The company has lost about 11 billion zloty in market capitalisation and ended the day with an almost 36% drop in share prices.
Business
Germany, France and Poland pledge to buy weapons for Ukraine using frozen Russian assets
“We will do whatever is necessary and for as long as it is necessary to prevent Russia from winning the war with Ukraine.”
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Poland to halt permanent import of Russian gas from 2023
PGNiG officially notified Russia’s Gazprom of the termination of the contract forcing Poland to import a permanent quantity of Russian gas yearly, in an attempt to diversify the country’s energy supply.
PiS faces opposition from coalition partner over social insurance increase
PiS wants to abolish the upper limit on social-insurance (ZUS) contributions from high earners, but faces opposition from a coalition partner.
Over one million immigrant workers in Poland “easing labour market pressures”: central bank
“Pressures on the labour market have been greatly eased by the influx of immigrants,” says the central bank.
International firms “concerned” at nationalist tendencies and attacks on foreigners in Poland
A new report highlights concerns by firms such as Google, IBM and Amazon over the safety of foreign employees in Poland.
Government considers changes to close Sunday trading ban loophole
The Polish government is reportedly considering amendments to its law restricting Sunday trading.
IMF: Poland’s inflation to be the EU’s highest in 2020
According the the latest International Monetary Fund’s forecast, the average inflation rate in Poland next year will reach 3.5% – the highest in all of the European Union.
Ukrainian immigrants add 11% of Polish GDP growth
Ukrainian migrant workers have contributed 11% of Poland’s GDP growth since 2014, according to a new report by experts from the National Bank of Poland.
In 2018 Poland issued more residence permits to non-EU immigrants than any other member state – again
New EU data highlight Poland’s unprecedented wave of mass immigration, but also indicate that arrivals from Ukraine are declining
Denmark approves pipeline bringing Norwegian gas to Poland as part of effort to end Russian imports
Denmark gave its approval on Friday for the construction in its waters of a planned pipeline to bring Norwegian gas to Poland, as part of Warsaw’s efforts to end its reliance on imports from Russia.
