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NEWS
‘Talks with prospective investors: ISD Poland, the owner of Częstochowa steel-works and Mostostal Chojnice, manufacturer of steel constructions, on the restructuring programme of the shipyards are in an advanced stage’ – Aleksander Grad, Minister of the Treasury told TV CNBC on Wednesday – ‘The Treasury Ministry is working on an amended restructuring programme which would be accepted by the European Commission’.  >>
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BUSINESS
Lars Bosse, Director General of the Polish-German- Polish Chamber of Industry and Trade Commerce talks to Sandra Jacobson. >>
A modern Congress Centre to be built in Cracow
Cracow applies for EU funds to help in the construction of a modern Congress Centre. Recently two investment projects from Cracow entered the list of investments of key significance for Poland published by the Ministry of Regional Development. The projects concerned the development of the underground area of the Main Market Square and the construction of a tram connection to the Jagiellonian University Campus on the outskirts of the city.  >>
DisplayLink, a British IT company, decided set up its R&D centre in Katowice (Śląsk). The decision was determined by both the accessibility to well-educated and experienced cadre and the vicinity of dynamically developing academic centres. It is envisaged that the first stage of the centre’s development entails hiring round 70 Polish specialists. >>
In 2007 Polish production companies registered even better performance than in the previous year (profitability increased, costs index fell). The number of businesses operating on the Polish market increased. However, an essential problem which Polish companies still face remains the relatively low supply of labour. >>
The privatization of state-owned industry in Poland will be completed in the next four years under a special programme prepared by the Treasury Ministry, informed Treasury Minister Aleksander Grad. Grad said the government could earn from PLN 5 to 7 billion on the privatisation. >>
In 2007 Polish production companies registered even better performance than in the previous year (profitability increased, costs index fell). The number of businesses operating on the Polish market increased. However, an essential problem which Polish companies still face remains the relatively low supply of labour. >>
Monthy Python’s Cleese promotes Polish bank
Monthy Python and “Fish Called Wanda” star John Cleese has been invited by the Polish WBK Bank and arrived in Warsaw to shoot another commercial. The first WBK commercial advertising cash loans shot by John Cleese in Hollywood broke popularity records: during the first week it was watched 125,000 times on youtube.com, becoming the most watched Polish commercial ever. It was also carried by significant news channels.  >>
The creation of an overland railway link between China and Europe offers Poland a grand opportunity, with railway transport taking only half the time of maritime transport. It now seems quite likely that the Sławków Euroterminal will finally accept that great opportunity. >>
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