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Pewex
Pewex () (short for ''Przedsiębiorstwo Eksportu Wewnętrznego'' – Internal Export Company) was a chain of hard-currency shops founded in 1972, during the Communist era in Poland that accepted payment only in United States dollars and other hard currencies, instead of the country's indigenous currency, the Złoty. History Pewex was created in the 1970s to help combat Communist Poland's foreign currency deficit. By the late-1960s, it had become apparent that the then socialist centrally-planned economy of Poland was inefficient. The rule of Edward Gierek led to a short period of economic prosperity. With the aid of foreign loans, Gierek instituted a programme to modernise industry and increase the availability of consumer goods. The standard of living increased markedly and for a time he was hailed a miracle-worker. The economy, however, began to falter during the 1973 oil crisis and by 1976 price increases became necessary, mostly to ease the repayment of these loans. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Republic Of Poland
The Polish People's Republic ( pl, Polska Rzeczpospolita Ludowa, PRL) was a country in Central Europe that existed from 1947 to 1989 as the predecessor of the modern Republic of Poland. With a population of approximately 37.9 million near the end of its existence, it was the second-most populous communist and Eastern Bloc country in Europe. It was also one of the main signatories of the Warsaw Pact alliance. The largest city and official capital since 1947 was Warsaw, followed by the industrial city of Łódź and cultural city of Kraków. The country was bordered by the Baltic Sea to the north, the Soviet Union to the east, Czechoslovakia to the south, and East Germany to the west. The Polish People's Republic was a socialist one-party state, with a unitary Marxist–Leninist government headed by the Polish United Workers' Party (PZPR). The country's official name was the "Republic of Poland" (') between 1947 and 1952 in accordance with the transitional Small Constitutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polish People's Republic
The Polish People's Republic ( pl, Polska Rzeczpospolita Ludowa, PRL) was a country in Central Europe that existed from 1947 to 1989 as the predecessor of the modern Republic of Poland. With a population of approximately 37.9 million near the end of its existence, it was the second-most populous communist and Eastern Bloc country in Europe. It was also one of the main signatories of the Warsaw Pact alliance. The largest city and official capital since 1947 was Warsaw, followed by the industrial city of Łódź and cultural city of Kraków. The country was bordered by the Baltic Sea to the north, the Soviet Union to the east, Czechoslovakia to the south, and East Germany to the west. The Polish People's Republic was a socialist one-party state, with a unitary Marxist–Leninist government headed by the Polish United Workers' Party (PZPR). The country's official name was the "Republic of Poland" (') between 1947 and 1952 in accordance with the transitional Small Constitutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bon PeKaO
Bon towarowy PeKaO (or simply Bon PeKaO) cheques were substitute legal tender (complementary currency) used in the People's Republic of Poland. The Polish government, needing hard foreign currency, introduced them in 1960. Citizens of Poland had to exchange foreign currency they had into these notes (''bony'' in plural), issued by the government-controlled Bank Pekao. They were only accepted in special shops in Poland (Pewex, Baltona) where one could buy restricted, imported goods. Outside of these shops and the entire country, bony had no value and were not regarded as legal tender. In the 1950s and the 1960s, turnover of Western currency was strictly prohibited, and since 1 January 1960, pre-World War Two currency was purchased by the national bank, which paid for it with bony. From the 1970s, these regulations were not controlled as strictly as before, which resulted in a flourishing black market of foreign currency. All Polish citizens, who received money orders from the so- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Bloc
The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed during the Cold War (1947–1991). These states followed the ideology of Marxism–Leninism, in opposition to the Capitalism, capitalist Western Bloc. The Eastern Bloc was often called the Second World, whereas the term "First World" referred to the Western Bloc and "Third World" referred to the Non-Aligned Movement, non-aligned countries that were mainly in Africa, Asia, and Latin America but notably also included former Tito–Stalin split, pre-1948 Soviet ally SFR Yugoslavia, which was located in Europe. In Western Europe, the term Eastern Bloc generally referred to the USSR and Central and Eastern European countries in the Comecon (East Germany, Polish People's Republic, Poland, Czechoslovak Socialist Republic, Czechoslovakia, Hungarian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pekao
Bank Polska Kasa Opieki Spółka Akcyjna, commonly using the shorter name Bank Pekao S.A., is a universal bank and currently the second largest bank in Poland with its headquarters in Warsaw. The Italian bank UniCredit used to own 59% of the company. It sold the bank in December 2016. Now Powszechny Zakład Ubezpieczeń owns 20% of the company, Polish Development Fund 12.80%, UniCredit 6.28% and others 60.94%. The bank was founded in 1929 by the Ministry of Treasury as a national bank, mainly to provide financial services to Poles living abroad. In 1939 the bank had branches in virtually every capital city of countries where Poles lived. The full name "Polska Kasa Opieki" may be translated literally as "Polish Bank of Aid", and the popular form "Pekao" sounds out the acronym "PKO". History Formative years In 1929, the CEO of Pocztowa Kasa Oszczędności, Henryk Gruber, observed that there was a demand for a bank that could provide financial services to the eight million Poles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marian Zacharski
Marian Zacharski (born 1951 in Gdynia, Poland; raised in nearby Sopot), is a former Polish intelligence officer, arrested in 1981 and convicted of espionage against the United States. After four years in prison, he was exchanged for American agents on Berlin's famous Glienicke Bridge. Arguably, he was one of the most famous officers of the Polish intelligence service. In 1996, prosecutors in Warsaw charged him with ''flagrant mismanagement'' at the Pewex company, and Gorzów Wielkopolski police want to question him about illegal car trading. Espionage Zacharski was president of the ''Polish American Machinery Corporation'' (''POLAMCO'') and lived in the United States from about 1977 until 1981. Acting as the commercial representative, he was at the same time an officer of the Polish intelligence service. In June 1981 William Holden Bell, project manager of the Radar Systems Group at Hughes Aircraft in El Segundo, California, and Zacharski, were arraigned on espionage charges. For ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Currency
In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's ''hard'' status might include the stability and reliability of the respective state's legal and bureaucratic institutions, level of corruption, long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. Safe haven currency is defined as a currency which behaves like a hedge for a reference portfolio of risky assets conditional on movements in global risk aversion. Conversely, a weak or soft currency is one which is expected to fluctuate erratically or depreciate against other currencies. Softness is typically the result of weak legal institutions and/or political or fiscal instability. History The paper currencies of some developed countries have earned recognition as hard curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Pekao
Bank Polska Kasa Opieki Spółka Akcyjna, commonly using the shorter name Bank Pekao S.A., is a universal bank and currently the second largest bank in Poland with its headquarters in Warsaw. The Italian bank UniCredit used to own 59% of the company. It sold the bank in December 2016. Now Powszechny Zakład Ubezpieczeń owns 20% of the company, Polish Development Fund 12.80%, UniCredit 6.28% and others 60.94%. The bank was founded in 1929 by the Ministry of Treasury as a national bank, mainly to provide financial services to Poles living abroad. In 1939 the bank had branches in virtually every capital city of countries where Poles lived. The full name "Polska Kasa Opieki" may be translated literally as "Polish Bank of Aid", and the popular form "Pekao" sounds out the acronym "PKO". History Formative years In 1929, the CEO of Pocztowa Kasa Oszczędności, Henryk Gruber, observed that there was a demand for a bank that could provide financial services to the eight million Poles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Łódź
Łódź, also rendered in English as Lodz, is a city in central Poland and a former industrial centre. It is the capital of Łódź Voivodeship, and is located approximately south-west of Warsaw. The city's coat of arms is an example of canting arms, canting, as it depicts a boat ( in Polish language, Polish), which alludes to the city's name. As of 2022, Łódź has a population of 670,642 making it the country's List of cities and towns in Poland, fourth largest city. Łódź was once a small settlement that first appeared in 14th-century records. It was granted city rights, town rights in 1423 by Polish King Władysław II Jagiełło and it remained a private town of the Kuyavian bishops and clergy until the late 18th century. In the Second Partition of Poland in 1793, Łódź was annexed to Kingdom of Prussia, Prussia before becoming part of the Napoleonic Duchy of Warsaw; the city joined Congress Poland, a Russian Empire, Russian client state, at the 1815 Congress of Vien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tilburg University
Tilburg University is a public university, public research university specializing in the social and behavioral sciences, economics, law, business sciences, theology and humanities, located in Tilburg in the southern part of the Netherlands. Tilburg University has a student population of about 20,284 students, about 18 percent of whom are international students. This percentage has steadily increased over the past years. Tilburg University offers both Dutch language, Dutch-and English-taught programs. In 2019, 48 of the total 71 (21 bachelor and 50 master programs) were English-taught. Tilburg University awards approximately 120 PhDs per year. The institution has gained a reputation in both research and education. In the field of economics, RePEc in March 2020 ranked the Faculty of Economics and Business Administration as the 23rd most productive research department in the world, and the 6th in Europe. According to the 2019 Shanghai Ranking, Tilburg University is ranked 5th in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquor
Liquor (or a spirit) is an alcoholic drink produced by distillation of grains, fruits, vegetables, or sugar, that have already gone through alcoholic fermentation. Other terms for liquor include: spirit drink, distilled beverage or hard liquor. The distillation process concentrates the liquid to increase its alcohol by volume. As liquors contain significantly more alcohol (ethanol) than other alcoholic drinks, they are considered 'harder'; in North America, the term ''hard liquor'' is sometimes used to distinguish distilled alcoholic drinks from non-distilled ones, whereas the term ''spirits'' is more common in the UK. Some examples of liquors include vodka, rum, gin, and tequila. Liquors are often aged in barrels, such as for the production of brandy and whiskey, or are infused with flavorings to form a flavored liquor such as absinthe. While the word ''liquor'' ordinarily refers to distilled alcoholic spirits rather than beverages produced by fermentation alone, i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hala "Pewexu" Na Podolanach
Hala may refer to: People * Hala (given name), a female given name (including a list of people and fictional characters with the name) * David Hala (born 1989), Australian Rugby League player * Hāla (fl. 20-24), Indian king of the Satavahana dynasty * Hala Bashi, Uyghur Muslim general of the Ming dynasty and its Hongwu Emperor * Jiří Hála (born 1972), Czech ice hockey player * Martin Hála (born 1992), Czech footballer Places * Al Hala, a neighbourhood in Muharraq, Bahrain, also known as Halat Bu Maher * Hala (Pakistan) railway station, a railway station in Hala, Sindh, Pakistan * Hala railway station, a railway station in Inner Mongolia * Hala, Sindh, a city in Sindh, Pakistan * Hala Taluka, an administrative subdivision of Matiari District, Sindh, Pakistan * Hala, Syria Other uses * ''Hala'' (film), a 2019 film * Al Hala SC, a football club based in Muharraq, Bahrain * Ala (demon), a demon in Serbian and Bulgarian mythology * ''Hala'' (spider), a genus of spider * ''Panda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
