The demand from individual investors far exceeded the availability of shares and while 9.2 million shares were available, raising 400 million PLN, there was demand for 2.65 billion PLN worth of shares.
The new funding will go towards building the Harmony Link cable which will support the development of energy infrastructure in the region, becoming a building block for an offshore grid in the Baltic Sea.
Foreign Direct Investment (FDI) inflows into Poland fell by 28 percent in 2019 to PLN 41.67 billion (EUR 9.3 billion) the National Bank of Poland (NBP) has reported. Polish direct investment abroad stood at PLN 5 billion (EUR 1.11 billion) in 2019.
Polish President Andrzej Duda received Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah Al Saud on Wednesday to discuss economic cooperation, investment and Middle Eastern regional affairs, the President's Office announced in a statement.
The Polish government readies more than 20 tax and regulatory changes and simplifications to help attract capital to Poland and support development and foreign expansion of domestic businesses, the daily Dziennik Gazeta Prawna (DGP) reported on Wednesday.
The Lodz economic zone has attracted more than PLN 1 bln (EUR 228 mln) in 20 investments this year despite the coronavirus pandemic, the Puls Biznesu broadsheet wrote in its Friday edition.
Using a chatbot helps patients diagnose their problems before seeing a doctor.
Gazing right onto the ocean, the complex will allow guests direct access to the beach and will include state-of-the-art spa and conference facilities. Grzegorz Kawecki, Vice President of the Management Board of Marvipol Development SA said: “The premium hotel market is developing dynamically in Poland, which is why we have decided to cooperate with a strong, recognizable brand with a global reach, which is Mövenpick.”
Twenty farm-scale biogas plants based on innovative Polish technology, which will allow agricultural substrate management and their conversion into electricity and biomethane will be built under a letter of intent signed at the agriculture ministry on Wednesday.
The only building to remain standing on Wrocław’s Słodowa Island at the end of WWII, architects made sure they stayed respectful to the building’s history while ensuring it had a modern, up-to-date feel too.