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…
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…
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…
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…
Poland’s Thorium Space is becoming a leading light in the European space industry. In mid-November, Poland officially joined the European Space Agency’s (ESA) optional programs and on November 30, the Polish firm Thorium Space was added to the HummingSAT program – a new product line of European small telecommunications satellites for geostationary orbit (GEO). “Thorium…
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 London Stock Exchange Group has been operating in Gdynia for more than 17 years and is growing all the time. It has just moved to a new office in 3T Office Park, the company’s largest branch in Poland. The LSEG (London Stock Exchange Group) in October celebrated its new office in Gdynia, with an…
Standard Chartered Bank has opened a new branch in Warsaw, with its first employees starting on November 1. Standard Chartered Bank is the hub for Standard Chartered’s EU activities. The new branch represents a key part of a broader strategic program aimed at developing the bank’s operations in Europe. It is well-positioned, both geographically and…
Barry Callebaut, a leading chocolate manufacturer, opened another production line in Łodź. Łodź is home to the largest chocolate factory in Poland. Its owner is the tycoon, Barry Callebaut. The company is currently expanding its Łodź plant. The new hall has an area of more than 3,000 sq m. Innovative technological solutions were used in…
PGE Polska Grupa Energetyczna is launching more photovoltaic (PV) farms and says it will have PV power plants with a total capacity of about 500 MW in operation or under construction by the end of 2023. In recent weeks, PGE Energia Odnawialna, part of the PGE Group, has launched PV farms in the Mazowieckie, Podkarpackie…
