Locked content Dino to issue PLN 100 mln worth of bonds

WSE-listed retailer Dino will issue three-year bonds worth up to PLN 100 million, the company said in a market filing. Bonds interest will be based on 3M WIBOR plus a fixed margin of 1 with the redemption date set for October 13, 2020. Bonds will be secured by guarantees from selected companies of t...

Locked content Poland ranked 23rd in the Nation Brands ranking

Poland was ranked 23rd in the world’s most valuable national brands according to British consulting firm Brand Finance. Compared to last year’s ranking, Poland has dropped by two places despite the 11 percent increase in brand value to $571 billion. This is the tenth-best result in Europe. Acc...

Locked content Poles are willing to pay more for a quality product – report

According to a study conducted by ASM – Center for Market Research and Analysis, as many as 88 percent of the Poles are willing to pay more for high-quality products. The quality of the goods is the most important criterion taken into account during shopping for 73 percent of respondents. For ...

Locked content 7Levels launches IPO

Video games producer 7Levels launched its IPO for 85k shares with the maximum price set at PLN 75 apiece. The company will be listed on the small-cap, alternative NewConnect market. Subscriptions will last till October 24. The overall value of the offer could reach PLN 6.4 million, and the company’s...

Locked content Saudi Sadafco to takeover Mlekoma

Saudi food producer Sadafco signed a non-binding agreement with Mlekoma shareholders to acquire a controlling stake in the dairy producer, the company said in a market filing. The deal will be finalized after the due diligence process. The estimated value of the deal is PLN 117 million. According to...

IMF raises its GDP growth forecast for Poland

The International Monetary Fund has increased its forecast for Poland’s GDP growth by 0.4 percentage points to 3.8 percent for 2017. Next year the growth will slow down to 3.3 percent (from 3.2 percent previously forecasted).

Locked content PCC Rokita to expand its facility for PLN 250 mln

WSE-listed chemicals firm PCC Rokita will expand its existing plant in Brzeg Dolny in an investment pledge worth PLN 250 million, the company said in a market filing. The facility is situated in the Wałbrzych Special Economic Zone, and PCC Rokita secured the necessary permissions for the investment....

Locked content Poles less keen on switching jobs – report

The latest labor market index, compiled by HR consultancy Randstad, which tracks the openness of workers to change jobs, dropped from 109 points to 106 points in Q3. At the same time, employees are less concerned about losing their jobs. The study also shows that the percentage of respondents who th...

Locked content Kruk spent PLN 2.6 bln on debt portfolios in Q3

WSE-listed debt collector Kruk spent PLN 2.63 billion in Q3 on acquiring debt portfolios, the company said in a market filing. The figure is 34 percent higher y/y. In the same period, the company’s CAPEX amounted to PLN 261 million, up by 27 percent y/y. The bulk of portfolios were acquired in Polan...

Locked content Budimex with PLN 211.25 mln deal for S7 road

WSE-listed construction firm Budimex signed a PLN 211.25 million net deal with the General Director for National Roads and Motorways GDDKiA for building a section of S7 expressway, the company said in a market filing. The section will connect the hub in Skarżysko-Kamienna with the border of Mazowiec...