In central Poland, robots replace people as minimum wage rises [Reuters]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: Reuters
In central Poland, robots replace people as minimum wage rises STARE MIASTO, Poland (Reuters) - Henryk Kaminski has responded to a hike in Poland’s minimum wage by automating some roles at his family’s plastics factory, illustrating the risks of a policy that aims to raise living standards but could push up prices and stifle jobs growth. The ruling Law and Justice (PiS) party plans to increase the minimum monthly wage to 4,000 zlotys by the end of 2023, almost double its 2019 level, starting with a rise of over 15% to 2,600 zlotys this month. But as workers become more expensive, some Polish firms are investing in technology to help them remain competitive. At Kon-Plast, the factory at Stare Miasto near Konin in central Poland where the Kaminski family produces plastic containers, a newly purchased printing machine will replace two staff members on each of four teams that work shifts. “That is a saving of eight people through implementing this type of automation,” Henryk Kaminski said
Show less
Read more
Impact Snapshot
Event Time:
CRARY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRARY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRARY alerts
High impacting CREDIT AGRICOLE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CRARY
News
- Trafigura Paid Bribes Via ‘Mr. Non-Compliant,' Swiss Prosecutors Say [Yahoo! Finance]Yahoo! Finance
- Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale [Yahoo! Finance]Yahoo! Finance
- Credit Agricole SA (CRARF) Q3 2024 Earnings Call Highlights: Navigating Profit Challenges and ... [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada