OPEC’s Loss Is Poland’s Gain as Shale Boom Tames Inflation

North America’s shale industry may be the swing producer in the oil market, but it’s becoming a dominant factor across the Atlantic for eastern Europe’s biggest importer of energy, Bloomberg reports. OPEC’s loss of its pricing power, combined with cost reductions and advances in extraction technologies, have resulted in an “important

Poland’s Play to float in Europe’s largest telecoms IPO for 5 years

Valuation of offering by country’s second-largest operator set to exceed €3.5bn, say analysts. Poland’s second-largest mobile phone company is to float on the Warsaw stock exchange, in what is expected to be Europe’s largest telecoms IPO in five years, Financial Times reports. The initial public offering of Play Communications would be

Russia’s ‘Threat’ to Poland Could Mean Profit for General Dynamics

Three years after Russia invaded Ukraine and annexed Ukrainian Crimea -- then launched incursions into eastern Ukraine as well -- neighbors are still nervous that President Vladimir Putin's tanks could one day move even farther west. Take Poland, for example. The shortest route from Russian-occupied Crimea to the Polish border still

Romania and Poland shows lowest food prices in the EU

Food and non-alcoholic beverage prices in Romania and Poland reached 62% of the EU average in 2016, according to data released yesterday by EU’s statistics office Eurostat. The two countries had the lowest food prices among the EU member states last year. At the other end, Denmark had the highest prices for

Espersen plans big investment in Poland after deal for Royal Greenland plant

Denmark-based A.Espersen is planning to invest in renovating an area in the plant it is acquiring from Royal Greenland in Poland, to accommodate the production from a factory in its home county that is to close. Undercurrent News reports. The Royal Greenland plant, which is right next to Espersen’s own factory

Poland plans more regulations for Uber

Poland may impose more regulations on ride-hailing giant Uber [UBER.UL] while softening the rules for granting taxi licences in an attempt to find a compromise after protests by taxi drivers, Deputy Prime Minister Mateusz Morawiecki said, according to NY Times. Last week, thousands of cabs blocked streets of Poland's biggest cities

Poland Concerned About Rising Protectionism in Europe After Macron Win

Poland warned on Monday against rising protectionism in Europe after a decisive victory for French President Emmanuel Macron's party in the first round of parliamentary elections. Macron has called for a "protection agenda" for the European Union that includes a "Buy European Act" and regulations to prevent strategic companies from falling

First U.S. Natural Gas Shipped to Poland

On Thursday, the first ever liquified natural gas shipment from the United States arrived in Poland, a landmark of sorts in Europe’s continuing drive to diversify the sources of its energy imports. The gas came from an export terminal in Louisiana that was first out of the gate to exploit

Skoda starts car-sharing programme in Poland

Pol-Mot Auto, a Skoda dealership in Poland, will operate the service locally. Piotr Maj, Škoda Digitalisation Manager, said: "With car-sharing continuing to gain momentum as a means of convenient and affordable transportation we are looking to meet this demand with innovative mobility as a service offerings. With the Omni programme,

Ukraine, Poland Plan Gas Hub To Cut Russian Dominance

Poland and Ukraine plan to develop a regional gas hub on the Poland-Ukraine border that would supply the region with gas other than Russia’s, in a bid to end Central and Eastern Europe’s dependence on Russian gas and have prices aligned to European standards, OilPrice.com reports. Polish and Ukrainian government officials