Locked content Grupa Waryński with permit for Miasto Wola

Developer Grupa Waryński has received a valid business permit for the construction of phase one of residential estate Miasto Wola, a project it is developing in JV with investor Dantex. The first stage involves developing 112 apartments between 27 sqm and 144 sqm as well as 119 parking places. Sales...

Locked content Core inflation remains at 0.8%

Core inflation, excluding food and energy prices, amounted to 0.8 percent year-on-year in May, equal to the April figure, the National Bank of Poland said on Monday. Inflation excluding state-controlled prices amounted to -0.2 percent y/y compared to -0.1 percent in April. Inflation excluding the mo...

Locked content More work for Polish clothing producers

The situation of the Polish apparel sewing industry is improving, Puls Biznesu reported. Data from the Central Statistics Office show that the volume of clothing production in Poland grew by almost 3 percent year-on-year to PLN 7.1 billion in 2013. The beginning of 2014 was also favorable. “We...

Locked content Torpol launches IPO

Torpol, the railway infrastructure subsidiary of construction group Polimex-Mostostal, launched its initial public offering on Monday. The company wants to raise PLN 52 million. Book-building is scheduled to be completed on June 24. Subscriptions for individual investors are planned for June 25-27. ...

Locked content CC Rokita raises PLN 98.3 mln in IPO

Chemicals PCC Rokita, sold nearly 3 million shares during its IPO on Monday. With each share pried at PLN 33, the company raised PLN 98.27 million. The company allotted 2,531,296 shares in the institutional tranche and 446,699 shares in the retail tranche, the filing showed. The funds from the IPO w...
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Tape scandal rocks political scene

Interior Minister Bartłomiej Sienkiewicz and National Bank of Poland President Marek Belka discussed the dismissal of Finance Minister Jacek Rostowski in July 2013, three months before he was actually let go, according to illegally made recording made public by the Wprost magazine. The recording, pa...