Locked content T-Bull Q2 profit drops

WSE-listed game developer T-Bull had a PLN 1.14 million Q2 profit, down from PLN 1.26 million recorded last year. Operating profit was PLN 1.3 million vs PLN 1.59 million a year earlier. Revenue from sales reached PLN 3.66 million up from PLN 3.49 million a year earlier. In H1, the company had a net...

Locked content The sixth victim of last week’s storms dies

A 60-year-old woman died in hospital on Tuesday, becoming the sixth casualty of the storm the hit northern and western Poland on Friday. She was hiding in the shed along with her husband when the building collapsed. She was taken to a nearby hospital where she eventually passed away. Her husband did...

Locked content Slovakian PM: our vital interest is the EU, not Visegrad Group

Slovakian PM Robert Fico said that it’s in Bratislava interest to be a part of a deeply integrated core EU, not with the Visegrad Group. “The fundamentals of my policy are being close to the (EU) core, close to France, to Germany. I am very much interested in regional cooperation within the Visegrad...

Locked content Best extends Inkaso tender

WSE-listed debt collector Best extended its tender offer for 4.27 million Kredyt Inkaso shares till August 17, as it still did not secure the antitrust watchdog (UOKiK) approval for the takeover, the company said in a market filing. Back in July, Best announced a tender offer for 4.27 million shares...
Image: Inbap

Inbap looking for Biała Podlaska mall contractor

Investment fund Inbap is now in the process of selecting a general contractor for the planned Rywal IV shopping center project in Biała Podlaska in eastern Poland. The two-floor scheme will be developed on ul. Narutowicza and will comprise a total of more than 9,000 sqm of space. It will include an ...

Locked content Talanx with €225 mln Q2 net profit

WSE-listed insurance group Talanx posted a €225 million net profit in Q2 (vs €181 million the year before) according to the company’s financial results, raising the H1 profit to €463 million. “All departments contributed to a satisfactory increase in the result, particularly the retail segment...

Locked content Duda signs renewable power bill into law

President Andrzej Duda signed into law a controversial bill on renewable energy which rejigs substitution fees for power sales not covered by certificates of origin. The bill, submitted to the lower house in July, would tie the fees to average prior year commodity market prices for certificates of o...

Base inflation flat at 0.8% in July – NBP

Poland’s base inflation (excluding food and energy prices) amounted to 0.8 percent in July y/y. In m/m terms, it remained unchanged, according to data released by Poland’s Central Bank NBP. Other measures published by NBP, remained either flat as well, or went up, including without administrative pr...

Locked content Open Finance buys 2.78% stake in Noble Funds TFI for PLN 8.5 million

WSE-listed finance advisory firm Open Finance bought 5,170 registered D series shares of Noble Funds TFI, representing 2.78 percent of the company’s stake for PLN 8.5 million from LC Corp. The seller executed the Put option to offload its shares. Back in June, both companies decided to merge its inv...