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The Warsaw Voice » Business » September 29, 2014
Business & Economy
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In Brief
September 29, 2014   
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More FDI
The Polish Information and Foreign Investment Agency (PAIiIZ) says it has helped bring 32 new foreign investment projects to Poland with a total value of over 1.7 billion euros since the beginning of the year. A total of 6,180 new jobs may be created in the country with these projects, the agency said. At the moment, the PAIiIZ says it is working to drum up a further 170 projects worth more than 3.2 billion euros and promising to create almost 37,000 new jobs. Most of the new investment is expected to come from the United States, followed by Germany, with the modern business services sector accounting for the largest number of projects.

Slower Business at Warsaw’s Chopin Airport
Warsaw’s Chopin international airport handled 1.1 million passengers in August, about 2.3 percent less than in August last year. Since the beginning of the year, the airport has handled 7.1 million passengers, including almost 6.3 million in international traffic. This last figure marks a 5.2 percent drop from the same period last year.

Work is under way to build a new terminal at the airport in a project that is scheduled to be completed by the end of the year.

New Lignite Mine in Western Poland?
Poland’s largest energy company, Polska Grupa Energetyczna, says it is interested in building a lignite mine and a power plant near the town of Gubin in western Poland. The mine project would get under way in 2018, and work to build the power plant would start around 2025 and end in 2030.

Profits Up for Banks
Poland’s banking sector—including branches of Polish banks abroad—posted a zl.10.5 billion net profit from January to July, according to the country’s Financial Supervision Commission (KNF). This marks a 9.6 percent increase from a year earlier.

Gross profit reached zl.13 billion and was 9.8 percent higher than a year earlier, the KNF said.
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