Locked content Famur gets UOKiK approval to set up SPV with PFR

WSE-listed mining machinery producer Famur got the approval from the antitrust watchdog UOKiK, regarding setting up a Mining Equipment Finance SPV with state-run Polish Development Fund PFR. Back in November, both sides signed a deal, according to which they will put PLN 150 million each into the co...

Locked content Enter Air signs $86.7 mln deal with TUI

WSE-listed charter air carrier Enter Air signed an $86.7 million contract with tour operator TUI Poland for the 2019 summer and winter seasons. The deal is valid through April 30, 2020. The company notes that the value of the contract is estimated as the value of benefits is influenced by a number o...

Locked content R22 buys Kei.pl for PLN 22 mln

IT and telecom group R22, which debuts on the WSE this Friday, has bought a full stake in hosting company Kei.pl for PLN 22 million, the company said in a market filing. The acquisition will be financed with funds from the IPO from which the company raised more than PLN 61 million. A subsidiary of&#...

Locked content Ten Square Games plans IPO for 2018

Video game producer Ten Square Games submitted the IPO prospectus to the Financial Supervision Authority KNF and plans to debut on the main WSE market next year, the company said in a press release. “Currently, there are about 100 people working in the group, and our games portfolio has over 160 tit...

Locked content UOKiK fines Pfleiderer PLN 36 mln for cartel pricing

WSE-listed chipboard producer Pfleiderer’s two subsidiaries have been fined PLN 35.76 million by the antitrust watchdog UOKiK as part of its PLN 135 million fines for cartel pricing in the sector. In total, five companies, within three capital groups were fined, they include: Pfleiderer Group, Pflei...

Locked content Over 38 mln credit cards issued in Poland – NBP

The number of payment cards in Poland reached 38.51 million at the end of Q3, Poland’s Central Bank (NBP) informed. Out of this number, 90.5 percent of cards were issued to individual clients, with the rest for business clients. As many as 79.5 percent issued cards had contactless pay option enabled...

BIEC: Economic sentiment grows in December

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) increased by 1.5 points and stood at 171.1 points in December. According to the bureau’s analysts, the strong growth was driven by better-than-usual consumption.