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The Warsaw Voice » Business » August 1, 2014
In Brief
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Half of Poles Want Euro
August 1, 2014   
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Forty-eight percent of Poles believe Poland should adopt the euro, according to a survey by the TNS Polska polling company. Forty-two percent are against the single European currency and the rest are undecided. Nineteen percent of respondents said Poland should not adopt the euro sooner than in 10 years, while 13 percent of respondents believe the switch should take place in six to 10 years from now. Fourteen percent of respondents would like it to happen over the next five years.

VW Builds New Factory
German car corporation Volkswagen will start building a zl.800-million car factory in Wrze¶nia near the western city of Poznań in the autumn. Construction work is scheduled to be completed in 2016. The factory will produce 100,000 VW Crafter vans a year. It will provide jobs for 2,300, increasing Volkswagen’s work force in Poland to a total of 10,000.

Volkswagen is also planning to enlarge its factory in Poznań’s Antoninek district, where it will most likely start producing a new generation of the VW Caddy van. Last year, the factory in Antoninek rolled out over 170,000 vehicles.

EIB Loan for Warsaw
The European Investment Bank (EIB) has granted Warsaw a long-term loan of 240 million euros to help the city carry out its investment plans for 2014-2019. The money will be spent on the modernization of the local transportation infrastructure (a new beltway around the downtown area and new bicycle trails), education, healthcare, social welfare and public areas, including city parks. Part of the EIB loan will be spent on redeveloping promenades along the Vistula River, complete with walkways to the historic Old Town quarter and an improved flood protection system.

National Stadium Starts Making Money
The National Stadium in Warsaw generated an operating profit of almost zl.2.5 million in the first half of this year, according to PL.2012+, the company that manages the facility. This is the first time the stadium has made a profit, meaning that from now on taxpayers will no longer be paying for its upkeep.

The National Stadium was built in 2008-2011 especially for the Euro 2012 European soccer championships that Poland hosted jointly with Ukraine. The stadium cost over 500 million euros.
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