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BUSINESS
More biofuels
Directive 2003/30/EC on the promotion of the use of biofuels or other renewable fuels for transport requires Poland to use 5.75% (according to fuel sales) of biocomponents in transport fuels by 2010 and 10% by 2020. >>
The first ever Soudal plant in Poland is being constructed in Pionki in central Poland. The Belgian company is to invest 35 million PLN and intends to hire 100 persons. >>
French concern FM Logistic is to build a logistics base in the Ujazd Business Activity Zone (SAG) in southern Poland. Construction work is scheduled to be completed by November. The 100 ha construction lot is located by the A4 motorway. >>
Western Union money transfer available through Bank Pekao SA agencies.
Bank Pekao SA and Western Union (NYSE: WU) have held the first joint conference at Warsaw Hyatt Hotel. On March 31, 2008 both companies signed an agreement to make the Western Union Money Transfer service available via the Bank Pekao network across Poland. The service has been already launched and is available for outbound and inbound transfers in nearly 900 branches. >>
“The most important thing when deciding to build wind farms is to properly assess the risks involved. In the initial phase this is even more important than the profitability factor. Unfortunately Poland has no good conditions for wind energy”, Jarosław Mroczek, President of the Polish Wind Energy Association (Polskie Stowarzyszenie Energii Wiatrowej, PSEW), tells Polish Market’s Jerzy Bojanowicz. >>
“Our beginnings go back to 1996. In the closing decade of the past century our economic transformations were still at a farily early stage. Foreign oil companies were only beginning to settle here and they soon saw the need to pool their forces to exert more influence on Polish laws and speed up the creation of an adequate information exchange platform. >>
The Clean Coal Technology (CCT) programme poses two major technological challenges. One is capturing CO2 from flue gases and the other transporting it to a deep underground storage site to prevent it from leaking back into the atmosphere. >>
The Polish IT market was worth 10 bln USD in 2007. According to “Computerworld Polska”, the Polish Hewlett-Packard (HP) division is the biggest company in the sector.  >>
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