Polish companies have provided more than 700 tons of equipment and materials to help Ukraine restore its energy infrastructure, the Ministry of Energy of Ukraine has said in a statement following a meeting of the Ukrainian-Polish working group on energy. “With the logistical support of Poland’s Government Agency for Strategic Reserves (RARS) and the assistance…
Poland’s unemployment rate remained unchanged MoM at 5.1% in October, the Central Statistical Office (GUS) reported. Economists polled by PAP also expected a 5.1% unemployment figure in October. The number of registered unemployed measured 796,000 in October against 801,700 in September, GUS also said. Earlier, the Family and Social Policy Ministry estimated October’s unemployment at…
LTG Link, the passenger transport subsidiary of Lithuanian Railways, will start offering new destinations to Poland from December 11. The daily train route will offer journeys to Warsaw, the Polish capital, and Krakow, the country’s second city, according to a press release. Trains between Lithuania and Poland will run on the route Vilnius-Kaunas-Warsaw-Krakow. The new…
Poland recorded a PLN 27.2-billion (EUR 5.79-billion) state budget surplus after the first 10 months of 2022, the Finance Ministry said. Poland’s budget revenue reached PLN 426 billion (EUR 90.67) in January-October and was PLN 20.3 billion (EUR 4.32 billion), or 5% higher compared to the same period of 2021, the ministry said in a…
The Polish Armaments Group (PGZ) and the firm Hyundai Rotem from South Korea will create a consortium to manufacture a Polish version of the Korean firm’s K2 tank. PGZ’s CEO, Sebastian Chwalek said that the consortium should be formed until the end of this month. Under a deal struck with Hyundai Rotem, Poland will buy…
Poland’s average corporate gross monthly wage rose by 13% YoY, to PLN 6,687.92 (EUR 1,418.78) in October, the Central Statistical Office (GUS) said on November 22. In monthly terms, the average wage remained unchanged. Economists polled by PAP expected a 14% annual increase in the corporate wage in October and a 0.7% increase from September.…
Poland’s national statistics office, GUS, wrote on November 22 that Poland’s industrial output rose by 6.8% YoY in October against an 8% annual growth expected in a PAP consensus survey. Compared to the previous month, it shows a decrease by 0.7%. Analysts surveyed by PAP expected a 0.2% monthly increase. Seasonally adjusted industrial output rose…