Locked content AAT Holding plans delisting

WSE-listed security system developer AAT Holding and its majority Lock Syndication, have signed an agreement regarding the withdrawal of the company’s shares from trading on the Warsaw Stock Exchange, the company said in a market filing. “In connection with the above, the company’s Manag...

Morawiecki: I expect EU to launch Article 7 procedure

Newly appointed Prime Minister Mateusz Morawiecki said during his first trip to Brussels in a new role, that he fully expects that the European Commission will launch Article 7 procedures against Poland. “If a process has started and, as far as I understand, the decision has already been made that n...
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Putin to Poland: ‘grow up’

Russian President Vladimir Putin during his annual meeting with the members of the press, when asked about the Smoleńsk plane crash said it was time for Poland to move beyond the plane crash, turn a new page, and “grow up.”

Locked content Two PO senators join PiS

Senators Andrzej Misiołek and Leszek Piechota announced that they’re leaving the opposition Civic Platform (PO) to join the ruling Law and Justice (PiS). The reason for this decision is a statement from PO MP Borys Budka who said back in August that “the EU should give Poland an ultimatum” regarding...

Locked content PKL to enter WSE

Cable car company Polskie Koleje Liniowe passed a resolution regarding the dematerialization of shares and the application for admission and introduction of shares to trading on the Warsaw Stock Exchange, the company said in a market filing. “During PKL’s public offering, every adult Pole will...

Locked content Government support at 43% – Kantar Public poll

As many as 43 percent of the respondents believe that the government is doing a good job, while 44 percent thinks otherwise, according to a poll conducted by Kantar Public. The supporters number contracted by 1 percentage points m/m, while the number of opponents remained the same PM Beata Szydło (t...

Locked content KNF: loans up by 4%, deposits by 5.7% y/y I-X

The Polish Financial Supervision Authority (KNF) published data regarding banks’ loans and deposits from January to October 2017 on a year-on-year basis. The total value of loans in the banking sector in Poland, including foreign units, increased by 4 percent y/y reaching PLN 1.04 trillion. Th...

Locked content Beer and wine production to drop in 2017 – report

Beer production in Poland will fall by 2.2 percent this year and will amount to 40.5 million hectoliters – according to the Institute of Agricultural and Food Economics (IERiGŻ) report. The Institute forecasts that foreign trade deficit of alcoholic products will reach €327 million. “Bas...
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GDP per capita at 68% of EU average in Poland – Eurostat

According to Eurostat data, GDP per capita expressed in Purchasing Power Standards (PPS) in Poland amounted to 68 percent of the EU average in 2016, unchanged compared with 2015. The lowest pps in the bloc was in Bulgaria (49 percent) followed by Romania (58 percent), while the highest was in Luxemb...

Locked content OT Logistics increases its stake in Luka Rijeka

WSE-listed logistics operator OT Logistics tendered 2.7 percent in Croatian port Luka Rijeka. The company wanted to buy as many as 43.39 percent shares at HRK 50 apiece. Before the tender, OT Logistics held 32.56 percent shares in the company which controls the facility but has signed agreements wit...