The company has lost about 11 billion zloty in market capitalisation and ended the day with an almost 36% drop in share prices.
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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 becomes first country to be expelled from European judicial network
Poland’s judicial council is in “blatant violation of the rule to safeguard the independence of the judiciary” and “undermines the application of EU law”, says the ENCJ.
Inflation – already at highest in two decades – jumps to new peak in Poland
Poland’s central bank has started raising interest rates this month.
Polish parliament debates bill to ban “promoting homosexuality” and LGBT parades
The authors of the legislation liken LGBT to Nazism.
Lukashenko pledges “brutal reaction” to Polish military build-up on border
“They are real scoundrels. I am afraid that they might start a war with us,” said the Belarusian president.
Polish space agency signs deal with NASA for “exploration of Moon, Mars and beyond”
POLSA said the deal was “another important step” in Polish-US relations.
Polish hotel millionaire pledges to support 100 refugee families
“I cannot be remain silent about the recent actions towards migrants on the Polish-Belarus border,” wrote Władysław Grochowski.
Poland and Slovakia complete biannual count of goat-antelopes in border mountains
The bilateral action is the oldest such cross-border cooperation in the world.
Poland fined €1 million a day by EU for not suspending disciplinary chamber for judges
A Polish minister accused the CJEU of “abusing” its powers to undermine Polish sovereignty.
Polish school cancels Halloween party after parent complains to education board
Conservatives in Poland, including Kraków’s education superintendent, have often criticised Halloween.
Polish national airline LOT sues Boeing for 1 billion zloty in US court over design flaws
Design flaws in Boeing’s 737 MAX forced LOT to ground the aircraft for two years.
Cabinet reshuffle in Poland with new climate, agriculture, development and sports ministers
Some commentators see the changes as signalling a weakening of the prime minister’s position.
Poland unveils new defence law to counter hybrid threats and “Russia’s imperial ambitions”
The new “law on homeland defence” will boost military spending and increase the size of the armed forces.