Locked content Robyg mulls PLN 200 mln public bond issue

WSE-listed developer Robyg is considering a public issue of unsecured PA series bonds worth up to PLN 200 million, the company said in a market filing. This amount may be increased by the decision of the board. The issue would take place as part of a program to offer bonds worth up to PLN 400…...

Locked content Grupa Żywiec 2017 profit down

WSE-listed beer producer Grupa Żywiec posted a consolidated net profit of PLN 258.55 million for 2017, compared to PLN 272.57 million in 2016, the company stated. Operational profit stood at PLN 333.91 million (compared to PLN 327.88 million in 2016), while consolidated revenue reached PLN 2.23 bill...

Locked content OFEs transfer PLN 747.4 mln to ZUS in January

Private pension funds OFE transferred PLN 747.7 million to the Social Security Fund ZUS under the pre-retirement asset shift in February. In the other direction, PLN 227.2 million in premiums were transferred. Under the Polish law, each OFE member has their assets transferred to ZUS over the 10-year...

Locked content Coal sales down in December

Polish coal miners sold 5.43 million metric tons of coal in December, down by 0.29 million tons m/m, and down by 0.76 million tons y/y the Industry Restructuring Agency (ARP) said. Coal production in December amounted to 4.99 million tons vs. 5.67 million tons in November and 6.04 million tons last ...

Foreign trade surplus reached PLN 2.1 bln in 2017 – GUS

In 2017, Polish exports turnover amounted to PLN 870.1 billion, while imports amounted to PLN 868 billion. Trade surplus reached PLN 2.1 billion down from PLN 17 billion last year. In comparison with 2016, exports increased by 8.3 percent and imports by 10.4 percent, data from Poland’s Central...

Locked content Ukraine deports Saakashvili to Poland

Ukrainian authorities deported former Georgian President and governor of Odessa Mikheil Saakashvili to Poland. “This person was on Ukrainian territory illegally and therefore, in compliance with all legal procedures, he was returned to the country from where he arrived,” border service spokesman Ole...

Locked content EC won’t fine Poland for Białowieża logging

The European Commission has accepted Poland’s explanations regarding stopping the logging in the Białowieża forest and will not apply to the EU Court of Justice to fine Warsaw, the Polish Press Agency PAP said quoting EU sources. Back in January, Polish government submitted a document highligh...

Locked content Investment funds with PLN 4.6 bln net inflows in January

Polish investment funds recorded PLN 4.6 billion in net inflows in January, according to data released by Analizy Online and IZFiA. The result is 1.7 percent higher m/m and 8.2 percent y/y. At end-January investment funds’ AuM totaled PLN 283.6 billion. “The results were boosted by a favorable...

Locked content PGE with Q4 loss. PLN 2.64 bln profit for 2017

WSE-listed, state-controlled power utility PGE had a PLN 2.64 billion net profit in 2017, according to the company’s preliminary results. In Q4 alone, PGE had PLN 319 million loss. EBITDA amounted to PLN 7.6 billion last year, while in Q4 it stood at PLN 1.49 billion, down by 42 percent y/y due to a...