Locked content Enea takeover of Engie Energia Polska approved

WSE-listed power utility Enea received all necessary approvals to takeover the Polish assets of French group Engie. Enea met all conditions precedent in the deal signed with Engie in late December, including the consent of Poland’s Energy Minister and antitrust watchdog UOKiK. Moreover, Engie&...

Locked content Newag with a PLN 267 mln contract

WSE-listed rolling stock producer Newag signed a PLN 267 million contract for 14 Impuls electric trains for the city of Łódź, the firm said in a market filing. The first four trains are to be delivered within 20 months from the signing of the deal and the remaining ten trains are to be delivered wit...

Dom Development to step up investment activity in 2017

Warsaw Stock Exchange-listed residential developer Dom Development will put a total of approximately 3,600 apartments in 23 projects on sale this year, provided that the market situation does not deteriorate, said Janusz Zalewski, vice president of the management board and financial director at the ...
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NBP no longer has Euro Integration Office

The National Bank of Poland has closed its Euro Integration Office and has renamed its Convergence and Competitiveness Office into the Competitiveness Office, according to the website of NBP’s Economic Institute. The task of “preparing periodic reports on the status of real, nominal and structural c...

Locked content 95% of Polish firms has investment plans – report

As many as 95 percent of Polish companies is planning to make investments over the next three years, according to a report prepared by the European Investment Bank. The EU average stood at 91 percent. Nearly a third of firms in Poland is concentrating on developing new products, which is also above ...

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...