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V4 meet at Central Eastern Europe Innovators Summit

Posted on March 31, 2017 by admin

Last Tuesday, Central Eastern Europe Innovators Summit took place in Warsaw. Among the guests that participated in the event were leaders of the Visegrád Group (V4 group): Poland, Czech Republic, Slovakia and Hungary. Prime ministers of the four countries: Beata Szydło, Bohuslav Sobotka, Robert Fico, and Viktor Orban, came to Warsaw to give boost to the cooperation between the four CEE nations and stress the importance of joint development and investment in innovative projects in the region. Read more

Chances for cutting off Russian gas

Posted on March 29, 2017 by admin

In one of his recent statements, the Minister of Foreign Affairs Witold Waszczykowski announced that within the next five years Poland is able to bring about the situation when it becomes independent of Russian gas. He also criticised the construction of the Nord Stream 2 gas pipeline. Waszczykowski stated he has “limited trust in (…) the European institutions. In connection with this, we also take independent actions so as not to hinge solely on the dictate of Russian gas supplies� Read more

PSG reactivates its Łuków branch

Posted on March 27, 2017 by admin

This year, Polska Spółka Gazownictwa (a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo) launched another branch reactivated after its prior liquidation – gasworks in Łuków (Lubelskie voivodship). During a meeting with local government officials from Lubelskie Voivodship, Minister Krzysztof Małkiewicz declared that re-opening of the branch in Łuków provides opportunity for development for the entire regions, as also that as a “new” investment, it has a chance to bring more jo Read more

Poland will have an international hub airport?

Posted on March 26, 2017 by admin

This week, the Economic Committee of the Council of Ministers made a recommendation about construction of a new airport in Poland. The new so-called central communication port is to be a big international hub allowing for long-distance air connections. It is to meet the growing air travel demand of Poles and also put Poland on the spotlight as a transportation node. The decision was made unanimously and “without any doubt”. In the last four years, airline travel numbers in Poland qu Read more

Poland awarded for green bonds

Posted on March 24, 2017 by admin

Climate Bonds Initiative organisation recently awarded Poland for issuing the so-called green bonds. The country received top prize in the category Green Bonds Pioneer. The prize was collected by Deputy Prime Minister Piotr Nowak in a ceremony that took place on the 6^th of March in London. Green bonds are fixed-income securities designed to finance pro-environment initiatives. This financial instrument is nothing new, yet until recently there has been no state treasury that w Read more

PGNiG holds back Gazprom

Posted on March 22, 2017 by admin

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

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