Locked content Cyfrowy Polsat extends tender Netia shares

WSE-listed media group Cyfrowy Polsat extended its tender offer for shares of listed telecom Netia to April 9, as the antitrust watchdog UOKiK sent the case has been entered into the second phase of the proceedings, reserved for more complicated cases. Subscriptions originally were to have ended Mar...

Locked content Śląskie Kamienice mulls move to WSE main market

Listed on the small-cap, alternative market Śląskie Kamienice company will vote on a draft resolution on March 26 to move the company’s shares to the WSE main market. Additionally, the company plans to buy up to 2,083,892 of its own shares at PLN 0.1 to PLN 12 apiece. The company debuted on NewConne...

Locked content Idea Bank with PLN 27.9 mln impairment to Q3 results

WSE-listed Idea Bank, a unit of listed Getin Holding will have a PLN 27.9 million impairment to its Q3 results, after writing off loans worth PLN 34.3 million, the company said in a market filing. The company estimates that the write off will reduce its Q3 net profit by PLN 15.2 million. The amendme...

Locked content BZ WBK and Deutsche Bank Polska sign demerger plan

WSE-listed lenders BZ WBK and Deutsche Bank Polska agreed on the terms of the demerger plan and plan on finalizing the deal before end-2018, the banks said in a market filing. The banks will now file a motion with Financial Supervision Authority KNF to approve the demerger of Deutsche Bank Polska. M...

Locked content Foreign investors continue to dominate WSE

The share foreign investors on the Warsaw Stock Exchange main market remained unchanged at 53 percent in 2017, while the share of institutional investors declined by 3 percentage points to 31 percent. Individual investors were responsible for 16 percent of WSE trading, up by 3 percentage points. In ...

Ronson buys land for major Warsaw project

Warsaw Stock Exchange-listed developer Ronson Development has signed conditional agreements for the purchase of plots in the Ursus district of the Polish capital on which it plans to build a residential project comprising approximately 1,600 apartments. The transactions, which will be finalized if W...

Zdrojowa with another Szklarska Poręba scheme

Developer and hotel operator Zdrojowa Invest & Hotels has launched construction work on the first phase of its Forest Ski Hotel**** & Resort project in Szklarska Poręba in the Karkonosze mountains. The company, which has previously built the Cristal Resort Szklarska Poręba scheme in the popu...

Hillwood to develop 130,000-sqm logistics center for Zalando

Developer Hillwood will build a 130,000-sqm logistics center project for Zalando Lounge, the shopping club of online fashion platform Zalando. The scheme will be located near the city of Olsztynek in north-eastern Poland with JLL having advised Zalando during the process of selecting the location. U...