News

PGNiG holds back Gazprom

OPAL is a German North - South natural gas pipeline, which constitutes a prolongment of the land North Gas Pipeline (Nord Stream). It starts in Lubmin, near the Polish border, and runs along the Polish-German border in the direction of Czech Republic and Slovakia. The main shareholders are two German corporations: Wingas (80%) and E.ON Ruhrgas (20%).   The President of PGNiG, Piotr Woźniak, announced they succeeded in holding up an auction for additional powers for Gazprom in the OPAL ga Read more

ZUS – one wire transfer instead of four

Today, an entrepreneur who wants to pay ZUS contributions is obliged to make wire transfers to particular bank accounts of the authority. The Ministry of Family, Labour and Social Policy is planning to introduce a substantial simplification for entrepreneurs. A draft bill involves introduction of individual bank account for each contribution payer, where a payer will not have to make separate transfers of each contribution, but will do that to a single bank account number with a single transfer. Read more

Startuppers visit the Presidential Palace

The second edition of “Start-ups at the Palace” has drawn to a close with an official banquet and a meeting at the Presidential Palace in Warsaw. During the event, the President of Poland, Andrzej Duda, congratulated all participants and together with other attendees listened to their ideas for changing the world.   The “Start-ups at the Palace” programme is organised by the Start Up Poland foundation. The foundation council picked out 10 innovative projects that they believe dese Read more

Ramboll is looking for new development paths

Ramboll, one of the top European engineer-consulting-project companies, was founded in Denmark In 1945 and currently employs almost 10 thousand specialists around the world. It offers architecture, consulting and engineer solutions in the area of energy and fuels, management, and transport.   The company, present on the Polish market for over 20 years, has recently changed its president. Jacek Czerwonka, the new CEO of Ramboll Polska (previously working for Polimeks-Mostostal and Polimeks Read more

Polski Prąd i Gwith a 10 million PLN fine from UOKiK

Polski Prąd i Gaz (former Polska Energetyka PRO) was penalized by the President of the Office of Competition and Customer Protection (UOKiK) with a fine in the amount of 10 million PLN. It is suspected that company representatives were pretending to be the current electricity provider.   Polski Prąd i  Gaz, previously a member of the Financial Assets Management Group capital group (whose members are also Telekomunikacja dla Domu and Tele-Polska) is one of around 460 entities selling el Read more

Warsaw Stock Exchange bullish

We have bull market – declared Magdalena Zaleska, the President of Warsaw Stock Exchange. She hosted a press conference in which she presented Warsaw Stock Exchange Group’s results and current situation. The news she had to present were very good. The group accrued annual income in the amount of 131.1 billion PLN, the highest since 2011.   Poland’s most important exchange market has shown very good results from November 2016. WIG, the main index accruing stock prices of all companie Read more
Read more

Consulting services