The firm and city have announced support for the 650 people who will lose their jobs.
business
Polish e-commerce giant Allegro expands brand to Slovakia
Allegro also plans to launch own-brand platforms in Hungary, Slovenia and Croatia.
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Will Poland again be Europe’s “green island” of growth in this crisis?
Marcin Czaplicki
Poland was the only EU country to avoid recession after 2008. Now it is forecast to again be among the economies least affected by the crisis.
Poland ranked third in Europe for foreign investment in new projects last year
Analysts point to factors attracting investors, but also note hurdles as Poland seeks new higher valued added investment.
Police clash with business owners protesting over coronavirus crisis in Poland
Business owners are calling for greater government support.
Open malls, closed shops: retailers push for lower rent as Poland loosens lockdown
Maria Wilczek
Shopping centre owners, already squeezed by retailer-friendly regulations, are in a tough spot.
Polish government to soon begin “unfreezing” economy from coronavirus lockdown
A decision to possibly loosen rules on shops, forests and public spaces is expected later this week.
Poland launches €22 billion support package for firms in effort to save up to 5 million jobs
Firms will receive preferential loans and non-refundable subsidies as long as they agree not to lay off any workers.
Video game giant CD Projekt becomes Poland’s most valuable listed firm amid coronavirus turmoil
The maker of the Witcher games has overtaken Poland’s biggest bank.
Polish parliament passes coronavirus economic package, including price caps to avoid “speculation”
The measures were part of a broader package to mitigate the economic fallout from the coronavirus crisis.
Polish banks brace for loan repayment delays and defaults due to coronavirus
Polish financial sector worries despite central bank action and government assurances
Polish businesses support coronavirus response through donations and free services
Some are funding hospital equipment, others donating tulips and chocolate.
Poland unveils multi-billion support package to counter coronavirus economic fallout
The measures aim to help employees, small businesses, health services, banks and public investments.
Not Tesco’s finest: why the British supermarket giant is withdrawing from Poland
Maria Wilczek
Whereas Tesco once shaped retail trends in Poland, it has now fallen victim to them.
