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Business

PKN Orlen plans to build 76 SMRs by 2038

Daniel Obajtek made the announcement at a press conference on Tuesday after signing a letter of intent on cooperation between Orlen and several Polish universities on the establishment of nuclear energy studies. Tomasz Gzell/PAP

PKN Orlen, Poland's state-owned oil and gas company, has "ambitious" plans to build 76 Small Modular (nuclear - PAP) Reactors (SMRs) in Poland by the year 2038, the company’s CEO has said.

IMF downgrades Poland's GDP growth forecast

The International Monetary Fund (IMF) has lowered Poland's Gross Domestic Product (GDP) growth forecasts for this year and next.

Poland's GDP to grow by 0.5 pct in Q1

Polish economic growth will slow to 0.5 percent in Q1 2023, a government-sponsored think-tank has forecast.

Today’s news round up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

Poland introduces remote work into labour code

Regulations making remote work an officially recognised mode of working have become binding after Andrzej Duda, the Polish president, signed them into law.

More firms plan wage hikes

There is a slight rise in firms planning wage hikes in the coming quarter despite a drop in wage pressure, the National Bank of Poland (NBP) wrote on Monday in a report.

Poland's defence spending record high in Nato says PM

Poland's plan to spend as much as 4 percent of its GDP on defence this year may be the most ambitious among all Nato member states, Mateusz Morawiecki, the Polish prime minister, has said.

Poland's economy grew by 4.9 percent in 2022

Poland's Gross Domestic Product (GDP) increased by 4.9 percent year on year in 2022, the Central Statistical Office (GUS) has reported.

Poland's venture capital investment shows no sign of decline

The value of venture capital (VC) investment in Poland remained unchanged year on year in 2022, defying global declining trends, a report has shown.

Today’s news round up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

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Top 5 articles:

  • Over 100,000 slaughtered with axes, pitchforks, scythes and knives: The Wołyń massacre started 76 years ago today and lasted for two years
  • The systematic massacre of all children under 10 will forever be a stain on humanity, says TFN’s Stuart Dowell
  • Mayor offers reward to first couple to have a boy in village where only girls are born
  • It’s official! Kraków is the best place in Europe for food, says European Academy of Gastronomy
  • Poland in COVID-19 LOCKDOWN! PM orders bars, restaurants, shopping centres and borders closed - and cancels ALL flights
History | Life

Monte Cassino veteran and friend of Wojtek the bear dies aged 95

Ludwik Jaszczur, who was originally from the village of Blizne in Podkarpacie, died on Monday at his home in Edinburgh, Scotland.

The first report:

  • Majority of Poles oppose Russians, Belarusians competing in 2024 Olympics
  • Polish Army medics already in Turkey to help earthquake victims
  • Lower house scraps all Senate amendments to Supreme Court bill
  • Polish, German defence ministers set up meeting with Ukrainian counterpart
  • Polish MoD satisfied with US approval for sale of rocket launchers

Exclusive

Rzeszów scientists develop phone battery that charges in eight minutes and lasts 68 YEARS!

Produced by The Batteries, the new technology has already been dubbed “a game changer” by the industry press, with the firm hoping to begin large-scale production once work on their “pilot factory” is finished.

The Debrief
The Eleventh Commandment – Polin commemorates 80 years since the Warsaw Ghetto Uprising
Webber's World
Webber’s guide to where the rich and famous stay when in Poland
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