Locked content ZUS transfers PLN 42.9 mln to OFEs this week

Social Insurance Board (ZUS) transferred PLN 42.9 million to the open pension funds (OFE) this week. Overall, in March, the transfers amounted to PLN 295.4 million so far, while this year’s transfers have reached PLN 797.7 million. Last year, ZUS transferred PLN 2.93 billion to OFEs. Poland has been...

Locked content Kruk buys PLN 334 mln debt portfolios

Prokura NS FIZ, a subsidiary of WSE-listed debt collector Kruk, won a tender for the purchase of a portfolio of unsecured retail receivables with a nominal value of approx. PLN 147 million and a portfolio of secured corporate receivables valued at PLN 187 million from one of the largest banks in Pol...

Locked content PFR: We can finance nuclear plant project with ‘several PLN blns”

The state-run Polish Development Fund PFR can invest “several PLN billions” in the planned nuclear plant, PFR President Paweł Borys said. “The topic of potential participation in financing the construction of a nuclear power plant has been brought up and we declare that we are just financing large i...

Locked content Budimex wins PLN 333.5 mln tender for S19 road

WSE-listed construction firm Budimex filed the best offer worth PLN 333.5 million net for building a section of S19 expressway with the General Director for National Roads and Motorways GDDKiA, the company said in a market filing. The 10.5 kilometers-long section will connect Podgórze with Kamień an...

Pengab banking sentiment grows in March

The Pengab index, which measures conditions in the banking industry, increased by 7.6 points month-to-month to 29.6 points in March, according to the Monitor Bankowy report issued by Kantar TNS. Last year, the indicator stood at 30.3 points.

Locked content BIEC: Economic sentiment drops in March

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) decreased by 1.4 points and stood at 169.3 points in March. “This drop was mainly caused by the decreases on the Warsaw Stock Exchange and the reduced inflow of new orders t...

Locked content Colian announces tender offer for 21.71% stake. Plans delisting.

WSE-listed confectioner Colian announced a tender offer for 41.9 million shares representing a 21.71 stake at PLN 3.76 apiece. If the offer is successful, majority shareholders of the company plan to delist it from the Warsaw Stock Exchange. Subscriptions will start on April 20 and end on June 14...