Locked content Żywiec to pay out PLN 26 per share in 2017 dividend

Beer producer Grupa Żywiec has decided to allocate PLN 256.8 million of its 2017 profit to dividend payouts, which translates into PLN 26 in dividend per share. The remaining PLN 4.9 million of the profit will go to a reserve fund for future dividend payouts. Grupa Żywiec sold 11.2 million hectolite...

Locked content Forte launches production plant, plans more investments

Furniture producer Forte has opened a chipboard production facility in the Suwałki Special Economic Zone, the first stage of a PLN 700 million investment plan. The company plans to open its fifth furniture production plant in Suwałki by 2020, the company said. Forte has been listed on the WSE since ...

Locked content Energy consumption up 6.7% in March

Energy consumption increased in March by 6.71 percent y/y to 15.41 TWh, while energy production increased by 5.46 percent y/y to 14.89 TWh, energy grid operator PSE stated. In the first quarter, a total of 43.54 TWh was generated (a drop of 1.71 percent y/y) and 45.09 TWh was consumed (up by 2.76 pe...

Locked content Mostostal Zabrze with PLN 99 mln contract for hospital construction

Mostostal Zabrze Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego, part of the Mostostal Zabrze group, has won the tender to construct a children’s hospital in Zielona Góra for a total of PLN 98.7 million, the company stated in a market filing. The tender was organized by Karol Marcinkowski Univ...

BZ WBK launches blockchain foreign transfers

Lender BZ WBK, whose main shareholder is Santander, has launched its quick international payment service based on the blockchain technology. The pilot implementation includes both individual and business clients transferring funds to the UK. The bank is planning on allowing blockchain-based quick tr...