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BUSINESS

Olsztyn to have a Technology Park worth PLN 71 million

Olsztyn City Council will allocate nearly PLN 71 million to the creation of a technology park at the Skanda lake.

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Poles on Forbes’ richest list

The fortune of Poland’s 100 richest people grew by 40% last year and the top 5 made it to the prestigious Forbes 100 world’s richest people list.

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Poland’s server market dropped

Over 43,000 servers worth almost USD 212 million were sold in Poland in 2009, a study by IDC Polska shows. This represents a 34% drop in value y-o-y.

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Lotos to launch oil extraction in Norway

Poland's second-largest refiner, the Lotos Group, will begin oil extraction from the Yme oil fields on the Norwegian continental shelf in July this year and plans to further develop extraction projects, Lotos' strategic director Bogdan Janicki told a press conference on Wednesday.

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Good prospects for Polish car manufacturing plants

Polish car manufacturing plants have an edge over competition owing to the fact that they produce small and mid-size cars, Rzeczpospolita daily reports. The presentrecovery should boost their sales.

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Polish airports boost investment

Eight largest Polish airports between them plan to invest approximately PLN 4.6 billion until 2015, Rzeczpospolita daily reports.

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Aurelian Oil & Gas acquires funds for oil and gas exploration

Aurelian Oil & Gas has acquired EUR 39 million from share issue for oil and gas exploration in Poland, Pb.pl reports.

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Entrepreneurs from Eastern Poland at food sector trade fair in Singapore

The Polish Information and Foreign Investment Agency has launched a contest for entrepreneurs from Eastern Poland active in the food sector to participate in a mission to the international trade fair Food and Hotel Asia 2010 in Singapore. The mission will take place April 18-25, 2010.

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