Locked content Weekend gateways popular in Poland – report

As many as 68 percent of Poles go away for the weekend at least once a year, and every fifth Pole does it at least once a quarter, according to the Deutsche Bank study. “The popularity of the so-called city breaks, or a few-day holiday, whether in Poland or abroad, is influenced by the ever-wider an...

Locked content GetBack to be removed from WSE indices

Troubled WSE-listed debt collector GetBack shares will be removed from the bourse indices, including the mid-cap index WIG40 following May 8 session, WSE said in a market filing. Getback shares were marked by WSE “in specific manner.” The company will be replaced by biotech firm Mabion in the WIG40 ...

More Euro Styl apartments available in the Tri-city

Developer Euro Styl, part of the Dom Development capital group, has launched sales of apartments in new phases of two of its residential projects in the Tri-city agglomeration. On offer are a total of 54 units in two buildings within the Osiedle Beauforta scheme in Gdynia that are scheduled to be co...

Lease renewals at MLP Pruszków I

Three tenants at the MLP Pruszków I logistics park in the Warsaw area – Nilfisk, Mitsuboshi and Mainfreight – have renewed their lease agreements with developer MLP Group, the owner of the property. The companies occupy a total of more than 2,600 sqm of warehouse space in the location. MLP Pruszków ...

PwC leases space in Skanska’s flagship Kraków scheme

Consulting firm PwC has leased more than 1,200 sqm of office space at the High5ive office project, which Skanska Property Poland is now developing in downtown Kraków. The biggest scheme of the developer in the city, High5ive will consist of five buildings offering a total of approximately 70,000 sqm...

Locked content Retail sales up 5.9% – Eurostat

Seasonally-adjusted retail sales increased by 5.9 percent y/y in March in Poland, EU’s statistics office Eurostat stated. In month-on-month terms it fell by 0.8 percent. In the entire EU, retail sales rose by 1.8 percent y/y and decreased by 0.1 percent m/m. According to Polish statistics office GUS...

Locked content Two miners dead, three still missing in JSW’s Zofiówka mine

Two miners dead, three still missing in JSW’s Zofiówka mine Search and rescue continues for the three missing miners in the Zofiówka mine belonging to JSW. An aftershock on Sunday afternoon slowed the progress of rescuers, but they continue to move towards the three miners’ last know location. On Sa...

Locked content Serinus applies for share suspension between May 8 and10

Serinus has applied to the Warsaw Stock Exchange (WSE) for share suspension from May 8 to May 10, due to the transfer of its headquarters to Jersey in the Channel Islands and change of the ISIN number, the company said. Suspension is related to  granting the company a new ISIN to the shares. It is&#...

Locked content KNF suspends four WSE-listed companies

Financial Supervision Authority KNF asked Warsaw Stock Exchange to suspend trading of Graviton Capital, Indygotech Minerals, Lark.pl and Ursus from Friday. KNF states the companies failed to publicly disclose, within the time-limits laid down by law, annual reports for the financial year 2017 or pro...

Locked content MOL with HUF 60.26 bln net profit in Q1

Hungarian MOL reported net profit of HUF 60.26 billion, down by almost 36 percent y/y. Operating profit amounted to HUF 68.65 billion compared to HUF 120 billion a year ago. “Due to rising oil prices, increased production and lower costs EBITDA in the Upstream segment increased by 31 percent y...