latest news headlines

Nestle poised to cut 300 UK jobs as it moves Blue Riband biscuit production.

Nestle is on the brink of cutting nearly 300 jobs as part of plans to shift production of its Blue Riband chocolate biscuit to Poland, unions have said. Unite union and GMB union said that Nestle was using the Brexit vote as a reason to cut jobs and "trample on workers' rights".

- City AM - UK

Nestle to cut 300 jobs in Britain as it moves production of Blue Riband bars to Poland.

Swiss company's decision draws strong criticism from unions, who accuse it of jeopardising workers' future.

- IBTimes.co.uk - UK

Poland and others fail on WWII restitution goal: report.

Eight years after making an international pledge secure the return of property confiscated from Jewish people during World War II, several Eastern European countries have not delivered, according to a report by a Prague-based institute. Among eastern European countries, Bosnia-Herzegovina and Polan...

- The Raw Story - US

Transatlantic Fragmentations and Policy Adaptation: The Security of Europe in 2025.

The 2016 NATO Summit in Warsaw was designed around the concept of strategic adaptation. The security environment in which the NATO allies operate has indeed experienced major transformations in recent years, some of which was caused by transatlantic partners themselves. The lessons learned from the recent strategic ...

- GMF - DE

Kasparov: Putin Skipped Poland and 'Went Straight to Wisconsin'.

Russian chess champion Garry Kasparov on Sunday said Russian President Vladimir Putin "skipped over Poland and went straight to Wisconsin," Business Insider reports.

- Newsmax - US

Transatlantic Fragmentations and Policy Adaptation: The Security of Europe in 2025.

Photo credit: Rokas Tenys / Shutterstock.com. The 2016 NATO Summit in Warsaw was designed around the concept of strategic adaptation. The security environment in which the NATO allies operate has indeed experienced major transformations in recent years, some of which was caused by transatlantic partners themselves. The ...

- GMF - DE

Garry Kasparov: Putin skipped taking over Poland and went 'straight to Wisconsin'.

AP After giving a talk on the power of artificial intelligence at the TED 2017 conference in Vancouver, Canada, chess legend Garry Kasparov offered some thoughts on Vladimir Putin's effects on the US election. "There was no question of if he would attack other countries, but when or where," he said. Kasparov recalled an ...

- Business Insider - US

Kaufland Polska with over PLN 10 bln revenue in 2016.

Kaufland Polska's revenue from sales in the 2016 fiscal year , has increased by nearly 6 percent y/y to over PLN 10 billion, company said in a market filing. “The increase has been fueled by growth in lfl sales, changing the product range and network expansion,” the com...

- Warsaw Business Journal - PL

Overwhelming majority of Poles think Poland is a safe country.

As many as 89 percent of Poles claim that Poland is a safe place to live, according to the CBOS poll. Only 9 percent thinks otherwise. This is the best result since 1987, when the first such poll was conducted. Compared to last year, the number of respondents that think Poland is safe country increa...

- Warsaw Business Journal - PL

PM Szydło opens Polish stand at Hannover Messe.

PM Beata Szydło, officially launched the Polish stand at the Hannover Messe fair and encouraged German companies to invest in Poland. ““I hope that thanks to Hannover Messe we will be able to build closer cooperation between Poland and Germany,” she said, while boasting about young Polish entreprene...

- Warsaw Business Journal - PL

Cabinet reshuffle before summer holidays – media.

According to Rzeczpospolita daily, the ruling Law and Justice government is planning a reshuffle before the start of the summer holidays. One of the ministers scheduled to lose his post is Witold Waszczykowski who helms the foreign ministry. According to the daily he will be sent to the US, wh...

- Warsaw Business Journal - PL

Puławy chemicals to spend PLN 695 mln on nitric acid installation

State-owned Azoty Puławy plans to build a nitric acid installation worth up to PLN 695 million, company’s CEO Jacek Janiszek said. The facility, with 1,000 metric tons daily capacity will be located in Puławy and is expected to be delivered by 2024 at latest. “We are signing a contract for license, ...

- Warsaw Business Journal - PL

Poland with 54.4% general government gross debt - Eurostat

According to data released by Eurostat, in 2016, Poland had general government gross debt at 54.4 percent of its GDP, way below the EU average which stood at 83.5 percent. Estonia had the least general government debt, with only 9.5 percent of the GDP, while Greece was at the other end of the spectr...

- Warsaw Business Journal - PL

Wind farms with 23% share in the energy mix

Last Saturday, wind farms had a 23 percent share in Poland’s energy mix, portal gramywzielone.pl said. This was the best result this year so far. Polish wind farms, which have 5.8 GW capacity, produced 99 GWh of energy. On the same day, throughout the EU, only four other countries had bigger shares ...

- Warsaw Business Journal - PL

Poland with €340 mln in EU subsidies in March

According to the Polish ministry of finance, the value of EU funds transferred to Poland in March amounted to €340.16 million. That figure includes, €284.55 million in capital transfer and €55.6 million in current transfers. As part of the Cohesion Fund, Poland received €324 million, while the Commo...

- Warsaw Business Journal - PL

The Unicorn Frappuccino infuriated baristas — but it was one of Starbucks' best decisions in a long time

Kate TaylorStarbucks' Unicorn Frappuccino is officially off the menu — but in just five days, the beverage showed just how powerful a pretty drink can be. The Frappuccino generated roughly 180,000 Instagram posts in just one week, according to UBS research. The color-changing beverage was perfectly crafted to catch ...

- Business Insider - US

Made in Poland 2017

How much support do exporters need and where it should be directed was one of the main themes of this year’s Made in Poland conference.

- Warsaw Business Journal - PL

7R Logistic launches two new projects in southern Poland

Warehouse space developer 7R Logistic is now working on two new projects in southern Poland, which will be located in Bielsko-Biała and Siemianowice Śląskie. The Bielsko-Biała scheme, called Beskid Park, will comprise two buildings offering a total of approximately 29,000 sqm of space, with the cons...

- Warsaw Business Journal - PL

PORF publishes Warsaw office market data for Q1

More than 84,000 sqm of office space was completed in Warsaw in the first quarter of this year, with all the new buildings delivered in the period being located outside the center of the city, according to the latest report by the Polish Office Research Forum . The gross demand in Q1 amounted ...

- Warsaw Business Journal - PL

NBP: Consumer loans up, while housing loans declined in March

The value of consumer credits increased by 0.5 percent or PLN 789 million in March month-on-month and reached PLN 165.9 billion, the Poland's Central Bank announced.

- Warsaw Business Journal - PL

Advent buyback offer a success

Equity fund Advent International and Integer CEO Rafał Brzoska bought at least 60 percent of the Integer free float shares, making the tender offer valid.

- Warsaw Business Journal - PL

Altus files motion to UOKiK on BPH TFI takeover

Altus Agent Transferowy has filed a motion to the antitrust watchdog UOKiK regarding the takeover of the BPH TFI investment fund, which approval is necessary to complete the transaction.

- Warsaw Business Journal - PL

PM, president approval on the rise

According to TNS Kantar poll, the approval ratings of the government, PM Beata Szydło, and President Andrzej Duda, have gone up in April. As many as 49 percent of the respondents approve President Andrzej Duda politics, while 42 percent disapprove. In March the figures stood at 44 and 45 percent res...

- Warsaw Business Journal - PL

'This one picture shows our strength'

A picture found in the Arutz Sheva archives shows fallen soldier Captain Tzvika Kaplan on an army delegation to Poland - and tells a story.

- Arutz Sheva - IL

Polish films festival opens in Baku

The Polish Film Festival WISLA 2017 has opened in Landmark Cinema, Baku.

- AzerNews - AZ

5 tips to decorate your home like a rich person, when your bank account is anything but

HomepolishLuxury and richness come at varying price points, and creating a space that feels and looks expensive doesn't always have to be costly. "Sometimes when working with a limited budget, it's easy to say 'let's play it safe," Homepolish designer Ariel Farmer told Business Insider. "More often than not this route leads ...

- Business Insider - US

Thousands Visit Auschwitz for Yearly Holocaust Memorial Event

Thousands of people from around the world, many of them young Israelis, paid homage Monday to the millions who perished in the Holocaust at the former Nazi German death camp of Auschwitz. The event, the March of the Living, is a somber memorial march of about three kilometers from the original Auschwitz camp to Birkenau, a ...

- Voice of America - US

Thousands at Auschwitz for yearly Holocaust memorial event

WARSAW, Poland — Thousands of people from around the world, many of them young Israelis, paid homage Monday to the millions who perished in...

- Townhall.com - US

Thousands at Auschwitz for yearly Holocaust memorial event

WARSAW, Poland " Thousands of people from around the world, many of them young Israelis, have gathered at the former Nazi German death camp of Auschwitz to pay homage to the millions who perished in the Holocaust.Many carried...

- The New Zealand Herald - NZ

Poland and Industry 4.0 in the spotlight of Hanover industry fair

German chancellor Angela Merkel has opened the world's biggest industrial fair. Poland is the partner nation of the fair that also seeks to allay fears from technological advances associated with Industry 4.0.

- Deutsche Welle - DE

Young man grievously hurt in St Paul's Bay crash

A youth was grievously injured in the early hours of the morning when he crashed his car into a St Paul's Bay house, police said.  The 21-year-old victim, who is Polish but lives in San Ġwann, lost control of the Citroen Xsara he was driving while on Triq il-Knisja. Police were called to the scene at 12.30am, with ...

- timesofmalta.com - MT

Israel commemorates the six million victims of the Nazi Holocaust

April 24, 2017, 7:57 AM Across the country, Israelis pause for two minutes silence at 10 a.m. Monday in memory of the six million Jews who perished in the Nazi Holocaust. In the Knesset, members read out victims’ names. In Poland, IDF Chief of Staff Lt. Gen. Gady Eisenkott leads the March of Life at the Auschwitz ...

- DEBKAFile - IL

Poland to boost its defense spending to 2.2% GDP in 2020, 2.5% by 2030

According to the draft bill submitted to the Polish parliament by the ministry of defense, Poland's military spending will reach 2.2 percent of GDP in 2020 and2.5 percent by 2030. “As a result of the current geopolitical situation, Polish Army is working to increase its defense capability, whi...

- Warsaw Business Journal - PL

Acclaimed sculptor Abakanowicz passes away

Magdalena Abakanowicz, famous for her brooding forms sculptor passed away at age 86. She died after a long illness, her husband, Jan Kosmowski, said.

- Warsaw Business Journal - PL

US Ambassador on Smoleńsk: 'We gave everything we had'

US ambassador to Poland Paul W. Jones said that the US already handed all the information it had regarding the Smoleńsk plane catastrophe. “The United States did everything we can to provide assistance and information, which was fairly limited. But we contributed to the original investigation and we...

- Warsaw Business Journal - PL

Head of Smoleńsk commission resigns after Caracal controversy

The head of the Smoleńsk commission Wacław Berczyński resigned from his post, after he gave an interview in which he boasted about his involvement in canceling the helicopter tender in which Airbus Caracal machines were chosen.

- Warsaw Business Journal - PL

PM Szydło opens Hannover Messe

PM Beata Szydło, as an honorary guest of the Hannover Messe industrial fair, welcomed the guest and promoted Polish entrepreneurship. “ We would like to show you Poland, as a country which actively builds its competitive edge with help of new technologies. A young, brave Poland. Poland which is chan...

- Warsaw Business Journal - PL

Wages can differ by 30% depending on language proficiency - report

According to the study compiled by Sedlak & Sedlak HR consultancy, the average wage in Poland depends on which foreign language the employee knows and what level of proficiency they have. Workers with excellent English language skills can earn up to 30 percent more than the ones with intermediat...

- Warsaw Business Journal - PL

Fuel prices continue to rise

Average fuel prices increased by PLN 0.05, while diesel prices went up by PLN 0.04 last week, according to BM Reflex, a fuel branch consultancy company. Only LPG prices declined by PLN 0.01.

- Warsaw Business Journal - PL

'Only a strong and powerful IDF can prevent a second Holocaust'

IDF Chief of Staff leads delegation in March of the Living commemoration in Poland, says survivors an inspiration, helped build Israel.

- Arutz Sheva - IL

The Heart Warsaw launches HealthTech program

The Heart Warsaw, a startup ecosystem located on the 38th floor of the Warsaw Spire  office scheme in Warsaw, has launched a HealthTech Program to connect ready-to-scale tech companies with the largest corporations. In its first year, the program will focus on Telemedicine, Healthcare Analytics and ...

- Warsaw Business Journal - PL

Office pipeline in Wrocław to remain strong - Savills

As much as 139,100 sqm of new office space was delivered to the Wrocław market in 2016. The result is 57 percent above the 2015 level and more than double to amount seen in 2014. The largest project completed last year was the first phase of Business Garden Wrocław , according to a recen...

- Warsaw Business Journal - PL

Play mulling IPO

Telecom operator P4, which owns Play, said that it considers IPO plans in a statement send to the Luxembourg Stock Exchange. “After 10 years of developing Play into a leading Polish mobile operator, the shareholders and management of Play are reviewing the best options to set the company up for its ...

- Warsaw Business Journal - PL

Factoring firms with 21% PLN 41.4 bln turnover in Q1

Polish factoring firms enjoyed a 21 percent increase of turnover to PLN 41.1 billion in Q1, factoring lobby PZF announced. “The Polish factoring market has been increasingly growing for eight years now. Our strength is our efficiency in solving disputes, which in turn increases companies financial l...

- Warsaw Business Journal - PL

Morawiecki: Q1 GDP slightly below 4%

According to Deputy PM, Mateusz Morawiecki, Polish GDP for Q1 should easily exceed projected 3.5 percent and be slightly below 4 percent threshold. “I think we're moving in the right direction, all economic indicators are better than we've expected,” Morawiecki said in an interview with ...

- Warsaw Business Journal - PL

S&P affirms Poland's rating

Rating agency Standard & Poor's affirmed Poland's BBB+/A-2 with a stable outlook. According to S&P Poland has a positive outlook when it comes to its flexible exchange rate regime and NBP's independent and credible monetary policy, which offsets the risks arising from gover...

- Warsaw Business Journal - PL

GUS revises 2016 GDP to 2.7%

Poland's Central Statistical Office GUS revised its 2016 GDP results to 2.7 percent from the previous 2.8 percent result. In Q4 2016, GDP growth amounted to 2.5 percent, down from the previous 2.7 percent figure. Then revision comes from the further data from the government and local governmen...

- Warsaw Business Journal - PL

'Liberman abusing Eli yeshiva'

Jewish Home officials say Defense Minister seeking to harm yeshiva where rabbi made controversial statements while Bennett is in Poland.

- Arutz Sheva - IL

7-nation deal to increase rail freight

RAILWAY authorities of China, Belarus, Germany, Kazakhstan, Mongolia, Poland and Russia have signed an agreement to deepen cooperation on China-Europe freight rail services, according to China Railway Corp. The agreement serves the Belt and Road initiative, expands the market share of rail freight between Asia and Europe ...

- Shanghai Daily - CN