Locked content Poland to submit Saryusz-Wolski for the EC president seat – FT

According to the Financial Times, Polish government, in order to undermine incumbent Donald Tusk candidacy, will propose MEP Jacek Saryusz-Wolski candidacy for the European Council President seat. “Szydło is calling around,” said one diplomat, who declined to be named as the talks are confidential. ...

Apartment prices continue to fall

January was the third straight month in which prices of residential real estate has dropped, Home Broker and Open Finance data said. The home price index, which tracks home sales transactions has dropped to 813.45 points which is the level last seen in the spring last year. “The January run for gran...

Locked content Sescom to move to WSE main market in H1 2017

Listed on the small-cap alternative NewConnect market, IT company Sescom hopes to move to the main trading market in H1 this year, comopany’s CEO Sławomir Halbryt told ISBnews. “The prospectus has been submitted to the KNF, and due to some changes in rebranding and new strategy will be slightl...

Locked content KHW-PGG merger partially approved by labor unions

Some of the KHW labor unions have signed the agreement that will allow two state-owned coal miners Katowicki Holding Węglowy (KHW) and Polska Grupa Górnicza (PGG) to merge. The rest of the unions have till Wednesday morning to make their decisions regarding the deal. Deputy ENergy Minister Grzegorz ...

Locked content WSE suspends Farmacol trading after squeeze-out announcement

Warsaw Stock Exchange has suspended trading of the pharma distributor Farmacol, after its major shareholder Andrzej Olszewski launched a mandatory squeeze-out of the remaining company’s shares. Olszewski wants to buy 2.21 million shares at PLN 52 apiece. The shares represent 9.46 percent of ca...
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Locked content Furniture production in 2017 to reach PLN 45 bln – OIPMG

Poland’s furniture production in 2017 may rise to some PLN 45 billion from PLN 42.45 billion in 2016, industry lobby Ogólnopolska Izba Gospodarcza Producentów Mebli (OIGPM) director Michal Strzelecki said. “This year we should record further growth of production, at 5-8 percent, to some PLN 45...

Wspólna 47/49 offices in Warsaw BREEAM-certified

The Wspólna 47/49 office building in downtown Warsaw, which is owned by CA Immo and managed by Cushman & Wakefield, has secured the BREEAM In-Use International certificate for energy efficiency and environmental performance. “The receiving of the BREEAM In-Use International certificate has confi...