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Disposable income grew 8.5% in 2006

Nominal monthly disposable income for Polish households grew by 8.5% year on year in 2006 to PLN 835 per capita, stats office GUS said Tuesday. Average monthly household spending, in turn, amounted to PLN 745 per head, up some 6.8% y/y in real terms. The structure of household spending shows…
June 7, 2007,
Ela Pawełek-Lubera

BSH R&D centre in Lodz

The German concern BSH has launched a research and development centre and an IT services centre in Lodz; the related outlays amounted to PLN 15m (approx. €3.8m). The opening of the R&D centre follows the localisation of a BSH clothes dryer factory in the town. The centre will focus its…
June 6, 2007,
Ela Pawełek-Lubera

UBS to open services centre in Krakow?

The Swiss investment bank UBS is considering locating a services centre in Krakow. The project is to cost an estimated PLN 21m (approx. €5.4m) and create around 250 jobs. Poland is currently vying with the Czech Republic to attract the investment. UBS will make the final decision within the next…
June 6, 2007,
Ela Pawełek-Lubera

Michelin to increase investment in Poland

This autumn Michelin will launch production of new rubber mixes at its manufacturing site in Olsztyn, Poland, reported the Budapest Business Journal on Wednesday. This comes as part of a £172 million ($342 million) investment program that also incorporates the construction of an adjacent logistics and warehousing centre. This investment…
June 2, 2007,
Ela Pawełek-Lubera

Technology Park near Wroclaw

LG’s Technology Park, grouping together 9 factories of the LG.Electonics concern, was opened on Wednesday, in Biskupice Podgórne, near Wrocław. The South Koreans are investing 800 million EUR over the next four years in a manufacturing plant, which will mainly produce LCD modules and domestic appliances. Work will be found…
June 1, 2007,
Ela Pawełek-Lubera

The largest GDP for ten years!

The growth in GDP in the first quarter of 2007 equalled 7.4%, which is the highest level for ten years. Over the coming months there is expected to be a slight slowing of the tempo of economic growth; but it won’t be lower than last years. For comparison – the…
June 1, 2007,
Ela Pawełek-Lubera

MACROECONOMIC POLAND

Poland – general information: Area: 312 685 square km Population: 38,1 mln Capital city: Warsaw Political system: parliamentary democracy Date of entering into EU: 1st of May, 2004 GDP (I quarter 2007): ca 7,0% Inflation in April 2007: 0,5% Unemployment (April 2007): 13,7% source: paiz.gov.pl
May 25, 2007,
Ela Pawełek-Lubera

Popular posts

Disposable income grew 8.5% in 2006
BSH R&D centre in Lodz
UBS to open services centre in Krakow?
Michelin to increase investment in Poland
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