Locked content Super-Pharm launches transcational marketing project with ZenCard

Drug store chain Super-Pharm has launched a new transactional marketing project in collaboration with ZenCard, a fintech subsidiary of PKO Bank Polski. The pilot program will allow Super-Pharm’s clients to become members of the drug store’s loyalty program Klub LifeStyle, while paying for their shop...

Locked content Grupa Azoty buys PLN 94 mln worth of shares in PDH Polska

Chemicals giant Grupa Azoty will acquire 9.4 million shares of D-series nominate shares of PDH Polska, valued in total at PLN 94 million, the company stated. The shares will be acquired through private subscription. The issue will increase PDH Polska’s share capital. PLN 23.5 million will be paid by...

Locked content Industrial production prices up 3.1% y/y in September

Industrial production prices increased in September by 3.1 percent y/y and by 0.4 percent in monthly terms, GUS stated. Economists polled by PAP saw the prices increase by 3.1 percent y/y and by 0.3 percent m/m. In August, industrial production prices grew by 3 percent y/y and by 0.4 percent m/mR...

Locked content Industrial output increases by 4.3% y/y in September

Industrial output grew by 4.3 percent year-on-year in September, by 6.0 percent month-on-month, statistics office GUS said in a statement. Analysts polled by PAP expected industrial output to increase by 5.4 percent y/y and by 7.2 percent m/m. After eliminating seasonal factors, industrial productio...

Locked content Retail sales grew 8.6% y/y – GUS

Retail sales increased by 8.6 percent y/y in September and fell by 0.3 percent m/m, GUS stated. Analysts polled by PAP saw retail sales increase by 7.6 percent y/y and drop by 1.1 percent m/m.  In basic prices, retail sales increased by 7.5 percent y/y….

Locked content New deputy minister in Development Ministry appointed

Andżelika Możdżanowska has been appointed as the deputy minister in the Development Ministry. She will be in charge of the government’s policies for Small and Medium Sized Enterprises, the Ministry stated. Możdżanowska was a member of the Polish People’s Party until July 2017. She is currently not a...
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Gov’t with 47% support

The current government has gained more public support in October, with 47 percent of Poles assessing its activity positively, 4 percentage points more than a month earlier, according to an opinion poll conducted by Kantar Public. Among the supporters, 10 percent were very positive about their govern...

Locked content Kredyt Inkaso to issue PLN 100 mln in bonds

Debt portfolio management firm Kredyt Inkaso will issue D1 series bonds of a nominal value of PLN 100 million, the company stated. The issue will be comprised of 100,000 bonds, each with a nominal value of PLN 1,000. They will be priced based on WIBOR 6M and a margin of 350 basis points. The bonds&#...
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New R&D write-offs could save firms PLN 1 bln – Science Minister...

The recently adopted R&D write-off will save entrepreneurs some PLN 1 billion, Science and Higher Education Minister Piotr Dardziński told Radio TOK FM. The new law was passed on October 10. The bill could come into force by the end of 2017, which would mean that “starting January 1, 2018, Polis...

Locked content Bankruptcies down 3.4% y/y – KUKE

The number of bankruptcies in September totaled 57, an decrease of 3.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month terms, the figure increased by 7.5 percent. KUKE estimates that some 550 companies will be declared bankrupt in the entire 2017...