Daily Archives: March 1, 2017

Locked content PiS supports down, PO up, according to the latest poll

March 1, 2017 Poland AM
Ruling Law and Justice (PiS) party support has shrunk by 3 percentage points to 33 percent, according to the poll conducted by Kantar TNS. Civic Platform (PO) was second with 22 percent support, up by 3 percent m/m. Nowoczesna and Kukiz’15 were third with 8 percent support. The remaining parti...

Locked content PlayWay acquires 60% stake in Imaginalis Games

March 1, 2017 Poland AM
WSE-listed mobile games developer PlayWay acquired 60 percent stake in its peer Imaginalis Games for PLN 350,400. The shares were sold by Dariusz Janczak who will keep the remaining 40 percent stake. “The invested funds will finance producing Imaginalis Games’ latest PC game Days of Yore,” the...

Locked content GetBack mulls IPO

March 1, 2017 Poland AM
Debt collector GetBack’s management will seek general assembly’s approval to launch IPO on the Warsaw Stock Exchange, the company said in a market filing. “As of today, the details of the potential offer, including its date have not been decided upon.” GetBack engages in the recovery of ...

Locked content Coal sales down in January

March 1, 2017 Poland AM
Polish coal miners sold 5.7 million metric tons of coal in January, down from 6.2 million tons in December. In January last year, the companies sold 6.08 million tons of coals, the Industry Restructuring Agency said. Coal supplies stood at 2.3 million tons in January. Down by 0.2 million m/m and 3.4...

Locked content Energa 10Y €300 mln bond issue to yield 2.250%

March 1, 2017 Poland AM
WSE-listed utility Energa will issue 10 year bonds worth €300 million at 2.25 percent yield, with a 2.125 percent annual coupon, the firm said in a market filing. Interest in the issue four times exceeded the value of the issue, with 130 investors submitting their bids. As many as 90 percent of the ...

Locked content Asseco’s Sapiens expects $270-280 mln revenues in 2017

March 1, 2017 Poland AM
IT company Sapiens, Israeli unit of WSE-listed Asseco Poland, eyes generating $270-280 million revenues and 13 percent operating margin this year, the company said in a market filing. The estimate takes into account the effect of the recent takeover over of US IT firm Stone River. The transaction wa...

Locked content Poland to extradite popular file-sharing site owner to the US

March 1, 2017 Poland AM
Polish court decided, that Ukrainian Artem Vauiln, can be extradited to the US for copyright infringement charges. Vaulin operated a popular peer-to-peer filesharing website Kickass Torrents, he was arrested in Warsaw in July last year. “It is legally admissable to hand over the citizen of Ukraine, ...

Octava to acquire office and retail portfolio from BPH FIZ

March 1, 2017 Lokale Immobilia
The Octava FIZAN fund is now in the process of acquiring a portfolio of a total of eleven office and retail assets – including Centrum Krakowska 61, Renaissance Tower and Eureka Park in Warsaw, and Onyx in Kraków – from two BPH FIZ funds. Savills is advising the buyer on the transaction, which is ex...