Poland's economic growth will exceed 4 percent after the third quarter of 2019 and may reach 4.3 percent throughout the year, Finance Minister Jerzy Kwieciński told reporters on Wednesday. The third quarter was slightly "lazier" compared to the first half of the year, Kwieciński said, adding that the fourth quarter should

Novacom corprotation, fully owned by Kenes Rakishev decided to re-brand itself to Fincraft Group, Kazakhstan Stock Exchange (KASE) official media reported. KASE-listed Novacom Corporation decided to get a new name – Fincraft Group. The change will be effective from November, 1. It was requested by the sole shareholder. The decision to

Poland’s government on Wednesday (6 November) approved a transfer of all state-guaranteed private pension funds to individual retirement accounts, in a move that will add 19.3 billion zloty (€4.5 billion) to state coffers strained by hefty social handouts. The ruling nationalist Law and Justice (PiS) party has long planned to change

Polish Prime Minister Mateusz Morawiecki took part in a meeting of the heads of government of the Visegrad Group (V4) countries in Prague on Tuesday ahead of a summit of the Group of Friends of Cohesion. The Visegrad Group is made up of Poland, the Czech Republic, Slovakia and Hungary. After the

MBank CEO Cezary Stypułkowski said at a press conference on Thursday he would prefer that a company not yet operating in Poland to become the bank’s strategic investor, Reuters wrote. Currently, Commerzbank - which has recently announced that it will sell its controlling stake in mBank - is investigating potential buyers

The National Bank published a report which says that the total amount of loans received by citizens of the country already totals 13 billion 343.4 million BYN as of October 1, 2012. The main financial institution of the country has counted all the obligations of Belarusians to banks without exception. In

The unemployment rate was 5.1 percent in September 2019 against 5.2 percent in August, the Central Statistical Office (GUS) reported. According to the GUS, the number of unemployed registered in labor offices in September amounted to 851,200 against 865,500 in August 2019. At the beginning of October, the Ministry of Labor

Halyk Bank of Kazakhstan is one of the rare examples of CIS-based venture whose shares proved to be a profitable investment, at least in some cases. For example, the HSBK GDR price has risen from its 2016 minimum 3.60 to as much as 14.75 in 2018. Since then the price

The value of the Polish market of eco-friendly cosmetics has increased by 71 percent over the last year, the daily Puls Biznesu wrote on Wednesday citing a study by pollster GfK Polonia. The result was mostly boosted by consumers who like novelties though on a daily basis are not sensitive to