World Bank – Poland to see ‘solid’ growth this year and next The World Bank has issued a report which forecasts 4 percent GDP growth this year in Poland and stable growth for the next two years. The report, released on Tuesday, also forecasts 4.2 percent growth in Poland in 2012, one of the most impressive performances in the EU. On average,…
Sale of Lotos Unlikely in 2011 Poland is unlikely to privatize listed fuel group Lotos by the end of 2011 but, when the process gets going, a potential investor will be expected to announce a tender offer on 100% of Lotos shares yet keep the company on the WSE, deputy Treasury Minister Mikolaj Budzanowski told reporters.…
Polish sausages rubberstamped by EU The two sausages, named ‘mysliwska’ and ‘jalowcowa’, will now carry the EU logo and are ‘Traditional Specialty Guaranteed’. Out of over a thousand regional products on the EU’s books, only 26, including the sausages, are of Polish origin. In the European Commission documents on the products, we can read that…
Polish children socially active on the web Polish children are among the most represented group on social networking sites among European kids in the 9-12 age bracket, a new report from the European Commission shows. The European Commission survey found that 58 percent of Polish youngsters have personal profiles on such major sites as Facebook, MySpace, Netlog…
Polish women becoming main breadwinners Polish women are increasingly becoming the main family breadwinners as more and more of them are earning more than their husbands. While women in Poland still earn, on average, 23 percent less than men, they are quickly catching up as they take up higher posts, especially in business, and their…
Chains queue up for Polish market In an international survey of some 323 retail chains in 73 countries, over a third said that they planned to set up branches in Poland, whilst a third are already at large on the Polish market. The findings come courtesy of the consulting firm CB Ellis, which conducts annual research…
PKO BP Bank Plans Two Eurobond Issue Tranches in May Listed bank PKO BP plans two eurobond issue tranches in the second half of May, worth around 500 million euros and some 150-200 million Swiss francs, deputy CEO Jakub Papierski told the Polish news agency PAP on Thursday. PKO BP CFO Bartosz Drabikowski told PAP in early March that the…