Locked content PiS with lead over opposition – Kantar Public poll

According to the latest poll by Kantar Public, if elections took place this Sunday, 35 percent of Poles would vote for ruling Law and Justice (PiS), while 21 percent would vote for Civic Platform (PO). PiS support declined by 3 percent, while PO’s increased by 2 percent. Other parties that wou...

Locked content PHN with Q1 loss

WSE-listed, state-owned real estate developer Polski Holding Nieruchomości (PHN) had a PLN 2.4 million loss in Q1, down from PLN 8.2 million profit y/y. Revenues inched up to PLN 40.7 million (up by 0.2 percent y/y), while operating loss amounted to PLN 2.3 million compared to PLN 13.2 million profi...

Warsaw’s office market grows by 84,200 sqm in Q1 – C&W

A total of 84,200 sqm of office space in ten buildings (over 28,800 sqm more than in Q1 2016) was completed in Warsaw in the first quarter of this year, which brought the combined office stock in the city to 5.12 million sqm, according to a recent report by Cushman & Wakefield. New office space ...

Locked content Waszczykowski: Poland ready for ‘new opening’ with France

Polish Foreign Minister Witold Waszczykowski has said that Warsaw is ready for “a new opening” in relations with France following Emmanuel Macron’s victory in the presidential election in France. In a phone conversation with his newly appointed counterpart Jean-Yves Le Drian, Waszczykowski said that...

Locked content Superior tenders 11.4 mln Uniwheel shares

Superior Industries tendered 11.4 million shares of WSE-listed alloy wheels producer Uniwheels, representing a 92.3 percent stake in the company. The transaction will be finalized on May 25. American investor agreed to buy 7.6 million shares representing a 61.29 percent stake in the company from its...

Locked content EU with an ‘offer you cannot refuse’ to expand euro zone

The European Commission is working on an offer which will make adopting the euro more attractive to the EU members, European Economic and Financial Affairs Commissioner Pierre Moscovici said. “We will try to make a framework that is attractive enough, that is like, as they say in the movies, an offe...

Locked content Poles among missing after Manchester terror attack

Poland’s foreign ministry announced that “a number of Poles” are among the missing after the terror attack during the Ariana Grande concert in Manchester on Monday. According to the resort, they are parents of children who attended the concert. The ministry did not reveal how many Poles are st...

Locked content Dino Q1 net profit grows 30% y/y

WSE-listed retailer Dino increased its first quarter net profit by 30 percent to PLN 30.5 million, the company said in a market filing. Revenues amounted to PLN 910.3 million, up 28.7 percent y/y, while operating profit stood at PLN 46.3 million, a 20.1 percent y/y increase. Like-for-like sales incr...