Karol Nawrocki, candidate from the Law and Justice party, has won the second round of the presidential election in Poland, according to Gazeta Wyborcza.
According to the Polish National Electoral Commission, after 100% of the votes were counted, he received 50.89%.
It is noted that his opponent, Warsaw Mayor Rafal Trzaskowski, received 49.1% of the vote.
A week before the election, Polish Prime Minister Donald Tusk called presidential candidate Nawrocki’s statement that Poland would never support Ukraine’s accession to NATO treason.
Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here — https://youtu.be/u1NMbFCCRx0?si=6L76qeuNamxg6py1
ECONOMY, EXPERTS_CLUB, Karol Navrotsky, POLITICS, PRESIDENT OF POLAND, URAKIN
Change in prices of food raw materials from Ukraine (forecast up to 2025), %
The second round of presidential elections is taking place in Poland on Sunday, with Poles choosing their head of state from two candidates: Warsaw Mayor Rafal Trzaskowski and Karol Nawrocki, head of the opposition conservative Law and Justice party and head of the Institute of National Remembrance.
Polling stations in Poland opened at 7 a.m. and voting will end at 9 p.m.
During the first round of the current presidential election, 67.31% of eligible voters cast their ballots.
A week before the election, Polish Prime Minister Donald Tusk called presidential candidate Nawrocki’s statement that Poland would never support Ukraine’s accession to NATO an act of treason.
Earlier, the Experts Club analytical center released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here —
https://youtu.be/u1NMbFCCRx0?si=6L76qeuNamxg6py1
Ukrproduct Group, a major Ukrainian producer of packaged oil and processed cheese, reported a net loss of GBP 2.04 million for 2024, compared with a net profit of GBP 0.39 million in 2023.
“Financial expenses in 2024 increased by 253% compared to the previous year to GBP 2.8 million, which was caused by significant accruals of commission for deferral of a loan from the EBRD, retrospectively applied for the period from October 2016 to December 2024,” the company explained in its annual report on the London Stock Exchange.
According to the report, in December 2024, the European Bank for Reconstruction and Development (EBRD) decided to exercise its right under the loan agreement and charged a commission of GBP 2.0 million, which increased the company’s liabilities to the bank to GBP 8.1 million.
The group’s gross profit for the past year increased by 3.9% to GBP 7.12 million, while operating profit fell by 36.6% to GBP 1.08 million and EBITDA by 29% to GBP 1.7 million.
Canada’s economy grew 2.2% year-on-year in the first quarter of 2025, the country’s statistics agency reported.
The growth estimate for the fourth quarter of 2024 was revised down to 2.1% from 2.6%.
Analysts polled by Trading Economics had expected Canadian GDP to grow by 1.7% in January-March.
Compared to the previous quarter, Canadian GDP grew by 0.5% after the same increase in the previous quarter. Earlier, it was reported that growth in October-December was 0.6%.
Consumer spending rose 0.3% in the first quarter, while government spending fell 0.8% for the first time in a year.
Exports rose 1.6% and imports rose 1.1%.
The Cabinet of Ministers has approved the terms of privatization of the state-owned stake in cosmetics and household chemicals manufacturer Vinnitsabytkhim, as well as its starting price of UAH 301.4 million, according to the press service of the Ministry of Economy.
According to the report, the new owner of Vinnytsiabythim must maintain the company’s core activities and not allow any layoffs during the first six months.
In addition, they must pay wage arrears and debts to the budget within six months, repay overdue accounts payable (except for debts to sanctioned entities), and comply with environmental legislation.
Vinnitsabytkhim is included in the list of large privatization objects.
As reported, on July 31, 2024, the High Anti-Corruption Court (HACC) upheld the Ministry of Justice’s claim to impose sanctions on the Russian company Nevskaya Kosmetika in the form of confiscating 100% of the shares of the Ukrainian company Vinnytsia Bytkhim to the state.
In July 2022, the seized assets of Vinnytsiabythim were transferred to the National Agency for the Identification, Investigation, and Management of Assets Derived from Corruption and Other Crimes (ARMA).
Following a competitive selection process in July 2023, the right to resume operations and become the asset manager of Vinnytsiabytkhim was granted to Kraitex-Service LLC, whose beneficiaries, according to Opendatabot, are Ruslan Shostak and Valery Kiptik, co-owners of the EVA and Varus chains. Later, Kraitex-Service announced that it would invest UAH 400 million in launching production at Vinnytsiabytkhim.
ARMA terminated its management of the asset in April 2025 and transferred it to the State Property Fund of Ukraine for further disposal. According to the National Agency, during the period of management of the seized asset, almost UAH 100 million was transferred to the state budget.