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Poland

Phare to share out EUR 58 million among SMEs

A new EU accession country investment fund (Phare) launched on April 30, is ready to grant EUR 58 million to around 4,600 domestic small- to medium-sized enterprises (SMEs). The first round of these grants from EU funds are to be...

Medium-sized banks targeting medium-sized companies

Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more…

#bank#banks#Nordea


Polish small business owners assess future in EU

Now that Poland is part of the European Union, small businesses are worried they could be crowded out by large…


FDI in Poland up to US$ 6.42 billion

Foreign companies invested US$ 6.42 billion in Poland last year. The fall in foreign direct investment (FDI) stopped in 2003.…

#bank#Deutsche Bank#investment


Polish unit of Raiffeisen sees 2003 profits leap, SME...

Raiffeisen Bank Polska, the Polish subsidiary of the Austrian bank, used 2003 as a chance to build out its business…

#bank#management#Raiffeisen


Bank Millenium sign purchase agreement

The management board of Warsaw-based Forin Sp. z o.o. has announced that following the signing of an agreement on 6…


BRE Leasing profit nearly doubles

Net profit of BRE Leasing increased to Zl3 million in 2003 compared to Zl1.6 m in 2002. Volume of new…

#bank#leasing


New joint factoring venture announced

BZ WBK Faktor, owned by BZ WBK bank and Bibby Factors, the Polish unit of the UK’s Bibby group, will…


Polish factoring turnover rises in 2003, more expected in...

Turnover in Poland's budding factoring market grew almost 18% to Zloty 12bn in 2003, said officials at the industry's Factoring…

#bank#conference#exports


Eurofaktor aims to double profit in 2004; seeks a...

Eurofaktor, a factoring company, is planning to purchase invoices worth over ZL1bn and to make a ZL6m profit in 2004.…

#SAFE#WHO


Leasing companies show very good results in 2003

Leasing companies enjoyed a boom last year as the value of assets leased in 2003 exceeded Ђ2.1 billion, a 30%…

#exporters#interest#interest rates


New general director for Bibby Factors Polska

Bibby Factors Polska Sp. zo.o. has announced that effective 1 January 2004 Krzysztof Kuniewicz will take up his appointment as…

#management#poland#WHO

Hausner looks to a stronger zloty to ease budget...

Economy Minister Jerzy Hausner said that next year's budget deficit will be zl. 3 billion lower than expected. He added…

#economy#inflation

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