Local Polish Town Desperate to Keep Hands on Copper Major
The town councillors of Lubin, where Polish copper miner KGHM Polska Miedz SA is headquartered, have passed a resolution authorizing the town’s mayor to buy KGHM shares, a spokesman for city hall said Thursday. Some see the move as a desperate attempt by local politicians to show they are “doing something” to fight the Finance Ministry’s soon-to-be-enacted tax on copper and silver extraction, while others say it’s a perfectly rational move. Continue reading
Polish Manufacturing Expands First Month in Three on Orders
Polish manufacturing grew for the first time in three months in January, dashing forecasts of a contraction, as a weaker zloty buoyed new export orders while pushing input price inflation to the fastest in nine months. Continue reading
Poland orders new helicopters, upgrades
AgustaWestland’s subsidiary in Poland will supply the Polish air force with four new helicopters and will upgrade 14 other aircraft.
The contracts received by PZL-Swidnik from the Polish Ministry of National Defense are worth more than $114.5 million. Continue reading
Chinese acquire Polish mining wheel loader/dozer manufacturer
LiuGong Machinery, the Chinese quarrying and mining equipment manufacturer based in Liuzhou, has finalised an agreement to acquire Poland’s Huta Stalowa Wola (HSW) and its distribution subsidiary Dressta, which is a well known brand for large dozers and wheel loaders used in mining. The agreement was signed by both companies’ executives in Warsaw. Dressta models include the 5.7 m3 bucket 560E wheel loader and the 68 t TD-40E crawler dozer. Continue reading
Philips on trial for bribery in Poland
Three Philips employees including the former director of Philips Poland are appearing in court next month. They are accused of bribing Polish hospital managers to buy all their medical equipment from the Dutch multinational. Continue reading
China buys into Polish bulldozers
One of the biggest deals yet by a Chinese company in Poland is nearing completion, with negotiations between Guangxi LiuGong Machinery and Huta Stalowa Wola (HSW) expected to be completed within two months, according to the Polish company.
The sale of part of the assets of state-owned HSW is expected to fetch more than 250m zlotys ($94m), according to the Rzeczpospolita newspaper. The plan is for the Chinese machinery company to ramp up production of bulldozers at HSW’s plant in eastern Poland. Continue reading
Tea made in Poland! Perish the thought
With Twinings moving production of its tea from North Shields to Poland, what would Rudyard Kipling’s imperial pioneers think? Continue reading
Twinings tea moves to Poland
The iconic British tea company, Twinings of London, is sacking staff in the UK – and moving its production to Poland.
And to add insult to injury, 263 workers who are losing their jobs at its North Shields factory have… Continue reading
Okazja! (That’s Polish for ‘bargain’)
Admittedly, it sounded a bit far-fetched. Rebuilding your house with British-based Polish builders is one thing. But actually flying out to Warsaw to source the hardware yourself? Much cheaper, I was assured by Eliza Ganko, my Polish neighbour. What is? Everything. “You can get the same products, but cheaper,†she said. “Baths. Basins. Taps. Tiles. Everything but paint. And door handles.†Continue reading
Black Hawk helicopters manufactured in Poland
The first Black Hawk S-70i helicopter was manufactured in Poland.… Continue reading
