The net financial result of non-financial enterprises amounted to PLN 21.3bn (EUR 5.1bn) in Q1 of 2014, i.e. it rose by 20.6% on the year, according to national stats office GUS.
At that time, their net profits was up by 4.7% y/y to PLN 28.9bn, while net losses declined by 23.5% y/y to PLN 7.6bn.
Revenues from total activity increased by 2.7% y/y to PLN 566.4bn in Q1 of 2014, while total costs were up by 2.1% on the year to PLN 540.8bn.
In Q1 of 204, the gross turnover profitability improved to 4.5% from 4.0% a year before, while the net turnover profitability rate was up to 3.8% from 3.2%, respectively.
Turkish President Recep Tayyip Erdogan received a warm welcome from his Polish peer Andrzej Duda on October 17, as Warsaw said it supported Ankara’s formally ongoing bid to become a member of the ... more
Poland will skip no touchy topics in talks with President Recep Tayyip Erdogan, visiting Warsaw on October 17, the office of President Andrzej Duda said ahead of the visit by the Turkish leader, ... more
The Polish anti-monopoly body UOKiK has cleared the state-controlled power conglomerate PGE to take over the Polish assets of French peer EDF on condition that power from one acquired ... more