There is no end to the COVID-19 pandemic in sight, but the new normal that will emerge could benefit the countries of Central Eastern and Southeastern Europe (CESEE), due to the new opportunities that will arise.
ElectroMobility Poland will produce the “reasonably-priced vehicle for an average Pole” from 2023.
The Lodz investment will be the ninth logistics centre in Poland since Amazon began operating in the country in 2014.
PGG has been struggling in 2020, as lockdown measures introduced to curb the spread of the coronavirus pandemic reduced demand for electricity. Poland derives nearly 80% of its power from burning hard and lignite coal.
Back in September, the government tabled a no-deficit budget for 2020, the first in three decades. But efforts to ease the impact of the coronavirus pandemic are instead expected to result in by far the biggest budget hole of the 21st century.
A larger reduction in shops’ turnover had been expected but it appears that the positive effect of accumulated demand played a role in reducing the fall rate.
European Union leaders reached agreement on a massive stimulus plan for the bloc’s economies in the early hours of July 21, after almost five days of intense talks.
Industrial production growth in June brought a major positive surprise, supported by the positive calendar effect as well as the base effect, as the industrial sector contracted in June last year.
The potential IPO could be worth $2.3bn-3bn, which would put Allegro’s valuation at around $11bn, making it the biggest IPO on the WSE since the 2010 debut of state-controlled insurance company PZU.
Timing is everything as politicians seek to take advantage of poll boosts from steering their countries through the pandemic and launching stimulus packages, before populations really feel the impact of the crippling economic recessions.
Poland's two refining companies to merge to create a “multinational company with a global reach”, government officials say. PKN Orlen lines up its next merger, with oil and gas company PGNiG.
Duda’s victory is expected to pave the way for the ruling right-wing coalition, led by PiS, to continue with its reformist – if hugely controversial and divisive – agenda.
Ipsos exit poll puts incumbent President Andrzej Duda just 0.8pp ahead of Warsaw mayor Rafal Trzaskowski in the race for Poland's presidency.
Whether incumbent President Andrzej Duda or the centre-right mayor of Warsaw Rafal Trzaskowski wins the run-off presidential vote, it will mark the start of several years of turmoil.