German companies eager to swell Russia’s coffers

German companies are the second largest foreign taxpayer in Russia. The German newspaper Frankfurter Allgemeine Zeitung (FAZ) reports that two-thirds of German companies that operated in Russia before the attack on Ukraine are still present there, continuing their business activities. In total, 261 German companies operate in Russia. This group includes such well-known brands as […]

Polish Briefing: PGE and Orsted with new contractors for Baltica 2 I Orlen CEO’s red line Germany’s inaction I Poland’s heat pump market

PGE and Orsted ink contracts for offshore wind farms „The PGE Group and Orsted have signed contracts with Navantia-Windar and Orient Cable (NBO) to provide the foundations and internal cables for the Baltica 2 Project, which is one of the phases of the Baltica Offshore Wind Farm,” the companies announced in a press release. The […]

Polish Briefing: Rosneft saga in Germany continues I Poland’s only reactor to be modernized I Russian oil still sold in southern Europe

Germans remain silent about derusfying Schwedt, but signed a contract with Kazakhstan The Schwedt refinery has signed a time-limited contract for oil supplies from Kazakhstan. It is not known whether this facility will be derusified and Poles are concerned that the raw material billed as Kazakh is physically from Russia. The Schwedt refinery in Germany […]

Polish Briefing: Germans reluctant to shake off Russian oil firm I Gaz-System’s VP member of GIE board

Reuters: Poland urges Germany to speed up Rosneft’s exit from Schwedt refinery According to Reuters, Poland’s Climate Minister Anna Moskwa said that „Germany needs to speed up the sale of Russian energy group Rosneft’s majority stake in the Schwedt refinery for Poland to deliver in full on a crucial supply deal for the refinery”. Refinery […]

Jakóbik: The tortured Turów is back

A recent court ruling has revived the dispute over the Turów mine at the beginning of the election campaign in Poland. The sentence is purely procedural, but the parties are deploying arguments on energy security and the envrionment – writes Wojciech Jakóbik, editor-in-chief at BiznesAlert.pl.

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