Locked content Pekao with KNF approval for Pioneer Pekao PTE takeover

WSE-listed lender Pekao secured Financial Supervision Authority (KNF) approval to take over 7,266 shares in Pioneer Pekao PTE pension fund from Pioneer Global Asset Management, KNF said in a market filing. This is the first hurdle to clear a bigger, €140 million deal for Pekao to purchase 51 percent...

Locked content EBRD to Poland – more privatization

The European Bank for Reconstruction and Development’s President Suma Chakrabarti said that Poland should speed up privatization, particularly in the banking and energy sectors. “It’s quite surprising, given Poland’s leadership in the whole transition race, that so much of the economy is still in st...

Locked content Juncker wants the whole EU to be in the euro zone

European Commission President Jean-Claude Juncker urged member states to join the euro zone in his annual State of the European Union speech in which he outlined his vision for the post-Brexit EU. “If we want the euro to unite rather than divide our continent, then it should be more than the currenc...

Locked content R22 files IPO prospectus

Software group R22 has filed an IPO prospectus to the Financial Supervision Authority (KNF) and hopes to debut on the Warsaw Stock Exchange by the end of this year. “The last few years have been very good for R22, both in terms of expansion through acquisitions and earnings growth. We will continue ...
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Netflix to produce Polish-language series

Global streaming service Netflix will produce its first Polish-language series with acclaimed director Agnieszka Holland at the helm. The yet-untitled series will be a spy thriller set in an alternative history in which Poland is still under the communist rule. “Now, in 2002, twenty years after a de...