Maciej Martewicz

Reporter at Bloomberg News

Warsaw-based Bloomberg reporter writing mainly about energy and mining. Arsenal fan. Opinions my own. RT ≠ endorsement

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Articles

Tusk’s ‘Poland First’ Call Has Utility CEOs Coveting Cheap Power

1 week ago | bloomberg.com | Maciej Martewicz

Donald Tusk(Bloomberg) -- Poland’s top utility executives are heeding Prime Minister Donald Tusk’s call for state power companies to provide cheap electricity as the country seeks to stay competitive amid the tectonic changes in global trade. On Monday, Tusk met with top executives of the biggest power utilities and had what he described as “not an easy” conversation.
Tusk Rattles State Utilities With Call to Put Poland First

1 week ago | financialpost.com | Agnieszka Barteczko |Maciej Martewicz

Article content(Bloomberg) — Poland’s Prime Minister Donald Tusk called on state-run companies to promote domestic economic interests instead of maximizing their profits as the era of “naive globalization is over.” Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
Tusk Rattles State Utilities With Call to Put Poland First

1 week ago | bloomberg.com | Agnieszka Barteczko |Maciej Martewicz

Poland’s Prime Minister Donald Tusk called on state-run companies to promote domestic economic interests instead of maximizing their profits as the era of “naive globalization is over.” Shares in Warsaw-listed utilities dropped after the premier unveiled the shift during a speech at a business forum on Tuesday as US President Donald Trump shakes up the rules of global trade with tariffs and America First policies.
Top EU Miner Faces Uphill Battle to Tame Accelerating Cash Burn

1 week ago | bloomberg.com | Maciej Martewicz

A coking coal processing facility operated by JSW, in Pawlowice, Poland. (Bloomberg) -- JSW SA has asked Poland’s social security office to allow it to delay this year’s payments in the latest sign of the struggles the European Union’s biggest coking coal miner is facing as it burns through more cash amid dwindling prices and rising costs.
Once-a-Decade $8 Billion Bank Deal Sets Polish M&A Market Abuzz

1 week ago | bloomberg.com | Maciej Martewicz

Hi, this is Maciej Martewicz in Warsaw. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here. We will be taking a break next week due to the Easter holiday. Eastern Europe Edition will resume on April 25. One of the most coveted banking markets in eastern Europe is offering a rare big-time entry opportunity.
Poland's Central Bank Governor Sees Rate Cuts Coming Soon

3 weeks ago | financialpost.com | Agnieszka Barteczko |Maciej Martewicz

“This moment is nearing,” Glapinski told reporters at a news conference on Thursday, when asked about the possible timing of rate cuts, adding that he may personally file a motion to reduce borrowing costs. The scale of monetary easing may exceed 100 basis points this year, Glapinski said, if the government prevents energy prices from rising.
PLN/EUR Zloty Drops as Poland Central Bank Governor Sees Rate Cuts Coming Soon

3 weeks ago | bloomberg.com | Agnieszka Barteczko |Maciej Martewicz

Polish central bank Governor Adam Glapinski said policymakers may soon cut interest rates after adopting a “dovish” stance in a shock about-face that sent the zloty and Warsaw-listed stocks tumbling. Speaking a day after the Monetary Policy Council left the benchmark at 5.75%, Glapinski said slower-than-expected inflation in the first quarter triggered a “radical shift” in policymakers’ outlook.
Poland Seeks Big Energy Buyers as Partners in Next Nuclear Plant

1 month ago | financialpost.com | Agnieszka Barteczko |Maciej Martewicz

The European Union’s most coal-dependent country is already working with US partners to prepare its first atomic-energy complex, a project seen worth 192 billion zloty ($50 billion). A third of this sum will come from Poland’s budget and the rest mostly via state-guaranteed debt.
Poland Wants Energy Buyers Like Big Tech, KGHM as Partners for Nuclear Plant

1 month ago | bloomberg.com | Agnieszka Barteczko |Maciej Martewicz

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Poland Seeks Big Energy Buyers as Partners in Next Nuclear Plant

1 month ago | news.bloomberglaw.com | Agnieszka Barteczko |Maciej Martewicz

Poland seeks to partner with large electricity consumers, such as tech companies or miner KGHM Polska Miedz SA, in its second nuclear power plant to reduce the costs for taxpayers, the government official in charge of the program said. The European Union’s most coal-dependent country is already working with US partners to prepare its first atomic-energy complex, a project seen worth 192 billion zloty ($50 billion).