Members Area

http://www.weather.com/weather/local/PLXX0028

CULTURE

Polish architects voted best

Kwadrat Architectural Studio in the Baltic city of Gdynia has won an international competition for the design of a World War II Museum in Gdansk. The Gdynia-based studio beat 128 competitors. The construction of the museum is to start in 2012. The official opening ceremony is planned for September 1, the 75th anniversary of the outbreak of WWII.

Sinfonia for Warsaw

The internationally acclaimed Polish symphonic orchestra - Sinfonia Varsovia and Sinfonia Varsovia Foundation invite for the 10th “Sinfonia Varsovia for Its City” Festival in homage to Franciszek Wybrańczyk. This year’s edition, on from 4 to 19 September, will feature 2 symphonic and 21 chamber music concerts.

Polish design for children

Dziecinada – Polski dziajn dla dzieci, an exhibition presenting the most interesting designs for children will open on 4 September in the Regional Museum in Stalowa Wola, near Warsaw. The exhibit will be on till 17 October.

Poland celebrates 30th ‘Solidarity’ anniversary

Events marking the 30th anniversary of establishing the Solidarity movement are taking place throughout Poland. Major artistic events are ahead of us.

Festival of Lights

The second edition of the International Festival of Lights Skyway is on in Toruń, the hometown of one of the greatest astronomers in the world, Mikołaj Kopernik. Toruń’s Old Town will be transformed into a gigantic, artistic Solar System.

Poles produce an American film

Alvernia Production and Alvernia Studios, part of the first post-war Polish private film production studio, have started work on the Polish-American co-production “Vamps”.

Lodz of four cultures

The Festival Łódź of Four Cultures will take place on September 14-18 and will replace the Dialogue of Four Cultures Festival held in Łódź since 2002. The role of the event will remain the same - to present the cultures which created the industrial power of former Łódź: Polish, Jewish, German and Russian. The credo of this year’s edition of the Festival is ‘Returns’.

Coke Live Music Festival in Krakow

The 5th edition of Coke Live Music Festival is about to kick off. The event will bring concerts from Muse, Chemical Brothers and others. The festival will take place at an airfield of the Polish Aviation Museum in Krakow on August 20 and 21.

Polish Market

ECONOMIC MONITOR

download pdf

• ● In December 2009 and January 2010, as in previous months in the second half of 2009, the Polish economy stood out against other countries in terms of GDP growth. Poland’s economic growth was higher than projected and higher than in other European countries.
read more »

• In 2009 construction output increased by 3.7%.
read more »

• Retail sales increase in most product groups.
read more »

• On the Warsaw Stock Exchange, stock prices were very volatile in January 2010.
read more »

• At the end of December 2009 the registered unemployment rate (claimant count rate) amounted to 11.9% versus 11.4% in November.
read more »

• At the end of January the president signed the 2010 budget bill into law. The bill was adopted by the parliament on December 18.
read more »

• In the fourth quarter of 2009 the Polish economy turned out to be more resistant to the global crisis than had been projected and than the economies of Polish neighbours, something which boosts optimism in forecasts for 2010 and the next years.
read more »

PODCAST

• Why do Israeli property developers pick Poland?

• New Polish president’s economic priorities

• Storm over homoerotic art show at Warsaw’s National Museum

• Poland’s new president Bronislaw Komorowski: a pragmatic, pro-business, euroenthusiast

• Poland and OECD innovation strategy

• How to make the Polish economy more innovative?

COMING UP

18th International Defence Industry Exhibition >>

WEEKLY MARKET ANALYSIS

Retail sales up again in June
Retail sales growth in nominal terms accelerated in June to 6.4% y-o-y from 4.3% y-o-y in May. The increase was higher than expected. In real terms, retail sales growth accelerated to 4.5% y-o-y from 2.0% y-o-y. June was a consecutive month with retail sales figures stronger than expected, which indicates that consumption is recovering after it slowed significantly at the beginning of the year. Private consumption is driven by an improvement on the labour market coupled with a rise in disposable incomes. In Q2 2010 retail sales grew by around 3% y-o-y in nominal terms and around 1% y-o-y in real terms. On the basis of retail sales and industrial production data, it can be estimated that the GDP growth rate was close to 3%.

MARKET INFO

Sign up to comment on articles or receive newsletter
E-mail
Password