Poland’s GDP grew by 1.7% in 2009, well below the 2008 growth rate of 5%.
Poland’s government revised its GDP growth forecast for 2009 from 3.8% to 1.7% early in 2009 acknowledging expectations of a fallout from the global financial crisis.
Investment fell by 0.3% in 2009, while domestic demand declined by 0.9%.
According to Eurostat estimates, GDP [...]
Poland :: 2009 GDP grew by 1.7%
[PGN PW] PGNiG & [GAZP RU] Gazprom :: Yamal-Europe in play until 2045
Leading Polish natural gas provider PGNiG, Russia’s Gazprom, and their joint venture EvRoPol GAZ have signed an agreement on cooperation, which provides for extension until 2045 of the contract on transporting gas to Western Europe across Polish territory using the Yamal-Europe pipeline. EvRoPOl GAZ is the operator of the Polish segment of the Yamal-Europe pipeline. [...]
[PGN PW] PGNiG :: deal with Gazprom [GAZP RU] clears path to gas agreement
Leading Polish natural gas provider PGNiG reached an agreement with Russia’s Gazprom on increasing imports of Russian gas, resolving remaining differences after a year of negotiations, and paving the way for an international agreement on gas supplies.
PGNiG has agreed to buy as much as 10.3 bn cubic meters of gas per year through 2037, while. [...]
[ENA PW] Enea :: 16% stake on sale ahead of bigger 50% sale
Poland is planning a road show to market a 16% stake in Enea, an energy distributor, targeted towards institutional investors in Europe and the US, ahead of a sale of a controlling stake to a strategic investor.
The sale of the stake worth some $500 mn is planned for February, ahead of a sale of a [...]