Tag: Norway

Polish E-Car Boom Outpaces Charger Growth: Infrastructure Lags Demand

By the end of January 2024, there were already more than 52,000 fully electric private cars on Polish roads. The sales of electric cars...

Poland Offers Strong EV Incentives, Aims to Further Drive Adoption with Highway Toll Waivers and Used Car Subsidies

"The incentives in Poland for purchasing and using electric cars are quite good compared to other EU countries," assesses Łukasz Lewandowski, President of the...

PGNiG Upstream Norway Confirms Recoverable Resources in Adriana Deposit on Norwegian Sea

Drilling operations conducted by PGNiG Upstream Norway on the PL211 CS license in the Norwegian Sea have ended successfully. The exploratory well confirmed the...

Orlen Reports Financial Results: Profit Lower Than Previous Year

The ORLEN Group ended the fourth quarter of 2023 with an operating profit EBITDA LIFO* of PLN 11.2 billion ($2.9 billion) and a net...

UK to Implement New Border Checks for Food Imports

As of January 31, the rules and requirements regarding goods imported onto the British market will change, with some now requiring certificates. The newly...

Poland Lags Behind in Energy Transition, Needs Stronger Commitment to Investments

Poland’s problems in the energy transition process are deepening compared to Western and Northern European countries, according to this year's study “Energy Transition Readiness...

Europe’s Gas Supply Situation: Despite Geopolitical Tensions, the Market Remains Stable

The multitude of recent geopolitical events around the world linked to the natural gas market should raise similar concerns as in 2022, when Europe...

Wall Street Indexes Hit New All-Time Highs

Wall Street indexes have established new historical highs. The last two sessions of the previous week were dominated by buyers, resulting in dynamic increases...

European data protection authorities imposed fines worth €1.78 billion in 2023

In 2023, European regulators imposed a total of 1.78 billion euros in fines for violations of the General Data Protection Regulation (GDPR) – this...

ECB in the spotlight, Lagarde to temper rate cut expectations

The upcoming week will bring the first decisions of central banks in 2024. The ECB, Bank of Canada, Bank of Japan, and the banks...

PGNiG Upstream Norway Secures 12 Concessions on the Norwegian Continental Shelf

PGNiG Upstream Norway has acquired shares in 12 concessions on the Norwegian Continental Shelf. In one of them, the company from the ORLEN Group...

Mercedes-Benz Group sold 2.49 million cars in 2023

In 2023, sales of Mercedes-Benz Group increased to 2,491,600 passenger and commercial vehicles. Key Points: Sales of Mercedes-Benz Group Cars and Vans increased by...

Monzer Elabrashy becomes the new CEO of FoodWell, Marian Owerko moves to the Supervisory Board.

According to the assumptions adopted in the process of buying Bakalland Sp. z o.o. and subsequent acquisition of Purella Sp. z o.o., Marian Owerko...

New UK Import Regulations for Carriers to Come into Force on 31st January 2024

Polish carriers who transport goods to the United Kingdom must prepare for additional changes. Starting from the 31st of January, the UK will require...
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