Locked content OFE net assets value drops by 0.3% in September

The net assets of the Polish private pension fund (OFE) amounted to some PLN 181.07 billion in September, a 0.3 percent month-on-month increase, according to a report issued by researcher Analizy Online. “Lower sentiment on the domestic equity markets had to affect the funds results in September. St...

Locked content Daily sales down 10.7% in August

The sales of Polish daily newspapers has dropped by 10.7 percent y/y to 665,627copies in August, according to data by The Association of Control of Press Distribution (ZDKP). The top-selling newspaper continues to be tabloid Fakt with 253,211 copies sold daily on average (6.3 percent drop y/y and 0....

Locked content New car registrations up by 12.4% in September

Poland’s new passenger car and van registrations rose by 12.4 percent year-on-year in September report by market researcher Samar showed. New registrations totaled 42,023, which was up by 7.06 percent from August. This was the best result for September in this century, according to Samar, and ...

Locked content Eurostat: Retail sales up by 6.7% in August

The volume of seasonally adjusted retail trade in Poland grew by 6.7 percent year-on-year in August, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms, it decreased by 0.7 percent. Throughout the EU retail trade remained unchanged in m/m terms, and grew by...

Locked content Macrologic to be delisted

The Warsaw Stock Exchange announced, that on October 10 it will remove the shares of IT firm Macrologic from trading. The company is being delisted after WSE-listed IT group Asseco acquired 1.67 million shares in the company in tender back in April. Asseco bought an 88.3 percent stake for PLN 59 api...

Locked content WSE suspends trading of 6 companies

The Warsaw Stock Exchange, acting on the request from the Financial Supervision Authority KNF, suspended trading of six listed companies. They include, investment company Calatrava Capital, broadband operator Hyperion, telecom MNI, IT groups Lark.pl and PC Guard, and frozen food producer Wilbo. All ...

Locked content Financial institution tax could be tweaked – FinMin

The Ministry of Finance is evaluating the tax on financial institutions and could amend it in the near future, deputy minister Paweł Gruza said. “We can tweak the tax to make it more neutral for the economy and the financial sector,” he explained. Currently, the tax has a flat rate on qualifying ass...