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NEWS

Four Polish cities confirmed as Euro 2012 sites

Four Polish cities: Warsaw, Gdansk, Poznan and Wroclaw have been confirmed by UEFAas venues that will host Euro 2012 football championship games. However, Ukraine’s hopes for co-hosting the championship on an equal footing with Poland were dashed when UEFA only approved the capital Kyiv.

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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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EURO 2012

G5 for closer cooperation between cities and government

Marcin Herra, President of PL.2012, has told the Polish Press Agency that the establishment of the G5 group composed of the host cities responsible for the organization of EURO 2012 Championship and representatives of the government is a form of tightening the co-operation.

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Tender for A4 motorway section

The Rzeszów-based division of the General Directorate for National Roads and Highways (GDDKiA) has announced a tender for the construction of two sections of the A4 Tarnów-Rzeszów highway totaling 64 km: the Krzyż junction - Dębica Pustynia junction section and the Dębica Pustynia junction - Rzeszów Zachodni junction section.

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No cut-downs on Euro 2012 projects

The Polish Minister of Sport has guaranteed that no expenses related to preparations to EURO 2012 will be cut down. "Regarding Euro 2012 all the investments that are extremely important and require strict discipline when it comes to schedules and finances, have the funds guaranteed", Drzewiecki told Polsat News.

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Drzewiecki: I believe in the project’s success

Polish Minister of Sports and Tourism Miroslaw Drzewiecki told a discussion panel in Warsaw devoted preparations for Euro 2012 that he believes in the success of the project. He said that preparations are being made according the plan, in line with the assessment of the status of the works by UEFA's Executive Committee which on 13 May took its final decision to nominate four Polish cities to be the host cities for Euro 2012 tournament matches.

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Gdansk Arena foundations are laid

Preparatory work has got underway for the placing of foundations in Gdańsk stadium for the Euro 2012 Championship. The stadium is scheduled for completion in January 2011.

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Roof construction over Poznan stadium begins

What is described as the most difficult stage of the modernisation of the Municipal Stadium in the mid-western city of Poznań - roof construction has got underway. Sports activities on the pitch are therefore suspended for a period of four months. The main bearing structure of four trusses weighing nearly 4,000 tones will rest on supporting shanks which are now embedded in the corners of the stands. The trusses will be lifted using specialist equipment and temporary towers will be erected to facilitate the installation.

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Construction of Gdansk Arena gets underway

A consortium of Hydrobudowa and Alpine has started the construction of a platform of the stadium’s VIP section, the first stage in the implementation of the Gdansk Arena stadium on the Baltic coast. Drainage work this sector wascommenced.

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PLN 315m for strategic investments this year

The Polish Sports Ministry is to spend PLN 315m on strategic investments in 2009, including new projects, Deputy Minister Tomasz Półgrabski said.

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