Poland’s manufacturing sector contracted at a faster pace in September, data from a survey by Markit Economics showed Monday. Continue reading
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 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
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
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
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
One of the biggest deals yet by a Chinese company in Poland is nearingÂ completion, with negotiations between Guangxi LiuGong Machinery andÂ Huta Stalowa Wola (HSW) expected to be completed within two months, according toÂ the Polish company.
The sale of part of the assets of state-owned HSW is expected to fetchÂ more than 250m zlotys ($94m), according to the RzeczpospolitaÂ newspaper. The plan is for the Chinese machinery company to rampÂ up production of bulldozers at HSWâ€™s plant in eastern Poland. Continue reading
With Twinings moving production of its tea from North Shields to Poland, what would Rudyard Kipling’s imperial pioneers think? Continue reading
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