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INPOST BOASTS 93% Q1 REVENUE GROWTH, POWERED BY E-COMMERCE GDANSK, May 19 (Reuters) – Polish parcel locker company InPost INPST.AS raised its 2021 outlook on Wednesday on expectations that the strong growth in e-commerce that boosted its revenue by 93% in the first quarter will not fade. InPost, which debuted on Euronext ENX.PA in Amsterdam in January, has benefited from a boom in online sales dueto
SWISS LKQ TO HIRE 250 FOR NEW SERVICES CENTER IN KATOWICE Swiss LKQ to hire 250 for new services center in Katowice. The new Innovation and Service Center in Katowice will drive forward LKQ´s digital agenda to prepare for the Aftermarket of the future. LKQ Europe, based in Zug, Switzerland, is opening a new Innovation and Service Center in Katowice in mid-2021. The new center in Poland willact as a
LEGAL ALERT: POLAND IMPLEMENTS COMPREHENSIVE CYBERSECURITY Legal alert: Poland implements comprehensive cybersecurity legislation. The number and severity of cyberattacks are on the rise, and companies simply cannot rely on their governments to protect them. In fact, quite the opposite is true. Governments are increasingly requiring corporations to defend themselves and, by extension, thestate as a whole.
CORNING TO BUILD OPTICAL FIBER PLANT IN MSZCZONÓW Optical materials giant Corning has announced plans to build a state-of-the-art optical fiber manufacturing facility in Mszczonów, Poland. The new facility, which will be one of the largest optical fiber manufacturing plants in the European Union, is expected to openin
FUJITSU POLAND OPENS A NEW OFFICE SPACE IN KATOWICE Fujitsu Poland announced that Fujitsu Global Delivery Center (GDC) Poland opens a new office space in the KTW I building in Katowice, which is one of the most unique and prestigious office projects in the Silesia region in Poland, in July with the intention to hire 200 specialists for various IT roles. U.S. SPECIAL OPS TO BUY POLISH SPECIAL-BUILT AIRCRAFT The M28 Skytruck turboprop manufactured in Poland was among the aircraft offered to the US special forces – the information was officially confirmed by the Lockheed Martin corporation, which ownsPZL Mielec.
POLAND POISED FOR STRONG POST-PANDEMIC INVESTMENT RECOVERY Last year saw only a temporary slowdown in foreign investments. South Korea and the United States were the leaders in FDI to Poland in 2020. And the largest number of projects were focused on business services (44), electromobility (18), the automotive industry and R&D (15 each). DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis-Ost 1 offshore wind farm in the German Baltic Sea. POLAND PUSHES BACK OVER COST OF EU’S CLIMATE TARGETS The EU’s richer and poorer member states have clashed over how to distribute the burden of ambitious emissions targets over the next decade, increasing tensions over THE LARGEST POWER PLANT IN POLAND IS NOT OPERATING. THE The largest power plant in Poland is practically inoperative. As a result of the failure in Bełchatów, almost all units were shut down. The situation was saved by energy imports, mainly from Germany andSweden.
INPOST BOASTS 93% Q1 REVENUE GROWTH, POWERED BY E-COMMERCE GDANSK, May 19 (Reuters) – Polish parcel locker company InPost INPST.AS raised its 2021 outlook on Wednesday on expectations that the strong growth in e-commerce that boosted its revenue by 93% in the first quarter will not fade. InPost, which debuted on Euronext ENX.PA in Amsterdam in January, has benefited from a boom in online sales dueto
SWISS LKQ TO HIRE 250 FOR NEW SERVICES CENTER IN KATOWICE Swiss LKQ to hire 250 for new services center in Katowice. The new Innovation and Service Center in Katowice will drive forward LKQ´s digital agenda to prepare for the Aftermarket of the future. LKQ Europe, based in Zug, Switzerland, is opening a new Innovation and Service Center in Katowice in mid-2021. The new center in Poland willact as a
LEGAL ALERT: POLAND IMPLEMENTS COMPREHENSIVE CYBERSECURITY Legal alert: Poland implements comprehensive cybersecurity legislation. The number and severity of cyberattacks are on the rise, and companies simply cannot rely on their governments to protect them. In fact, quite the opposite is true. Governments are increasingly requiring corporations to defend themselves and, by extension, thestate as a whole.
CORNING TO BUILD OPTICAL FIBER PLANT IN MSZCZONÓW Optical materials giant Corning has announced plans to build a state-of-the-art optical fiber manufacturing facility in Mszczonów, Poland. The new facility, which will be one of the largest optical fiber manufacturing plants in the European Union, is expected to openin
FUJITSU POLAND OPENS A NEW OFFICE SPACE IN KATOWICE Fujitsu Poland announced that Fujitsu Global Delivery Center (GDC) Poland opens a new office space in the KTW I building in Katowice, which is one of the most unique and prestigious office projects in the Silesia region in Poland, in July with the intention to hire 200 specialists for various IT roles. U.S. SPECIAL OPS TO BUY POLISH SPECIAL-BUILT AIRCRAFT The M28 Skytruck turboprop manufactured in Poland was among the aircraft offered to the US special forces – the information was officially confirmed by the Lockheed Martin corporation, which ownsPZL Mielec.
UP TO PLN 1 MILLION IN SUBSIDIES FOR ECONOMIC ACTIVITY Each of the 12 ideas selected in the next competition received up to PLN 1 million for the implementation of their business idea and theintroduction of
PRAIRIE MINING FILES CLAIM FOR COMPENSATION AGAINST POLAND London-listed shares in Prairie Mining Ltd. rose Wednesday after the company said it has filed a claim for compensation against Poland with the tribunal in the Australia-Poland Bilateral Investment Treatyarbitration.
GLOBAL UPSIDE OPENS NEW OFFICE IN POLAND AND ANNOUNCES SAN JOSE, Calif.–(BUSINESS WIRE)–Global Upside – the leading provider of incorporation, global PEO/EOR, accounting, HR, payroll and compliance services in 170+ countries – has announced a new office opening in Warsaw, Poland alongside plans to establish new offices in POLAND CONTINUES TO DRAW EU, NATO IRE OVER TURKISH DRONE At a joint summit at the end of May in Ankara, Polish and Turkish defense ministers signed a $270 million (€235 million) deal thatwill see Warsaw buy
SEMCO MARITIME TO OPEN OFFICE IN POLAND Semco Maritime has announced plans to establish a new office in Gdynia with 15-20 specialised employees before end of 2021. The Polish organisation will be an integrated part of the Group’s international project teams and aims to support the growth within renewable energy projects internationally and in Poland. POLISH PRAM PRODUCER BUYS GERMAN COMPETITOR; EYES US 36-year-old Leszek Krysieniel is on a roll. Created only ten years ago, now their Kinderkraft prams are sold globally. T4Kraft has just announced its takeover of German brand Kiddy, which has been producing child seats for the premium segment for 50 years. 3 NEW COMPANIES FROM WARSAW ON PUBLIC WARNINGS LIST More entities entered the list of public warnings of the Polish Financial Supervision Authority – three companies from Warsaw and five natural persons – the EUROPEAN CARBON DUTY PROJECT TO BOOST PUNITIVE TAXES ON The European Union intends to impose a carbon tax on imports, including steel and electricity results from a draft European carbon duty document. The aim of the new EU levy is to make it AMMEGA GROUP TO OPEN NEW GBS IN KATOWICE FOR F&A, IT, HR The Ammega Group is building its first Global Business Services Centre in Katowice with the aim of offering an extended scope of support to its affiliates through global end-to-end processes. This DATA WAREHOUSE. NEW DATABASE OF INFORMATION ABOUT Entrepreneurs can already use the so-called CEIDG and Biznes.gov.pl data warehouses, i.e. an improved version of the set of information about companies registered in the Central Register and Information on Economic Activity – reminds the Ministry of POLAND POISED FOR STRONG POST-PANDEMIC INVESTMENT RECOVERY Last year saw only a temporary slowdown in foreign investments. South Korea and the United States were the leaders in FDI to Poland in 2020. And the largest number of projects were focused on business services (44), electromobility (18), the automotive industry and R&D (15 each). DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis-Ost 1 offshore wind farm in the German Baltic Sea. “PRIDE OF POLAND” ARABIAN HORSE AUCTION The National Arabian Horse Show and the “Pride of Poland” Horse Auction will be held in mid-August in Janów Podlaski. The organizers hope that the restrictions will be eased soon and that the public will also be able to participate in the event. The president of the Polish Horse Racing Club, Tomasz Chalimoniuk, presented today the first POLAND PUSHES BACK OVER COST OF EU’S CLIMATE TARGETS The EU’s richer and poorer member states have clashed over how to distribute the burden of ambitious emissions targets over the next decade, increasing tensions over THE LARGEST POWER PLANT IN POLAND IS NOT OPERATING. THE The largest power plant in Poland is practically inoperative. As a result of the failure in Bełchatów, almost all units were shut down. The situation was saved by energy imports, mainly from Germany andSweden.
INPOST BOASTS 93% Q1 REVENUE GROWTH, POWERED BY E-COMMERCE GDANSK, May 19 (Reuters) – Polish parcel locker company InPost INPST.AS raised its 2021 outlook on Wednesday on expectations that the strong growth in e-commerce that boosted its revenue by 93% in the first quarter will not fade. InPost, which debuted on Euronext ENX.PA in Amsterdam in January, has benefited from a boom in online sales dueto
SWISS LKQ TO HIRE 250 FOR NEW SERVICES CENTER IN KATOWICE Swiss LKQ to hire 250 for new services center in Katowice. The new Innovation and Service Center in Katowice will drive forward LKQ´s digital agenda to prepare for the Aftermarket of the future. LKQ Europe, based in Zug, Switzerland, is opening a new Innovation and Service Center in Katowice in mid-2021. The new center in Poland willact as a
CORNING TO BUILD OPTICAL FIBER PLANT IN MSZCZONÓW Optical materials giant Corning has announced plans to build a state-of-the-art optical fiber manufacturing facility in Mszczonów, Poland. The new facility, which will be one of the largest optical fiber manufacturing plants in the European Union, is expected to openin
LEGAL ALERT: POLAND IMPLEMENTS COMPREHENSIVE CYBERSECURITY Legal alert: Poland implements comprehensive cybersecurity legislation. The number and severity of cyberattacks are on the rise, and companies simply cannot rely on their governments to protect them. In fact, quite the opposite is true. Governments are increasingly requiring corporations to defend themselves and, by extension, thestate as a whole.
CHINESE TUOPU OPENS IN POZNAŃ, WILL EMPLOY 450 IN ELECTRIC The total expenditure on the investment will reach EUR 30 million. The investor plans to employ 450 people in the plant in Poznań. The Toupu company cooperates with world leaders in the automotive industry, incl. Audi, BMW, Fiat-Chrysler, GM, Geely, Ford, Mercedes-Benz, Porsche and Volkswagen. The Poznań plant will produce subframes for POLAND POISED FOR STRONG POST-PANDEMIC INVESTMENT RECOVERY Last year saw only a temporary slowdown in foreign investments. South Korea and the United States were the leaders in FDI to Poland in 2020. And the largest number of projects were focused on business services (44), electromobility (18), the automotive industry and R&D (15 each). DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis-Ost 1 offshore wind farm in the German Baltic Sea. “PRIDE OF POLAND” ARABIAN HORSE AUCTION The National Arabian Horse Show and the “Pride of Poland” Horse Auction will be held in mid-August in Janów Podlaski. The organizers hope that the restrictions will be eased soon and that the public will also be able to participate in the event. The president of the Polish Horse Racing Club, Tomasz Chalimoniuk, presented today the first POLAND PUSHES BACK OVER COST OF EU’S CLIMATE TARGETS The EU’s richer and poorer member states have clashed over how to distribute the burden of ambitious emissions targets over the next decade, increasing tensions over THE LARGEST POWER PLANT IN POLAND IS NOT OPERATING. THE The largest power plant in Poland is practically inoperative. As a result of the failure in Bełchatów, almost all units were shut down. The situation was saved by energy imports, mainly from Germany andSweden.
INPOST BOASTS 93% Q1 REVENUE GROWTH, POWERED BY E-COMMERCE GDANSK, May 19 (Reuters) – Polish parcel locker company InPost INPST.AS raised its 2021 outlook on Wednesday on expectations that the strong growth in e-commerce that boosted its revenue by 93% in the first quarter will not fade. InPost, which debuted on Euronext ENX.PA in Amsterdam in January, has benefited from a boom in online sales dueto
SWISS LKQ TO HIRE 250 FOR NEW SERVICES CENTER IN KATOWICE Swiss LKQ to hire 250 for new services center in Katowice. The new Innovation and Service Center in Katowice will drive forward LKQ´s digital agenda to prepare for the Aftermarket of the future. LKQ Europe, based in Zug, Switzerland, is opening a new Innovation and Service Center in Katowice in mid-2021. The new center in Poland willact as a
CORNING TO BUILD OPTICAL FIBER PLANT IN MSZCZONÓW Optical materials giant Corning has announced plans to build a state-of-the-art optical fiber manufacturing facility in Mszczonów, Poland. The new facility, which will be one of the largest optical fiber manufacturing plants in the European Union, is expected to openin
LEGAL ALERT: POLAND IMPLEMENTS COMPREHENSIVE CYBERSECURITY Legal alert: Poland implements comprehensive cybersecurity legislation. The number and severity of cyberattacks are on the rise, and companies simply cannot rely on their governments to protect them. In fact, quite the opposite is true. Governments are increasingly requiring corporations to defend themselves and, by extension, thestate as a whole.
CHINESE TUOPU OPENS IN POZNAŃ, WILL EMPLOY 450 IN ELECTRIC The total expenditure on the investment will reach EUR 30 million. The investor plans to employ 450 people in the plant in Poznań. The Toupu company cooperates with world leaders in the automotive industry, incl. Audi, BMW, Fiat-Chrysler, GM, Geely, Ford, Mercedes-Benz, Porsche and Volkswagen. The Poznań plant will produce subframes for POLAND’S “NEW DEAL”: 58 BILLION EURO OF EU FUNDS TO The Polish government will boost spending on health care and housing as part of its sweeping stimulus plan — financed mainly from European Union funds — in an attempt to rejuvenate the economy and win back popularity. PRAIRIE MINING FILES CLAIM FOR COMPENSATION AGAINST POLAND London-listed shares in Prairie Mining Ltd. rose Wednesday after the company said it has filed a claim for compensation against Poland with the tribunal in the Australia-Poland Bilateral Investment Treatyarbitration.
WOLVES SUMMIT ANNOUNCES UIPATH AS ECOSYSTEM PARTNER, ITS LONDON, England & WARSAW, Poland–(BUSINESS WIRE)–Wolves Summit today announced UiPath, a leading enterprise automation software company, as an ecosystem partner at Wolves Summit on October19th-21st.
UP TO PLN 1 MILLION IN SUBSIDIES FOR ECONOMIC ACTIVITY Each of the 12 ideas selected in the next competition received up to PLN 1 million for the implementation of their business idea and theintroduction of
POLAND CONTINUES TO DRAW EU, NATO IRE OVER TURKISH DRONE Poland continues to draw EU, NATO ire over Turkish drone purchases. At a joint summit at the end of May in Ankara, Polish and Turkish defense ministers signed a $270 million (€235 million) deal that will see Warsaw buy Turkish-made unmanned aerial vehicles (UAVs), for both reconnaissance and assault purposes. RAFAKO IN RESTRUCTURING, IN SEARCH OF INVESTOR Restructuring proceedings have been underway at Rafako, the largest producer of power boilers in Europe, since September 2020. As part of this, the company has carried out a collective redundancy in recent months, laying off 360. GOVERNMENT BOOSTS ONSHORE WIND FARMS WITH NEW REGULATIONS Poland has the lowest share of RES in its energy mix in the EU and the highest wholesale energy prices in the EU. – Maintaining the current mix in the long-term would entail a further, significant increase in energy prices – indicates the Ministry of Development, Labor and Technology in the justification to the amendment of the so-called the distance act, consultation of which has just ended. SEMCO MARITIME TO OPEN OFFICE IN POLAND Semco Maritime has announced plans to establish a new office in Gdynia with 15-20 specialised employees before end of 2021. The Polish organisation will be an integrated part of the Group’s international project teams and aims to support the growth within renewable energy projects internationally and in Poland. DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis-Ost 1 offshore wind farm in the German Baltic Sea. NEW ETF GIVES EXPOSURE TO POLAND’S TECH SECTOR. The new ETF is the index WIGtechTR which covers the biggest technology stocks listed on the Warsaw Stock Exchange. The Beta ETF WIGtechTR Polski Fundusz Inwestycyjny Zamknięty has been newly listed on the GPW Main Market today. POLAND POISED FOR STRONG POST-PANDEMIC INVESTMENT RECOVERY Last year saw only a temporary slowdown in foreign investments. South Korea and the United States were the leaders in FDI to Poland in 2020. And the largest number of projects were focused on business services (44), electromobility (18), the automotive industry and R&D (15 each). DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis ost 1 offshore wind farm in the German Baltic Sea. THE LARGEST POWER PLANT IN POLAND IS NOT OPERATING. THE The largest power plant in Poland is practically inoperative. As a result of the failure in Bełchatów, almost all units were shut down. The situation was saved by energy imports, mainly from Germany andSweden.
INPOST BOASTS 93% Q1 REVENUE GROWTH, POWERED BY E-COMMERCE GDANSK, May 19 (Reuters) – Polish parcel locker company InPost INPST.AS raised its 2021 outlook on Wednesday on expectations that the strong growth in e-commerce that boosted its revenue by 93% in the first quarter will not fade. InPost, which debuted on Euronext ENX.PA in Amsterdam in January, has benefited from a boom in online sales dueto
SWISS LKQ TO HIRE 250 FOR NEW SERVICES CENTER IN KATOWICE The new Innovation and Service Center in Katowice will drive forward LKQ´s digital agenda to prepare for the Aftermarket of the future. LKQ Europe, based in Zug, Switzerland, is opening a new Innovation and Service Center in Katowice in mid-2021. FOOTBALLER LEWANDOWSKI TEAMS UP WITH GESSLER TO OPEN HUGE It will be a sports bar in Warsaw’s breweries. It is a place that was invented by Jacek Trybuchowski (a former board member of AmRest). The footballer has long been looking not only at the growing account, but invests in order to calmly multiply his fortune after the end ofhis career.
LEGAL ALERT: POLAND IMPLEMENTS COMPREHENSIVE CYBERSECURITY Legal alert: Poland implements comprehensive cybersecurity legislation. The number and severity of cyberattacks are on the rise, and companies simply cannot rely on their governments to protect them. In fact, quite the opposite is true. Governments are increasingly requiring corporations to defend themselves and, by extension, thestate as a whole.
CORNING TO BUILD OPTICAL FIBER PLANT IN MSZCZONÓW Optical materials giant Corning has announced plans to build a state-of-the-art optical fiber manufacturing facility in Mszczonów, Poland. The new facility, which will be one of the largest optical fiber manufacturing plants in the European Union, is expected to openin
CHINESE TUOPU OPENS IN POZNAŃ, WILL EMPLOY 450 IN ELECTRIC A Chinese investor opens a production plant in Poznań; The new Tuopu factory will manufacture components for electric cars. The total expenditure on the investment will reach EUR 30 million. The in FUJITSU POLAND OPENS A NEW OFFICE SPACE IN KATOWICE Fujitsu Poland announced that Fujitsu Global Delivery Center (GDC) Poland opens a new office space in the KTW I building in Katowice, which is one of the most unique and prestigious office projects in the Silesia region in Poland, in July with the intention to hire 200 specialists for various IT roles. POLAND POISED FOR STRONG POST-PANDEMIC INVESTMENT RECOVERY Last year saw only a temporary slowdown in foreign investments. South Korea and the United States were the leaders in FDI to Poland in 2020. And the largest number of projects were focused on business services (44), electromobility (18), the automotive industry and R&D (15 each). DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis ost 1 offshore wind farm in the German Baltic Sea. THE LARGEST POWER PLANT IN POLAND IS NOT OPERATING. THE The largest power plant in Poland is practically inoperative. As a result of the failure in Bełchatów, almost all units were shut down. The situation was saved by energy imports, mainly from Germany andSweden.
INPOST BOASTS 93% Q1 REVENUE GROWTH, POWERED BY E-COMMERCE GDANSK, May 19 (Reuters) – Polish parcel locker company InPost INPST.AS raised its 2021 outlook on Wednesday on expectations that the strong growth in e-commerce that boosted its revenue by 93% in the first quarter will not fade. InPost, which debuted on Euronext ENX.PA in Amsterdam in January, has benefited from a boom in online sales dueto
SWISS LKQ TO HIRE 250 FOR NEW SERVICES CENTER IN KATOWICE The new Innovation and Service Center in Katowice will drive forward LKQ´s digital agenda to prepare for the Aftermarket of the future. LKQ Europe, based in Zug, Switzerland, is opening a new Innovation and Service Center in Katowice in mid-2021. FOOTBALLER LEWANDOWSKI TEAMS UP WITH GESSLER TO OPEN HUGE It will be a sports bar in Warsaw’s breweries. It is a place that was invented by Jacek Trybuchowski (a former board member of AmRest). The footballer has long been looking not only at the growing account, but invests in order to calmly multiply his fortune after the end ofhis career.
LEGAL ALERT: POLAND IMPLEMENTS COMPREHENSIVE CYBERSECURITY Legal alert: Poland implements comprehensive cybersecurity legislation. The number and severity of cyberattacks are on the rise, and companies simply cannot rely on their governments to protect them. In fact, quite the opposite is true. Governments are increasingly requiring corporations to defend themselves and, by extension, thestate as a whole.
CORNING TO BUILD OPTICAL FIBER PLANT IN MSZCZONÓW Optical materials giant Corning has announced plans to build a state-of-the-art optical fiber manufacturing facility in Mszczonów, Poland. The new facility, which will be one of the largest optical fiber manufacturing plants in the European Union, is expected to openin
CHINESE TUOPU OPENS IN POZNAŃ, WILL EMPLOY 450 IN ELECTRIC A Chinese investor opens a production plant in Poznań; The new Tuopu factory will manufacture components for electric cars. The total expenditure on the investment will reach EUR 30 million. The in FUJITSU POLAND OPENS A NEW OFFICE SPACE IN KATOWICE Fujitsu Poland announced that Fujitsu Global Delivery Center (GDC) Poland opens a new office space in the KTW I building in Katowice, which is one of the most unique and prestigious office projects in the Silesia region in Poland, in July with the intention to hire 200 specialists for various IT roles. NEW VIS FROM “ŁUCZNIK” CONQUER THE CIVIL MARKET During the last 9 months, from August 2020 to the end of May this year, 1000 VIS 100 M1 pistols have found buyers on the civil market. Designed and produced by POLAND POISED FOR STRONG POST-PANDEMIC INVESTMENT RECOVERY Last year saw only a temporary slowdown in foreign investments. South Korea and the United States were the leaders in FDI to Poland in 2020. And the largest number of projects were focused on business services (44), electromobility (18), the automotive industry and R&D (15 each). CONTACT | BIZNES POLSKA BiznesPolska.pl is Poland’s leading English-language business website, with focus on foreign investors/English-language speaking business people living in, or working with, Poland. Biznespolska.pl’s audience is international, wealthy, and intelligent – they make key buying decisions both for their companies’ budget and their own RAFAKO IN RESTRUCTURING, IN SEARCH OF INVESTOR Restructuring proceedings have been underway at Rafako, the largest producer of power boilers in Europe, since September 2020. As part of this, the company has carried out a collective redundancy in recent months, laying off 360. POLAND CONTINUES TO DRAW EU, NATO IRE OVER TURKISH DRONE At a joint summit at the end of May in Ankara, Polish and Turkish defense ministers signed a $270 million (€235 million) deal thatwill see Warsaw buy
UP TO PLN 1 MILLION IN SUBSIDIES FOR ECONOMIC ACTIVITY Each of the 12 ideas selected in the next competition received up to PLN 1 million for the implementation of their business idea and theintroduction of
SEMCO MARITIME TO OPEN OFFICE IN POLAND Semco Maritime has announced plans to establish a new office in Gdynia with 15-20 specialised employees before end of 2021. The Polish organisation will be an integrated part of the Group’s international project teams and aims to support the growth within renewable energy projects internationally and in Poland. NORWAY’S EQUINOR BOOKS CAPACITY AT LITHUANIAN LNG TERMINAL VILNIUS, June 7 (Reuters) – Norwegian oil and gas company Equinor EQNR.OL booked capacity for the first time to import liquefied naturalgas (LNG) to
DATA WAREHOUSE. NEW DATABASE OF INFORMATION ABOUT Entrepreneurs can already use the so-called CEIDG and Biznes.gov.pl data warehouses, i.e. an improved version of the set of information about companies registered in the Central Register and Information on Economic Activity – reminds the Ministry of FOOTBALLER LEWANDOWSKI TEAMS UP WITH GESSLER TO OPEN HUGE It will be a sports bar in Warsaw’s breweries. It is a place that was invented by Jacek Trybuchowski (a former board member of AmRest). The footballer has long been looking not only at the growing account, but invests in order to calmly multiply his fortune after the end ofhis career.
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02.06.2021
ALABAMA ARMY NATIONAL GUARD BATTALION DEPLOYING TO POLAND From June 1st, 70 soldiers from the Alabama Army National Guard’s 731st CSS Battalion will take on a new duty deploying to Poland. Theywill…
04.06.2021
EKO-OKNA TO OPEN NEW FACTORY IN WODZISŁAW ŚLĄSKI, WILL HIRE 2,000PEOPLE
The factory of medical devices used in dentistry and orthodontics will take up 40,000 sq m and 2,500 jobs. Panattoni will build the 40,000sqm…
04.06.2021
DEME PLACES ORDER FOR ARCADIS OST 1 HARDWARE IN POLAND DEME Offshore has signed a contract with Poland’s Energomontaż-Północ Gdynia (EPG) for the fabrication and delivery of equipped secondary steel structures for the Arcadis-Ost 1…04.06.2021
SPAIN TEAMS UP WITH POLAND FOR A MEGA TRANSPORT HUB PROJECT NEARWARSAW
Poland’s ambition is to start the construction of the CPK Central Airport facility in 2023 and to complete it in 2027 with an expectedinitial…
04.06.2021
INVESTMENTS CLEARED FOR 700-MW INTERCONNECTOR BETWEEN POLAND,LITHUANIA
Polish transmission system operator (TSO) PSE SA and Lithuania’s Litgrid have approved investments in a 700-MW interconnector project between Poland and Lithuania. The Harmony Link…04.06.2021
ORANGE POLAND BACKS BLOCKCHAIN OF THINGS FOR SMART CITIES A new partnership between the operator and blockchain tech company SmartKey could see numerous elements of smart city infrastructure controlled by a smartphone. Orange Poland…04.06.2021
HUBERGROUP OPENS NEW PRODUCTION SITE NEAR WROCLAW. Printing ink specialist Hubergroup Print Solutions has opened a new production site in the Wroclaw area to supply customers throughout Europe. The laboratory is dedicated…04.06.2021
EUROPE’S LONGEST MAGRAIL TEST TRACK TO BE CONSTRUCTED IN POLAND The longest passive magnetic levitation test facility in Europe will be built in Poland, with construction to begin this summer. Magrail technology company Nevomo has…04.06.2021
POLAND READY TO HELP UKRAINE BECOME INDEPENDENT OF GAZPROM –AMBASSADOR
Ukraine needs to start real work with Poland and other countries to become independent of Gazprom and avoid “gas blackmail” in the future, Polish Ambassador…04.06.2021
BULGARIA, CROATIA, CZECH, AND POLAND AMONG FIRST STATES TO USE EU COVID-19 CERTIFICATES Four of the seven countries who this week implemented the European Union’s Digital Covid-19 Certificate are from emerging Europe: Bulgaria, Croatia, Czechia, and Poland. Bulgaria,…04.06.2021
CONCERN OVER WILDLIFE HALTS BUILDING OF NORWAY-POLAND GAS LINK Concern over the impact on protected mice and bat species has halted construction in Denmark of Baltic Pipe, a pipeline connecting Poland with Norwegian gas…Our Events
29.04.2021
AWARDS CEREMONY AT CEE BUSINESS SERVICES SUMMIT & AWARDS, APRIL 2021Our Events
29.04.2021
4TH ANNUAL BSC CHARITY BEACH VOLLEYBALL TOURNAMENTS – AUGUST 2021 (WARSAW, KRAKOW, GDANSK, WROCLAW)FDI Expansion
13.10.2019
CEE BSC EXECUTIVE ROUNDTABLES – 26 JANUARY 2021Our Events
13.10.2019
CEE X-TECH AWARDS – 21 OCTOBER, WROCLAWNEWS
02.06.2021
ALABAMA ARMY NATIONAL GUARD BATTALION DEPLOYING TO POLAND From June 1st, 70 soldiers from the Alabama Army National Guard’s 731st CSS Battalion will take on a new duty deploying to Poland. Theywill…
02.06.2021
CANADIAN WESTPORT FUEL PAYS 5 MILLION EURO FOR LPG GAS STORAGE FIRM Westport Fuel Systems Inc. has reached an agreement to acquire Stako sp. z o.o., the liquid petroleum gas fuel storage manufacturing subsidiary of Worthington Industries…01.06.2021
MERCATOR MEDICAL BUYING BACK SHARES AFTER HUGE COVID PROFITS Its Management Board said it will purchase 623,800 of its own shares, representing nearly 6% of its share capital. While its stock pricepeaked at…
01.06.2021
POLISH RAPPER RAISES 4.5 MILLION PLN FOR POT IN CROWDFUNDING CAMPAIGN LiRoyal, established by former MP Piotr Liroy-Marzec, plans to build his hemp business and expand to Germany. “Poland is a dormant power.It can be…
01.06.2021
30,000 EURO IN CASH FOR BEST IDEA: STARTUP CONTEST OF INFOSHARE The Startup Contest is part of the largest such CEE competition, organized as part of the Infoshare conference, planned in Gdańsk on October 14-15. EUR…01.06.2021
CLEAN EATING BOOSTS FOOD EXPORTS TO SWEDEN Clean Eating has expanded its portfolio of products exported to Sweden. It includes, among others, pasta, carrot, spinach, noodles, and a series of sugar-free jams….01.06.2021
IGLOTEX: INDUSTRY 4.0 HAS BECOME A PRESENT IN THE FMCG INDUSTRY Food companies invest in the implementation of modern solutions. They see a source of savings due to automation, robotization, digitization of processes – says Mirosława…01.06.2021
EX-HUAWEI EXECUTIVE ON TRIAL IN POLAND OVER SPYING Two men accused of spying for China went on trial on Tuesday in Warsaw: a Chinese citizen who is a former sales director of Huawei…01.06.2021
POWER GRID OPERATORS IN POLAND AND LITHUANIA AGREE SUB-SEA POWER LINK PSE and Lithuanian Litgrid have agreed to build the 700 MW subsea Harmony power link between the two countries.The TSOs expect the 330kmlink to…
01.06.2021
INFLATION SPIKES TO 5%; TRIPS ALARM FOR POLISH POLICY MAKERS The upward march in Polish inflation is fueling concern on the central bank’s interest-rate-setting body that could weaken its longstanding pledge to maintain record-low borrowing…01.06.2021
DIF FUND ACQUIRES 108 MW OF WIND PROJECTS IN POLAND Infrastructure fund manager DIF Capital Partners said it has acquired four construction-ready onshore wind projects totalling 108 MW in Poland from German wind developer Sabowind….01.06.2021
POLAND AND SPAIN SIGN AGREEMENT TO DEVELOP POLISH HIGH-SPEED RAILSYSTEM
The cooperation agreement, signed in Madrid, would primarily help Poland’s high-speed railway system as part of the Solidarity Transport Hub (STH) project. During the 13th…31.05.2021
CLOUD SERVICES COMPETITION IGNITES POLAND “We are on the right track to achieve cloud success. Poland has everything it needs. We have the infrastructure and the first GoogleCloud region…
31.05.2021
INPOST INNOVATION: REFRIGERATED STORAGE LOCKERS MEANS HOTTERCOMPETITION.
There will be 20 refrigerator machines in Wrocław. You will be able to order groceries through special vending machines. Refrigerators are already operating in 50…31.05.2021
TOP 200 POLISH EXPORTERS DISTINGUISHED On May 31, the “Wprost” weekly announced the winners of the “Polish Ambassadors 2021” ranking, ie companies that can boast the highest level of export…31.05.2021
TOP IT COMPANIES ON WARSAW STOCK EXCHANGE GET CLOSER LOOK Technology companies have experienced strong gains in share prices, and analysts are revising valuations upward on strong results. We are already at the end of…31.05.2021
PORTA WILL BUILD A NEW 140 MILLION PLN FACTORY IN NIDZICA The new production plant of Porta KMI Poland, one of the largest door manufacturers in Central and Eastern Europe, will be built in Nidzicain…
31.05.2021
ASTRAZENECA OPENS NEXT OFFICE IN POLAND The new office in Krakow, scheduled to open in July, will focus on developing advanced computer methods for the prevention, diagnosis and treatment of diseases….31.05.2021
CYBERPUNK MAKER REPORTS SLUMP IN QUARTERLY PROFIT AMID PLAYSTATIONDELISTING
CD Projekt SA reported on Monday that its profit fell by more than half in the first quarter from a year earlier as its flagship…31.05.2021
POLISH CENTRAL BANKER SAYS RATE HIKE NEEDED IF INFLATION HITS 3.5% IN2022
If the Polish central bank’s November projection shows consumer price inflation persistently above 3.5% in 2022 and 2023, higher rates will be necessary, Monetary Policy…* 1
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UPCOMING EVENTS
USA - CEE INVESTMENT SUMMIT & AWARDS (HOPIN HYBRID & INPERSON WARSAW) 17TH JUNE 2021, WARSAW BSC CHARITY BEACH VOLLEYBALL TOURNAMENTS 26TH AUGUST 2021, WARSAW, KRAKOW,GDANSK, AND WROCLAW
JAPAN- CEE EUROPE INVESTMENT SUMMIT & AWARDS2ND SEPTEMBER 2021,
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OUR DAILY VIDEO ROUNDUP OF THE TOP BUSINESS NEWS STORIES IN POLAND. TOP POLAND INVESTMENT THREADS ON TWITTER * US signs Enhanced Defense Cooperation Agreement with Poland. Big step forward for our Transatlantic security, strengthens NATO, says SecState Pompeo. Twitter LOCKHEED MARTIN. Nice new Lockheed Martin animation showingemployment of #PrSM
against an enemy
FARP & SAM site that are located by #F35|s on a deep strike
mission. A M142 #HIMARSlaunches 2
PrSMs, one against the FARP, one against the S-400’s 92N6 fire-control radar. (TWITTER)
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