year (compar...

- Warsaw Business Journal - PL

ZM Henryk Kania to take over Staropolskie Specjały worth PLN 293 mln

WSE-listed meat producer ZM Henryk Kania has agreed to take over all the shares of competitor Staropolskie Speciały as payment of the debt the firm has against ZM Henryk Kania. The value of the acquired company is estimated at PLN 293 million. The takeover still needs green light from consumer watch...

- Warsaw Business Journal - PL

Prologis completes second Stryków BTS project for Arvato

Developer Prologis has finished construction work on an 18,100-sqm built-to-suit project for outsourcing company Arvato Polska, which is located within the Prologis Park Stryków logistics park in central Poland. It is the second BTS scheme to have been completed by Prologis for the client in this lo...

- Warsaw Business Journal - PL

New tenant in Astoria Premium Offices in Warsaw

A residential investor whose name has not been revealed has leased almost 1,400 sqm of space in Astoria Premium Offices in downtown Warsaw and will occupy an entire floor in the building. The tenant will move into its new premises by the end of 2017. As a result of the transaction, the office space ...

- Warsaw Business Journal - PL

LC Corp announces new residential project in Wrocław

Warsaw Stock Exchange-listed developer LC Corp is planning a major residential project on ul. Kamienna in Wrocław, which will be developed on a site that currently houses a car dealership and a bank outlet. The scheme will be built in two phases and will comprise a total of more than 400 apartments ...

- Warsaw Business Journal - PL

Poland's grain exports up 19% y/y, non-EU destinations on the rise

Between July 2016 and June 2017 Poland exported 6.4 million tonnes of grain, including corn, which is 19 percent more than in the corresponding period of 2015/2016, according to data published by the National Support Center for Agriculture . The increase was mainly due to the increase in wheat...

- Warsaw Business Journal - PL

Public finance deficit at PLN 50 bn - Morawiecki

The deficit in Poland’s public finance sector will come in at approximately PLN 50 billion this year, while the budget deficit alone should amount to “thirty-something” billion zloty, Deputy PM Mateusz Morawiecki said in an interview for TVP Info. In the budget bill for 2018, budget deficit for this...

- Warsaw Business Journal - PL

Record PLN 3 bln in investment projects in Katowice SEZ in 2017

A record number of 40 investment projects worth a total of PLN 3 billion will be carried out in the Katowice Special Economic Zone in 2017. The investments will involve the creation of 1,400 jobs, KSSE stated. Last year, KSSE attracted 29 new investments worth a total of PLN 1.9 billion. Afte...

- Warsaw Business Journal - PL

Poland gives Erdogan support on Turkey's EU bid

Turkish President Recep Tayyip Erdogan met Tuesday with his Polish counterpart in Warsaw, his first official bilateral visit to an EU country since the failed 2016 coup in Turkey

- The Daily Star - LB

National athletes perform in Poland

- Today.Az - AZ

European Filmmakers and Producers Protest Sacking of Polish Film Institute Director

European film producers are voicing outrage over what they allege was the politically motivated sacking of the head of the Polish Film Institute, the nation's key funding and international networking hub for cinema production. Magdalena Sroka's ouster, announced Oct. 9 by Poland's culture minister, Piotr Glinski, prompted ...

- Variety - US

Poland denies wrongdoing over forest logging

Polish environment minister Jan Szyszko has said the European Commission's complaint against logging in Poland's Bialowierza forest was unsubstantiated and that the terms of the EU's Natura 2000 conservation programme were unclear. "These are not primeval forests, untouched by the hand of man," he told press in Luxembourg ...

- EU Observer - EU

In Europe, a new wave of terrorism driven by social media

The proliferation of extremist content online has led to growing pressure on tech firms. The EU has an opportunity to provide leadership by developing clear standards to decrease the prevalence of extremist propaganda, writes Radek Sikorski.

- EurActive - UK

PKO acquires 450k shares in Bank Pocztowy

Poland’s largest lender PKO BP has signed an agreement to acquire 453,630 C-series shares of Bank Pocztowy in the latter’s private subscription shares issue. Poland’s national postal services provider will acquire 1,360,890 shares of the bank. The issue will raise Bank Pocztowy’s share capital by PL...

- Warsaw Business Journal - PL

PGE with a PLN 310 mln contract with national grid operator

National energy grid operator PSE has signed a PLN 310 million deal with PGE Górnictwo i Energetyka Konwencjonalna, a company from the PGE group, to purchase electric energy that will cover the energy transfer losses that will be sustained in 2018, PSE stated. Such agreements are signed each year to...

- Warsaw Business Journal - PL

38% of Poles willing to pay more for goods made by family businesses

Over a third of Poles are willing to pay extra for a product manufactured by a family-owned business, according to a study carried out by Family Business Foundation . Additionally, 30 percent of them would be willing to pay more than 10 percent extra to buy a comparable product f...

- Warsaw Business Journal - PL

Current account deficit at PLN 100 mln in August - NBP

Current account deficit stood at PLN 100 million in August, against a market consensus of a PLN 641.1 million deficit, NBP stated. Exports increased by 11 percent y/y , while imports grew by 6.7 percent y/y . In August Poles exported ...

- Warsaw Business Journal - PL

Poland tops EU ranking in largest drop in poverty risk between 2008-2016

Between 2008 and 2016, the risk of poverty and social exclusion decreased in Poland by 8.6 percentage points , marking the sharpest decrease in the EU, according to Eurostat data. Latvia (with a 5.7 pp...

- Warsaw Business Journal - PL

Companies looking for 50+ employees - Work Service

Nearly 23 percent of companies employ people over 50 years of age and have plans to increase employment in that age group within the next 12 months, according to a survey conducted by Work Service. Meanwhile 3.8 percent of companies don’t have people over 50 on their payroll but are planning on hiri...

- Warsaw Business Journal - PL

Bridgestone to invest €194 mln in Poland

Bridgestone plans to invest €194 million in Poland in expanding its production facilities, expanding its product offer and improving customer service, the company stated. The company wants to expand its three key production plants in Europe, havin...

- Warsaw Business Journal - PL

Nuclear tech provider to be selected by end 2019 - Energy Ministry

The procedure of selecting a technology provider for the construction of a nuclear plant would be conducted in two stages, said Józef Sobolewski, the director for the nuclear energy department at the Ministry of Energy. In 2018 one or two potential candidate would be selected and the final decision ...

- Warsaw Business Journal - PL

Sales in small stores up by 2.7% y/y - report

Sales in small stores increased by 2.7 percent y/y in September, according to a report prepared by market research firm CMR. In month-on-month terms, sales fell by 10 percent, mainly due to a decrease in seasonal shopping, such as ice cream , beer (a 22 perc...

- Warsaw Business Journal - PL

48% of Poles use subscription payments - Straal

Less than a half of internet shoppers in Poland use subscription payments, compared to 85 percent in the EU-15 countries, according to a study carried out by global payment solutions provider Straal. Poles usually use subscription payments to pay for their insurance , utilit...

- Warsaw Business Journal - PL

Regional cities increasingly attracting investor interest – report

The share of regional cities in the total commercial property investment volume in Poland has been on the rise and reached as much as 61 percent in the first half of this year, according to a recent report by Colliers International and Deloitte Legal. The combined value of the investment transaction...

- Warsaw Business Journal - PL

New lease agreements in Warsaw Towers building

Real estate investor Grupa Octava has taken up 350 sqm of office space in the Warsaw Towers building in downtown Warsaw, which is owned by CA Immo. Meanwhile, one of the current tenants – outsourcing and consulting company Accenture – has leased an additional 1,300 sqm in the property and will now o...

- Warsaw Business Journal - PL

Another co-working space operator to enter Poland

Co-working space operator BOBO Coworking is to open its first location in Poland later this year. The company has leased approximately 1,700 sqm of space in the myhive Crown Point office building in Warsaw with the transaction having been brokered by JLL. Within the next three years, the company wan...

- Warsaw Business Journal - PL

Polish FM due in Azerbaijan

- Today.Az - AZ

Two members of Polish metal band charged with rape, kidnapping female fan

Members of a Polish metal band have been charged with rape and kidnapping after authorities say they gang-raped a woman on their tour bus following an August show in Spokane, Washington.

- FOX News - US

Ukraine and Poland education ministers will meet for consultations on Ukrainian education law

Polish Ambassador to Ukraine Jan Pieklo has announced a meeting at the level of the education ministers of Ukraine and Poland to discuss the provisions of the new Ukrainian law on education. “Such a meeting is planned. And we consider it necessary to hold such consultations at the level of Education Minister of ...

- Kyiv Post - UA

Busan Film Review: 'Promise at Dawn'

However abetted by fiction, Romain Gary's autobiographical novel “Promise at Dawn” is more of a roaring yarn than most memoirs have a right to be: Covering over 20-odd years in the celebrated French author's early life, it's a bildungsroman that covers pluckily overcome poverty in Poland, sensual education in ...

- Variety - US

Polish MEP under pressure on crucial EU energy saving law

An update of the EU's Energy Efficiency Directive risks coming undone as a result of political infighting between the Polish lawmaker charged with helming the European Parliament's revision of the legislation and much of his own political group, EURACTIV.com has learned.

- EurActive - UK

UNIAN: Polish envoy says labor migration of Ukrainians to Poland beneficial for both countries

Poland's Ambassador to Ukraine Jan Pieklo says that labor migration of Ukrainians to Poland is a good process for both countries, according to an UNIAN correspondent reporting from the ceremony of opening a mural depicting John Paul II held in Kyiv on Oct. 15 and attended by the official. The post UNIAN: Polish envoy says ...

- Kyiv Post - UA

Invenergy presses Polish government over $700m wind farm dispute

US renewables group set to initiate international arbitration proceedings

- Financial Times - US

Polish envoy considers labor migration of Ukrainians to Poland beneficial for both countries

Poland's Ambassador to Ukraine Jan Pieklo says that labor migration of Ukrainians to Poland is a good process for both countries, according to an UNIAN correspondent reporting from the ceremony of opening a mural depicting John Paul II held in Kyiv on October 15 and attended by the official.

- UNIAN - UA

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