According to the estimates of the Central Statistical Office, Poland produced about 7.5 million tons of corn in 2021. Thus, Poland has become the third producer of maize in the…
Economy
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Polish Oil and Gas Mining (PGNiG) has bought a cargo of LNG from the USA, which, after regasification, will be delivered via gas pipelines to the Polish-Ukrainian border for ERU…
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Economy
Eurostat: Poland remains to rank as the second country in the EU with the lowest unemployment rate
According to the EU’s statistical office, the unemployment rate in Poland in December was 2.9%. This is a decrease of 0.1% from 3% in the previous month. Only the Czech…
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From February 1 to July 31, the Polish government introduced a lower VAT rate which applies for food, fertilizers and gas. Pursuant to the amendment to the VAT Act, the…
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Economy
Central Statistical Office records the highest growth dynamics of the Polish economy in 14 years
The preliminary estimates of the Central Statistical Office (GUS) informed that Poland’s GDP in 2021 increased by 5.7% and the Polish economy recovered from the pandemic 2020. This is the…
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Last weekend (January 29-30, 2022), Polish windmills generated a total of 238.2 GWh of electricity, which was almost 35% of daily net electricity production in Poland. On Saturday, January 29,…
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Economy
Orlen and Grupa Azoty signed a letter of intent regarding construction of LPG terminal in Police
Polish Orlen Paliwa company, the Police Port Authority and Grupa Azoty Polyolefins (a special purpose vehicle established to implement the Polymers Police project) have signed a letter of intent regarding…
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The analysts from the Polish Economic Institute (PIE) in the latest issue of the PIE Economic Weekly write that Russia’s invasion of Ukraine would lead to a deep economic collapse…
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Despite the decline in fuel margins in Poland and having only 13% of the share of the Polish retail segment in the EBITDA LIFO profit, Polish Oil Concern ORLEN generated…
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Polish companies SatRevolution from Wrocław and Tuatara from Warsaw, Virgin Orbit, belonging to the American Virgin Group and ETCO from the Sultanate of Oman, have signed an agreement on multilateral…