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Investment

New geothermal energy plant ‘a civilisation leap’, says town mayor as he leads the way in renewable energy

Koło mayor Dr Krzysztof Witkowski (top left) said the new investment “is a resignation from coal, and thus a reduction of CO2 emissions.” LM.pl

Touted as leading example of successful renewable energy strategies, the town of Koło will see the building of a geothermal well and an associated geothermal energy plant, which will move the town away from its dependence on coal and help to improve the town’s air quality.

Poland earmarks over EUR 1.5 bln for upgrading hospitals

The Polish government will invest PLN 7 billion (EUR 1.54 bln) in improving the country's hospitals, Prime Minister Mateusz Morawiecki said on Tuesday.

Poland among top 20 destinations for investment in life sciences

Poland is among top 20 countries for investment in life sciences, like biotechnology, genetics and pharmaceutical chemistry, according to a report by a global real estate and investment company.

German automotive seating systems company set to build plant in Poland

The German company, Isringhausen, will invest over PLN 34 million (EUR 7.4 million) to build a plant in Ujazd, south-central Poland, that will produce car seats and springs, announced the Katowice Special Economic Zone (KSEZ) on Wednesday.

Commercial real estate investment in Poland down in H1

Investment in commercial real estate in Poland in the first two quarters of the year fell EUR 0.9 billion, year on year, to EUR 2 billion, according to a report published by real estate consultancy firm CBRE published on Tuesday.

Poland-led regional investment fund amasses EUR 1 bln

The Three Seas Fund, an investment vehicle initiated by the Polish state-owned development bank BGK, has collected EUR 1 billion in funds that can be used for energy and infrastructure investments in Central and Eastern Europe, the BGK CEO has told PAP.

EC approves EUR 92 mln rolling stock investment in Poland

The European Commission on Thursday approved a EUR 92 million investment into Polish rail carrier PKP Intercity's rolling stock, to be financed from the EU's structural funds.

Poland fifth place globally for greenfield investments in 2020 - report

Poland is the fifth globally with regard to the value of greenfield investment projects announced in 2020, according to a report by the United Nations Conference on Trade and Development (UNCTAD).

Polish capital at the core of New Deal investment programme says PM

The prime minister wants to put investment using Polish capital at the heart of a modernisation programme included in the government's New Deal.

FDI inflow to Poland down in 2020

The flow of foreign direct investment into Poland decreased year on year in 2020, UNCTAD has reported, adding that global FDI flows are under severe pressure this year as a result of the Covid-19 pandemic.

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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
Culture | Life

Netflix braces itself for national backlash from diehard fans over its remake of legendary film Znachor

In anticipation of reaction to its modern-day take on the 1982 classic about an outstanding surgeon who loses his memory following an attack, Netflix posted on social media: "Ladies and gentlemen, Your Honour, this is Leszek Lichota as Rafal Wilczur. Znachor is coming to Netflix in the second half of the year."

The first report:

  • Russian and Belarusian Olympic ban needs discussions says foreign min
  • Armed forces get new commander
  • Poland should boycott Olympics if Russians, Belarussians take part
  • German air defence system in eastern Poland is now operational
  • Poland, Baltic states condemn IOC over Russian, Belarusian athletes

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.

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