Business

Warsaw’s Legia won Poland’s top league Ekstraklasa football championship, winning with Lech Poznań in the championship final round. The Warsaw team was winning 2:0, when Lech fans started firing flares and smoke rounds and demolishing the stadium in the game’s 77th minute, costing their team any chances of winning. Jagiellonia [...]
Mon, May 21, 2018 12:38:00 AM, Continue reading at the source
Katarzyna Iwuć has tendered her resignation as CEO of telecom Netia, the company stated. Wojciech Pytla, a member of the company’s supervisory board has become an acting CEO for up to three months. Iwuć did not give a reason for her resignation. CTO of Netia, Stefan Radzymiński also handed in [...]
Mon, May 21, 2018 12:36:00 AM, Continue reading at the source
The support for ruling Law and Justice (PiS) decreased to 40 percent in May from 46 percent in April, while support for main opposition party Civic Platform (PO) increased from 16 percent to 19 percent, according to the recent poll by CBOS. Kukiz’15 also recorded a surge in support, from [...]
Mon, May 21, 2018 12:15:00 AM, Continue reading at the source
Energy systems producer APS Energia had a backlog of PLN 43.5 million at the end of Q1, the company stated in a press briefing. The company recorded revenue of PLN 29.5 million in he first quarter (a 59 percent increase y/y), while EBIT grew to PLN 4.4 million (from negative [...]
Mon, May 21, 2018 12:04:00 AM, Continue reading at the source
The EU budget in relation to GDP is similar to the previous EU financial perspective, however, we have calculated that the allocation of cohesion funds may be 10 percent lower and the sums of agricultural funds for Poland could decrease by 15 percent, said Investment and Development Minister Jerzy Kwieciński. [...]
Mon, May 21, 2018 12:00:00 AM, Continue reading at the source
The sewage treatment plant in Ołowianka is working on cleaning up the Motława River, Gdańsk after the breakdown of the station’s engines forced it to dump waste into the river and into the Gdańsk bay last Tuesday. On Thursday a new engine was brought from the Netherlands and installed to [...]
Sun, May 20, 2018 11:31:00 PM, Continue reading at the source
Poland took 24th place out of 28 member states in the European Union’s digital economy and digital society ranking published by the European Commission. The digital divide between leaders and those lagging behind is closing very slowly. The index measures the progress of member countries towards society and the digital economy. [...]
Sun, May 20, 2018 11:04:00 PM, Continue reading at the source
Clothes producer Próchnik filed with the District Court in Łódź for the bankruptcy of the company – Próchnik informed in a statement. At the same time, the Management Board requests that the application be withheld until the court issues final ruling regarding the company’s earlier restructuring application. The main guidelines [...]
Sun, May 20, 2018 11:01:00 PM, Continue reading at the source
Esotiq & Henderson reported April sales at about PLN 13 million. April revenue grew by 3 percent year-on-year, according to the company statement. January-April sales amounted to approx. PLN 46.5 million and were at the same level as in the corresponding period of the previous year. The retail space of [...]
Sun, May 20, 2018 10:58:00 PM, Continue reading at the source
Warsaw Stock Exchange-listed developer Echo Investment has revealed it will spend PLN 38 million on the construction of new and modernization of existing roads around its ongoing Galeria Libero shopping center project in Katowice. The company will finish building the infrastructure till the end of August. The Galeria Libero scheme [...]
Sun, May 20, 2018 7:23:00 PM, Continue reading at the source