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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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ECONOMY

Enough money for renewable energy

“We have already secured over PLN5 billion for the partial funding of investment in renewable energy sources in the coming five years. It will enable us to carry out projects worth some PLN15 billion. It will be a large and attractive market,” says Prof. Maciej Nowicki, Polish Minister of the Environment.

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We have saved Poland

Poland used to be one of Europe’s most heavily polluted countries. As much as 30% of its population lived in ecologically threatened areas, where pollution norms were exceeded many times over. 20% of the population lived in areas affected by acid smog in the winter.

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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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SCIENCE

World-class research

“The Central Mining Institute (GIG) is an exception among Polish research institutions. This is mostly because of the research and engineering fields it deals with, as well as the fact that GIG has full academic rights in two disciplines: mining/geo-engineering and environmental engineering”, GIG head Professor Józef Dubiński tells Polish Market.

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Wroclaw IT wizards and engineers in demand

Two international IT companies, Capgemini and Opera, are interested in co-operation with research workers and designers in the south-western Polish Wrocław. The Wroclaw University of Technology enters into co-operation with Volvo. Thanks to the scheme solutions developed by scientist will now be applied in real-life business.

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CULTURE

Heineken Open’er Festival 2009

The Heineken Open’er Festival kicks off tomorrow on an airfield near Gdynia on the Baltic coast. Held for the 8th time the Festival will last until Sunday.

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Lament and Prayer

100 renowned cantors form the US, Israel and other countries are to perform at the National Opera in Warsaw on June 30. They will be accompanied by the National Opera Choir and Orchestra and Alla Polacca Children’s Choir.

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PRESS RELEASES

Cushman&Wakefield: Polish shopping centre market constrained by restricted availability of finance

n Q2 2009 the Polish shopping centre market was a period characterised by the renegotiation of terms with financial institutions, search for strategic investors and launch of recovery programmes, according to the Cushman&Wakefield Shopping Centre Market Quarterly Snapshot.

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Emerging markets at a time of global downturn

Mark Mobius, regarded by many in the financial world as one of the most successful emerging markets investors over the last 20 years, gave a presentation entitled “Role of Emerging Markets at the Time of a Global Downturn.” at the Warsaw Stock Exchange.

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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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BLOG

De Tocqueville's Poland

Twenty years since the big move to democracy and the nation is taking stock. A bit unfortunate that the commemoration falls at the culmination of the European parliamentary elections. From the glimpses I catch, the focus is on recollection of the turning points, and the assigning of blame or the claiming of credit.

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