NEWS

PRESS: Polish Foreign Ministry to strengthen diplomatic posts in former Soviet republics

Polish FinMin confirms 5.5% GDP growth projection for full-year 2008

Poland’s core inflation accelerates to 3.4% y/y in June – National Bank of Poland

PRESS: UEFA makes no official steps towards moving Euro 2012 from Ukraine to Germany

Polish police arrest Artur N., leader of gang allegedly behind kidnapping of Indian national Hitangi

PRESS: Polish A2 highway talks reportedly collapse; little chance for completion before Euro 2012

PRESS: Bureaucratic stumble appears in Polish National Stadium paperwork

STATISTICS

Poland’s retail sales rise 14.2% y/y in June, below market expectations

Poland’s official unemployment rate drops to 9.6% in June

Poland’s value of real-estate loans up by more than PLN 5 bln in June to PLN 141.5 bln

POLITICS

Polish energy sector firms unions demonstrate in Warsaw for "clear government policy"

PRESS: Poland defenseless in event of Russian attack, should focus on logistics for allied troops

Polish foreign minister meets U.S. State Department official; talks "deepen strategic cooperation"

Polish foreign min. welcomes arrest of former Serb leader Karadzic, hopes for fair trial, punishment

Polish MEP criticizes ex-president Kwasniewski for support of Nord Stream gas pipeline

Polish Treasury Minister accelerates privatization of chemical firms

Polish president praises late MEP Geremek as instrumental figure in fight against communism

Ukrainian Transport Ministry hopes to agree with Poland by 2009 on eight new border crossings

Putin promises smooth oil supplies to Czech Republic

PRESS: U.S. not inclined to station Patriot missile batteries in Poland – Polish diplomat

MANUFACTURING

PRESS: Czech aviation firm Aero bids in Polish PZL-Swidnik, Romanian IAR tenders

TRANSPORTATION

PRESS: Polish government resigns from controlling stake in flag air carrier LOT

METALS

Polish copper producer KGHM should focus on cost-cutting and investments in fields, analysts

Polish copper maker KGHM cost-cutting plans unlikely to yield significant savings - analysts

CHEMICALS

Top Polish fuel firm PKN Orlen starts construction of PLN 3.75-bln terephthalic acid (PTA) plant

PRESS: Polish chemical firm Ciech to update strategy until 2012 to carry out acquisitions

REAL ESTATE

Polish construction company Warbud signs PLN 337-mln deal to build Warsaw educational center

Polish National Stadium project gets building permit after fast-track procedure

Demand for Polish residential high but lost in a sea of increasing supply – analysts, experts

Polish National Stadium project to get building permit Tues., no legal problems identified – source

ENERGY NEWS

OIL & PETROCHEMICALS

Polish No. 2 refiner Grupa Lotos expands franchise filling stations network

Poland-based crude oil trader J&S Energy cuts preparations for IPO in 2008

Putin promises smooth oil supplies to Czech Republic (3)

Polish top fuel firm PKN Orlen’s operating results in Q2’08 positive - analysts

Polish top fuel firm PKN Orlen increases oil processing by 22% to 7.34 mln tonnes in Q2 2008

GAS

Poland’s gas monopolist PGNiG will likely post record financial results in Q2 2008, analysts

Polish gas monopolist PGNiG to transfer Baltic Pipe project to Gaz-System within days

Poland’s gas monopolist PGNiG estimates deal with LNG supplier will be signed by year-end

PRESS: Russia’s Gazprom, Poland’s PGNiG unlikely to agree on pipeline operator’s future in July

British Aurelian Oil & Gas to invest EUR 500 mln in gas field exploration in Poland in 2-3 years

COAL

Poland’s top coal producer Kompania Weglowa posts PLN 19 mln net profit in H1 2008

HEAT, POWER & SEWAGE

Approximately 6,000 energy sector firm employees protest in Warsaw

PRESS: Poland will have to pay PLN 2 bln annually by 2010 to implement EU climate policy

PRESS: Largest Polish and foreign power firms bid for small thermal plants in Poland

PRESS: Poland should not give up on nuclear power in favor of green energy – PGE CEO Urbanski

PRESS: Poland will recommend gradual increase of rights to CO2 emissions on auctions after 2012

Polish No. 2 power producer PKE launches PLN 130 mln desulphurization installation

IT & TELECOMMUNICATIONS

INTERNET

PRESS: Swiss firm blackmails Poles who illegally download music

BANKING

BCP Polish unit Bank Millennium beats expectations with PLN 125.2 mln Q2 net profit

CAPITAL MARKETS

EMERGING MARKETS NEWS HIGHLIGHTS

U.S. could deploy nuclear weapons in Poland – Russian experts

PRESS: Russian Gazprom’s German unit sees Nord Stream operation delayed until 2012

Ukrainian PM, Gazprom chief agree on mechanism for gas prices in 2009

Setting up OPEC-type cartel for gas still on agenda – Russian President

Medvedev, Miller discuss gas supplies to Ukraine in 2009

Nb: This news report features only the headline of each news