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New Connect and contemporary art - stock market debut of Abbey House

on the Polish art market lately you will see positive changes - new entrants, or refresh the well-known institutions. When it seemed that after the economic crisis, nobody is interested in investing in art, in mid-2010 was Auction House Abbey House SA . (DAAH). This company is interesting not only for taking the courageous decision of the date of commencement of activities, but also for the adoption of innovation (as in the Polish market auction) business model. The traditional auction house business model is based on the secondary market, a seller is the owner works of art, not being the author. Abbey House arranges sale of the work between the artist and the buyer through an exclusive contract. Therefore, focuses on contemporary art, working with living artists. Although there DAAH less than a year, it's growing, not only by enlarging the group of artists, which binds to the contract. Company's executives also care about multiplication of finance capital. May 5, 2011, the DAAH debuted on New Connect market. On the first day of trading share increased by 38% to 4.95 zł . For May 23 quotations were below 5 zł. Last week a substantial increase, which is probably associated with establishing the DAAH collaboration with Andrzej Wajda . On Monday, May 23 was the opening of the collection of reproductions of drawings by the great director. Shares prices rose sharply on May 27, because the price ceiling was flat from 7.4 at the opening of the zł 10.59 zł.

should be noted that DAAH is not the first auction house located on the Polish stock market. New Connect made its debut in 2007 Art NEW media to a year later to be quoted on the Stock Exchange in Warsaw.

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visit to Barack Obama in Poland

Air Force One, a leader of the American plane landed at about 17.30. Obama will be the special guest of the seventeenth summit of Central Europe, organized by President Bronislaw Komorowski.

Air Force One, a leader of the American plane landed at about 17.30

Before coming to the Presidential Palace, U.S. President will lay flowers at the Tomb of the Unknown Soldier and the Monument to the Ghetto Heroes in Muranów.

U.S. President Barack Obama has landed at Warsaw's Okecie airport, thus officially starting his first visit to Poland.

American car limo services accompanying Obama.

Obama in the Field Cathedral of the Polish Army

Obama made flowers at the "Table" Smolensk "

Obama at a memorial to victims of the disaster Smolensk

When Barack Obama laid a wreath at the Tomb of the Unknown Soldier, the orchestra played the Polish national anthem. The U.S. president has written in the guestbook. "Tribute to the unknown soldier - President of the United States" - wrote Obama. He greeted the veterans and soldiers were present at Pilsudski Square

Barack Obama laid flowers at the Monument to the Ghetto Heroes in Muranów. Several minutes talking with representatives of the Jewish community and others.

Presidential Palace before the arrival of U.S. President Barack Obama waited a few dozen people - the Initiative "Stop War" and the Association Solidarity 2010 "

with survivors of the Holocaust, the mayor of Warsaw, Hanna Gronkiewicz-Waltz and Culture Minister Bogdan Zdrojewski

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Margo Dydek, Towering Women's Basketball Center, Dies at 37

Ms. . Dydek, a native of Poland, was the No.. 1 pick in the 1998 WNBA draft by the Utah Starzz. She Also played for San Antonio , Connecticut, and Los Angeles.

BRISBANE, Australia — Margo Dydek, a 7-foot-2 former WNBA player who led the league in blocks nine times, died yesterday at 37 after being placed in a medically induced coma following a heart attack a week ago.

Cathie Roberts, the operations manager for the Northside Wizards, for which Dydek was a coach, confirmed her death to The Associated Press. The team, which is based in Brisbane, is a member of the Queensland Basketball League, an Australian development league.

Dydek, who was pregnant with her third child, had been in a medically induced coma since having a heart attack on May 19 at her home in Brisbane. The child did not survive.

The W.N.B.A.’s tallest player ever, Dydek was often described during her 10 full seasons in the league as the tallest active female basketball player in the world.

She was drafted by the Utah Starzz in 1998, the league’s second season. She played seven seasons with the team, five in Utah and two in Texas after the franchise (renamed the San Antonio Silver Stars) relocated there in 2003.

Traded to the Connecticut Sun in 2005, Dydek spent three seasons with the team, then, after retiring from full-time play, played two games with the Los Angeles Sparks in 2008.

Popular with players and fans, she spoke five languages and was affectionately called Large Marge by teammates.

Dydek, who weighed 223 pounds and had a 7-foot wingspan, was distinguished by a grace and agility that belied her size.

She led the W.N.B.A. in blocked shots nine times, from 1998 to 2003 and from 2005 to 2007, for a career total of 877 in 323 games. In 2001, she was the league leader in defensive rebounds, with 214.

She averaged 10 points per game, for a career total of 3,220. Dydek, who could dunk handily in warm-ups, did not do so in games.

Malgorzata Dydek (pronounced malgo-ZHAH-teh DID-ik) was born in Poland on April 28, 1974, to a lofty family. Her father, Jan, a restaurateur, and her mother, Maria, were both well over 6 feet tall. So were her sisters, Kashka — who in the 1990s spent a season with the Colorado Xplosion in the American Basketball League, a short-lived independent women’s league — and Marta, who played for the University of Texas-El Paso.

Providentially, Maria Dydek was a seamstress and made all of the family’s clothes.

Margo Dydek played for teams in Poland, France and Spain before moving to the United States. She was a member of the Polish Olympic team at the Sydney Games in 2000.

Dydek’s survivors include her husband, David, and two sons. Information on other survivors could not be confirmed.

Despite Dydek’s prowess in Europe, American scouts were lukewarm before she arrived in the United States in 1998 for a predraft camp. There was a reason: because of a clerical error, her height was listed as 6-6 in the advance materials they had been given.

Then Dydek walked through the door. The scouts scrambled.

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By 2012 40% of Hospitals Should Operate as Companies Under New Law

Poland's new health care system legislation, to be signed by President Bronislaw Komorowski this week, may result in a surge in the number of hospitals transformed into companies owned by local authorities, the daily Dziennik Gazeta Prawna writes.

According to the new law, hospitals that generate losses (and losses were generated by 293 out of 530 public hospitals in the fiscal year 2009) will have three months to pay their debts and if they fail to do so, they will have 12 months to become companies, the daily writes.

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the weekend: Women Annie Leibovitz

The Royal Baths walking around we see an exhibition of Annie Leibovitz photos . On the fence of the Botanical Garden are 33 works from the album in "Women" created by the author, together with photographs Susan Sontag. Curators of the exhibition wanted to present portraits of women, which beats with pride. Thus, among the selected works will find excellent Secretary of State Madeleine K. Albright next aggressively looking Latynosek or lyrical alongside Gwyneth Paltrow soldiering. For some well remember the portraits from the album "Women" exhibition of a collection may seem inadequate. Insufficiency may result from the lack of photos doing more impressive than those presented. And for those unfamiliar with the best portraitist of our time the exhibition will be the first step to learn more about the work of Annie Leibovitz .

exhibition lasts until May 16. formed under the Polish Advertising Festival.
place: a fence of the Botanical Garden, Al. Ujazdowskie 4 Warsaw
curators: Anna Zimecka, Katarzyna Górska

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Christie's auction winds up the demand for coin collectors market, luring

On Wednesday, May 4 at the auction house Christie's in New York was betting Impressionist and modern art j . In the offer there were 57 works, of which 10 works were sold by lot, 11 works were sold at a price estymowanej price. In terms of value can be distinguished: nineteen works worth over $ 1 million, four more than $ 5 million, and three more than $ 20 million. The total value of buildings amounted to 47 wylicytowanych USD 136.5 million.
price has been impressive, "Paysage de banlieue" (1905) Maurice Vlamnick a. Its value is valued at 18-25mln euros. During the auction price reached $ 500 482 in 1922. Picture in 1994 during the auction at Christie's bought a well-known collector Steve Cohen for 6 822 500 USD. The average annual rate of return on investment, therefore, was 19%.
for the same value (22 482 500USD) reached the second most expensive painting sold this evening, "Les Peupliers" (1891) Claude Monet . During the earlier auction, that is, in November 2000 this work was purchased for $ 7 046 000 USD. Jobs coin like object Vlamnicka tripled in value during the last auction. But "Les Peupliers" did it in a shorter period, which average annual rate of return was 29%.
third most expensive - 15 762 $ 500 - the image was "Les Femmes d'Alger, Version L '(1955) Pablo Picasso.

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KGHM Miners Stage Violent Demonstration Demanding Wage Rise

Some 1,000 miners of the KGHM copper giant held a demonstration and stormed the company headquarters in the southwestern Polish town of Lubin on Thursday morning demanding a 300 zlotys wage rise for all employees.

They were confronted by the management board, which soon had to withdraw as the protest turned violent.

Some miners used beer cans and firecrackers to attack guards protecting the building and forced its glass doors. They stopped short of entering when they saw police inside.

The management rejected trade union demands to introduce universal pay hike and stood by its earlier proposals including a new motivational program, increasing premiums paid by employer to the pension program and making medical benefits a part of the collective agreement, KGHM said in a press statement after the event.

"I do not mind paying well for good work," CEO Herbert Wirth is quoted as saying. "But justice does not mean everyone paying the same amount."

"We do not want to spoil the motivational system with the Equal Pay raises for all," he added. KGHM argued

That yielding a trade union demands would cost the group much more Than 200 million zlotys, the statement read. The management

Expressed its will to continue talks with the unions in the framework of a public hearing.

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Zabka store chain goes into the hands of Lontano

Lontano Company Investments is controlled by private equity fund Mid Europa Fund III. Poland leads include frog grocery chain Zabka and Freshmarket. In 2007, 100 percent. Poland frog shares was bought by Central European investment group Penta Investments.

After conducting an antitrust proceeding, the OCCP stated that the acquisition "will not lead to a significant lessening of competition". Such approval was needed because under the law of the notification to the antitrust authority is subject to each transaction involving companies with a combined turnover exceeding 1 billion worldwide, or 50 million euros in Poland.

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Quarterly sales rose by 22.8 Ladybug

largest quarterly sales Polish retail network increased by 22.8 percent. to over 1.3 billion. No company in the commercial market is not growing as fast.

As reported in the communication Ladybugs owner, a Portuguese group Jeronimo Martins if the turnover will be excluded from newly opened stores sell the networks to rise 14.7 percent. Ladybug also been responsible for 59.6 percent. the group's turnover.

sales increases in Poland are in line with our expectations - said in a message quoted Pedro Soares dos Santos, Jeronimo Martins. Quarterly revenues

group increased 14.7 percent. to 2.247 billion, EBITDA by 24 percent. to 146.7 million euros and net profit of 33.5 percent. to 56.4 million. At the end of March 1665 Ladybug had shops, a year earlier it was 1504.