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State Treasury

Son of Polish WWII hero sues for EUR 5.5 mln compensation

Pilecki in the dock during his show trial in 1948. PAP

The son of war hero Witold Pilecki has brought a legal case against the State Treasury for PLN 26 million (EUR 5.53 million) for the harm his father suffered under communism.

State Treasury to take over Europe's biggest coal miner

Poland's State Treasury will buy out shares in the Polish Mining Group (PGG), Europe's biggest coal mining conglomerate, from four shareholders in which the Treasury has stakes.

Poland's 2021 GDP worth EUR 560 billion

According to initial estimates, Poland's 2021 GDP was valued at PLN 2.62 trillion (EUR 560 billion) the Central Statistical Office (GUS) reported on Thursday.

PKN Orlen oil and gas giant to take over Lotos and PGNiG in share swap deal

Oil and gas group PKN Orlen will take over its peer Lotos and natgas group PGNiG by issuing new shares to be acquired by Lotos and PGNiG shareholders, the companies said in parallel market filings after striking an agreement with the State Treasury.

Polish Treasury debt at end-Feb. rises by 3.0 pct m/m

Polish Treasury debt at the end of February rose by PLN 32.6 billion (EUR 7.08 billion), or 3.0 percent month on month, to about PLN 1.122 trillion (EUR 243 billion), the Finance Ministry said.

Polish State Treasury debt at EUR 242.7 bln in January

At the end of January 2021, the Polish State Treasury debt reached PLN 1.098 trillion (EUR 242.74 billion), up by PLN 0.9 billion (EUR 199 million) or 0.1 percent from December 2020, the Finance Ministry has reported.

Restaurant sector lobby to sue State Treasury - press

About 200 hospitality sector companies plan to join a class action lawsuit against the state owing to losses run up under lockdown restrictions.

Polish State Treasury debt at EUR 242.6 bln at end of December

The Polish State Treasury debt at the end of December 2020 reached PLN 1.09 trillion (EUR 242.6 billion), up by PLN 7.3 billion (EUR 1.6 billion) or 0.7 percent from November, the Finance Ministry has reported.

Polish gov't to buy out nuclear power project venture

The State Treasury is to purchase 100 percent of shares in Poland's special purpose company PGE EJ1, owned by three power firms PGE, Enea and Tauron, and copper company KGHM. PGE EJ1 is to prepare the design and construction of the country's first nuclear power plant.

PKN Orlen fuel concern to take control over gas giant PGNiG

Poland's largest fuel company PKN Orlen has signed a letter of intent with the State Treasury to gain control over the country's gas monopolist PGNiG, PKN Orlen said in a Tuesday statement.

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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.

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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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