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The Warsaw Voice » News from April 11, 2017
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Polish purchase of the American Patriot anti-missile system, dubbed the "contract of the century", is worth approximately 30 billion zloty. However, there is still uncertainty as to when it will actually happen and whether the Polish armed forces will actually receive the hardware they were expectin
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Business
Raiffeisen Bank Polska, the Polish unit of Austria's Raiffeisen Bank International, plans shutting down 60-70 bank branches by 2018, transforming another 90 branches by 2019, and cutting 850-950 jobs, yielding at least PLN 200 million savings to end-2019 compared to 2016, the bank said in a market filing.
Business
Poland's largest coal miner PGG believes that, after merging with troubled rival KHW, its minimal goal should be to break even in 2017, but will strive to reach a "high" profit for the year, CEO Tomasz Rogala told Radio Piekary.
Society
The Polish government plans changes aimed at increasing the effectiveness of alimony payments collection.
Politics
Centrist opposition party Civic Platform (PO) may soon see its parliamentary caucus enriched by a few MPs from the rival opposition party Nowoczesna, unnamed PO leaders told PAP off the record. According to the Rzeczpospolita daily, two Nowoczesna MPs may defect to PO.
Business
Listed insurer PZU secured the anti-trust watchdog UOKiK's approval to buy a stake in Bank Pekao, meeting one of the conditions for the deal to go through, PZU said in a market filing.
Business
Power group Tauron is in "very advanced" talks with Polish development fund PFR over financing for its 910 MWe Jaworzno power block project and details could be known yet in April, CEO Filip Grzegorczyk told reporters.
Business
Poland could build its first nuclear power block by 2030 it improve its electricity mix, as it sees its cost as slightly lower than that for off-shore wind farms, Energy Minister Krzysztof Tchorzewski told wnp.pl industrial news website.
Politics
Main opposition party Civic Platform (PO) wants to take advantage of the momentum gained last week and is planning an offensive.
Politics
Poland has no chances of introducing a new system of command in the armed forces this year.
Business
Polish banks would suffer some PLN 9.1 billion cost from the presidential bill on partial return of FX spreads, vs. an initial estimate of PLN 9.3 billion, financial regulator KNF estimated for the lower house public finance committee.
Other
Top Polish officials including President Andrzej Duda, PM Beata Szydlo and governing party leader Jaroslaw Kaczynski have commemorated the 7th anniversary of the Smolensk plane crash that killed the then President Lech Kaczynski and 95 others.
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