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NEWS

A huge merger in the Polish internet market?

Russian DST, who controls 75% of Nasza-Klasa.pl, Poland’s largest social networking site, is in talks concerning a merger with South African Napsers, who controls Gadu-Gadu, online communicator, Gazeta.pl reports.

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WSE MARKET SUMMARY

• International Week In Brief - 16.01.2010

Last week on the WSE was very sleepy. The upward break of early January did not continue; WIG and WIG20 were consolidating right above the three local highs of Q4 2009; the bulls were unwilling to move and the bears were similarly slow. As a result, the market has been standing still for some two weeks.
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ECONOMY

World Bank: Poland has strong fundamentals

Against the backdrop of a slow recovery of the world economy, Poland emerges as one of the few European and Asian countries that got through the recession without going into negative growth. That is an enormous achievement, according to a World Bank report unveiled in Warsaw, as Polish Market’s Jolanta Wolska reports.

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Lack of agreement binding after 2012

Addressing an interntational conference in Warsaw on January 28 entitled ”The Newest Dimensions of Climate Policy”, undersecretary of state at the Ministry of the Environment Bernard Błaszczyk expressed the view that the European Union’s more ambitious targets may not encourage other countries to follow suit.

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BUSINESS

Windmills over coal

What happens if a major brown coal deposit becomes exhausted? According to experts, renewable energy options are endless. „Why not an ecological strip mine?”, Dariusz Orlikowski, President of the Adamów SA Brown Coal Mine asks in the following remarks for ‘Polish Market’.

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Poland like Texas?

The last two years have seen a dramatic increase in interest in unconventional natural gas deposits on the part of global petroleum corporations. Can the gas trapped in rock offer a new potential to Poland as well? There are many signs indicating that this indeed is the case.

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SCIENCE

Supernova hunt

Polish internet users have actively joined a global hunt for supernovae, the spectacular explosions that end the life of big stars. This is another phase of the international social scientific programme “Galaxy Zoo”, in which Poland is participating. So far 20 000 Poles have declared, that they will help explore the universe.

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Polish-Swiss research project is launched

The Polish-Swiss Research Programme (PSPB) was inaugurated on January 14. The Programme is aimed at developing knowledge-based economy through Polish-Swiss research projects. Its total value, available for jointly-impolemented research projects, amounts to CHF 26 million.

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CULTURE

Jazz in Bielsko Biala

Jazz in Bielsko Biala

The Lotos Jazz Festival – the 12th edition of Bielska Zadymka Jazzowa, one of the most popular jazz festivals in Poland, kicks off today. The highlight of the event will be a performance by legendary American pianist McCoy Tyner, former member of John Coltrane's Quartet, accompanied by saxophone player Gary Bartz (Feb.4).

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Polish documentary nominated for Academy Award

A nomination for the Academy Award for Polish documentary ‘Rabbit à la Berlin’ by Bartek Konopka, in the short films category, has been announced in Los Angeles.

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PRESS RELEASES

GTC Chairman Eli Alroy to receive CEEQA Lifetime Achievement Award

The organisers and jury of the 7th annual CEE Real Estate Quality Awards are pleased to announce that Eli Alroy, the driving force and Chairman of the Supervisory Board of GTC [Globe Trade Centre SA], will be invited to receive the CEEQA Lifetime Achievement award for outstanding and durable contribution to Central & Eastern European real estate.

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Hungarian Concorde Securities becomes a member of NewConnect market

Effective from 22 January 2010 Hungarian Concorde Securities Ltd. with a registered office in Budapest is a member of NewConnect market on the Warsaw Stock Exchange. It is the first Hungarian financial institution that became a member of Warsaw alternative market and the 30th entity overall with that status.

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EURO 2012

New contractor takes over Warsaw Euro 2012 stadium construction

The Wroclaw 2012 company in south-western Poland has initiated the procedure of handing over the construction site of a stadium developed for the European Football Championship EURO 2012 to a new contractor - German firm Max Boegl.

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BLOG

Poland still leads the way

Another quarter, another bright green Poland on a red map of Europe. Another quarter of hearing the government's top brass spell out their recipe for success.

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