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Business

Poland's average corporate wage up y/y in December - stats office

Rafał Guz/PAP

Poland's average corporate gross wage rose by 6.6 percent year on year to PLN 5,973.75 (EUR 1,318) in December 2020, the Central Statistical Office (GUS) said on Thursday.

Income inequality highest in major cities - daily

Income inequality is highest in Poland's wealthiest and most developed cities, the Rzeczpospolita newspaper wrote on Thursday.

South Korea's LG to invest EUR 303 mln in huge Polish plant

The South Korean firm LG intends to make its electric battery plant in southern “the biggest in the world” with a multi-million euro investment.

Poland's GDP drop might be lower than 3 pct in 2020 - FinMin

Polish GDP may have fallen by less than 3 percent last year despite the battering the pandemic inflicted upon the economy, the finance minister has claimed.

Poland's photovoltaic capacity exceeds 3.6 GW

Poland's photovoltaic capacity amounted to 3661.7 MW on 1 December, 2020, up by 181.8 percent year on year, power grid operator Polskie Sieci Energetyczne (PSE) said on Wednesday.

Inflation in Poland may return to around 3 pct - Monetary Council

Poland's inflation rate will hit 3 percent or higher, a member of Poland's Monetary council has reported.

Investors' unwavering confidence in Polish currency

The Polish zloty has not lost investors' confidence, it is worth promoting as a reserve currency for other countries, the head of the Warsaw Stock Exchange said on Wednesday.

Polish airline LOT and unions seal staff layoff accord

Poland's flagship airline PLL LOT will lay off up to 300 staff under an agreement sealed on Wednesday with the company's unions.

Farmer spends seven years lovingly restoring crumbling old Czartoryski palace after ‘feeling sorry’ for it

Passing the abandoned palace in Lower Silesian every day on his way to work, crop farmer Józef Żałobniak eventually decided to buy the place and turn it into a hotel spa saying: “I wanted to save it for other people to enjoy. That was my dream.”

Polish HICP inflation up by 3.4 pct y/y in December - Eurostat

Poland's Harmonised Index of Consumer Prices (HICP) rose by 3.4 percent year on year in December 2020, against 3.7 percent growth in the previous month, the European Union's statistics office, Eurostat, said on Wednesday.

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Art & Culture | Life

Rzeszów monk sets up music school in war-torn African state to teach child soldiers to take up music instead of weapons

Capuchin monk Brother Benedykt Pączka decided to offer children an alternative to being child soldiers and try to sow the seeds of future peace in the country by teaching them to prefer a guitar over a Kalashnikov.

The first report:

  • Poland's industrial production up in December - stats office
  • Minister 'terrified' as number of restaurants reopen illegally
  • Polish president calls on EU to step up sanctions on Russia
  • Polish president says gov't dealing well with coronavirus pandemic
  • Inflation in Poland highest in entire EU - daily

Exclusive

Moving on down the line: how a narrow-gauge railway staved off economic death to become the heart of a community

Still operating, the Pleszew line has embraced the future by becoming a cultural centre.

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Events

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  • 27/01 Auschwitz liberation anniversary ceremony to focus on fate of children
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