Locked content PKP Cargo mulls takeover

WSE-listed, state-owned logistics operator PKP Cargo along with the Industry Development Agency ARP are negotiating a potential takeover of insolvent train cars factory Gniewczyna from its Slovak owners,  Both interested parties have ordered an audit and expect the final decision to be made February...

Locked content Ultimate Games mulls IPO

Shareholders of Ultimate Games have agreed to trade the company’s shares on the small-cap, alternative NewConnect market, the company announced. Ultimate Games is a producer and publisher of fishing and hunting simulators. Its biggest hit so far is Ultimate Fishing Simulator which had some 1.5...

Locked content Getin Noble Bank with PLN 190 mln private placement offer

WSE-listed Getin Noble Bank plans on increasing its charter capital by PLN 190 million by issuing 69.6 million C-series shares at PLN 2.73 apiece under a private placement offer, the bank said in a market filing. Shares will be sold to bank’s main shareholder Leszek Czarnecki. The issue will “enable...

Atal launches new residential project in Kraków

Warsaw Stock Exchange-listed developer Atal has launched apartment sales in the first phase of its Atal Kliny Zacisze residential project in Kraków. On offer are a total of 92 housing units in two buildings, which are scheduled to be completed in the final quarter of next year. Atal is currently sel...

Echo Investment: 100,000 sqm of office space leased in 2017

Warsaw Stock Exchange-listed developer Echo Investment has revealed it last year signed 75 lease agreements for a total of approximately 100,000 sqm of office space across Poland. Tenants whom the company secured for its buildings in 2017 include EY, Nokia, Philips, HCL, McKinsey, Deloitte, Apsys an...

Locked content Poland to send 61 athletes to PyeongChang

Polish Olympic Committee will send 61 athletes to the Winter Olympic Games in PyeongChang, South Korea. Speed skating will be the sport with the biggest Polish representation, as many as 13 skaters will participate in the events. Only in the skeleton, ice hockey, and curling Poland will have no repr...

Locked content Korwin-Mikke quits MEP post

A controversial MEP Janusz Korwin-Mikke announced that he will be leaving his post in Brussels. He claimed it “was a waste of time” and announced his return to Polish politics. He wants to launch yet another political party and mulls running for Warsaw’s president. He was infamous for his racist and...