Locked content Altus TFI sells all shares in IPO

Investment fund manager Altus TFI sold all shares offered in its IPO, the company said in a statement quoted by ISBnews. The company raised PLN 141.36 million from a new share issue. Another PLN 19 million was generated from the sale of existing shares. In the individual investors tranche, 1.5 milli...

Locked content Echo Investment buys land in Warsaw

Property developer Echo Investment has acquired land in Warsaw from Banco Financiero y de Ahorros for €42 million, the company said in a statement on Friday. Echo plans to invest into projects worth some PLN 1 billion in that area. The 4.4 hectare plot acquired by Echo is located between ul. Grzybow...

Locked content Medicalgorithmics to enter India

Diagnostic device producer Medicalgorithmics has signed a strategic alliance agreement with Indian business partner Wipro Limited, Parkiet reports. Wipro will be responsible for distributing the Pocket ECG system in India. The Polish firm said that the agreement concerns the latest generation of its...

Locked content No plans to take PGNiG off bourse

Contrary to suggestions recently made by the head of the Energy Regulatory Office (URE), the Ministry of State Treasury has no plans to take gas giant PGNiG off the stock exchange, Deputy Treasury Minister Wojciech Kowalczyk was quoted as saying by the Polish Press Agency. “We see PGNiG as our strat...

Locked content PHN still on sale – Treasury

Poland’s Treasury Ministry is still willing to sell a majority stake in real estate group Polski Holding Nieruchomości (PHN), Deputy Treasury Minister Wojciech Kowalczyk was quoted as saying by the Polish Press Agency. The Treasury said earlier this week that it failed to choose an investor for PHN....
Image : shutterstock

Treasury may sell stakes to finance Polish Investments

Poland’s State Treasury has no plans to sell further stake in listed companies, Deputy Treasury Minister Wojciech Kowalczyk was quoted as saying by the Polish Press Agency. The only reason this would be possible would be in case of need for extra funds for Polish Investments.

Locked content Tar Heel Capital buys bankrupt Transsystem

Private equity fund Tar Heel Capital has announced the acquisition of bankrupt transportation systems producer Transsystem. The company’s assets were sold by a bankruptcy administration for an undisclosed amount. Transsystem has been constantly in operation, THC said. Before it went bankrupt, its an...

Locked content Tele-Polska Holding to debut on WSE on Monday

The Warsaw Stock Exchange has announced that shares in telecom firm Tele-Polska Holding would be listed on its main market starting from July 7. The company has so far been listed on the WSE’s NewConnect market. The company carried out a public offering of newly issued E series shares prior to its m...