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More than 450 exhibitors from 17 countries attended AMBERIF 2014 in Gdansk, the 21st International Fair of Amber, Jewelry and Gemstones, presenting their products at the biggest amber fair.

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Equities News
Total quits Poland search for shale
France's Total has not renewed its only shale gas exploration licence in Poland, a spokesman for the company said on Monday, highlighting the problems Warsaw faces in reducing its reliance on Russian energy.

"Serinus in oil drilling deal in Ukraine" - said James O'leary
Serinus Energy Inc., an international upstream oil and gas exploration and production company, announced that the Olgovskoye-11 development well has commenced drilling. The O-11 well is operated by KUB-Gas LLC, a partially-owned subsidiary in which SEN has a 70% effective indirect ownership interest through its 70% shareholding of KUBGas Holdings Limited. "Serinus in oil drilling deal in Ukraine" - said James O'leary

MB Aerospace in acquisition in Poland
MB Aerospace, the international aerospace engineering group, has today announced the acquisition of aero-engine component manufacturing business Norbert Industries

Kulczyk looks to Africa for new frontier in transformation
Poland is forecast to have one of the EU’s strongest economic recoveries but growth of 2.9 per cent this year and 3.1 per cent in 2015 is not enough to excite Jan Kulczyk, the country’s wealthiest businessman.

More U.S. military arriving in Poland
Last week, three C-130J Super Hercules aircraft deployed to 33rd Air Transport Base in Powidz near Poznan.
Renewable energy law draft approved by government
Poland's government approved a long-awaited draft law on 9 April that lays out new long-term subsidies for renewable energy, aiming to cut costs to consumers as well as help the coal-reliant country meet EU climate targets.

Foundation stone was laid for PERN Oil Terminal in the Port of Gdansk
By the end of 2015, six crude oil tanks of 375 thousand cubic metres in capacity and ancillary infrastructure will have been constructed in the immediate vicinity of the Liquid Fuel Terminal in the Northern Port.

Polish unemployment rate 13.9% vs. 14.1% forecast
The unemployment rate in Poland fell very slightly last month, official data showed.

Chevron joins PGNiG in search for shale
Polish gas giant, PGNiG, and Chevron on Monday agreed to jointly hunt for shale gas in southwestern Poland

HEFF exports British food to Poland in new project
Food and drink from more than 40 Midlands companies is to be made available to retail and food service outlets across Poland thanks to an innovative project launched this month.

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Advisory
  • Tax

    Steven Foster - Process Solutions

    Steven Foster Doom and gloom gives way to flat taxes
    The Polish tax and social security (ZUS) systems provide incentives for businesses in the form of flat rate tax and ZUS payments. So why do so many business owners not take advantage?
  • 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.
  • Corporate Risk

    Preston Smith - CEE Consulting Group Sp. z o.o.

    Preston Smith Four internal scams that could bleed you to death
    True, old-fashioned, 1990s-style tunneling does exist—this being the insertion of a person with a false identity into your firm with the sole goal of diverting bank transfers—but in the new millennium white-collar criminals have become much more advanced.
  • Tax

    Matthew O`Shaughnessy - Taxplan Sp. z o.o.

    Matthew O`Shaughnessy Growing pressure on tax optimised intra-group structures
    The Polish Ministry of Finance is not the only fiscal authority in Europe fighting so-called tax optimised structures. New anti-optimisation regulations are being introduced in many countries, including such traditionally liberal jurisdictions as the Netherlands and Ireland.

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