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Poland\'s state-owned investment vehicle PIR dismissed CEO Mariusz Grendowicz and will open a competition to fill the vacancy.

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Equities News
CH2M HILL Appoints New Director of Rail for Europe
CH2M HILL has appointed Sue Kershaw as Director of Rail for Europe. In her new role Sue will lead CH2M HILL's growing rail business and work with the region’s Managing Director for Transportation, James Rowntree, to secure and deliver projects in the rail industry.

CEE POWER-Czech and Slovak day ahead falls while Poland soars on outages
Central European spot power diverged on Wednesday with forecasts for lower renewable output supporting Czech and Slovak day ahead and more import capacity from Ukraine and lower consumption driving down Hungarian prompt prices, traders said.

Poland's carbon emissions billions to be spent on coal, cutting budget deficit
Billions of euros from the sale of EU carbon credits and free emissions allowances, given in exchange for commitments to diversify Poland’s energy mix, will instead be spent on coal and cutting the country’s budget deficit, climate campaigners have said.

Poland: Blueberry production growing faster than demand


BNP seeks higher profitability in Poland after acquisition
BNP Paribas aims to deliver double-digit profitability in Poland by 2017 after the acquisition of Bank BGZ, on Tuesday said Jean-Paul Sabet, deputy head of international retail banking at France's biggest listed bank.
Russia’s Import Ban May Affect Economies of Poland, Hungary, Baltic States: EBRD
The European Bank for Reconstruction and Development (EBRD) forecasts positive growth of the European countries' GDP, however, the bank admits that Russian import ban could affect the economies of the Central European and Baltic states, according to the bank's press release.

Billionaire Polish Rally Car Driver Plans Debut Eurobond
Polish billionaire Michal Solowow, who controls synthetic rubber producer Synthos SA, is preparing to sell his first Eurobond to fund expansion and repay debt.

Poland Plans Gas Hub to Kill Reliance on Russian Energy
Poland is taking steps towards creating a gas trading and transit hub in Central and Eastern Europe aimed at accomplishing what much of the region has failed to do: shake off almost complete reliance on Russian gas imports.

Belarus And Poland: Brought Together By Russian Sanctions?
On 28-29 August the head of Belarusian diplomacy, Uladzimir Makiej, met with the top Polish officials in Warsaw. The war in Ukraine and Russia’s self-imposed isolation can bring Belarusand Poland closer together.

Poland dismisses state-run infrastructure fund CEO
State-controlled infrastructure fund Polskie Inwestycje Rozwojowe (PIR) dismissed Chief Executive Officer Mariusz Grendowicz and said late on Tuesday it would call a contest to find his replacement.

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10 questions for foreign investor
  • Joanna Bensz - CH2M HILL

    Joanna Bensz nową country manager CH2M HILL w Polsce.

    Joanna Bensz, the new Country Manager of CH2M HILL Interview

    How much investment are you making in Poland (now and planned over the next few years)? Do you have financing partners?
    What are the primary sources of your revenues?
    Tell us about your hiring plans: how many people do you plan to employ now and how will that change over the next 2-3 years. What are your office space needs or expansion plans, or other real estate requirements?
    ... read more

Advisory
  • Hamish Potts - Knight Frank

    Hamish Potts Tenant Rep in Poland - Edition #1
    This column will aim to provide useful, hopefully insightful and possibly even up-to-the-minute advice to anyone responsible for the property side of their business, from a one-man operation to the Global Director of Real Estate for a 'Mega Corporation' and his minions.
  • Steven Foster - Process Solutions, www.ps-bpo.com

    Steven Foster ZUS inspectors target employment contracts
    Earlier this month the employers’ confederation Leviatan reported a significant increase amongst their members in attacks by ZUS against specific task contracts (umowy o dzieło). What's going on?
  • Preston Smith - CEE Consulting Group Sp. z o.o.

    Preston Smith You against the Mob (Part I)
    Not too long ago I was invited to a late night, drinking-man’s card game. I have to admit that these days I’m neither a drinking man or a card player, but the wild boys from the old days told me to show up anyway...
  • Political Advisory/Lobbying

    Marek Matraszek - CEC Government Relations

    Marek Matraszek Dusk for Ukraine, Dawn for Poland ?
    However the crisis develops – or resolves itself – there is little doubt that the consequences for Poland, Central Europe and the European Union will be dramatic.

 

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