Locked content Poland wants to host two London-based EU agencies

Poland has submitted a bid to move to Warsaw the seat of the European Banking Authority (EBA) and the European Medicines Agency (EMA). “The application for the location of the offices of the EBA and EMA in Poland was approved by the Council of Ministers on July 28, 2017. The offer fills out all the&...

Locked content WSE suspends trading of three companies

The Warsaw Stock Exchange suspended the trading of WSE-listed Hyperion, and NewConnect-listed Termo2Power and Polonit starting from August 3. Hyperion trading has been suspended as the company is undergoing a restructuring process, Termo2Power shares have been suspended after Financial Supervision A...
Image: Euro Styl

Euro Styl launches large residential project near Gdynia

Developer Euro Styl, part of the Dom Development capital group, has launched apartment sales in the first phase of its Osiedle Beauforta residential project in Kosakowo municipality near Gdynia. On offer are 26 units in a three-story building, which are scheduled to be completed in the first quarter...

Locked content MCI Capital launches tender offer for 43.43% stake in ATM

WSE-listed venture capital firm MCI Capital announced a tender offer for 15.8 million shares representing a 43.43 percent stake in WSE-listed IT firm ATM at PLN 11.5 apiece. The tender will go through if at least 23.43 percent shares are tendered. MCI reserves the right to go ahead with the purchase...

Locked content WSE turnover drops in July

Equity turnover on the main market of the Warsaw Stock Exchange in July amounted to PLN 21 billion, a decrease of 0.4 percent year-on-year, the stock exchange has announced. In the period between January and July 2017, turnover increased by 45.8 percent y/y and reached PLN 161.89 billion. The bourse...

Morawiecki: deficit to reach PLN 50 bln

After achieving, for the first time in history, a budget surplus (PLN 6 billion) in H1, deputy PM Mateusz Morawiecki said that for the whole year, the budget deficit would reach PLN 50 billion, “or slightly below that figure.”

Locked content Over 37 mln payment cards in Poland in Q1

The number of payment cards in Poland reached 37.7 million at the end of Q1, Poland’s Central Bank (NBP) informed. Overall, 29.1 million debit cards and 6 million credit cards have been issued, resulting in 2.3 percent growth q/q. The value of transactions carried out with payment cards grew to PLN ...

Locked content Duda submits new bill on FX mortgages

President Andrzej Duda submitted his version of the bill aimed to help those with FX mortgages (mostly in Swiss Francs). It proposes to expand the current fund set up to support those with problems in paying off their mortgages and setting up a new one for restructuring FX mortgages. Establishing th...

Locked content KNF extends Raiffeisen IPO deadline. Hopes for improved offer

Financial Supervision Authority (KNF) gave Raiffeisen Polbank a new May 15, 2018, to float at least 15 percent on the Warsaw Stock Exchange. At the same time, KNF said that it hopes that the offer will be above the threshold and will include new shares on top of existing ones. It also hopes that the...