Polish company chosen to support BBC
| |

Polish company chosen to support BBC

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…

Best Practices: Philip Morris ahead of the regulations
| |

Best Practices: Philip Morris ahead of the regulations

It’s been a while since we’ve discussed ESG issues. Most of the attention has been focused on environmental policies, while I believe the “S,” which stands for the social impact, may be even more important as we move forward. In particular, the impact of employers on employees. And there are several reasons for that. If…

2nd Polish Nuclear Plant Confirmed
| |

2nd Polish Nuclear Plant Confirmed

On 24 November Polish Ministry of Climate and Environment issued a decision-in-principle for construction in Pątnów-Konin of the country’s 2nd large nuclear power plant using two APR1400 reactors delivered by South Korean KHNP. According to the application submitted for the plant in August this year by PGE PAK Energia Jądrowa, the two units will generate…

New Polish Satellites
|

New Polish Satellites

On Poland’s Independence Day 11 November 2023 two new Polish satellites were put in orbit by Falcon 9 (SpaceX) starting from Vandenberg Space Force Base in California to launch in total 90 satellites for various companies from all-over the world. The first Polish satellite Intuition-1 observes the Earth with a hyperspectral instrument and on-board computing…

New realities shaping investment decisions
| | |

New realities shaping investment decisions

Facing inflation and geopolitical uncertainty, investors have been forced to revise their strategies, according to the Schroders Global Investor Study 2023. Persistent inflation and geopolitical uncertainty – coupled with the need to decarbonize economies – are making it difficult to navigate markets and forcing investors around the world to revise their investment strategies, the flagship…

Creotech Instruments’ revenues rocket
| |

Creotech Instruments’ revenues rocket

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 puts Słupsk production facilities up for sale
| |

Scania puts Słupsk production facilities up for sale

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…

Polish- Korean Submarines With Ballistic Missiles

Polish- Korean Submarines With Ballistic Missiles

The programme Orka launched in 2014, one of the most important modernisation programmes in the Polish Armed Forces, provides for purchase of new submarines for the Polish Navy. On 29 November 2023 Hanwha Ocean from the South Korea expressed its aspirations for a strategic collaboration and presented a comprehensive package of proposals concerning its KSS…

Spain’s ADIF joins Poland’s CPK mega-project
|

Spain’s ADIF joins Poland’s CPK mega-project

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…

Chinese investment in Katowice Economic Zone
| |

Chinese investment in Katowice Economic Zone

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…

Scanway and Marble Imaging link up and look to the stars
| |

Scanway and Marble Imaging link up and look to the stars

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…