No Image

One year of Katowice mayor

December 9, 2015 Katowice the City 0

Marcin Krupa, Katowice mayor, has summed up 365 days of his presidency. He focused on 10 tasks, which had been prepared and presented during his election campaign over a year ago. Now, the mayor adds two additional assignments – establishment of a metropolis and improvement of air quality.

Marcin Krupa promised last year to fulfill all the 10 tasks during …

No Image

Transport and road investments dominate Katowice budget 2016

November 23, 2015 Katowice the City 0

Katowice will spend more on investments next year, according to a project of the city budget 2016. Also, a total income will be higher than in this year’s budget.

In 2016, Katowice expects that the income will be higher than in 2015 and wants to spend approximately 60 million more on investments. Most of the undertakings will be …

No Image

Katowice rated by Fitch for second time this year

July 27, 2015 Katowice the City 0

Fitch Ratings has affirmed the city of Katowice’s long-term foreign and local currency Issuer Default Ratings (IDR) at “A-” for the second time this year. The outlook is stable.

The affirmation reflects Katowice’s sound operating performance, which is expected to be maintained in the medium term.

The ratings also factor in agency’s expectations …

No Image

No changes in Katowice rating by Fitch

January 31, 2015 Katowice the City 0

Fitch Ratings has affirmed the City of Katowice’s long-term foreign and local currency Issuer Default Ratings (IDR) at „A-”. Fitch has also affirmed the city’s national long-term rating at „AA+(pol)”. The outlooks are stable.

The affirmation reflects Katowice’s sound operating performance, which the agency expects to be maintained in the medium term. The ratings also factor in their expectations that the City’s direct debt will …

No Image

City budget passed for 2015

January 29, 2015 Katowice the City 0

The City Council of Katowice passed the year 2015 budget on Wednesday. Significant amounts will be spent to finish City’s largest investments.

In 2015, the Katowice expenditures will reach PLN 1,731 billion, the total income will amount to PLN 1,550 billion. The remainder (PLN 181 million) will be funded with the Katowice’s high cash reserves (PLN 163,2 million) and loan from …