Plac Zamkowy - Business with Heritage_ panorama Plac Zamkowy-2_Senatorska Investment for web

Locked content Controversial Old Town office project back on track

Senatorska Investment, the investor behind the controversial Plac Zamkowy – Business with Heritage office project, has agreed to make changes to the building’s design required by UNESCO. The scheme is located directly next to the Old Town complex, which is enlisted on the UNESCO World Heritage List....

Locked content Boruta-Zachem mulls AIM listing

Chemical company Boruta-Zachem, which debuted on the NewConnect market of the Warsaw Stock Exchange on Wednesday, is considering a debut on London’s AIM market, the company’s deputy CEO Marcin Pawlikowski told the Polish Press Agency. “We are thinking of entering the alternative market in London com...

Locked content KUKE: Exports up by 8.5% y/y in May

In May Poland exported €13.297 billion worth of goods, which is 8.5 percent more than in the corresponding month last year. Compared to April, exports calculated in euro fell by 6.4 percent, according to data by export credit insurance corporation KUKE, quoted by ISBnews. Calculated in złoty, export...

Locked content TF Silesia to take over Torpol?

Towarzystwo Finansowe Silesia, a state-controlled investment vehicle, has applied to the Office of Competition and Consumer Protection (UOKiK) to take over railroad construction firm Torpol, the watchdog said on its website on Wednesday. The motion was submitted on June 27. The case is currently sub...

Locked content Number of bankruptcies down in June

In June 2014, 76 Polish companies were officially declared bankrupt, according to a report issued by Euler Hermes on Wednesday. A year ago the June figure was 85. Throughout the first half of 2014 the recorded number of bankruptcies was 418 compared to 483 in the corresponding period of 2013. Euler ...
Shutterstock

Locked content Interest rates remain unchanged

The National Bank of Poland’s Monetary Policy Council (RPP) left interest rates unchanged during its July sitting, according to an NBP statement issued on Wednesday. Such a decision was widely expected by economists. The reference rate remains at 2.50 percent, the lombard rate at 4.00 percent, the d...
Image: Netia

Vectra bids for 33% in Netia

Cable TV operator Vectra has announced a tender offer for 114.81 million shares, standing for a 33 percent stake in Poland’s second largest telecommunications firm Netia, the offer’s manager UniCredit CAIB Poland announced on Wednesday. The offered price is PLN 5.31 apiece.