Business Portal for Poland - Polish Market - PMR

Poor February for Special Economic Zones

Sun, 07 Mar 2010 00:00:00 +0100

This year has gone from bad to worse for the country’s 14 Special Economic Zones (SEZ), according to data on investment activity in February collected by Rzeczpospolita. Just ...

LFS unemployment rate up to 8.5% in Q4, registered rate to 12.7% in January

Thu, 25 Feb 2010 00:00:00 +0100

The unemployment rate measured according to the Labour Force Survey (LFS) rose to 8.5% in the fourth quarter of 2009, up by 0.4 p.p. compared with the previous quarter and 1.8 p.p. higher ...

Sejm approves business-friendly tax changes

Sun, 21 Feb 2010 00:00:00 +0100

The Sejm on 19 February passed a series of changes to tax laws intended to make life easier to businesses and individuals. Thus, newly self-employed persons will be able to switch ...

Kraft to honour Cadbury’s investment programme in Poland

Fri, 12 Feb 2010 00:00:00 +0100

Kraft Foods of the US, the new owner of confectionery concern Cadbury, announced that it would stick to Cadbury’s plans to close down its factory in Keynsham near Bristol in ...

PLN 2.6bn in privatisation revenues at the end of January

Mon, 08 Feb 2010 00:00:00 +0100

Gross revenues from privatisation amounted to PLN 2.56bn (approx. €629m) at the end of January, according to data from the Ministry of the Treasury. This represents a little ...

Tusk outlines economic reform plan for 2010-2011

Sun, 31 Jan 2010 00:00:00 +0100

Prime Minister Donald Tusk on 29 January unveiled a “Plan for the Development and Consolidation of Public Finances”, a wide-ranging set of reform measures to be implemented ...

Ikea secures land for €340m complex in Podlaskie

Thu, 21 Jan 2010 00:00:00 +0100

Ikea, the Swedish furniture retailer, announced that it has completed the acquisition of 100 hectares of land in the Orla district of the Podlaskie voivodship, where it plans to build ...

Foreign trade deficit shrinks to €7.5bn in January-November

Thu, 14 Jan 2010 00:00:00 +0100

The total value of Polish exports of goods in the first 11 months of 2009 amounted to €88.7bn, while imports equalled €96.2bn, according to preliminary data from the Central ...

GSK moves more production to Poland

Sun, 10 Jan 2010 00:00:00 +0100

GlaxoSmithKline (GSK) will shift some of the production of Avodart, an urology drug, from France to its Polish factory in Poznan in a project worth PLN 70m (approx. €17m), the ...

Employers to pay new contributions for two categories of workers

Thu, 31 Dec 2009 00:00:00 +0100

Companies which employ persons working in special (dangerous) conditions, such as pilots, steel workers or train drivers – a group of about 300,000 people – will as ...

Insurance sector: net financial result up by 3.5% y-o-y in Q1-Q3

Mon, 21 Dec 2009 00:00:00 +0100

The net financial result of the insurance sector in the first three quarters of the year amounted to just over PLN 5.8bn (approx. €1.3bn), which translates into an increase of ...

Leoni shuts down Ostrzeszow plant

Fri, 11 Dec 2009 00:00:00 +0100

Leoni, a German manufacturer of cables, wires and wiring systems for the automotive sector, has decided to close down its factory in Ostrzeszow (Wielkopolskie voivodship) by the ...

EBRD to inject fresh €400m into Polish banking sector in 2010

Fri, 04 Dec 2009 00:00:00 +0100

The European Bank for Reconstruction and Development (EBRD) will maintain this year’s level of lending to Polish banks, estimated at over €400m, also in 2010, Peter ...

Investment outlays down by 9.4% y-o-y in Q1-Q3

Fri, 27 Nov 2009 00:00:00 +0100

Large and medium-sized companies employing 50 or more people reported investment outlays of just over PLN 64.3bn (approx. €14.7bn) in the first nine months of 2009, which in ...

Jeronimo Martins to invest €900m in Poland until 2012

Tue, 17 Nov 2009 00:00:00 +0100

Jeronimo Martins (JM), the Portuguese retail group, aims to invest €900m in expanding its operations in Poland over 2010-2012, Pedro Pereira da Silva, general manager of JMD, ...