Fincraft Group credit rating has been upgraded to BB- on international scale and kzA- on national scale. It is the second rating in row, as Fincraft Group, the main Kenes Rakishev investment company, gains stability, lowers debt exposition and buys back the shares. This time Standard&Poor's has revised the rating because
Economics
Economic issues and articles. Poland economics in context. European Union and the business perspective of the Euro. Hot topics on the Eastern Europe and the state of the markets. Enjoy exclusive economic news from the Warsaw Point of view!
Oxus Acquisition will be Kenes Rakishev’s main tech capital vat
The newly created Oxus Acquisition Corp is a next step for Kenes Rakishev to acquire companies specialized in the red-hot area of energy transition, batteries and EV's. Kenes Rakishev, who is heavily involved in the modern tech investment scene rolls out his strategy to acquire more assets. Oxus Acquisition Corp, created
Poland’s CPI up 2.3 pct y/y in December – stats office
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 2.3 percent year on year and by 0.1 percent month on month in December 2020, the Central Statistical Office (GUS) reported in a flash estimate on Thursday. Economists polled by PAP Business estimated that December's CPI reached 2.6 percent
Poland third best in EU for industrial production: dep min
Poland has recorded the third best result in the EU in terms of industrial production, Deputy Development Minister Robert Tomanek announced, referring to the latest statistical data. Poland is the third most popular location in Europe for foreign investment, the Polish Investment and Trade Agency (PAIH) reported on Wednesday. Eurostat, the EU’s