Poland: PKN Orlen to build 76 SMRs by 2038

PKN Orlen, Poland’s state-owned oil and gas company, has “ambitious” plans to build 76 Small Modular (nuclear) Reactors (SMRs) in Poland until 2038, the company’s CEO has said. Daniel Obajtek made the announcement at a press conference on January 31 after signing a letter of intent on cooperation between Orlen and several Polish universities on…

Moldova: number of construction permits down in 2022

In 2022, 3,394 construction permits were issued for residential and non-residential buildings, down by 17.6% YoY. The data were presented by the National Statistics Bureau (BNS). In Chisinau, in 2022, 572 fewer permits were issued for the construction of residential buildings, which means a decrease of 33.8%. Regionally, the number of authorizations decreased in the…

Poland: IMF downgrades GDP growth forecast

The International Monetary Fund (IMF) has lowered Poland’s Gross Domestic Product (GDP) growth forecasts for this year and next. According to the IMF’s World Economic Outlook report published on January 30, Poland’s GDP is currently expected to grow by 0.3% in 2023, down from 0.5% predicted in the previous report issued in October 2022. In…