Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.
Business
Polish ruling party’s presidential candidate outlines aims on abortion, defence and economy
Trzaskowski pledged to end Poland’s “embarrassment on the international stage and medieval anti-abortion law”.
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Poland to grant households €630 allowance to buy coal for heating
Around 35% of Polish homes use coal for heating and a total of 11.5 billion zloty (€2.4 billion) will be allocated for the new programme
Government appeals to Poles to insulate their homes ahead of “difficult winter”
The prime minister promised more funding for a government programme offering subsidies for home insulation.
“Poland leading the EU in energy diversification,” says US climate envoy Kerry on Warsaw visit
“Warsaw is becoming cleaner and greener” thanks to the widespread use of electric buses.
Polish zloty falls to lowest level against US dollar
The zloty was trading as low as 4.85 to the US dollar.
Time for trains in Poland
Marcin Żyła
After decades of neglect, Poland’s rail network is expanding and modernising. But more needs to be done to integrate it with the rest of the transport system.
Korean firm invests €627m to build electric vehicle component plant in Poland
The facility, which will produce copper foil used in electric-car batteries, will become SK Nexilis’s “European hub”.
Polish parliament approves law to suspend mortgage repayments
Borrowers would be allowed to take four-month “credit holidays” both this year and in 2023.
Hundreds of Polish companies sign up for scheme to rebuild Ukraine after war
“Russia is responsible for the destruction [so] Russia should pay for the reconstruction of Ukraine,” says a Polish deputy minister.
Polish startup’s “wind panel” wins clean energy award
The installation can generate power from the wind either as a free-standing structure or while serving an enclosure.
Polish government moves to undo its own rules blocking onshore wind farms
The “10H” rule currently forbids the construction of wind farms where there are buildings within a distance of ten times the height of the turbine.
Polish bakery’s genitalia waffles aim to break taboos but spark backlash
“The worst sewage from the Western world is pouring into Poland,” warns one nationalist leader.
Coal burning quality standards temporarily suspended in Poland
The government says the move is necessary due to the “current exceptional situation” caused by Russia’s war in Ukraine, which has seen coal prices surge.
