Weekly news:

FINANCIAL & ECONOMIC NEWS

NEWS

Poland, Russia should expect lower trade volume due to international financial crisis – diplomat

PRESS: Polish companies spend EUR 1.8 bln on foreign investments in 2008, up one fifth y/y

COMPANY NEWS

METALS

PRESS: Polish copper miner KGHM to announce tenders going into hundreds of millions of zlotys

REAL ESTATE

Polish developer J.W. Construction receives extra PLN 50 mln to finance Warsaw resi project

PRESS: Polish city Wroclaw may repeat public tender for stadium to allow Chinese company bids

Polish residential rents expected to increase 6-8% in 2009 – report

PRESS: Polish residential asking prices decline 23% between July-December 2008 – report

Belgian developer Ghelamco gets building permit for Warsaw loft project

Dutch developer Redevco acquires EUR 4 mln commercial property in southern Poland

ENERGY NEWS

OIL & PETROCHEMICALS

Lithuanian Cabinet decides against sale of oil terminal Klaipedos Nafta

PRESS: Polish oil refiner PKN Orlen may look for partner for its Lithuanian refinery investments

GAS

PRESS: Polish president won’t attend Ukraine gas summit Friday, sends representative

Polish PM consults gas crisis with Slovak, Ukrainian, German leaders

Polish foreign ministry still without invitation to Moscow gas summit – spokesperson

Polish president’s office mum about Moscow gas summit, calls offer "media speculation"

PRESS: Polish gov’t to launch negotiations with Russia to increase gas deliveries to Poland in 2010

Polish, Ukrainian presidents propose meeting of gas conflict parties, EU states in Prague

Polish gas firm PGNiG waits for end of Russian-Ukrainian gas crisis before analyzing damage claim

Poland to seek diversification of energy resources, supply routes – Tusk

Responsibility for gas supplies to Poland lies with supplier, not other conflict participants – Tusk

January drop of gas supplies to Poland may be compensated with higher future supplies - EconMin

Poland unlikely to demand damages from Gazprom for gas supply disruption – Polish PM

Poland may connect to Austrian gas hub Baumgarten to diversify gas supply routes – Tusk

PRESS: Polish gas monopolist PGNiG sees no damages claims for decreased gas supply

Polish observers to be part of EU gas transit monitoring mission in Russia, Ukraine

PRESS: Poland may demand European Union summit if Russia doesn’t restart gas supply

HEAT, POWER & SEWAGE

PRESS: Polish power group PGE sees first nuclear power plant operational in 2020

Poland confirms interest in Lithuanian nuclear power project, reiterates power output conditions

Polish Cabinet wants to speed up nuclear power plant construction, sees nuclear energy in 2020

PRESS: Power firms RWE, Vattenfall to hike household energy prices on Polish market in February

IT & TELECOMMUNICATIONS

LANDLINE/MOBILE TELECOMS

PRESS: Poland’s fourth mobile operator P4 expects EUR 160 mln capital injection

BANKING & FINANCE NEWS

BANKING

PRESS: Polish entrepreneur Leszek Czarnecki to consider Bank BRE acquisition

CAPITAL MARKETS

PRESS: German bourse mulls Warsaw Stock Exchange stake acquisition

PRESS: Poland changes privatization strategy for Warsaw Stock Exchange, majority stake on sale

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

Agency Interfax