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PKP PLK rail to invest PLN 244 mln in track inspection automation project

Poland's railway infrastructure operator PKP PLK will invest PLN 244 mln (EUR 57 mln) in a track inspection automation project (AOT), the company said in a press release. The programme is intended to improve safety and make fault detection on railway lines more efficient.

Poland's pension plans PPK assets value exceeds PLN 40 bln

The value of assets accumulated in Poland's pension plans PPK exceeded a record level of PLN 40 billion (EUR 9.34 bln), according to the Polish Development Fund PFR's website. It added that in less than 8 months of this year, this value increased by PLN 10 billion (EUR 2.34 bln), and the number of PPK participants by 250,000.

Poland's manufacturing industry climate worsens in July - researcher

Poland's manufacturing industry climate deteriorated in July but only in the private sector, while the outlook for the coming months is optimistic. according to a survey conducted by the Institute of Economic Development of the Warsaw School of Economics (IRG SGH).

Pekao lender adopts new pay and bonus terms for approx. 2,700 employees

Listed lender Bank Pekao has adopted a resolution on its intention to change the pay and bonus terms for a group of nearly 2,700 employees by concluding agreements. As part of this process, the bank does not anticipate any reduction in the number of employees, Pekao said in a market filing.