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...

Locked content EIB with €4.4 bln loans to Poland in 2016

The European Investment Bank has loaned €4.4 billion last year to Poland, including €603 million for the investments covered by the “Juncker Plan,” the EIB said at the press conference. According to EIB’s deputy president Vazil Hudak, Poland is the biggest beneficiary of the bank among all the membe...