Intel spends $33 billion in Germany in landmark expansion

[ad_1] Move marks biggest foreign investment in Germany in history Intel to get 10 bln euros in subsidies from Germany – source Move highlights Berlin’s efforts to attract foreign investment…

Poland’s PKN opens new format retail outlet in diversification drive

[ad_1] June 23 (Reuters) – Poland’s PKN Orlen has launched its first new format retail outlet as part of the state-run oil refiner’s plan to invest 11 billion zloty ($2.9…

Germany’s Scholz to meet Intel CEO amid intensive talks on chip plant

[ad_1] BERLIN, June 16 (Reuters) – Chancellor Olaf Scholz will meet with Intel (INTC.O) CEO Pat Gelsinger on Monday, a potentially significant moment in talks to set up a new…

EU top court backs consumers in Polish FX mortgage case

[ad_1] WARSAW, June 15 (Reuters) – The European Union’s top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-running case that the country’s regulator has warned…

Polymetal considers divestment of Russian business

[ad_1] June 5 (Reuters) – Gold and silver producer Polymetal International (POLYP.L) is considering divesting its Russian operations and senior managers have resigned from Russia-related duties after the imposition of…

Poland to boost military protection of Baltic energy infrastructure

[ad_1] WARSAW, May 4 (Reuters) – The Polish government has approved draft legislation that would allow the military to sink an enemy ship targeting a key gas pipeline from Norway…

Polish government remains intact as junior partner votes to stay

[ad_1] WARSAW, Dec 12 (Reuters) – The arch-conservative United Poland party decided on Saturday to remain in government despite its opposition to a European Union budget deal, the party’s leader…

Poland’s Bank Pekao first-quarter net profit surges 60%

[ad_1] GDANSK, April 27 (Reuters) – Pekao’s (PEO.WA) first-quarter net profit rose 60% to 1.45 billion zlotys ($349.7 million), underpinned by an improvement in its net interest income, with no…

COVID testing chaos infuriates stranded truckers in English port

[ad_1] DOVER, England, Dec 23 (Reuters) – Truck drivers trapped along hundreds of miles of roads near the southern English port of Dover are facing a riddle: to travel to…

Poland’s president prefers media reforms on “market basis”

[ad_1] WARSAW, Aug 24 (Reuters) – Taking over media owned by foreign companies should be carried out on market terms instead of introducing compulsory solutions, Polish President Andrzej Duda said…