Locked content Asseco Poland sells shares in Asseco CE subsidiary

WSE-listed IT giant Asseco Poland sold 6.51 percent of its shares in Asseco Central Europe subsidiary to a group of Asseco CE managers for PLN 32.7 million in eight installments payable by May 31, 2023, the company said in a market filing. Price per share was set at PLN 23.50 apiece. Both sides of t...

Locked content European Parliament debate on Poland’s rule-of-law

MEPs debated in Brussels on possibility to introduce sanctions against Poland as a response to alleged rule-of-law violations. Spearheaded by the European Commission Vice President Frans Timmermans, discussion centered around the EU’s Article 7, which, if invoked, would strip Poland of voting ...

The majority of Polish companies plan investments this year – GUS

According to the Central Statistical Office (GUS) data, as many as 66.3 percent of industrial companies and 41.6 percent of construction entities plan to invest in 2017. In comparison, last year, only 45.6 percent of industrial firms and 31.8 percent construction ones planned such expenditures.

Locked content WSE vice president quits

Warsaw Stock Exchange’s Vice President Paweł Dziekoński, announced his decision to leave the company. “My decision is motivated by respect for the recent delegation of a new person to perform the functions of President of the Exchange Management Board and the intention, which represents good p...

PZU sacks CEO

Poland’s biggest insurer PZU sacked its CEO Michał Krupiński, the company said in a market filing. The decision is effective immediately, while no reason for the decision was announced.

Union Investment acquires Maraton in Poznań for €62 mln

Developer Skanska Commercial Development Europe has sold its Maraton office building in downtown Poznań to a real estate fund managed by Union Investment for €62 million. The building, which was the second office project of Skanska in the city (after Malta House), was completed in December last year...

Two outlet centers coming to Bydgoszcz

The city of Bydgoszcz will soon have its first outlet centers: Outlet Center Bydgoszcz (11,000 sqm) near the IKEA store and Metropolitan Outlet (17,000 sqm) in the Carrefour Glinki mall, currently under refurbishment. The two centers will expand the city’s retail market by 10 percent. Bydgoszc...