The Krakow-Balice Airport, in southern Poland, has serviced 7 million passengers since the start of the year and expects to handle another 2 million until the year’s end, the CEO of the airport has said. Radoslaw Wloszek said that this was the third time in airport’s history that it had exceeded the threshold of 7…
Baltic Hub celebrated handling of 20 million TEUs (20-foot containers), confirming its position as the largest container terminal in the Baltic Sea, according to the company’s release. Since its inauguration in 2007, Baltic Hub has handled more than 20 million TEUs. The transshipment of the 20-millionth container, owned by the Danish shipowner MAERSK, was reported…
The Polish Nuclear Power Stations (PEJ) company signed an agreement on September 27 with the Westinghouse-Bechtel consortium for the design of the country’s first nuclear power plant. The contract was signed at a special ceremony in Warsaw attended by Mateusz Morawiecki, the prime minister, and US Ambassador to Poland Mark Brzezinski. Poland has decided to…
The National Bank of Poland (NBP) will keep its medium-term target range of inflation at 2.5% plus or minus 1% in 2024 and does not rule out interventions on the FX market, NBP has said in the monetary policy guidelines for 2024. In 2024, NBP will keep the same set of monetary policy measures as…
Poland’s unemployment rate should fluctuate only slightly until November, but might rise from the current 5% to 5.5% at the start of 2024, a government-affiliated economic think-tank said on September 25, commenting on August’s unemployment figures. The Central Statistical Office (GUS) reported that unemployment in August remained unchanged from July at 5%. “We expect a…
US companies Westinghouse and Bechtel have signed a consortium agreement to build Poland’s first nuclear power plant, the companies have announced. The agreement envisages a formal partnership between the two companies in the design and construction of the first Polish nuclear power plant to be built at the seaside location of Lubiatowo-Kopalino, and consist of…
An extension of the mortgage moratorium will be one of the Law and Justice’s (PiS) first initiatives in the Sejm, the lower house, after the elections, Mateusz Morawiecki, the Polish prime minister, has said. Poland goes to the polls on October 15, and just who will win remains unclear. The Polish government brought in the…