HICP inflation at 1.4% in August– Eurostat

The harmonized index of consumer prices for Poland stood at 1.4 percent year-on-year in August, the same as in July, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.2 percent.

Locked content Kredyt Inkaso with PLN 300 mln bond issue

WSE-listed debt collector Kredyt Inkaso has launched a PLN 300 million bond issue program. According to the plan, the company will issue unsecured, ordinary, bearer bonds within the next 12 months. Kredyt Inkaso plans to use the funds raised from the bonds issue to finance the purchase of portfolios...

Locked content Vistal Group creditors terminate loans, credit lines

WSE-listed steel construction producer Vistal had his credit lines terminated by several lenders, including state-owned BGK. On the day of the termination, Vistal has PLN 8.4 million in outstanding debt. Moreover, BGK suspended the company’s credit line. BGK joins other banks, including ING Bank Ślą...

Locked content The Yachting Club mulls NewConnect IPO

Yachting charter company The Yachting Club, plans IPO on the small-cap, alternative, NewConnect market. For this purpose, the company signed an agreement with WSE-listed financial advisory INC which will prep the company for the potential floatation which is planned for Q3, 2018. “The Yachting Club&...

Locked content Torpol signs PLN 267 mln deal with PKP PLK

WSE-listed railway infrastructure builder Torpol signed a net PLN 267.6 million (gross PLN 329.2 million) deal for works on the 216 railway line with railway infrastructure firm PKP PLK. The tender concerns route connecting Działdowo and Olsztyn. The works are to be completed within 21 months from t...

EU subsidies reach PLN 127.8 bln

The value of EU subsidy applications submitted by September 17 amounted to PLN 249.7 billion, according to data released by the Ministry of Development. Till mid-September, 22,475 contracts for the EU co-financed projects amounted to PLN 127.8 billion in EU subsidies.

Employment and wages growth continues in August – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in August grew by 4.6 percent year-on-year, while the wages grew by 6.6 percent. In month-to-month terms, wages inched down by 0.2 percent, while the employment increased by 0.1 percent.

Locked content Central Airport location chosen – media

According to radio news agency IAR, the planned Central Airport will be built in Baranów in Mazowieckie voivodship. The town is located 40 kilometers west of Warsaw and has A2 highway and Warsaw-Żyrardów railway nearby. According to IAR, the information was confirmed by two credible sources. The Pol...

Locked content Government support drops – Kantar poll

As many as 43 percent of the respondents believe that the government is doing a good job, while 45 percent thinks otherwise, according to a poll conducted by Kantar Public. The supporters number contracted by 2 percentage points m/m, while the number of opponents remained the same PM Beata Szydło ha...