The final results of the 2010 presidential election in Poland
The popular election of the President of Poland were held on June, 20 2010. As no candidate received majority votes in the first round, a second round was held on July, 4 2010. Bronisław Komorowski, candidate of Civic Platform, defeated Jarosław Kaczyński, candidate of Law and Justice. World crisis, 2010 floods in Poland and the Smolensk disaster were the main themes in the last months of the election campaign.The results of the presidential election in Poland
The presidential election was held on 20 June 2010. None of the candidates obtained 50 per cent of votes. Therefore it is necessary to hold a run-off election between the two leading candidates: Bronisław Komorowski, Civic Platform (41.22 per cent of votes) and Jarosław Kaczyński, Law and Justice (36.74 per cent of votes). 54.85 per cent of the Poles participated in the election.The run-off election will be held on 4 July 2010, from 6 am – 8 pm.
The presidential election in Poland
- Marek Jurek (Right of the Republic), Former Marshal of the Parliament, Sejm
- Jarosław Kaczyński (Law and Justice), Chairman of the party and former Prime Minister
- Bronisław Komorowski (Civic Platform), Marshal of the Parliament and Acting President
- Janusz Korwin-Mikke (Liberty and Rule of Law), Founder and leader of the party
- Andrzej Leppert (Self-Defense of the Republic of Poland), former Deputy Prime Minister
- Kornel Morawiecki (Fighting Solidarity), Founder and leader of Fighting Solidarity
- Grzegorz Napieralski (Democratic Left Alliance), Chairman of the party
- Andrzej Olechowski (independent), Former Minister of Foreign Affairs
- Waldemar Pawlak (Polish People's Party), Chairman of the party, Former Prime Minister and Current Deputy Prime Minister
- Bogusław Ziętek (Polish Labour Party), Free Trade Union "August '80” and Polish Labour Party leader.
The Annual General Assembly on the 30th June 2010 - invitation for the members and sympathizers
"Practical considerations in connection with Polish-Danish business relations"
TO THE ANNUAL GENERAL ASSEMBLY OF MEMBERS OF
POLISH DANISH BUSINESS FORUM
We invite you to attend the Annual General Assembly, to be held at:
Vindrose Rejser Office (the first floor of the ferry terminal), in Dampfærgevej 30, 2100 Copenhagen Ø, Wednesday 30 June 2010 at 4 p.m.
Agenda:
- Appointment of Chairman and recorder
- Annual Report of the Board of Directors
- Approval of the Annual Accounts
- Establishment of annual fee for members
- Motions by the Board of Directors or by the members
- Election of Board Members
- Election of Auditor
- Miscellaneous
During the meeting, Mr. Aage Krogh Attorney-at-Law / Partner of MAGNUSSON ADVOKATFIRMA will give a lecture on : "Practical considerations in connection with Polish-Danish business relations"
Members proposal to be discussed and to be decided at the Annual General Assembly have to be submitted at least 5 days before the Assembly in the written form to the board.
Please confirm your participation by mail (e-mail: az@polishdanishforum.dk ) or fax (39622554) by 25 June 2010.
Looking forward to seeing you.
Your sincerely
Andrzej Zywien
Chairman of the Board
Vast deposits of shale gas in Poland
Forecasts of specialists
The Polish Ministry of Environment has granted 44 concessions to search for such unconventional gas deposits. The rising interests of corporation had been instigated by American forecasts. These state that Poland may contain within its territory between one trillion and three trillion cubic meters of shale gas. To compare, a year a yearly consumption of 14 billion cubic meters of blue fuel takes place in Poland. Hence, the immense interest among the gas sector companies applying for licenses to drill wells in Poland.
According to the Ministry of Environment, the details are yet uncertain, since the first drilling will begin in April in the Pomeranian province, near Lebork. The Ministry is waiting for further drilling, which will provide answers to whether the mining of shale gas in Poland makes sense. The Polish Geological Institute estimates that Poland has a huge potential of unconventional gas resources. Prospects are being conducted. According to the PIG-u, the shale gas should be present within the strip of Pomerania, by the Mazowsze and Podlasie, the Lublin area.
Investment in Poland in the times of crisis
The crisis did not exert a negative influence on investment in Poland. Last year's value of direct foreign investment accounted for 84% of the Poland's FDI volume recorded in the pre-crisis 2008. Preliminary data published by the National Bank of Poland shows that FDI inflow to Poland in 2009 reached EUR 8.4 billion. In 2010 the Polish Information and Foreign Investment Agency has been developing 118 investment projects, i.e. by over 40 more than at the same time last year.
- In fact, Poland was the most effective European country in tackling the economic downturn. The country did not cease to provide investors with a product which has currently been in short supply i.e. economic stability and managed to classify high in the rankings of attractive investment destinations, also to investors in the steel industry. Moreover, positive changes are expected in the steel branch in the next few years. Major infrastructure projects and the expected economic revival should fuel demand for steel in the construction sector as well as in other branches - said Sławomir Majman, President of the PAIiIZ Board. Despite that 2010 will continue to be a tough time for foreign direct investment, not only in Poland but worldwide. While capital flows from countries which have traditionally ranked among the biggest investors has diminished, the group of potential foreign investment destinations has constantly been growing.
A company which has not stopped investing in Poland despite the global crisis is ArcelorMittal Poland. Sanjay Samaddar, President of the ArcelorMittal Board in Poland presented the company's investments in Poland and discussed investment plans for 2010 - Who does not invest, lags behind and is not able to respond to new market challenges. Investments worth PLN 3.8 billion implemented during the five years since privatisation, braced us up for the tough economic conditions which we all have been facing since the end of 2008 - emphasised the President of ArcelorMittal Poland. - We are convinced that even in the times of general economic downturn, it would be a mistake to stop investing. That is why only in 2009 we allotted PLN 200 million to investment and extensive modernisation of a cold mill in Cracow as well as to the opening of a measurement and control block for track testing in a big mill in Dąbrowa Górnicza. In the beginning of the year another important investment project was completed - a furnace in Dąbrowa Górnicza. This year the company will focus on product quality improvement, assortment expansion with technologically advanced products and improvement of production effectiveness and product precision. Last year's and 2010 investments correspond with client's growing expectations towards the quality of offered products. Modern solutions will allow the company to enrich its current assortment and will guarantee high product quality. (PAIiIZ)
Source: Polish Information and Investment Agency
- Poland's rate council could raise interest rates once or twice by the end of the year
- In February 2010 Poland's export grew by 20.1%, while imports jumped by 22.3% yoy
- Polish-Russian economic cooperation likely boosted by warmed relations
- Poland will get a reward from EU for its strong economic performance
Sources: National statistics office, Bank of Lithuania, ECB, Eurostat, European Commission