Production of cars in Poland fell by 11.6% on the year to 70,521 units in September 2011, Poland.pl portal reported citing data from market researcher Samar. Compared to a month earlier, however, the number of assembled vehicles rose by 63.24%. In January to September 2011, a total of 640,561 cars were made in the country, registering an annual fall of 6.7%. Sales of new passenger cars fell by 9% y/y to 21,191 units in September, according to earlier released data. Opel, the European unit of General Motors, and Italian Fiat run plants in Poland. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more