IKEA Retail Poland in the 2023 financial year (1 September 2022 to 31 August 2023) recorded revenue exceeding PLN 6 billion and 9% increase on the previous year. In total…
Economy
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Economy
Poland launches largest green energy investment in Central Europe
by Dignity Newsby Dignity NewsThe ORLEN Group has made the final investment decision on the construction of Poland’s first Baltic Power wind farm. The investment, which will add nearly 1.2 GW of power to…
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Economy
Investment agreement to finance the construction of a green energy storage facility in Młoty
by Dignity Newsby Dignity NewsPolska Grupa Energetyczna (PGE) and the National Fund for Environmental Protection and Water Management (NFOŚiGW) have signed an investment agreement to finance the construction of a pumped storage power plant…
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Economy
LOTOS Petrobaltic to acquire vessels for offshore wind farms
by Dignity Newsby Dignity NewsLOTOS Petrobaltic of the ORLEN Group has signed a cooperation agreement with the Industrial Development Agency (IDA) for the construction of three vessels intended for the transfer of workers to…
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Economy
KGHM Polska Miedź and Lubelski Węgiel “Bogdanka” cooperate for Poland’s raw material security
by Dignity Newsby Dignity NewsKGHM Polska Miedź and Lubelski Węgiel “Bogdanka” have signed a letter of intent regarding cooperation in, among other things, securing access to raw materials crucial for sustainable transformation. The document…
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Economy
In 2024, investment expenditure under KPO may reach PLN 40 billion
by Dignity Newsby Dignity NewsInvestment spending under the National Reconstruction Plan (KPO) could reach PLN 30-40 billion next year, Polish Development Fund (PFR) according to the president of Polish Fund of Development (PFR) Paweł…
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Economy
Factory producing active cathode materials for electric vehicle batteries to be built in Nysa
by Dignity Newsby Dignity NewsNearly €1.7 billion will be invested by Umicore and PowerCo in a new plant to produce active cathode materials (CAM) for electric vehicle batteries by the end of 2030. The…
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Electricity prices for households in Poland rose by 12.9 % between September 2021 and January 2023, while spending on their protection amounted to around 2 % of GDP, according to…
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KGHM Polska Miedź S.A. is beginning construction of a Medical and Altitude Training Centre for rescuers from the Mine-Smelter Rescue Unit in Sobin. The centre and workshops on safe work…
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Fewer and fewer respondents expect the economic situation in Poland to worsen. The percentage of people who declare that they are able to spare money from their current income is…