Poland

Austrians to Invest Strongly in FDIs

Austrian investors have increased their direct investments in foreign countries by eleven percent to a total of € 145.5bn while FDIs in Austria remain unchanged at € 118.3bn.

June 26, 2013

Ukraine Could Become Energy Hub in Europe

According to EU Enlargement Commissioner Füle, Ukraine is an important partner of the EU.

June 26, 2013

NBP: Investments to Rise in Poland

According to a report on the financial situation of firms in the first quarter published by the National Bank of Poland (NBP), demands in investments in the forthcoming quarters should rise.

June 25, 2013

Last Try to Save Polish Airline LOT

Poland’s National Treasury starts a final attempt at saving Polish Airlines LOT.

June 21, 2013

Polish Road Authority As Tardy Payer

Prime Minister Tusk seems unimpressed about ambassadors from six countries filing a complaint.

June 19, 2013

Poland: Deputy Transport Minister Dismissed

Former Deputy Transport Minister alleged of corruption. Austrian construction company Alpine involved.

June 18, 2013

V4 Want Free Trade Zone Between EU and Japan

The Visegrad Four Group (V4), which consists of Poland, the Czech Republic, Slovakia and Hungary, support the creation of a free trade zone between the European Union and Japan.

June 17, 2013

Bulgaria: Sofia One Of Best European Destination for Manufacturing

The Bulgarian capital Sofia was labeled as one of the best destinations for opening a manufacturing plant in Europe.

June 13, 2013

Poland: PKO BP to Acquire Polish Assets of Nordea

Bank PKO BP strikes deal to buy Nordea's Polish assets.

June 13, 2013

Moody’s: Rate Cuts Credit-Negative for Polish Banks

The recently passed cut in interest rates by Poland’s Monetary Policy Council has a negative effect on credits for Polish banks, rating agency Moody’s announced.

June 11, 2013

Poland: Sale of Foreign Currencies to Stabilize Zloty

After lowest rate in one year, the Polish government had to take actions.

June 10, 2013

Moody's: Overall Fiscal Situation In CEE Is Improving

Because of austerity measures in most of the countries, the economic situation is slowly but steadily improving.However, the latest competitiveness report pains a bleak picture of the future.

June 7, 2013

Poland: Base Rate Down to Record Low

Poland’s Monetary Council has cut the base rate to 2.75 percent.

June 6, 2013

Croatia to Expect Disciplinary Procedure by EU

The Ex-Yugoslavian country has to face harder scrutinizing than its CESEE peers which joined the EU in the last decade.

June 5, 2013

Czech Republic: Dumping Offers for Building of Highway

Major construction companies screw down prices for the building of a highway segment from Linz to Prague.

June 3, 2013

Poland: Alterated Restructuring Plan for LOT

LOT alters restructuring plan, expects more public aid

May 29, 2013

Poland: Immofinanz Group Sells Silesia City Center

Large property in Eastern Europe to be sold.

May 28, 2013

Kapsch Completes Successful Trial of EETS In Poland

Landmark moment for harmonization of European road networks.

May 27, 2013

Poland: Dispute Over Shale Gas Law

Polish Finance Minister Jacek Rostowski has criticized the Environment Ministry for the planned national participation in the production of shale gas.

May 24, 2013

Zeman Demands Stock Exchange for CEE

Czech President Milos Zeman has declared himself in favor of the merger of the stock exchanges in Prague and Warsaw.

May 24, 2013

Poland: Hold on Tax to Attract Investors

Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.

May 23, 2013

Tusk Encouraged to Run for European Commission Presidency

Polish Prime Minister Tusk confirmed his encouragement, but will decide at another point in time.

May 23, 2013

Polish Government Passes Job Protection Law

On Tuesday, the Polish government adopted the Labor Minister's document on measures directed to protect employees and businesses during economic downturn, the government press office said.

May 22, 2013

Immofinanz: First Office Project in Warsaw

Immofinanz Group lays foundation stone for the Nimbus office building in Warsaw

May 22, 2013

Poland: Tusk Potential Candidate for EU Commission Presidency

Polish Prime Minister Tusk among candidates for President of European Commission

May 17, 2013

Poland Pressed to Cut Rates

IMF urges Poland to further cut rates.

May 17, 2013

Three Major Energy Companies to Withdraw from Poland

After ExxonMobil two other huge energy enterprises left Poland after unsucessfully drilling for shale gas.

May 16, 2013

Poland: Rescue Loan for LOT Approved

A new law passed on Friday makes it possible to privatize Polish carrier LOT.

May 16, 2013

Alpine: Dispute in Poland About to Escalate

A dispute about the construction of a bridge has intensified. The construction company Alpine has withdrawn from the contract for the building of a highway segment in Poland.

May 15, 2013

Poland: Economy Not to Recover Before July

Polish economy is not expected to rebound as soon as the second half of this year and only on the condition that export partners see a growing GDP rate.

May 15, 2013

Ukraine and Poland Could Be Future Leaders in Shale Gas Production

Management consultant enterprise A. T. Kearney regards Poland and Ukraine as the future European leaders in the productin of shale gas.

May 15, 2013

Poland: PZU to Acquire Croatia Osiguranje

After years of looking for an opportunity to invest further, PZU, Poland’s major state-owned insurance company, is focusing on aquiring a controlling stake in Croatia Osiguranje.

May 14, 2013

Strabag Subsidiary to Build Motorway in Poland

Strabag subsidiary building A4 motorway in Poland

May 14, 2013

Poland: LOT Ready To Be Privatized

A new law passed on Friday makes it possible to privatize Polish carrier LOT.

May 14, 2013

CEESE: Economic Growth Stagnant

Orban claims Hungary is the country with the highest growth rate in CEE/CESEE next year.

May 10, 2013

Immofinanz: Secondary Listing in Warsaw Starts Today

Today the first Immofinanz shares will be traded at the Warsaw stock exchange. CEO Eduard Zehetner will be giving a press conference in Poland’s capital.

May 7, 2013

Real Estate Industry: Major Losses for Properties In CESEE

According to Manfred Wiltschnigg, CEO of Austrian Real Estate Agency Immofinanz until the end of March, investments in Poland are becoming more risky.

May 6, 2013

Albania and Poland to Enhance Diplomatic Relations

Albania's Minister of Foreign Affairs received the Ambassador of Poland, Mr. Marek Jeziorski this week.

May 3, 2013

Lopatka: „Poland Important Economic Partner and Ally of Austria in EU“

Austrian State Secretary encourages bilateral relations and trade between the two Central European countries as well as improved relations between EU and US.

April 30, 2013

Joint Energy Diversification Plans for Ukraine and EU

Ukraine and EU share Energy Diversification Plans - Energy Community Official.

April 30, 2013

Immofinanz Share Soon to Be Listed in Warsaw

The Immofinanz share will in all probability be listed in the Main Market of the Warsaw Stock Exchange starting on 7 May 2013.

April 29, 2013

Kapsch TrafficCom Lands Important Contract in Poland

Kapsch wins another important railway communications contract in Poland

April 29, 2013

Poland: Trade Union Threatens With Protests

The conflict between the trade union Solidarnosc (solidarity) and the Polish Government aggravates.

April 26, 2013

Poland: Audit at Oil and Gas Company PGNiG

Poland’s new Treasury Minister Wlodzimierz Karpinski announced on Wednesday to carry out an urgent audit at Polish state-controlled oil and natural gas company PGNiG.

April 25, 2013

Poland to Support Serbia's European Integration

Dacic and Tusk agreed on improving cooperations, enhancing bilateral trade and increase Polish investments in Serbia.

April 25, 2013

Poland: Public Deficit Targed Missed

Rowstowski does not expect the excessive deficit procedure to be lifted.

April 24, 2013

Former Polish President: “EU Needs Ukraine”

In an interview with Polish news magazine Wprost, former Polish president Aleksandar Kwasniewski explains that in the future, the EU will need Ukraine.

April 22, 2013

EU Countries to Use Ukrainian Gas Storage Facilities

EU Countries Show Interest in Ukraine’s Gas Transportation System

April 19, 2013

Vienna Stock Exchange: Head of GPW Denies Takeover.

Vienna Stock Exchange, which has already acquired several stock markets in Central and Eastern Europe, has been interested in the Warsaw exchange GPW (Giełda Papierów Wartościowych).

April 19, 2013

Schwarzenberg: „Slovenia Joining V4 Would Not Be Efficient“

V4 Foreign Ministers have declared disapprobation of Slovenia joining the group.

April 19, 2013
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