Budimex, one of Poland’s largest construction companies, is to build a high-speed railway in Latvia. On 21 December 2023, the contract for the construction of the Rail Baltica railway line in Latvia was signed. Under the €3.7 billion contract, the winning consortium ERB RAIL – comprising France’s Eiffage Génie Civil, Poland’s Budimex and Italy’s Rizzani…
Demography, health, education and ecology. New technologies are increasingly important for solving our most pressing problems. The positive impact of technology on business has been talked about for a long time now and investment is following suit, such as cloud or artificial intelligence, which are increasing rapidly. Increasingly, new technologies are also finding their way…
MIM Fertility – a Polish pioneer in the field of artificial intelligence – has announced the closing of a seed round of $2 million. The investment was led by Warsaw-based venture capital investors Tangent Line and Peleton. MIM Fertility – a Polish pioneer in the field of Artificial Intelligence. MIM Fertility proposes breakthrough solutions in…
A subsidiary of IT company Spyrosoft has won a BBC tender for a three-year collaboration to expand the broadcaster’s IT engineering team. The value of the contract is expected to exceed £20 million. Spyrosoft said in a stock exchange release that its subsidiary had been selected in a two-part tender on 23 November. A standstill…
Creotech Instruments presented its results for Q3 2023, in which it generated PLN 33.2 million in total revenue, up 45% year-on-year, of which PLN 22.5 million was revenue from product sales, 64% more than in the same period last year. In line with the company’s development plan, including the intensification of R&D work in key…
Scania’s plant – an investment area of almost 11 hectares, production and storage halls, office and social buildings – has been put up for sale, with the new owner able to start operating the site as early as the third quarter of 2024. Scania’s Slupsk plant has been an integral part of the Pomeranian industrial…
Centralny Port Komunikacyjny (CPK) has signed a Memorandum of Understanding with ADIF, Spain’s national railway infrastructure manager, aimed at strengthening the strategic cooperation between the parties in the development of the high-speed rail network in Poland. ADIF is one of the most experienced HSR infrastructure managers in Europe and Spain’s HSR network is the longest…
The Chinese company Sanhua Automotive has invested between PLN 160 million and PLN 208 million in a plant for the production of thermal system parts for electric and hybrid vehicles in the Katowice Special Economic Zone (KSSE). The plant is expected to create 350 new jobs by 2025. The plant will produce parts for electric…
PGE’s energy storage facilities to be co-financed by the National Fund for Environmental Protection and Water Management. PGE Dystrybucja – a PGE Group unit – has obtained PLN 43 million (EUR 10 million) funding from the National Fund for Environmental Protection and Water Management (NFOŚiGW) for construction of three energy storage facilities: Warta, Jeziorsko and…
Scanway and Marble Imaging have begun collaboration to develop Europe’s first constellation of satellites providing very high resolution multispectral Earth data (VHR). Marble Imaging, a German company that develops Earth Observation (EO) services based on data from existing constellations of VHR satellites, and Scanway, a Polish company that provides advanced optical instruments for space, have…
Yulchon of Korea has been producing for the automotive industry in Korea and Mexico and is moving now to Poland as well, building a plant near Wroclaw, another major Korean investment in the Wroclaw metropolitan area. Yulchon Poland’s new plant in Komorniki near Wroclaw will cost more than PLN 100 million (EU 23 million). Yulchon…
The Podkarpacka Philharmonic invites you to concerts at its headquarters in Rzeszów, where musicians will have been sharing their music for almost 70 years in 2024. The Artur Malawski Symphonic Philharmonic Orchestra of the Podkarpacie Philharmonic in Rzeszów has been very active in artistic activities not only in the country but also internationally for almost…