Locked content LOT with PLN 260 mln EBIT at end-Q3

State-owned airline PLL LOT had over PLN 260 million EBIT at end-Q3, according to its CEO Rafał Milczarski, and hopes that it will surpass PLN 280 million at the end of the year. In the budget for this year, the company plans to earn PLN 175 million from its core activity, which last year amounted&#...

Locked content MOL interested in acquiring petrol station chain in Poland

WSE-listed Hungarian fuel producer MOL is interested in acquiring a petrol station chain in Poland “if the right offer appeared,” company’s Vice President Ferenc Horvath said. “We would be interested in entering the Polish market if there was an interesting offer. We would consider purchasing fuel s...

Marvipol Development’s prospectus approved

The process of dividing the Marvipol capital group – a developer of residential and commercial real estate projects, as well an importer and dealer of Jaguar, Land Rover and Aston Martin cars – into two separate listed companies is nearing completion. The Polish Financial Supervision Authority (KNF)...

Locked content Pekao Q3 net profit grows

WSE-listed Bank Pekao, posted PLN 536.2 million attributable net profit in Q3 2017, up by 3 percent y/y, and above the consensus expectations for PLN 528 million. Revenue from interests inched up by 1.4 percent q/q to PLN 1.15 billion, while earnings from fees and commissions, contracted by 0.4 perc...

MACO leases over 10,000 sqm in Silesia from Panattoni

MACO, an Austrian manufacturer of turn-and-tilt hardware for windows, has leased more than 10,000 sqm of industrial, warehouse and office space in the Panattoni Park Gliwice III in Silesia and will move into its new premises in January 2018. Savills represented the tenant, for whom this will be the ...

3rd FinTech Digital Congress

The fast development of digitalization, advancement of technology, and with this, the increased requirements of digital clients, have influenced the next edition of the FinTech Digital Congress.