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NEWS

Polish LG factory produces 10 millionth LCD

Despite the global downturn, LG Display, a Korean LCD monitor producer, has been extending investment in Biskupice Podgórne (Dolny Śląsk). Several days ago a 10th million monitor was produced there.

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WSE MARKET SUMMARY

• Correction After A Long Rise - Monthly summary - 6.2009

June was a month with two faces on the WSE (and other stock markets around the world). The indices were rising in the first half of the month but ran into trouble in the latter half. There were probably different reasons why investors were selling stock, but the main reason seems obvious: the markets had been growing much too fast in the past months. Since oil and copper prices nearly doubled within four months while indices rose by 40–100 percent (WIG20 up by 65 percent) only because investors were hoping for the economy to improve (no one knows how much) by the end of the year, a correction was inevitable.
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BUSINESS

Gedia Assembly Polska expands activities in Kostrzyn SEZ

Gedia Assembly Poland starts production in the Nowa Sól sub zone of the Kostrzyn-Słubice Special Economic Zone. The company bought a 7.3 ha lot and plans to build a factory which would support car parts production.

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Polish LG factory produces 10 millionth LCD

Despite the global downturn, LG Display, a Korean LCD monitor producer, has been extending investment in Biskupice Podgórne (Dolny Śląsk). Several days ago a 10th million monitor was produced there.

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‘Poland has good development prospects’

- Poland, as one of few European countries, records economic growth. This is a sign of Poland’s economic strength and good prospects for development –Polish Deputy Prime Minister Waldemar Pawlak told a session in Warsaw of the OECD Working Party on Small and Middle-Sized Enterprises and Entrepreneurship.

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BPCC Public Projects Finance Forum

A public projects finance forum organized by the British Polish Chamber of Commerce held in Warsaw drew representatives of local authorities from across Poland as well as BPCC members from the construction, advisory and investment banking sectors.

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International Energy Agency head optimistic about Poland’s energy strategy

Global trends in the production and consumption of energy, and the Polish Energy Policy until 2030 were the main items of a meeting in Warsaw between Deputy Prime Minister and Minister of the Economy Waldemar Pawlak and Nobuo Tanaka, the Executive Director of the International Energy Agency.

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Modern wind park in Podkarpacie

Łęki Dukielskie in the Dukla commune hosts a modern wind park consisting of five 2MW wind turbines. The project was realized by Martifier Renewables of Portugal and is the most modern investment of the type realised in the South-East of Poland.

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Favourable outlook for construction in Poland despite the slowdown

Experts who took part in the meeting in Warsaw devoted to the investment climate in Poland at a time of economic slowdown claim that despite the effects of crisis felt in the sector, the outlook for the industry is good.

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Poland and Spain: major trading partners

Recent years have witnessed an increase in goods turnover though the rate at which Polish goods are exported to Spain has dropped due to the present economic slowdown and the related fall in internal consumption there.

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