Business

Polish rail to get a major facelift within next four years

Friday, December 21, 2007

The Polish Rail InterCity (PKP) will be restructured into a joint stock company with plans for the future to release its shares on the Warsaw Stock Exchange.

Inflation hits hard at year's end

Friday, December 21, 2007

The annual inflation indicator shows an increase to 3.6 percent in November. Inflation stood at 3 percent in October. Analysts are predicting December will see a rise in prices as high as 3.7 to 4.1 percent.

Monitoring employees at work

Friday, December 21, 2007

Monitoring employees at their place of work by the use of video cameras or through conducting computer security checks, which includes email inboxes, is becoming commonplace.

Two local banks merge

Friday, December 21, 2007

Two major Polish banks, Pekao S.A. and BPH S.A., have merged to form the biggest bank in Poland and in this part of Europe.

Russia, Ukraine selling cheaper coal in Poland

Friday, December 21, 2007

Although coal mining is one of Poland's major industries, Russia and Ukraine have begun selling coal in this country.

Consultancy agencies to fight for customers in 2008 when more EU funds become available

Friday, December 14, 2007

Regional councils responsible for the distribution of EU funds for the period 2007-2013 will announce, according to Gazeta Prawna, the first lot of competitions for the best business plans in the first quarter of 2008.

Krauze's Polnord to build in St. Petersburg

Friday, December 14, 2007

The Polish-owned construction company Polnord, a subsidiary of Prokom, owned by mogul Ryszard Krauze is set to commence on a large scale construction project in St. Petersburg.

Telekomunikacja Polska to separate its retail sector by mid-2008

Friday, December 14, 2007

An announcement was made on Monday stating that a decision will be made concerning the separation of the Telekomunikacja Polska sectors by mid 2008.

Germans to design national stadium

Saturday, December 8, 2007

A German company has won a competition to design the National Stadium in Warsaw that will be a centerpiece of the Euro 2012 European soccer championships.

Net contract auctions hit market

Saturday, December 8, 2007

In the last month, the first possibility for employers to auction off their sub-contracts on the Internet has been introduced.