Mar 1 2010, no 430

Download newsletter

Highlights from this issue:

TOP STORIES:
- British Twinings to create 240 jobs at new Polish tea factory (page 5)
Associated British Foods, owner of the Twinings brand, has decided to downsize its UK business and relocate parts of it to Poland and China. The company will build a new Polish manufacturing and packaging plant near Poznan at the cost of PLN 150-190m.

- FDI down by a fifth (page 15)
Although foreign direct investment in Poland shrank by close to 20% last year, reaching EUR 8.4bn, the country fared much better in this respect than all of its CEE neighbors, which suffered a decline by 50% and more.
According to an AT Kearney survey of global executives, Poland is the world's 6th most attractive investment destination, which bodes well for the country's 2010 FDI flows.

MANUFACTURING
- Innova & Eurovia buy Anglo American's Polish assets
- Industrial output beats forecasts, rises 8.5% in January

FINANCE
- Home loan portfolio to go up 80% by 2014
- Nordea Bank Polska boosts net gains in 2009, sets goal for 400 Polish offices
- Regrouped Fortis ready to lend out PLN 2.4bn
- Stricter lending rules to protects banks and clients

FOOD & AGRICULTURE
- British Twinings to create 240 jobs in Swarzedz
- Leading wine distributor boosts retail chain & profits

PROPERTY & CONSTRUCTION
- IKEA-owned developer to build 90,000 sq.m of offices
- Property investment volume down by 68% in '09
- Building sector sees a very slow start in 2010

RETAIL & SERVICE
- Liebrecht & wooD building retail park near Gdansk
- Sweco starts Polish takeovers in Krakow
- Polish menswear producer listed on Nasdaq
- Experts blame harsh winter for slowdown in retail sales

IT & MEDIA
- Telecoms market shrinks in 2009 but projections are promising
- Swedish Proact looking to set up Polish office

TRANSPORT & LOGISTICS
- Danish DFDS doing due diligence at Polferries
- Warehouse construction halved in 2009

ENERGY & ENVIRONMENT
- Polish-Swedish biofuel plant gets EUR 21m EIB loan
- Czech CEZ to build new power unit at Skawina
- Grupa Lotos attracts global attention, boosts earnings

ECONOMY & POLITICS
- FDI down by 19% in 2009 but outlook is positive
- January sees sharp increase in unemployment
- New tensions: Belarus arrests Polish activists
- New bill to boost women representation in the Sejm

KEY FIGURES pages 18-20
- Wages, real earnings, inflation, consumer price index, interest rates, industrial output, current account, GDP, currency,
foreign trade, regional data, stock exchange, prices of key commodities, retail trade, money supply, net lending and key economic data forecast 2010-2012.

Download newsletter