Essel Propack to set up beauty packaging facility in Poland

India-based Essel Propack, part of the Essel Group, is to enter its 15th market having unveiled plans to open up a beauty packaging production facility in Poland that will serve growing demand for plastic tubes in the region.

The plant will market the plastic tubes under the Arista Tubes, UK, brand. Arista is currently the leading manufacturer of plastic tubes for the beauty business, in the UK.

The company is also planning to expand the brand into the US market, where it is also opening a production facility in Danville, Virginia, by the end of this year.

The Polish facility will be based in Lódz, west of the country's capital, Warsaw. The city is home to a number of major packaging providers to the cosmetics industry, including a facility that make Gillette razors, blades and associated packaging, as well as a newly opened Rexam beauty packaging facility.

With a total investment estimated at $23m, the facility is expected to be up and running by March 2007, when it will be supplying growing demand in Poland, currently the region's largest market for plastic tubes, together with Central and Eastern European markets and elsewhere in Europe.

The company said that the new facility would be funded partly through debt and partly through operating leases.

The move is part of the company's aim to attain total global coverage by the year 2010 and to be supplying 20 per cent of the total market for plastic tubes.

The company has a targeted and focused expansion plan, which means that the Poland plant will be the company's 25th and the fourth newly-built facility in the past two years.

“Our strategic intent, as we have expressed earlier, is to focus our energies on Europe for enhanced growth,” said Ashok Goel, managing director of Essel Propack.

“Moreover, plastic tubes is the path we have chosen for inducing this growth,” he said, adding that he expected that the new facility would form an integral part of this ambition in the Central and Eastern European markets and particularly in Poland where market growth is currently outstripping other countries in Europe.

Essel Propack currently claims to be the largest manufacturer of seamless tubes in the world. It supplies the cosmetics, personal care and oral care categories and has recently branched out into the medical care segment.


Flights to Poland

Novea - Business in Poland

Poles flock to Irish job fair in Warsaw

They came from all over Poland: engineers in crisply pressed shirts, laborers with mud on their shoes, university graduates with backpacks, all seeking the same thing -- a job in Ireland.

Long lines snaked around a Warsaw hotel Thursday and Friday as Irish construction companies competed for the best workers to keep their building projects going in a booming economy. The crowd of would-be emigrants illustrated enduring frustration over low wages and high unemployment in Poland, the largest of 10 countries that joined the European Union in 2004.

"Poland is a beautiful country, but people don't earn enough money to live like civilized human beings rather than like animals," said Bogdan Wajda, 50, an electrical engineer.

Wajda traveled from his home in Lodz in hopes of finding a job that pays more than what he gets now: about $1,325 per month.

After taxes, he's left with only $830, hard going for a man helping his ex-wife support three children.

On that salary, there's "no chance" to go to movies or restaurants. Vacations? "Forget it," he said bitterly. "I can't finish the house I started to build six years ago. I don't have enough money."

The job Wajda applied for pays $5,770 to $6,400 per month, and could prove his financial salvation.

The firm to which he applied -- John F. Supple Ltd. -- seemed impressed with his 26 years of work experience and fluent English, and was flying him to Cork soon for a formal interview.

"He's good -- he's the best I've seen so far today for that position," recruiter Padraig Cronin said Thursday afternoon. But there was only one vacancy for an electrical engineer -- and more than a day left at the fair.

"And I'm going to keep taking applications," Cronin said, a pile of resumes stacked up on the floor beside him.

As Wajda's fate hung in the air, so did that of thousands of others at the fair.

While some, like Wajda, dressed in jackets and ties, others showed up in baseball caps, flip flops and shorts. Some even wore sweaty, worn-looking clothing to the ballroom of the Sheraton hotel.

"Some of these people are wearing everything they own on their backs and are begging for jobs," said Paul Sheridan, an organizer. "They're saying 'look, I'll do anything you want.'"

After Poland joined the EU in 2004, many commentators hoped their country would become the next "Celtic Tiger." Ireland, a once-poor country that for centuries saw huge numbers emigrate, has seen dramatic technological and economic progress since joining the EU in 1973.

Poland may become an economic powerhouse yet. But, for now, it looks more like the Ireland of old, a country witnessing massive emigration. The country has a jobless rate of nearly 16 percent, miserably low wages across many sectors by European standards -- even for doctors and scientists -- and dilapidated roads, railways and houses.

The lack of opportunity has pushed more than 150,000 Poles to seek work in Ireland since Dublin opened its market to members of the new EU states in 2004. Even more have left for Britain, with the numbers in the hundreds of thousands but impossible to quantify exactly.

But the number of Poles heading for Ireland is perhaps most striking, given that they have swelled in only two years to make up a whopping 5 percent, at least, of the working population in the country of 4.2 million, according to the Irish Embassy in Warsaw.

In Britain, with its population of 60 million people, Poles still make up a much smaller share of the overall work force. And there, the trend reflects some continuity, given that there's a long tradition of Polish migration to Britain.

Poland's government-in-exile was based in London during the Nazi occupation, and under communism a wave of Poles sought freedom there.

Since 2003, Poland's jobless rate has fallen from 20.7 percent to 15.7 percent, leading to jokes that Britain has done more to lower Poland's unemployment rate than any Polish politicians ever have.

But Maciej Duszczyk, an emigration expert with the Polish government, objects to that. He argues the economy -- now growing at a speedy 5 percent per year -- is creating many new jobs.

Just look, he said, at the weekly job ad section in the Gazeta Wyborcza newspaper. "It's much thicker than three years ago," he said.

At the fair, Izabela Kaminska, 24, was making a possibly life-altering decision in the ladies' washroom, filling out an application for a job as a civil engineer against the wall.

She just graduated from Wrocław University of Technology and wants a job designing roads and airports. "I thought I'd give it a try," she said.

She said former classmates who have found jobs in Poland only earn about 900 zlotys per month, or $300, and survive by living with their parents and giving up a lot.

"I think it will be sad for me to go. I'd really miss Poland and my family terribly," Kaminska said. "But it's the politicians who have made Poland what it is today. They can't expect people to live on only 900 zlotys a month."


Flights to Poland

Novea - Business in Poland

Poland, Britain agree on exchange of classified information

Poland and Britain on Friday agreed to exchange classified information in a bid to better fight organized crime and facilitate the execution of legal penalties, the Government Press Center said.

The agreement was signed in Warsaw on Friday by Marek Pasionek, Undersecretary of State at the Polish Prime Minister's Chancellery, and Patrick Davies, Charge D'affaires of Britain's Embassy to Warsaw, the Center said.

With mutual respect to civil rights, an effective exchange of classified information will provide grounds for more cooperation, the agreement said.

Cooperation in fighting organized crime between the two countries consists of joint training for both countries' policemen and joint operations, it said.

Poland has signed similar agreements with Germany, Slovakia, Ukraine, Latvia, Estonia, the Czerch Republic, Albania, Bulgaria and Italy.

Source: Xinhua

Flights to Poland

Novea - Business in Poland

Polish Acquisition for Hogg Robinson Group

International corporate services company Hogg Robinson Group (HRG) has further strengthened its presence in Eastern Europe with the acquisition of BTI Polska.

BTI Polska was founded in 1984 by current Managing Director Katarzyna Hryniewicz and is regarded as one of Poland’s leading independent travel management companies. It has a network of offices across the country and extensive experience servicing both national and multinational clients.

With immediate effect, BTI Polska will trade as HRG Polska and will have migrated completely to the HRG brand by the end of November in line with all Hogg Robinson owned companies and its worldwide network.

The company’s positive approach to client service, combined with Hogg Robinson’s integration expertise, will help to ensure a smooth and successful transition for HRG Polska into the Hogg Robinson Group.

Coming just weeks after Hogg Robinson’s acquisitions in the Czech Republic and Slovakia, this latest development consolidates the company’s capabilities across this developing region. In recent years, and following its accession to the European Union (EU), the Polish economy has experienced continued development and now provides over half the economic output of the enlarged EU’s new members*. Industry experts** noted an acceleration in the Polish economy during the latter half of 2005, combined with significant foreign trade throughout the year, and this positive trend is expected to continue.

Commenting on the acquisition, David Radcliffe, Chief Executive of Hogg Robinson Group, commented:

- I am delighted to welcome Katarzyna and her colleagues to the Hogg Robinson Group. Katarzyna and the management team have built an excellent reputation for their company - one that is synonymous with quality service. We have worked well with Katarzyna over the last twelve years and have established a good working relationship with her and her people. We are all looking forward to welcoming them into our Company.” * Index of Economic Freedom 2006 **Polishmarket.com, Poland.gov.pl, Polandtrade.com. He continued:

- Coming soon after our Czech and Slovakian acquisitions, this is yet another example of our commitment to having a strong presence in all the key driver and growth markets worldwide. Eastern Europe is becoming an increasingly important market and having a strong presence in Poland is essential for us. BTI Polska’s expertise in corporate travel and its specialist knowledge of the events and meetings market will add to the range of services we are able to offer to our clients.”

Katarzyna Hryniewicz, Managing Director of the Polish operation, added:

- For us, this change in ownership is a new chapter in our development and has obvious mutual benefits: we will become an integral part of one of the largest and most respected global travel management organisations and HRG will gain a highly respected TMC in the Polish market with an impressive portfolio of clients with whom we have long-term relationships. I believe our staff will have wider opportunities to develop their careers and the company will benefit from HRG’s technology and global expertise.

- All of this will, I believe, be advantageous to our existing and future clients by providing them with access to quality travel solutions, higher levels of professional service and increased cost effectiveness.

- This latest acquisition brings the number of countries in which Hogg Robinson has wholly owned and majority controlled companies to twenty-four. Together with the contracted partners covering a further sixty-five countries, the HRG worldwide network extends to almost ninety countries. It is one of the leading corporate service providers, specialising in business travel, in the world.


Flights to Poland

Novea - Business in Poland

Charity to offer destitute Poles chance to go home

So many Poles are living in squalor and poverty on the streets of Britain that a Polish charity is sending staff to London to persuade them to return home.

The Barka Foundation, a non-governmental organisation based in Poznan, western Poland, was alerted by British charities. They fear that many of the Poles are turning to drugs, prostitution and crime.

Michao, 26, a Polish migrant, shows a photo of his daughter

The charity for the homeless plans to visit Britain in the next two weeks. It has already approached the Polish government for funds to set up a London office.

"We are talking about young and old, men and women, most of whom have poor qualifications and speak little English," said Tomasz Sadowska, the foundation president. "Ever since Poland joined the European Union, people have left for better lives. They go without any money or contacts, they don't speak the language, yet they think Britain is going to be paradise."

An estimated 400,000 Poles live in Britain, having taken advantage of the government's decision to open its labour markets to workers from the accession countries of the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia since they joined the EU in May 2004.

Barka estimates that of these, about 45,000 are living in squalor, although up to 100,000 could be in difficulty.

Tim Nicholls, the director of the Simon Community, a London homelessness charity which approached the Barka Foundation, estimates that up to 35 per cent of the people it encounters on its daily soup runs in the capital are from Poland. He said: "Because of the language barrier, and because they do not have recourse to public funds, it is difficult for us to help them.

"Quite a number have been sold down the river, having met some unscrupulous people who have put them into forms of slave labour.

"Many end up on the streets having fled from awful situations. Nobody seems to want to know about them."

One of the most significant problems for Polish people hoping for a better life in London is the misinformation circulating in Poland.

Many of those who arrive by coach at Victoria, in central London, with little money and no contacts, expect to find work and accommodation immediately. The reverse is often the case.

The success stories of Poles who have found work in catering, child care, construction and farming have encouraged others to follow, often with disastrous consequences.

Moreover, unless they have worked for 16 months in Britain and paid all their national insurance contributions, they cannot claim benefits. Without claiming, they cannot sleep in state-funded hostels.

"The Polish government must take some responsibility," said Mr Nicholls.

"None of the people who come from the accession countries have recourse to public funds, so if they don't find work, they risk ending up as entrenched rough sleepers."

Unemployment is around 20 per cent in Poland with many young graduates out of work.

The Barka Foundation says it hopes to persuade many destitute Poles to return to Poland, where state grants are available to help set up small businesses and where social re-integration centres help people to get back to work.

Source:By Kate Connolly in Berlin and Sally Pook telegraph.co.uk

Flights to Poland

Novea - Business in Poland

Why Polish emigration is bad for Europe but good for Poland

Huge numbers of Poles are emigrating to Western Europe in search of work and better opportunities that exist in Poland. There are any number of benefits to Poland that result from this emigration.

There is no accurate count of the number of Polish people who have emigrated but the numbers are large enough that the United Kingdom is starting to voice alarm about the negative effects of immigrants on their country.But Poland has been silent on the matter probably because of the way it is benefiting Poland.

It is widely acknowledged that Poland has been exporting its unemployed and that because of the number of emigrants that have left the country, Polish unemployment has gone down.

With lower unemployment there is less competition for jobs so this makes those who are actually looking for work in Poland happier. At the same time the Polish Government is able to use the lower unemployment figures to show that its policies are having a positive effect on the Polish economy.

The net result is that more of the Polish people are happy with the way the Polish government is running the country.

Many troublemakers and criminals have left Poland for Western Europe. The crime rate in Polish cities is down.

The Polish police are happy because they have fewer problems with these people gone and they can spend their time on other matters. With the police free to look at other matters instead of chasing these common criminals, the general public becomes more satisfied with the responsiveness of the police to things that concern them.

And because there is less crime there is less pressure on the Polish courts and on the Polish prison system. This translates into lower expenses for the government.

The Polish government can point to lower crime rates during the period of their reign. They can truly say that there has been an improvement in Law and Order in Poland.

In some areas of Poland there is a housing shortage and the prices for housing are rising dramatically.

Once again Polish emigration is helping. By exporting Poles to the West there are fewer people who will be available to buy houses and that will take pressure off the housing market.

The housing shortage is partially due to the lack of government action to make the process of land acquisition and the obtaining of building permits easier for developers. With less of a demand for housing there is less pressure on the government to take action to make it easier to build flats.

Western Europeans are also helping the government by buying those flats that they can find available. The demand by these European investors has increased the price of housing in Poland. And the money that they pay for these flats is foreign money that is invested in Poland.

First the Polish government can point to increased foreign investment in Poland.

Also, the developers get higher profits and the government gets more tax revenue.

People who leave Poland to work either permanently and those who commute from Poland to a foreign country to work bring money back into Poland. That money is used to buy goods in Poland. Such purchaes increase the taxes paid to the government by the retailers. So the more people that Poland can encourage to commute to work between a Western country and Poland not only reduces the number of unemployed but also brings more money back into the country to be spent in the country.

So as long as the emigration continues unabated Poland will continue to export its criminals to reduce crime rates and import capital from the West that will be used to stimulate the economy and increase tax revenues. The overall effect will be to enable the government to better promote its policies by showing how the country is benefiting under its rule.

There may be a talent drain as Poles leave Poland, but the benefit to the economy and to the Government may be such that the Government has no interest in changing the situation. In fact the Government may be interested in encouraging it as it promotes the self interst of Poland.


Flights to Poland

Novea - Business in Poland

Missile base to obey Czech laws-Foreign Ministry

Prague- Czech and American experts believe that a missile defence base, the construction of which on Czech territory is being considered, would obey Czech laws, the Foreign Ministry said.

In addition, the base would bring hundreds of millions of dollars to the Czech economy, the ministry said after the recent consultations of Deputy Foreign Minister Tomas Pojar and representatives of the Czech Defence Ministry and the Pentagon in the USA.

The USA is considering locating part of its missile defence shield in the Czech Republic or in Poland. The media also speculate about Britain.

According to public opinion polls, most Czechs and Poles are against placing missile defence systems on their territory.

The Polish media said that a base, if it is located in Poland, would not abide by Polish laws. According to some experts, that would shake the foundations of the rule of law.

"The opinion was expressed during the discussion on the legal aspects of the base that the base locality would not be exempted from the Czech Republic's jurisdiction and that the immunity of the personnel of the military facilities would be under the Czech Republic's jurisdiction," the Foreign Ministry said, adding that the conditions of the agreement between the two NATO states on the status of their armed forces would be valid in this case.

According to the Czech Foreign Ministry, the Missile Defence Agency said that the base would not only serve for the defence of Americans.

Agency spokesman Richard Lehner said, according to the Czech Foreign Ministry, that the base would naturally also serve for the missile defence of the territory of the host country, the European allies and the USA.

The American base would be connected with the planned NATO missile defence system that is only in the phase of studies.

"The connection with the American project is absolutely inevitable for the success of the NATO project for financial and technological reasons," the Foreign Ministry said.

The estimated spending on the construction of the missile facility and a radar in Central Europe is about hundred of millions of dollars.

"In the event of the construction of a missile defence facility on Czech territory, Czech companies will participate in the contracts worth several billion crowns," Pojar said.

The Unites States whose experts have studied sites on Czech territory, intends to make a decision on the missile defence base by this autumn. The final report on the assessment of the technical parameters of the localities in the Czech Republic and Poland is to be completed by August.

Washington intends to station radars and ten defence missiles in Europe until 2011. They would defend against intercontinental missiles launched from countries such as North Korea and Iran.

($1=21.759 crowns)


Flights to Poland

Novea - Business in Poland

Poland: Polish industrial output and PPI inflation

  • Industrial output accelerated to 14.3% y/y in July, below our expectation (15.7% y/y), although not significantly so.
  • The pace confirms that industry is still behind Poland’s economic growth. Looking at the CE4 region, the situation is very similar to that seen in the Czech Republic.
  • On the cost side, wage growth is below the level of productivity growth (unit labor costs are declining). Therefore, the risk from wage pressures is limited, leaving companies to cope with FX appreciation and oil price growth.
  • PPI inflation accelerated to 3.5% y/y in July, from 2.8% in the year-earlier period (we expected 3.0% y/y).
  • The acceleration of both PPI and CPI inflation figures (with CPI up 0.3pp to 1.1% y/y in July; both CPI and PPI were above consensus estimates) indicates that inflation pressures are gradually increasing. Faster PPI growth compared to CPI means that companies’ mark-ups are under pressure. Therefore, a spillover into higher CPI can be expected.
  • However, the still low level of CPI inflation means that we should not expect a hike this year. For next year, we expect one 25bp hike to 4.25%. The yield curve should react to the figures with a slight increase on the short end.
Erste Bank
Source:ByDavid Navratil, fxstreet.com

Flights to Poland

Novea - Business in Poland

Railway in Poland: CTL Logistics steams ahead toward bourse debut

Krzysztof Sędzikowski, who has become the president of independent railway company CTL Logistics, might float the company on the bourse.
The company is developing very rapidly. We will be looking for the best possible opportunities to finance this growth. One of the options for collecting funds is the bourse. This could take place within one to three years," said Sędzikowski. He went on to say that the firm will still focus on railway transport and related logistics services. Management of the company declared earlier in the year that the company should boost its turnover by 50% at the end of 2006, and in 2007 gain a 30% share in the international market. According to analysts, floating the company on the bourse is good idea, especially considering planned investments in rolling stock. However, the rapid acceleration of CTL Logistics could mean trouble for PKP Cargo.

Flights to Poland

Novea - Business in Poland

Railway in Poland: Russian fuel will be transported by rail

Russian concern Lukoil will invest even tens million dollars in Poland. It plans to carry oil products and natural gas by rail. In addition the company wants to build a cargo handling centre in Poland.
Lukoil is currently in talks with PKP Linia Hutnicza Szerokotorowa, whch manages the only Eastern span track railroad. According to Marek Kapłon, the investments director in PKP LHS, the project of common undertaking is ready. – At the moment we are waiting for the Russian side to send a letter of intent and a preliminary agreement project.

The cooperation with Russian conern is a big chance for Polish firm. As mr Kapłon says, Russians declare that they want to carry even 6 mln tons of their products a year. Last year PKP LHS carried 5,1 mln tons in general.

Lukoil also intends to build a cargo handling centre in Sedziszów. Currently the company is in negotiations with the city’s government concerning location of the centre.

Flights to Poland

Novea - Business in Poland

Poland to join AWACS system

An AWACS plane has landed at Powidz airbase in western Poland. Two such aircraft are presented there as negotiations continue on Poland joining a NATO organization created to run and manage the Airborne Warning and Control System.
The participation cost is estimated at 70,000 zlotys or 23,300 dollars annually. The ministry of defense, which will cover it, says that 30 percent of the money spent will be refunded in offset deals and 70 percent in sub-contractor deals on the production of some elements of the system.
AWACS planes with their super-radars can be used in crisis and war situations or to provide security measures during important events. They were used, for example, when Pope Benedict XVI visited Poland.
Source:Radio Polonia, polskieradio.pl

Flights to Poland

Novea - Business in Poland

Japan's Sumitomo To Import Pork From Poland

TOKYO (Nikkei)--Sumitomo Corp. (8053.TO) has teamed up with major U.S. meat company Smithfield Foods Inc. to commence its first imports of Polish pork as it seeks to expand overseas sources of meat and processed foods, The Nihon Keizai Shimbun reported in its Friday morning edition.

Each year, the general trading company will purchase from Smithfield's Polish subsidiary around 10,000 tons of frozen meat for use by restaurants and processed food companies. The Ministry of Agriculture had until February banned imports of pork from Poland because foot and mouth disease was considered epidemic there.

Sumitomo plans to buy U.S. ham, sausage and bacon from Smithfield starting sometime next year, and may also procure ham from Spain.

Following the suspension of poultry imports from Thailand and China due to bird flu, Sumitomo has been buying 2,000 to 3,000 tons of chicken each year from a Smithfield facility in Poland.

Since the 1980s, Sumitomo has held a roughly 1% stake in Smithfield, the world's largest pork processor, and imports 20,000 tons of U.S. pork annually.

Flights to Poland

Novea - Business in Poland

Poland-NZ double tax agreement in force

New Zealand's new double tax agreement with Poland has entered into force, Revenue Minister Peter Dunne announced Tuesday.

He said the agreement will take effect in both countries for withholding tax from Jan. 1, 2007. For other taxes it will generally take effect from Jan. 1, 2007 in Poland and from April 1 2007 in New Zealand.

Dunne said Poland's integration into the economy of the European Union, which it joined in 2004, should lead to significant trade opportunities for New Zealand.

Current exports to Poland include offal, butter, wool and tools, and imports to New Zealand include lamps, dried fruit, electrical switching equipment and glassware.

Double tax agreements remove tax obstacles to cross-border trade and investment. They prevent businesses being taxed twice on income, give greater certainty about how cross-border investment income is to be taxed, reduce compliance costs for some activities and lower tax on some income, said Dunne.

Source: Xinhua

Flights to Poland

Novea - Business in Poland

Krakow Valley, Poland, hope to build a golf tradition in Europe

Golf is a game that rests heavily on tradition. Imagine looking back 20 years on the game and seeing...nothing.

Such is golf in Poland, a country of 38 million but just 2,500 registered golfers. That's like saying LA., Chicago, New York and some change has just 2,500 golfers (Bethpage Black probably sees that amount every Saturday).

There was only one course prior to World War II in the whole country, then the communists came in (not golf fans apparently) and the game was banned. After the revolution in 1989, golf was once again available, but with no culture and no money, who's got 18 holes on the brain?

I'm in Krakow the next few days at the Krakow Valley Golf & Country Club, the only 18-hole complex within 120 kms of a city of 800,000-plus. One of the club's attempts at increasing the game's awareness is by offering free Sunday clinics to kids and adults.

Is it Scotland yet? Hardly, but there's some beautiful terrain and tons of potential. More to come on GolfEurope.com and WorldGolf.com when I return.

Source:By Brandon Tucker, a Golf Publisher Syndication blog,

Flights to Poland

Novea - Business in Poland

Alcatel Deploys Netia's First WiMAX Network in Poland

Alcaterl (Paris: CGEP.PA and NYSE: ALA) announced that Netia SA (WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, launched the initial phase of its live broadband wireless access network in Poland, using WiMAX end-to-end solution delivered by Alcatel.

Under the agreement, Alcatel supplied, installed and integrated an end-to-end WiMAX solution covering 20 cities all over Poland. This provides Netia's customers with broadband Internet access with data rates of up to 2 megabits per second. The network is using the 3.6-3.8Ghz frequency band and supports data-intensive services such as high-quality video streaming.

"One of our goals is to be able to expand country-wide quickly and to cost effectively offer broadband access over a wide geographic area," stated Piotr Czapski, Strategy and Business Development Director from Netia. "This network gives users high quality broadband services, including in new areas in Poland beyond the reach of our existing fixed line network. We are benefiting from Alcatel's global leadership in fixed broadband as well as its deep experience applications and services for broadband. "

Netia is the leading alternative fixed-line telecommunications operator in Poland. It operates on the basis of its own, state-of-the-art fiber-optic backbone network that connects the largest Polish cities as well as its local access networks. Netia provides a broad range of telecommunications services, including voice, data and network wholesale services. To further strengthen its customer offering by including a convergent product, Netia intends to offer mobile services based on the UMTS frequencies reservations awarded Netia Mobile in the tender organized by the Polish Regulator. Netia Globe and Netia Šwiat, Netia's subsidiaries, were announced the winners of the tender for frequency reservations in the 3.6 - 3.8 GHz band. Netia plans to use the above-mentioned frequencies to provide telecommunication services based on the WiMAX technology. International and Polish finance funds are the biggest Netia's shareholders. Netia's shares are listed on the Warsaw Stock Exchange.

Source:By Robert Hoskin

Flights to Poland

Novea - Business in Poland