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GUS: Average salary in Polish cities – PLN 4,290

An average salary in Polish cities with over 100k inhabitants stood at PLN 4,290.52 gross in 2016, according to data published by the Central Statistical Office GUS. The highest average salary was in Jastrzębie-Zdrój, PLN 6,000.132, while the lowest was in Piotrków Trybunalski at PLN 3,000.229. In W...

Locked content Superior Industries secures more Uniwheels shares

Superior Industries bought the remaining 109.959 shares of WSE-listed alloy wheels producer Uniwheels, after the mandatory squeeze-out for 954,920 (7.7 percent stake) free float shares. Earlier in June, American investor agreed to buy 7.6 million shares representing a 61.29 percent stake in the comp...

Locked content Asseco sells part of its stake in Formula Systems

WSE-listed IT group Asseco sold 16 percent stake in Israeli Formula Systems to a group of local financial institutions for NIS 292.5 million, additionally, the company is in talks to sell further 4 percent stake. After the deal, Asseco has 30.33 percent stake in Formula Systems with no plans to furt...

Cornerstone laid for Platan mall extension in Zabrze

Investor Rockcastle and general contractor CFE Polska have held a cornerstone-laying ceremony at the construction site of a new part of the Platan shopping center in Zabrze in Silesia. Opened in 2003, the mall currently comprises 31,000 sqm of space and houses almost 80 stores and points of service....

Companies waited 37.4 days on average in H1 for VAT returns

In the first half of this year, the companies waited 37.4 days on average for the VAT refunds. So far this year, the finance ministry returned PLN 37.84 billion. The longest wait was in April, 41.04 days, and the shortest in May – 16.98 days. Entrepreneurs filled over 689k VAT return declarations, w...

Eurostat: Retail sales up by 4.6% in June

The volume of seasonally adjusted retail trade in Poland grew by 4.6 percent year-on-year in June, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms, it increased by 0.3 percent.

Locked content Daily sales down 7.8% in June

The sales of Polish daily newspapers has dropped by 7.8 percent to 693,703 copies in June, according to data by The Association of Control of Press Distribution (ZDKP). The top-selling newspaper was tabloid Fakt with 260 021 copies sold daily on average (3.7 percent y/y drop and 0.13 percent m/m inc...

Locked content Banking sector H1 profit drops

Poland’s banking sector recorded an aggregated net profit of PLN 6.88 billion in H1, according to data from the Poland’s Central Bank (NBP), representing a 16.9 percent drop y/y. In June the profit amounted to PLN 1.69 billion. Operational costs stood at PLN 16.66 billion in H1 and increased by 6 pe...