Locked content New protests against judiciary reform

Hundreds of protesters gathered in front of the Parliament, where the Law and Justice dominated Senate was scheduled to vote on the judiciary reform which would give the power to nominate judges to the Parliament. Numerous scuffles broke out between protesters and the police, as demonstrators attemp...

Locked content Kaczyński – I expect ‘deep’ changes in the government soon

According to the Law and Justice (PiS) leader, Jarosław Kaczyński, changes within the new, Mateusz Morawiecki government, should occur soon and will be deep. “I’m almost certain that the changes will occur at the beginning of next year, in January. I think they will be substantial,” he said in an in...

Locked content Morawiecki calls for unity. No revolution in policy

Newly appointed PM Mateusz Morawiecki called for national unity in his expose speech before the Parliament. “The Prime Minister and his government have to serve the whole nation. Every single Polish citizen. Poland is one. There’s room for everyone,” he said. Morawiecki added that he will not be cha...

Locked content Tarczyński’s shareholders launch a tender offer

WSE-listed meat processor Tarczynski’s lead shareholders Elżbieta and Jacek Tarczyńscy launched a tender offer for 6 million of the company’s shares at PLN 10.5 apiece. The tendered shares represent 52.22 percent stake in the company and 41.82 percent of the voting rights. The tender offer has...

EU subsidies reach PLN 152.6 bln

The value of EU subsidy applications submitted by December 10 amounted to PLN 274.3 billion, according to data released by the Ministry of Development. Till that day, 27,576 contracts for the EU co-financed projects amounted to PLN 152.6 billion in EU subsidies.

Base inflation at 0.9% in November – NBP

Poland’s base inflation (excluding food and energy prices) amounted to 0.9 percent in November y/y. In m/m terms it increased by 0.1 percentage points, according to data released by Poland’s Central Bank NBP.

Locked content BGŻ BNP sells PLN 2.3 bln loan portfolios

WSE-listed bank BGŻ BNP signed a number of securitization agreements for its cash and automotive loan portfolios worth some PLN 2.3 billion. Thanks to deals, lender plans to improve its consolidated CET1 and Tier1 ratios by 0.34 percentage points and TCR by 0.44 pps. It will also improve its liquidi...

Locked content XTPL wants to move to WSE main market. Mulls dual-listing

Listed on the small-cap, alternative market transparent conductive films producer XTPL, launched works aimed at moving the company’s shares to the WSE main market, the company said in a market filing. Additionally, it wants to be listed on the Open Market (Freiverkehr) run by Deutsche Borse in Frank...

Locked content TFI assets inch up by 0.3% in November

The assets of Polish investment funds (TFIs) increased by 0.3 percent month-on-month to PLN 276.1 billion in November, according to Analizy Online. Cash funds saw the biggest growth by PLN 1.48 billion, followed by debt funds (PLN 0.22 billion). The biggest drop was in equity assets, which contracte...