Results for Poland
- Poland Seeks to Jolt Economy
Poland will increase its budget gap for this year by nearly half, the government said yesterday, acknowledging the severity of the current slowdown in the economy so far among the most resilient to Europe's financial crisis, the Wall Street Journa ...
Daily Headline - abi_admin - 07/16/2013 - 21:43 - 0 comments
- GTI Travel Polska Declares Insolvency
After German travel agency GTI Travel declared bankruptcy on Monday, its Polish unit has decided to suspend sales and declare insolvency, the Warsaw Business Journal reported. The Polish company has said it is looking for new flights for its clients ...
Daily Headline - global.abi.org - 06/05/2013 - 21:15 - 0 comments
- Vodka Maker CEDC Bankruptcy Plan Approved
A bankruptcy court on Monday approved Central European Distribution Corp's bankruptcy exit plan, putting Russian billionaire Roustam Tariko on the verge of adding one of the world's largest vodka producers to his stable of companies, Thomson Re ...
Daily Headline - global.abi.org - 05/14/2013 - 19:36 - 0 comments
- Poland’s Private Pension Funds ‘Giant Mistake’, Minister Says
The Polish government will work to correct “a giant mistake” that is the country’s private pension system, introduced in 1999 and responsible for the bulk of Poland’s public debt, its finance minister said Tuesday, The Wall Street Journal Emerging Eu ...
Daily Headline - global.abi.org - 04/16/2013 - 20:12 - 0 comments
- Alfa Group's A1 Withdraws Restructuring Bid For Vodka Maker CEDC
A unit of Russia's Alfa Group said on Thursday it had withdrawn its proposal to acquire Central European Distribution Corp, one of the world's largest vodka producers, through a restructuring of CEDC's finances. Alfa Group unit A1 said in ...
Daily Headline - global.abi.org - 03/28/2013 - 20:12 - 0 comments
- Poland's CEDC Gets New Restructuring Proposal From A1-Led Group
Central European Distribution Corp , a leading vodka producer that missed a debt payment last week, received a restructuring plan offering $280 million in cash, which would turn the equity over to a group led by a Russian investor, Reuters reported. A1, ...
Daily Headline - global.abi.org - 03/21/2013 - 22:17 - 0 comments
- Vodka Maker CEDC Scraps Bond Offer, Extends Bankruptcy Deadline
Central European Distribution Corp , the maker of Russian Standard Vodka, said it has scrapped a bond exchange after a rival company owned by its chairman made its own offer for the same notes, Reuters reported. Roust Trading Ltd, owned by Russian billio ...
Daily Headline - global.abi.org - 03/20/2013 - 05:37 - 0 comments
- Poland's Lot Airline Working On Rescue Plan
Poland's LOT airline said Friday it will present a plan to stave off bankruptcy next month after the government indicated that there will be no more money for the lossmaking state-owned company, the Associated Press reported. Poland's main link ...
Daily Headline - global.abi.org - 02/24/2013 - 20:25 - 0 comments
- Poland Warns Against More Cuts to EU Budget
Poland’s government drew a line in the sand ahead of the upcoming European Union’s summit, saying proposed 30 billion euros ($39.9 billion) of additional budget cuts were “inconceivable,” The Wall Street Journal Emerging Europe blog reported. EU lead ...
Daily Headline - global.abi.org - 02/05/2013 - 20:51 - 0 comments
- Polish Leader Turns Up Heat to Fix LOT Airline
Polish Prime Minister Donald Tusk turned the screw tighter on his treasury minister Friday by saying the official’s job and place in the cabinet depended on putting the country’s troubled flag-carrier, LOT Polish Airlines, on secure financial footing, ...
Daily Headline - global.abi.org - 02/03/2013 - 21:40 - 0 comments