Locked content Cabinet reshuffle before summer holidays – media

According to Rzeczpospolita daily, the ruling Law and Justice (PiS) government is planning a reshuffle before the start of the summer holidays. One of the ministers scheduled to lose his post is Witold Waszczykowski who helms the foreign ministry. According to the daily he will be sent to the US, wh...

Locked content PM Szydło opens Polish stand at Hannover Messe

PM Beata Szydło, officially launched the Polish stand at the Hannover Messe fair and encouraged German companies to invest in Poland. ““I hope that thanks to Hannover Messe we will be able to build closer cooperation between Poland and Germany,” she said, while boasting about young Polish entreprene...

Locked content Overwhelming majority of Poles think Poland is a safe country

As many as 89 percent of Poles claim that Poland is a safe place to live, according to the CBOS poll. Only 9 percent thinks otherwise. This is the best result since 1987, when the first such poll was conducted. Compared to last year, the number of respondents that think Poland is safe country increa...

Locked content Kaufland Polska with over PLN 10 bln revenue in 2016

Kaufland Polska’s revenue from sales in the 2016 fiscal year (till end-February 2017), has increased by nearly 6 percent y/y to over PLN 10 billion, company said in a market filing. “The increase has been fueled by growth in lfl sales, changing the product range and network expansion,” the com...

Locked content PM, president approval on the rise

According to TNS Kantar poll, the approval ratings of the government, PM Beata Szydło, and President Andrzej Duda, have gone up in April. As many as 49 percent of the respondents approve President Andrzej Duda politics, while 42 percent disapprove. In March the figures stood at 44 and 45 percent res...

Locked content Altus files motion to UOKiK on BPH TFI takeover

Altus Agent Transferowy has filed a motion to the antitrust watchdog UOKiK regarding the takeover of the BPH TFI investment fund, which approval is necessary to complete the transaction. Earlier this month, Altus TFI, announced that it has signed a conditional deal to acquire 100 percent stake in BP...

Locked content Advent buyback offer a success

Equity fund Advent International and Integer CEO Rafał Brzoska bought at least 60 percent of the Integer free float shares, making the tender offer valid. Back in February, Advent International announced that it wants to buy all of the free float shares of Integer, representing a 70 percent stake in...

PORF publishes Warsaw office market data for Q1

More than 84,000 sqm of office space was completed in Warsaw in the first quarter of this year, with all the new buildings delivered in the period being located outside the center of the city, according to the latest report by the Polish Office Research Forum (PORF). The gross demand in Q1 amounted ...