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Firms

Polish fuel giant heads CEE ranking

Coface said Orlen owes its position largely to its 52-percent sales rise in 2021 after a 23-percent drop in the previous year. Leszek Szymański/PAP

Poland's PKN Orlen oil and gas company came first in a 2021 ranking of 500 top Central-East European (CEE) firms published on Friday by the Coface insurer.

Biotech firms get boost from pandemic on Warsaw Stock Exchange

Biotechnology companies quoted on the Warsaw Stock Exchange have seen their valuation increase most among all listed companies during the coronavirus pandemic, a report by accountancy firm Grant Thornton has found.

Poland extends Covid relief program for large firms

Poland's cabinet adopted a resolution on Tuesday extending the ongoing Covid relief programme for large firms, the government press office said in a statement.

About 300 Japanese firms in Poland, investments total EUR 25 mln - PM

The Japanese companies employed about 40,000 people, and The Polish Investment and Trade Agency currently services 14 Japanese investment projects, the prime minister has said on Wednesday.

Polish non-financial firms suffer 22.8 pct y/y drop in H1 net results

Polish non-financial enterprises suffered a 22.8 percent year-on-year decline in their net financial results in the first half of this year, to PLN 50.4 billion (EUR 11.4 bln), the Central Statistical Office (GUS) said on Monday.

Most Polish firms want to maintain employment levels - survey

As many as 83 percent of Polish companies plan for employment to remain unchanged despite the coronavirus epidemic, according to the latest research by the state-owned Polish Development Fund (PFR) and the government advisory body, the Polish Economic Institute (PIE).

Polish firms receive EUR 12.9 billion under anti-crisis package

Over 325,300 companies employing 3.02 million people have so far received PLN 58.14 billion (EUR 12.9 billion) under the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR said on Monday.

Polish non-financial firms' net result up by 7.5 pct y/y in 2019

Polish non-financial enterprises increased their net financial results by 7.5 percent year on year to PLN 121.2 billion (EUR 26.9 billion) in 2019, the Central Statistical Office (GUS) said on Monday.

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
Culture | Life

Jerzy Skolimowski's ‘emotional’ road movie about a melancholic donkey is nominated for 2023 Oscars

Chosen alongside All Quiet on the Western Front, Santiago Mitre's Argentina 1985, and the Banshees of Inisherin, Skolimowski’s film is billed as a dark exploration of humanity, technology and nature.

The first report:

  • Polish PM tells French TV West should be bolder in supporting Ukraine
  • Biden may visit Poland according to US media reports
  • Polish armed forces recruit over 16,000 in 2022
  • EC approves Polish aid programme for tourist sector
  • Working from home saves Polish employees around 54 mins a day

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
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