Section: Warsaw Business Journal (Poland)
Foreigners spent PLN 8.72 bln on shopping in Poland in Q1 – GUS
In Q1 2016, foreigners spent PLN 8.72 billion on goods and services in Poland, that means a 3.8 percent y/y increase, the Central Statistical Office (GUS) reports. Meanwhile, Poles spent only PLN 3.82 billion abroad (4.7 percent y/y increase). According to the statement, Germans spent the most money (47.6 percent of the total amount). Second...
Goldman Sachs: Poland’s chances of reaching Euro 2016 1/4 finals grow to 28.5%
Analysts from investment bank Goldman Sachs have reviewed their forecast after Tuesday’s win against Ukraine and give Poland a 28.5 percent chance (up from 21.2 percent) of reaching the quarterfinals of the Euro 2016 campaign. The investment bank also said that the odds of Poland winning the championship have tripled since the beginning of...
Survey: Every 7th Polish company employed worker from Ukraine
As much as 40 percent of Polish companies intend to employ workers from Ukraine, according to a new quarterly survey “Employers’ plans” by Randstad. The study also showed that 52 percent of Polish firms do not consider the idea of employing any Ukrainians. Meanwhile, Ukrainians currently have been engaged in 15 percent of Polish companies....
EU foreign policy chief in Warsaw: The European Union needs Poland very much
Federica Mogherini, a high representative of the European Union for Foreign Affairs and Security Policy, visited Warsaw on Thursday to discuss the July NATO summit, EU sanctions on Russia and Eastern Partnership. Mogherini met with President Andrzej Duda, Prime Minister Beata Szydło and Foreign Minister Witold Waszczykowski. “I personally count...
Another Pole becomes high executive at Ukrainian Railway
Following the nomination of Wojciech Balczun as the head of the Ukrainian Railway, the Ukrainian Council of Ministers has appointed Remigiusz Paszkiewicz as vice President of the railway, responsible for railway infrastructure. “Today’s decision of the Ukrainian authorities is yet another sign of the appreciation for the changes made in...
Lifting sanctions on Russia now would weaken EU authority – Szymański
Poland’s Deputy Foreign Minister Konrad Szymański told Reuters that the European Union must not ease sanctions on Russia until the so-called Minsk peace agreement is fully implemented, as this would weaken the bloc’s position in its relations with Moscow. Szymański’s comments come amid suggestions that the EU may begin to ease...
Saakashvili slams Balcerowicz
Former President of Georgia and current Governor of Ukraine’s Odessa region Mikheil Saakashvili called Poland’s former deputy Prime Minster and current member of Ukraine’s government “a politician pulled out of mothballs” and a “bleacher of corrupt regimes.” Saakashvili said that Balcerowicz comes to Ukraine once a month to “get...
Former CBA head to advise government of Moldova
The former head of Poland’s anticorruption body Paweł Wojtunik has told Onet.pl webportal that he will become an EU high level adviser to the Prime Minister of Moldova. He will help in combating corruption as one of Europe’s poorest countries is making efforts to join the EU. “I wasn’t recommended by anyone. Several colleagues...
Nawałka announces provisional Poland squad for Euro 2016
Poland coach Adam Nawałka has announced the provisional squad for Euro 2016, in which the national team will compete against Germany, Ukraine and Northern Ireland in Group C. Below is the full list of the 28 players. Nawałka will cut the squad to 23 on May 30. Goalkeepers: Artur Boruc (Bournemouth/ENG), Łukasz Fabianski (Swansea City/ENG),… This...
Waimea opens logistics park near Ukraine
Waimea Holding has opened the first stage of Logistic Park Korczowa, located in Młyny, next to the Korczowa border crossing to Ukraine and close to the A4 highway. The entire complex will comprise three buildings, altogether featuring 50,000 sqm of logistics and manufacturing space. “The Waimea Logistic Park Korczowa is a logistcs gate to the...